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Companies (Removal of Difficulties) Second Order, 2014 – Dated 2-6-2014 – Companies Law

June 2, 2014 1384 Views 0 comment Print

Jurisdiction, Powers, authority and functions of Company Law Board.- Until a date is notified by the Central Government under sub-section (1) of Section 434 of the Companies Act, 2013 (18 of 2013), the Company Law Board constituted in pursuance of sub-section (1) of Section 10E of the Companies Act

CBDT Orders Posting of 195 Commissioners and JCIT

May 17, 2014 8422 Views 0 comment Print

The CBDT has vide Order No. 69 of 2014 dated 16.05.2014 ordered the postings of 47 officers of the grade of Commissioner/ Director of Income-tax.These officers were earlier promoted vide order no. 32 of 2014 dated 20th February, 2014. Download Order No. 69 of 2014 dated 16.05.2014

Distribution Of Zones & Work Arrangements of Specified Members of CBDT W.E.F. 1-4-2014

March 31, 2014 1598 Views 0 comment Print

2. In addition, following work arrangement is also ordered with approval of competent authority with effect from 01.04.2014 and until further orders:- (i) DGIT (International Taxation) and FT & TR Division would be placed with Member (IT); and (ii) Directorate General of Income Tax(Logistics) would be placed with Member(P&V).

Companies Act 2013- Clarification on defination of term 'related party’

March 28, 2014 4058 Views 0 comment Print

It is hereby clarified that a public company in which a director or manager is a director and holds along with his relatives, more than two per cent. of its paid up share capital shall be related party.

Removal of difficulties regarding certification of Annual Return

March 28, 2014 3033 Views 0 comment Print

Order proposed to be issued under section 470 of the Companies Act, 2013. MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 2014 S.O. _____ (E) Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof came […]

CBDT promotes 18 CCIT/DGITs to the grade of Principal CCIT

March 27, 2014 2274 Views 0 comment Print

The CBDT has vide Order No. 48 of 2014 dated 27.03.2014 promoted 18 officers in the grade of Chief Commissioner/Director General of Income Tax to the grade of Principal Chief Commissioner of Income Tax (CCIT) in the Pay Scale of Rs. 80,000/- with effect from the date of assumption of charge of the post and until further orders.

Delhi VAT – Tax Rate on Lead pencil and coloured pencil

March 24, 2014 5664 Views 0 comment Print

Lead pencil is covered by entry no. 76 of the Third Schedule appended to the DVAT Act, 2004. Further, the coloured pencil is not covered under any of the entry of any of the Schedules appended to the DVAT Act, 2004, hence, is an unspecified item covered under section 4(1)(e) of the Act and is taxable @ 12.5%.

Dehi VAT – Regarding Description of powers U/s. 25(1), (2) & (5)

March 21, 2014 765 Views 0 comment Print

All the powers requiring a dealer or a person or prescribed class of persons to furnish security as a condition for registering a person as a dealer or for- refund purpose under Section 38 of the Delhi Value Added Tax (DVAT) Act, 2004, excluding the powers to increase, vary, reduce or waive and forfeiting the whole or any part of the security furnished by him.

R.K. Tewari is appointed as new CBDT Chairman

March 3, 2014 2006 Views 0 comment Print

The President of India is pleased to appoint: Shri R.K.Tewari, IRS (IT:76), Member, Central Board of Direct Taxes, as Chairperson of the Central Board of Direct Taxes (CBDT) in the Department. of Revenue, Ministry of Finance in the pay scale of Rs. 80,000/- (fixed) with the status of Special Secretary to the Government of India against the vacancy arose due to superannuation of Ms. Sudha Sharma on 28.02.2014, from the date of his taking charge of the post, until further orders or his superannuation, whichever is earlier.

CLB bans audio or video recording of bench proceedings by parties

February 20, 2014 576 Views 0 comment Print

Restriction on Audio or Video Recording by the parties:— There shall be no audio or video recording of the Bench proceedings by the parties.

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