Competition Act allows compromise or settlement between parties subject to scrutiny of CCI Competition Act, 2002: Scheme of the Competition Act, 2002 allows the parties to enter into a compromise or settlement, but the same shall be subject to a scrutiny by the Commission, for examining whether public interest would continue to suffer and whether the… Read More »
Recently, Haryana Value Added Tax, 2003 has been amended vide Ordinance issued by the Governor dated 31.7.15 published vide Notification No Leg. 9/2015 dated 3rd August 2015. The concerned amendment is effective with effect from 3rd August 2015. The major amendment increasing time limits for conducting assessment/ reassessment/ revision are laid down as below Section… Read More »
RBI/2015-16/153 DGBA.GAD.No. 617/31.12.010(C)/2015-16 August 13, 2015 The Chairman/Chief Executive Officer All Agency Banks Dear Sir / Madam, Conduct of Government Business by Agency Banks – Payment of Agency Commission Please refer to paragraphs 2 to 7 of our Master Circular No RBI /2015-16/81 dated July 01, 2015 on the captioned subject, wherein government transactions eligible… Read More »
Q Can the Transferee Company can change its name as per Amalgamation Scheme without adhering to Companies Act ? Where scheme of amalgamation provided that name of transferee company would be deemed to have been changed to name of transferor company but Regional Director raised an objection that transferee company would follow Procedures and Rules… Read More »
Easy Steps to Calculate Depreciation as per Schedule II for the year 2014-15 Classify Assets as per Schedule II. Determine useful life as per Schedule II. Calculate Used Life of Assets till 31st Mar 2014. Determine remaining useful life (useful life as per schedule II- used life till 31st Mar 14). Remaining useful life may be round… Read More »