Daily Archives: January 28, 2016

Indian Resident may acquire property outside India jointly with relative

By | January 28, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] RESERVE BANK OF INDIA (Foreign Exchange Department) CENTRAL OFFICE NOTIFICATION Mumbai , the 21st January 21, 2016 No. FEMA 7(R)/2015—RB G.S.R. 95(E).—In exercise of the powers conferred by clause (h) of sub-section (3) of Section 6, sub-section (2) of Section 47 of the Foreign Exchange Management… Read More »

Download Result Card of CPT December 2015 (Examination)

By | January 28, 2016

Source : ICAI January 25, 2016 Sub:- Website for downloading Result Card of CPT December, 2015 (Examination) The Result Cards of Common Proficiency Test (CPT) have been hosted at www.icai.nic.in instead of www.icai.nic.in/cptresultcard (which was mentioned in the Information Brochure/Guidance Notes for CPT candidates published along with the Examination Application Forms of CPT December, 2015)… Read More »

Result of Combined Defence Services Examination (I) 2015

By | January 28, 2016

Combined Defence Services Examination (I) 2015 The following are the lists, in order of merit, in respect of  167 (137 Man + 30 Women)candidates  who have finally qualified on the basis of the results of the Combined Defence Services Examination (I)-2015 conducted by the Union Public Service Commission and interviews held by the Services Selection… Read More »

e-Admit Cards for Combined Defence Services Examination (I) 2016

By | January 28, 2016

Combined Defence Services Examination (I), 2016 The Union Public Service Commission will be conducting the Combined Defence Services Examination (I), 2016 at different venues located at 41 Centres throughout the country on 14.02.2016 (Sunday). The e-Admit Cards for the candidates have been uploaded on the Commission’s Web-sitehttp://www.upsc.gov.in which may be downloaded.  Letters of rejection to… Read More »

Resolution of more than 100 Cases of Transfer Pricing Disputes with USA

By | January 28, 2016

Resolution of more than 100 Cases of Transfer Pricing Disputes with USA Under MAP One of the significant steps taken by Central Board of Direct Taxes(CBDT to boost investment sentiments among MNCs is the landmark Framework Agreement signed with the Revenue Authorities of USA in January, 2015. This agreement was finalised under the Mutual Agreement… Read More »

$80 Million Loan Agreement to Improve Urban Services in Agartala and Aizwal

By | January 28, 2016

India and ADB Sign $80 Million Loan Agreement to Improve Urban Services in Two North Eastern State Capital Cities of Agartala and Aizwal The Asian Development Bank (ADB) and the Government of India signed here today an $80million loan agreement to continue improving infrastructure in two North Eastern State Capital cities. The loan is the… Read More »

Upfront premium received for 30 years taxable in year of receipt :ITAT

By | January 28, 2016

IN THE ITAT BANGALORE BENCH ‘C’ New Mangalore Port Trust v. Assistant Commissioner of Income-tax, Circle 1 (1), Mangalore VIJAY PAL RAO, JUDICIAL MEMBER AND JASON P. BOAZ, ACCOUNTANT MEMBER IT APPEAL NO. 1299 (BANG.) OF 2013 [ASSESSMENT YEAR 2009-10] NOVEMBER  6, 2015 V. Srinivasan, CA for the Appellant. Smt. Chandana Ramachandran, CIT, DR for… Read More »

Ministry of Shipping to invest Rs.14225 crores on Port Projects

By | January 28, 2016

Ministry of Shipping to invest Rs. 14,225 crores on various Port Projects In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasizing on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other… Read More »