Civil Services Examination and Indian Forest Service Examination – 2016 Common Preliminary Examination The Union Public Service Commission will hold the Civil Services (Preliminary) Examination, 2016 on August 07, 2016. This Preliminary Examination will be common for the candidates applying for Civil Services Examination and Indian Forest Service Examination, and will act as a screening… Read More »
Vacations and working Hours in the Judiciary The duration of Vacation is governed by the Rules/Regulations framed by the concerned High Court and the Supreme Court. The vacation/working days/working hours in the District/ Subordinate courts are regulated by the respective High Court. The 230th Report of the Law Commission of India submitted in August, 2009… Read More »
International safety standards for new vehicles Government has already introduced several safety standards, which are very similar to international regulation. All such requirements are notified under CMVR from time to time. The following are the latest requirements which are in-line with international standards. These standards are already notified effective from the dates indicated. Date of… Read More »
Comments/suggestions invited on Report of the Committee (MAT-Ind AS) on the framework for computation of book profit for the levy of MAT. On the basis of the recommendations of the Committee on MAT-Ind AS, the Central Government has notified 10 ICDS vide Notification No. S.O.892(E) dated 31st March, 2015. With the approval of the Finance… Read More »
THE GAZETTE OF INDIA: EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 27th April, 2016 RULES F. No. 13018/3/2016-AIS(I).—The rules for a competitive examination—Civil Services Examination—to be held by the Union Public Service Commission in 2016 for the purpose of filling vacancies in… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 25th April, 2016 No. 3/2015-2020 Subject: Introduction of policy conditions on import of dogs in Chapter 01 of ITC (HS), 2012–Schedule–1 (Import Policy). S.O. 1496(E).—In exercise of powers conferred… Read More »
COMPANIES (FILING OF DOCUMENTS AND FORMS IN EXTENSIBLE BUSINESS REPORTING LANGUAGE) AMENDMENT IN RULE 3 NOTIFICATION NO. GSR 397(E) [F.NO.1/19/2013-CL-V], DATED 4-4-2016 In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following… Read More »
REPORT OF COMMITTEE FOR RECOMMENDING STANDARD DEFINITION OF CERTAIN TERMS RELATING TO DIRECT TAX ADMINISTRATION OFFICE MEMORANDUM F.NO.309/11/2016-OT, DATED 22-4-2016 A Committee was constituted by the Board, vide OM of even number dated 22nd January 2016, under the chairmanship of Shri Avadhesh Kumar Mishra, CIT (TDS)-2, Delhi to recommend standard definitions of certain commonly used… Read More »
Whether the payment of banquet and restaurant tips to the employees of the assessee in its capacity as employer were not profits in lieu of salary within the meaning of Section 17 (3) (ii) of the Income Tax Act, 1961 and hence Employer was not liable to deduct TDS on these Tips Paid to Employees?… Read More »
Held “There is no dispute that the assessee is a foreign company”. Therefore, in view of Section 144C(15) of the Act which defines eligible assessee to whom Section 144C(1) of the Act applies to inter alia mean any foreign company. Therefore, a draft assessment order under Section 144C(1) of the Act is mandated before the… Read More »