CESTAT, NEW DELHI BENCH Vinayak Industries v. Commissioner of Central Excise & Service Tax, Jaipur-I S.K. MOHANTY, JUDICIAL MEMBER AND R.K. SINGH, TECHNICAL MEMBER FINAL ORDER NO. 52122/2016 APPEAL NO. ST/60635/2013-CU(DB) JUNE 9, 2016 Ms. Rinky Arora, Adv. for the Appellant. Amresh Jain, DR for the Respondent. ORDER R.K. Singh, Technical Member – Appeal is… Read More »
HIGH COURT OF GUJARAT Different Solution Marketing (P.) Ltd. v. Assistant Commissioner of Commercial Taxes AKIL KURESHI AND A.J. SHASTRI, JJ. SPECIAL CIVIL APPLICATION NO. 19949 OF 2015 JUNE 30, 2016 Sikandar M. Pathan, Advocate for the Petitioner. Jirga Zaveri, Asstt. Govt. Pleader for the Respondent. JUDGMENT Akil Kureshi, J. – Leave to delete petitioner… Read More »
Held Bank accounts were in the nature of either the cash credit account or term loan account. In other words, the accounts were opened to enable the assessee to borrow the money from the bank for the purpose of its business. Any money, therefore, that the bank may make available to the assessee would necessarily… Read More »
UCO BANK AUDIT & INSPECTION DEPARTMENT HEAD OFFICE, KOLKATA NOTIFICATION [FOR EXPRESSION OF INTEREST FOR EMPANELMENT OF CONCURRENT AUDITORS] 21st July, 2016 UCO Bank invites online applications from practicing firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empanelled as Concurrent Auditors of the Bank. The CA firms already… Read More »
CIRCULAR No. 196/06/2016-ST F.No. 137/15/2015-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Service Tax Wing) **** New Delhi, Dated: 27th July, 2016. To All Principal Chief Commissioners of Central Excise and Service Tax/ Customs All Chief Commissioners, Central Excise and Service Tax / Customs. Principal Directors General… Read More »
Clarification regarding attaining prescribed age of 60 years/80 years on 31st March itself, in case of Senior/Very Senior Citizens whose date of birth falls on 1st April, for purposes of Income-tax Act, 1961 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No. 28/2016-Income Tax North Block, New Delhi… Read More »
7th Pay commission-key points Analysis Withholding of Annual Increments As per Para 5.1.46 of the report of 7th Pay commission accepted by Government: Withholding of annual increments in the case of those employees who are not able to meet the benchmark either for MACP or a regular promotion within the first 20 years of their service.… Read More »
Trial of Talgo Train The trials with Talgo Coaches started with effect from 24.05.2016. The trials on main line track have been completed. The trials on Rajdhani track are under progress. The main features of Talgo Coaches are:- (i) Natural tilting leading to higher speed on curves. (ii) Independent Axle-less wheels. (iii) Lightweight Aluminium body… Read More »
Impact of Ban on 2000 CC Diesel Cars The interim ban on sale of new Diesel Cars of 2000 cc and above in the National Capital Region (NCR) has been directed by the Hon’ble Supreme Court of India on 16th December 2015. Department of Heavy Industry, Government of India has submitted an affidavit to Hon’ble… Read More »
Cabinet approves setting up of new AIIMS in Bhatinda The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the establishment of a new AIIMS at Bhatinda in Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). The institution shall have a hospital with capacity of 750 beds which will include Emergency/Trauma… Read More »