Monthly Archives: July 2016

No physical verification of premises of manufacturers of readymade garments and made up articles of textiles.

By | July 13, 2016

Seeks to further amend notification No. 35/2001-Central Excise (NT) dated 26.06.2001 so as to exempt mandatory physical verification of manufacturing premises in respect of manufacturers of readymade garments and made up articles of textiles. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE… Read More »

Cenvat Credit allowed even if premises not registered with Service Tax Department

By | July 13, 2016

CESTAT, HYDERABAD BENCH ‘SMB’ GE India Exports (P.) Ltd. v. Commissioner of Customs, Central Excise & Service Tax, Hyderabad-II MS. SULEKHA BEEVI C.S, JUDICIAL MEMBER FINAL ORDER NO. A/30282/2016 APPEAL NO. ST/28026/2013 APRIL  6, 2016 CST v. Convergys India (P.) Ltd. [2009] 21 STT 67 (New Delhi-Cestat) (para 4.6). Abhishek Rastogi, CA for the Appellant.… Read More »

UGC regulations for Foreign Educational Institutions collaborating with Indian Educational Institutions

By | July 12, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] UNIVERSITY GRANTS COMMISSION NOTIFICATION New Delhi, the 11th July, 2011 F. No. 1-1/2012(CPP-II).—In exercise of the powers conferred by clauses (f) and (g) of sub-section (1) of section 26 read with clause (j) of Section 12 of the University Grants Commission Act, 1956, the University Grants… Read More »

UGC amended regulations for appointment of Teachers in Universities and Colleges

By | July 12, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] UNIVERSITY GRANTS COMMISSION NOTIFICATION New Delhi, the 11th July, 2016 No.F.1-2/2016(PS/Amendment) -In exercise of the powers conferred under clauses (e) and (g) of sub-section (1) of Section 26 of University Grants Commission Act, 1956 (3 of 1956), the University Grants Commission hereby frames the following amendment… Read More »

Aadhaar Act 2016 : Govt notified places of Head office and Regional Offices

By | July 12, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (Department of Electronics and Information Technology) NOTIFICATION New Delhi, the 12th July, 2016 S.O. 2358(E).— In exercise of the powers conferred by section 11 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18… Read More »

Aadhaar Act 2016 comes into force w.e.f 12.07.2016 : Section 11 to 20, 22 to 23 & section 48 to 59

By | July 12, 2016

MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (Department of Electronics and Information Technology) NOTIFICATION New Delhi, the 12th July, 2016 S.O. 2357(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016), the Central Government hereby appoints… Read More »

Opening of parcel sector for Container Train Operators(CTOs) by Railways

By | July 12, 2016

Minister of Railways Shri Suresh Prabhakar Prabhu inaugurates/ launches various facilities/ initiatives from Rail Bhawan   Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated/ launched following facilities/Initiatives from Rail Bhawan today i.e. 12th July, 2016 :-  Announcement of policy opening category I and II Goods sheds for Container Lift on/Lift off operations by private container… Read More »

Case Laws on Income – section 2(24) of Income Tax Act

By | July 11, 2016

Case Laws on Income – section 2(24) of Income Tax Act S. 2(24) : Income – Capital  or revenue-Receipt representing compensation for loss of source of income would be treated as capital receipt. Assessee was a journalist by profession and was appointed as the foreign correspondent in India of a German news magazine. German publisher… Read More »