Monthly Archives: July 2016

CSR expenditure is allowable business expense : ITAT

By | July 5, 2016

IN THE INCOME TAX APPELLATE TRIBUNAL RAIPUR BENCH, RAIPUR Assistant Commissioner of Income Tax Circle 1(1), Bilaspur ………….…………….Appellant Vs. Jindal Power Limited ……..….…….…Respondent Tanmar, Raigarh 496 107 I.T.A. No.99/BLPR/2012 Assessment year: 2008-09 S. 37(1): Expenditure on Corporate Social Responsibility (CSR), though voluntary, is allowable as business expenditure. Explanation 2 to s. 37(1) inserted w.e.f. 01.04.2015… Read More »

Pensionable salary for existing members based on higher salary

By | July 4, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 1 st July, 2016 G.S.R. 657(E).— In exercise of powers conferred by section 6A read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government… Read More »

Download DISA Exams Sample Question papers with answers

By | July 4, 2016

DISA exam Sample Question papers with answers (Diploma in Information System audit) We are attaching herewith the  Sample Question Papers for DISA Exams. This will help you to prepare for DISA ET and AT. It is recommend that those appearing for DISA Exams or pursuing the same  to go through all  sets of Question Papers as… Read More »

National Mineral Exploration Policy to be launched by Govt

By | July 4, 2016

Ministry of Mines will launch of National Mineral Exploration Policy It is a consensus amongst geoscientists that India is endowed with large mineral resource and has geological environment for many others on account of similarity of geological set up with Australia, South Africa, South America etc. However, survey and exploration have been broadly concentrated on… Read More »

How creditor can recover money using Insolvency and Bankruptcy Code 2016

By | July 4, 2016

Insolvency and Bankruptcy Code 2016 Insolvency and Bankruptcy Code 2016 received the Assent of President on 28.05.2016 . Read Complete Insolvency and Bankruptcy Code 2016 Notified by the Government. This Code has two parts i.e. Part II for Corporate Debtors (applicable for Companies and LLPs) and Part III, IV and V applicable to individuals and partnership firms.… Read More »

Staff Provident Fund in EPFO , Revised Rate of Interest

By | July 4, 2016

EMPLOYEES’ PROVIDENT FUND ORGANISATION Ministry of Labour & Employment, Government of India Head Office Bhavishya Nidhi Bhawan, 14, Bhikaj Cama Place, New Delhi -11006 No. HRD/3(2)2012/SPF/349 dated 01/07/2016 To, All Additional CPFCs, All RPFCs, Regional Offices, including RPFC (ASD), Head Office, All Officers in-charge of SROs Sub: Revised rate of interest – with regard to Staff Provident Fund in… Read More »

Every depository to maintain Wind-down Plan

By | July 3, 2016

GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, MAY 27, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 27th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (THIRD AMENDMENT) REGULATIONS, 2016 No. SEBI/ LAD-NRO/GN/2016-17/007- In exercise of the powers conferred by Section 30… Read More »

National Company Law Tribunal- Delhi : Criteria for listing matters

By | July 3, 2016

No. 25/1/2016-1 NCLT Government of India National Company Law Tribunal 6thFloor. Block -3 CGO Complex, Lodhi Road New Delhi-110003 Dated: 29th June, 2016 ORDER Consequent to the notification no. S.O. 1935 (E) dated 1.6.2016 issued by the Central Government. Ministry of Corporate Affairs following criteria has been laid down for listing of the matters before… Read More »