Daily Archives: July 25, 2015

Different financial year of Company

Different financial year of Company Query: I have a query my client is following financial year as Nov 2012 to Oct 2013. For complying with sec 2 (41) of companies act 2013, we are revising financial year from Nov 2013 to Dec 2014. We have not passed any BR to that effect till now. I would… Read More »

Service Tax Amnesty Scheme Order are appealable

Question : Service Tax Amnesty Scheme  Order are appealable ? Answer :’Designated authorities’ under Service Tax Voluntary Compliance Encouragement Scheme amount to ‘adjudicating authorities’, as they pass order/decision; hence, orders passed by them are appealable as per Finance Act, 1994 HIGH COURT OF MADRAS Narasimha Mills (P.) Ltd. v. Commissioner of Central Excise (Appeals) S. VAIDYANATHAN,… Read More »

ESOP to NR Employees

Cos. issuing ESOP to NR employees to furnish return to RBI in Form-ESOP within 30 days of their issuance ISSUE OF SHARES UNDER EMPLOYEES STOCK OPTIONS SCHEME AND/OR SWEAT EQUITY SHARES TO PERSONS RESIDENT OUTSIDE INDIA A.P. (DIR SERIES 2015-16) CIRCULAR NO.4, DATED 16-7-2015 Attention of Authorised Dealer Category – I (AD Category-I) banks is… Read More »