Daily Archives: January 16, 2016

Short term Capital Loss Brought Forward can be Set off from long term Capital Loss

IN THE ITAT MUMBAI BENCH ‘G’ GSB Capital Markets Ltd. v. Deputy Commissioner of Income-tax, Range 4(1), Mumbai AMIT SHUKLA, JUDICIAL MEMBER AND RAMIT KOCHAR, ACCOUNTANT MEMBER IT APPEAL NO. 307 (MUM.) OF 2014 [ASSESSMENT YEAR 2010-11] DECEMBER  16, 2015 Ajay R. Singh for the Appellant. Rajesh Ojha for the Respondent. ORDER Ramit Kochar, Accountant… Read More »

Notification No. 13/2016 – Customs (N.T.) for Fixation of Tariff Value of Edible Oil, Brass, Poppy Seed, Areca Nut, Gold and Sliver

Tariff Notification in respect of Fixation of Tariff Value of Edible Oil, Brass, Poppy Seed, Areca Nut, Gold and Sliver [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION(ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 13/2016 – Customs (N.T.) New Delhi,… Read More »

SEBI reduced Daily Price Limits & Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment

Securities and Exchange Board of India CIRCULAR CIR/CDMRD/DMP/2/2016                                                            January 15, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Sir / Madam,… Read More »

SEBI Steps for Curbing Volatility in Commodities Derivatives Markets

Securities and Exchange Board of India PR No. 13/2016 Steps for Curbing Volatility in Commodities Derivatives Markets In accordance with Central government notifications F. No. 1/9/SM/2015 S.O. 2362 (E) and F. No. 1/9/SM/2015 S.O. 2363 (E) dated August 28, 2015, SEBI had commenced regulating the commodity derivatives market under Securities Contracts Regulation Act (SCRA) 1956 with… Read More »

Polio free status for five years is treasure for India

President launches countrywide Pulse Polio Programme for 2016 Shri J P Nadda: “Polio free status for five years is a treasure for all of us” The President of India Shri Pranab Mukherjee launched the Pulse Polio programme for 2016 by administering polio drops to children less than five years old, at the Rahstrapati Bhawan, in… Read More »