Daily Archives: July 29, 2016

Trust claiming exemption u/s 10(23C), No Section 40(a)(ia) Disallowance

By | July 29, 2016

Held The assessee was registered under section 10(23C)(iv) of the Act and claimed exemption under the said Act. Similarly, in assessment years 2009-10, 2010-11, since the assessee was registered under section 12AA of the Act, the income was claimed to be exempt under section 11 of the Act. It is also a fact on record… Read More »

CA can’t be said to be deemed in practice if only running coaching classes for CA Students

By | July 29, 2016

HIGH COURT OF DELHI Harpal Singh Dhingra v. Vinod Gupta SANJEEV SACHDEVA, J. CONT.CAS(C) 657 & C.M. NO. 19762 OF 2016 JULY  26, 2016 Vishwas Ahuja for the Appellant. Ashish Makhija for the Respondent. JUDGMENT 1. On 23.05.2016, this petition as directed to be listed on 01.12.2016 alongwith the connected Writ Petition. In the Writ… Read More »

Section 10 (46) Exemption to Kerala Headload Workers Welfare Board

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 26th July, 2016 S.O. 2527(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules 2016

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 11th April, 2016 G.S.R. 414(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (m) of sub-section (2) of section 59 read with section 44… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Third Amendment Rules 2015

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 12th October, 2015 G.S.R. 776(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of subsection (2) of section 59 read with section 44… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Second Amendment Rules 2015

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 3rd July, 2015 G.S.R. 536(E).—In exercise of the powers conferred by sub-section (1), clause (k) and clause (l) of sub-section (2) of section 59 read with section 44 and section… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules 2015

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 27th April, 2015 G.S.R. 322(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of subsection (2) of section 59, read with section 44… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Second Amendment Rules 2014

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 26th December, 2014. G.S.R. 918(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of subsection (2) of section 59, section 44 and section… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules 2014

By | July 29, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 8th September, 2014 G.S.R. 638(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of subsection (2) of Section 59 read with Section 44… Read More »

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules 2014

By | July 29, 2016

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 14th July, 2014. G.S.R. 501(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of sub-section (2) of section 59 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014), read with section… Read More »

Date extended for Public Servants to file Annual Return of assets

By | July 29, 2016

As per the following notification Govt has extended the date for filing nnual Return of Assets and Liabilities by public servants to 31st December 2016 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II —SEC. 3(i)] MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 29th July, 2016. G.S.R.747(E).––In… Read More »

Exemption on Clinical Trials

By | July 29, 2016

Exemption on Clinical Trials The Government has vide GSR No.313 (E) dated 16.03.2016 amended the Drugs and Cosmetics Rules, 1945 to inter alia provide as below: “no permission for conduct of clinical trial intended for academic purposes in respect of approved drug formulation shall be required for any new indication or new route of administration… Read More »

Indian Trusts Amendment Act 2016 received president assent

By | July 29, 2016

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 27th July, 2016/Shravana 5, 1938 (Saka) The following Act of Parliament received the assent of the President on the 26th July, 2016, and is hereby published for general information:— THE INDIAN TRUSTS (AMENDMENT) ACT, 2016 (NO. 34 OF 2016) [26th July, 2016.] An Act further… Read More »

Every public servant to declare Assets in prescribed form: Bill in Lok Sabha Introduced

By | July 29, 2016

THE GAZETTE OF INDIA EXTRAORDINARY [PART II- Section 2] LOK SABHA ———— The following Bill was introduced in Lok Sabha on 27th July, 2016:— BILL NO. 185 OF 2016 A Bill to amend the Lokpal and Lokayuktas Act, 2013 BE it enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:—… Read More »

Compensatory Afforestation Fund Bill 2016 Passed by Rajya Sabha

By | July 29, 2016

Compensatory Afforestation Fund Bill, 2016 Passed by Rajya Sabha Rajya Sabha today passed The Compensatory Afforestation Fund Bill, 2016.   The Bill had earlier been passed by Lok Sabha in May 2016. Replying to the discussion on the Bill today, Minister of State (Independent Charge) of Environment, Forest and Climate Change, Shri Anil Madhav Dave, said that it… Read More »