Daily Archives: March 7, 2017

Complete Guide to Interim Financial Reporting – Jan 2017 by Deepa Agarwal

A Complete Guide to Interim Financial Reporting: With Illustrative Statements Paperback – Jan 2017 by Deepa Agarwal (Author) About the book With the implementation of converged Indian Accounting Standards and regulatory requirement of filing of quarterly and year to date financial results by listed companies, interim financial reporting is a significant area for corporates and professionals… Read More »

Financial Reporting Requirements and Auditor’s Responsibilities under Companies Act 2013 Book 2017 Edition

Financial Reporting Requirements and Auditor’s Responsibilities under Companies Act 2013 – 2nd Edition by Deepa Agarwal With the Companies Act, 2013 operationalised for more than 3 years, financial reporting is a significant area for the corporates, professionals and finance directors in India. The auditor’s responsibilities have become onerous and extended as compared to the erstwhile legislation.… Read More »

Broadcasting and Cable Services – Tariff Order 2017

Telecommunication (Broadcasting and  Cable) Services (Eighth) (Addressable Systems) Tariff Order 2017 TELECOM REGULATORY AUTHORITY OF INDIA NOTIFICATION New Delhi, the 3rd March, 2017 F. No. 21-1/2016-B&CS.—In exercise of the powers conferred by sub-section (2) of section 11 of the Telecom Regulatory Authority of India Act, 1997 (24 of 1997), read with notification of the Central… Read More »

Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) Regulations 2017.

TELECOM REGULATORY AUTHORITY OF INDIA NOTIFICATION New Delhi, the 3rd March, 2017 F. No. 21-4/2016-B&CS.—In exercise of the powers conferred by section 36, read with sub-clauses (ii), (iii) and (iv) of clause (b) of sub-section (1) of section 11 of the Telecom Regulatory Authority of India Act, 1997 (24 of 1997), read with notification of… Read More »

Constitution of India Book in Hindi -2017 Edition

Constitution of India (Diglot Edition) (Hindi) Paperback– 2017 by B.S. Khetrapal (Author) Including 100th Amendment dated 28-05-2015. Bare Act with latest citation and competitive exam questions. The book contains reference of each section that appeared in CJ, ADJ, PSC and ADPO. Very useful for Judicial services competitive exams. Price Rs 300. Click to buy online Publisher:… Read More »

Guide To Competition Law -Book by S.M. Dugar

Guide To Competition Law (Containing Commentary On The Competition Act, 2002; Mrtp Act, 1969 & The Consumer Protection Act, 1986) by S.M. Dugar (Author) Key highlights of This Book – Guide To Competition Law • A comprehensive section-wise commentary on (i) Competition Act 2002 (ii) Monopolies and Restrictive Trade Practices Act, 1969 (predecessor to the 2002 Act)… Read More »

GST Video- E-Commerce & Works Contracts, Right to use, Restaurant, overlaping Transaction

E-Commerce & Works Contracts, Right to use, Restaurant, overlaping Transaction Published on Feb 28, 2017 by Indirect Tax Committee ICAI   Related Post on GST Free Video GST Video- Brief Concept of Model GST Law ( CGST, SGST & IGST) (1st Technical session) GST Video – Levy & Composition (2nd Technical Session) GST Video- Valuation… Read More »

Holding period of Property to be computed from allotment letter issue date

Issue Learned CIT (Appeal) has erred in not considering the fact that the rights, title and interest in the property was itself acquired and held from the date of Allotment letter dated 11-04-2005 by the Appellant and as such the Period of Holding and indexation cost were not properly considered.” Held Holding period should be… Read More »

Selfie Stick with or without Bluetooth – Heading Classification

Instruction no. 02/2017-Customs F.NO. 528/76/2016-STO(TU) Government Of India Ministry Of Finance Department Of Revenue Central Board of Excise and Customs (Tariff unit) **** Room No 229 A, North Block, New Delhi Dated the 6th March, 2017. To, All Principal Chief Commissioners Customs, All Principal Chief Commissioners of Customs & Central Excise, All Chief Commissioners of… Read More »

JNPCT Port Terminal- Export & Import Procedure for movement of Containers

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-G), MUMBAI ZONE-II, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, TALUKA: URAN, DISTRICT: RAIGAD, MAHARASHTRA-400707. F. No. S/43-10/2012 PSO JNCH Part IV Date: 03.03.2017 PUBLIC NOTICE NO. 25/2017 Sub: Standard Operating Procedure consequent to commencement of “Document Processing Area” in the Parking Plaza and Gate Automation for Export & Import… Read More »

DPD Containers scanning procedure – Customs Public Notice

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III) CONTAINER SCANNING DIVISION ,JAWAHARLAL NEHRU CUSTOMS HOUSE, NHAVA SHEVA,TAL- URAN, DISTT- RAIGAD. MAHARASHTRA – 400 707 Phone No. 022-27243249/email id: csdcustoms@gmail.com F. No. S/V-30/Misc-26/2015 CSD JNCH Date: 02 .03.2017 PUBLIC NOTICE No. 26/2017 Sub: Procedure for Scanning of DPD containers In respect of scanning & examination for RMS… Read More »

Rental income Taxable under Business head if objective was to carry on business

Held Main objective of the assessee firm as manifest from the partnership deed was to carry on business in construction of different types of buildings such as godowns, residential or commercial buildings, flats, shops etc., and lease them out as a part of its business activity but not as exploitation of the property as an… Read More »

Relax Scrutiny of Indiviudal Taxpayers from Income Tax dept – Budget 2017-18 Suggestions

Relaxation from scrutiny provisions for assessees, having taxable income upto Rs.5 lakhs other than business income, filing return for the first time – Scope of relaxation to be extended In the Budget Speech, the Hon’ble Finance Minister mentioned that the assessees, having taxable income upto Rs.5 lakhs other than business income, will not be subjected… Read More »

Terms not defined in Tax Treaties – Govt should not give explanation – Budget 2017-18 Suggestions

Suggestions Clauses 39 and 40 of Finance Bill 2017– Sections 90 & 90A – Clarification with regard to interpretation of ‘terms’ used in tax treaties under Section 90/90A but not defined in such treaties – Concern to be addressed Under the existing provisions of Section 90 of the Act, power has been conferred upon the… Read More »

Applicability of GST in Nov.2017 CA Examinations – Clarification

28th Feb., 2017 Sub: Applicability of GST in Nov., 2017 Examinations Students appearing in November, 2017 Intermediate (IPC) Examination may note that Goods and Services Tax (GST) will not be examined in Part II: Indirect Taxes of Paper 4: Taxation. Therefore, students are advised to start studying the existing indirect tax laws as covered in… Read More »

Revised Guidelines for launching of prosecution under Customs Act 1962

Guidelines for launching of prosecution under Customs Act 1962 Guidelines for launching of prosecution in relation to offences punishable under Customs Act, 1962- reg. [CBEC CIRCULAR NO. 07/2017-Customs, Dated: March 6, 2017] I am directed to invite the attention of the field formations to the prosecution guidelines issued by the Ministry vide Circular No. 27/2015-Customs dated… Read More »

USA -IRS – 9 Common Filing Errors to Avoid

Nine Common Filing Errors to Avoid The IRS encourages taxpayers to file an accurate tax return. If a taxpayer makes an error on their return, it will likely take longer for the IRS to process it. This could delay a refund. Avoid many common errors by filing electronically. IRS e-file is the most accurate way… Read More »

Book Prevention of Corruption Act 1881 (Lawmann’s) -2017 Edition

Prevention of Corruption Act, 1881 (Lawmann’s) Contents : 1. Appointment Of Special Judges (Offence And Penalties) 2. Public Servant Taking Gratification Other Than Legal Remuneration In Respect Of An Official Act 3. Taking Gratification For Exercise Of Personal Influence With Public Servant Investigation Into Case Under The Act 4. Sanction For Prosecution And Other Miscellaneous… Read More »

Book Divorce Act 1869 by Lawmann -2017 Edition

Divorce Act 1869 by Lawmann  -2017 Edition. Contents : 1. Matrimonial Jurisdiction of High Courts to be exercised subject to Act-Exception 2. Enforcement of decrees or orders made heretofore by Supreme Court or High Court 3. Pending Suits 4. Court to Act on Principles of English Divorce Court 5. Extraordinary Jurisdiction of High Court 6. Reference… Read More »

Book Law Relating to Cheating & Forgery (Lawmann) -2017 Edition -Namrata Shukla

Law Relating to Cheating & Forgery (Lawmann) -2017 Edition by Namrata Shukla Contents :– 1. Cheating and Forgery 2. Introduction Cheating Synopsis 3.Cheating by Personation synopsis 4. Punishment for Cheating Cheating with Knowledge that Wrongful Loss may Ensue to Person whose interest offender is bound to Protect 5. Punishment for Cheating by Personation 6. Cheating and… Read More »

Book Forest Act 1927 by Lawmaan’s -2017 Edition

Forest Act 1927 by Lawmaan’s -2017 Edition Contents : 1. Alongwith Forest (Conservation) Act 1980 2. Forest (Conservation0 Rules 2003 3. National Forest Policy 1988 4. Scheduled Tribes and Order Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 Price Rs 115. Click to buy online Paperback: 160 pages Publisher: Kamal Publishers; 2017 edition (2017) Click for… Read More »

Book Specific Relief Act 1963 (Lawmann’s) -2017 Edition

Specific Relief Act 1963 (Lawmann’s) Contents : 1. Recovering Possession Of Property 2. Specific Performance Of Contracts 3. Contracts Which Can Be Specifically Enforced 4. Contracts Which Cannot Be Specifically Enforced 5. Persons For Or Against Whom Contracts May be Specifically Enforced Discretion And Powers Of Court Enforcement Of Awards And Directions To Execute Settlements… Read More »

Book Unlawful Activities (Prevention) Act 1967 (Lawmann’s ) 2017 Edition

 Unlawful Activities (Prevention) Act 1967 (Lawmann’s ) 2017 Edition Contents : 1. Preliminary 2. Unlawful Associations 3. Offences and Penalties 4. Punishment for Terrorist Activities 5. Forfeiture of Proceeds of Terrorism or any Property Intended to be Used for Terrorism 6. Terrorist Organisations 7. Miscellaneous 8. PREVENTION OF TERRORISM ACT 2002 9. Preliminary 10. Punishment… Read More »

Book Explosive Act 1884 (Lawmann’s) 2017 Edition

Explosive Act 1884 (Lawmann’s) Contents : 1. Explosives Act 1884 2. Explosive Substances Act 1908 3. Ammonium Nitrate Rules 2012 4. Preliminary 5. General Provisions 6. Provisions from Manufacture Conversion 7. Possession 8. Sale and use of Ammonium Nitrate 9. Provisions for Import and Export of Ammonium Nitrate 10. Provision for Transport of Ammonium Nitrate… Read More »

IBBI recognises 2 Insolvency Professional Entities under Insolvency and Bankruptcy Code 2016

The Insolvency and Bankruptcy Board of India (IBBI) recognises two Insolvency Professional Entities (IPEs) under the Insolvency and Bankruptcy Code, 2016 (Code) The Code offers a market determined, time bound mechanism for orderly resolution of insolvency, wherever possible, and orderly exit, wherever required The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two… Read More »