Daily Archives: April 4, 2016

Order against dead person is nullity

By | April 4, 2016

Facts of the case For the assessment year 2009-10, the assessee’s case processed under scrutiny assessment  u/s 143(2). Thereafter, the Assessing Officer passed an order dated 23.6.2011, recomputing the income and ultimately arriving at the conclusion that an amount of Rs.57,162/- was due as refund by the Department to the assessee The assessee  died on 13.6.2013. The Commissioner… Read More »

No Demand from deductor , if Deductee paid Taxes

By | April 4, 2016

Facts of the case Petitioner had not deducted income tax, at source, on the payments made to Bihar Rajya Pul Nirman Nigam Limited and Bihar State Road Development Corporation Limited ((hereinafter referred to as ‘the Corporations’) for the period 2012-13, 2013-14 and 2014-15 and, therefore, raised a demand of Rs. 4,07,33,189/-, Rs.50,99,60,809/- and Rs.63,51,95,228/- for… Read More »

Finacle commands for Bank Audit

By | April 4, 2016

Finacle commands Selective Finacle menu options / Finacle commands for your ready reference.Few commands vary from Bank to Bank but most of them are common to all Banks using Finacle as their as their CBS application SL COMMANDS/MENUS Function of the Finacle Menu 1. AALI A/c Abnormal Limits/Details Inquiry 2. ABMR Report of Accounts Below… Read More »

Hazardous Waste Management Rules 2016 Features

By | April 4, 2016

ENVIRONMENT MINISTRY NOTIFIES HAZARDOUS WASTE  MANAGEMENT RULES, 2016 ‘NEW HAZARDOUS WASTE RULES WILL ENSURE RESOURCE RECOVERY  AND DISPOSAL OF HAZARDOUS WASTE IN  ENVIRONMENTALLY SOUND MANNER’: JAVADEKAR “The new Hazardous Waste Management Rules will ensure resource recovery and disposal of hazardous waste in environmentally sound manner. The Rules are environment and industry- friendly. The provisions of… Read More »