Daily Archives: July 16, 2016

Book on Companies Act 2013 with Rules & Forms ( 2017 Edition)

By | July 16, 2016

Book on Companies Act 2013 1.Companies Act with Rules & Forms (January 2017 Edition) This Book on Companies Act 2013 Incorporates: Annotated Text of Companies Act 2016, Rules Framed Under Companies Act 2013, Forms prescribed under Companies Act 2013, Circulars & Notifications Issued under Companies Act 2013 as well as New SS-1 & SS-2, Annotation… Read More »

segmental data : Cross-examining comparable companies’ personnel

By | July 16, 2016

The Transfer Pricing Officer used “segmental data” from several companies—data that did not form part of these companies’ audited accounts—in determining the arms’ length price. The taxpayer was not provided an opportunity to cross-examine the comparable companies’ authorised personnel who had provided the segmental data. The High Court found that in light of the tax… Read More »

Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations

By | July 16, 2016

Source : SEBI Circular No. CIR/MRD/DRMNP/65/2016 Dated: July 15, 2016 To All recognized Clearing Corporations Dear Sir / Madam, Sub: Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations 1) Currently, Fixed Deposit Receipts of banks are accepted by Clearing Corporations as eligible collateral from the participants. 2) It is observed that some banks who… Read More »

UAN on claim forms ; Relaxation in the instructions

By | July 16, 2016

Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066 Telephone : 01126172668 Fax : 01126105549 No.Coord./40(24)2010/DPG Review Meeting/10215 Dated: 13.07.2016 To, To, All Addl. CPFCs (Zones), All Regional P.F.Commissioners – I & II In-charge of Regional/Sub Regional Offices. Subject:-… Read More »

Govt. ready to appoint Independent regulators for ICAI, ICSI and MCI

By | July 16, 2016

In order to improve standards of professions, the Central Government has planned to appoint regulators for the Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India, Medical Council of India (MCI) and other professional bodies. Key points of this development are as follows:   1. The Ministry of Commerce is working… Read More »