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Commissioner of Income Tax Versus AKME Projects Ltd. - Income Tax - Case Laws

Commissioner of Income Tax Versus AKME Projects Ltd. - Income Tax - DELHI HIGH COURT - HC - Lack of proper investigation - Held that - The A.O. didnot examine the person who made the unsigned agreement...

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Gift from brother - Creditworthiness and genuineness of donor - The assessee...

Income Tax - Dated - 6-12-2013 - Gift from brother - Creditworthiness and genuineness of donor - The assessee could not produce the statement of cash flow to show that the gift was genuine one -...

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The Commissioner of Income Tax Versus M/s. Pushparthy Packs Pvt. Ltd. -...

The Commissioner of Income Tax Versus M/s. Pushparthy Packs Pvt. Ltd. - Income Tax - BOMBAY HIGH COURT - HC - Determination of accumulated profits - Deemed dividend - Whether depreciation is allowable...

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RBI Reference Rate for US and Euro

RBI Reference Rate for US and Euro - Dated - 6-12-2013 - The Reserve Bank of India s Reference Rate for the US dollar is Rs. 61.6673 and the Reference Rate for Euro is Rs. 84.2546 on December 6, 2013....

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First Edition of Handbook of Statistics on Central Government Debt Releasesd...

First Edition of Handbook of Statistics on Central Government Debt Releasesd Today by the Finance Ministry - Dated - 6-12-2013 - The Government has set-up a Middle Office (MO) in the Ministry of...

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Insurance Policies for Hiv/Aids Affected People

Insurance Policies for Hiv/Aids Affected People - Dated - 6-12-2013 - The Insurance Regulatory and Development Authority (IRDA) have issued a draft circular dated 11th October, 2013 to all the Life...

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IRDA Guidelines For Licences

IRDA Guidelines For Licences - Dated - 6-12-2013 - No guidelines have been issued by the Insurance Regulatory and Development Authority (IRDA) for up-gradation of direct broking licence to composite...

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Process to Constitute the 7th Central Pay Commission Along with Finalization...

Process to Constitute the 7th Central Pay Commission Along with Finalization of Its Terms of Reference, The Composition and Timeframe Initiated - Dated - 6-12-2013 - The Government has initiated the...

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New National Competition Policy

New National Competition Policy - Dated - 6-12-2013 - Formulation of a National Competition Policy is under consideration of the Government. Giving this information in written reply to a question in...

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Action Against Unlisted Companies Misusing The Private Placement Route to...

Action Against Unlisted Companies Misusing The Private Placement Route to Raise Funds - Dated - 6-12-2013 - Action against errant unlisted companies that misuse the private placement route to raise...

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Mandatory Cover for Public Deposits

Mandatory Cover for Public Deposits - Dated - 6-12-2013 - There is an enabling provision in Section 73 (2) (d) of the Companies Act whereby Companies permitted to accept deposits from the public will...

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Maximum Limit for Board Level Managerial Remuneration in the Corporate Sector

Maximum Limit for Board Level Managerial Remuneration in the Corporate Sector - Dated - 6-12-2013 - The maximum limit for Board level managerial remuneration in the Corporate Sector under the Companies...

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More Powers to the Competition Commission of India

More Powers to the Competition Commission of India - Dated - 6-12-2013 - The Competition (Amendment) Bill, 2012 introduced in the Lok Sabha inter-alia, proposes to enable Competition Commission of...

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Strengthening the Market Research and Analysis Unit of the Serious Fraud...

Strengthening the Market Research and Analysis Unit of the Serious Fraud Investigation Office - Dated - 6-12-2013 - Since 2009, a Market Research and Analysis Unit (MRAU) has been functioning in the...

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Complete Switchover to Online Mode for Registration and Enrolment at ICSI...

Complete Switchover to Online Mode for Registration and Enrolment at ICSI from 1.1.2014 - Dated - 6-12-2013 - The Institute of Company Secretaries of India (ICSI), functioning under the aegis of the...

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Investigation of Corporate Frauds by Serious Fraud Investigation Office

Investigation of Corporate Frauds by Serious Fraud Investigation Office - Dated - 6-12-2013 - During the last three years, the Ministry of Corporate Affairs has ordered investigations under section 235...

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Establishing A National Company Law Tribunal

Establishing A National Company Law Tribunal - Dated - 6-12-2013 - Detailed Rules and necessary arrangements are under preparation with respect to the establishment of a National Company Law Tribunal...

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Implementation of the New Company Law

Implementation of the New Company Law - Dated - 6-12-2013 - The Companies Act, 2013 has been assented to by the President of India on 29.08.2013 and published in the Official Gazette on 30.08.2013...

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Registration of One- Person Company

Registration of One- Person Company - Dated - 6-12-2013 - Draft Rules have been prepared with regard to One- Person Company registration system for small entrepreneurs and would be notified in due...

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Policy for Corporate Governance

Policy for Corporate Governance - Dated - 6-12-2013 - On account of increasing importance of businesses to the economics and complexities of operating in an inter-dependent world necessitated this...

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