Month: September 2015

Highlights of Companies (Amendment)Act, 2015

The government has notified amendments to the Companies Act, Comprar Bikini Calvin Klein which makes it easier to do business and provides for stricter penalties for fraud cases. The amendments, which were passed by Parliament earlier this month, have been made to the Companies Act, 2013, mainly to deal with…
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Accounting Standard (AS) 16 Borrowing Costs

Accounting Standard (AS) 16 Borrowing Costs Objective The objective of this Standard is to prescribe the accounting treatment for borrowing costs. Scope This Standard should be applied in accounting for borrowing costs. This Standard does not deal with the actual or imputed cost of owners’ equity, including preference share capital…
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Direct Tax Recent Case Laws and Judgements

Supreme Court / High Courts Ss. Tangas Calvin Klein Baratos 22, 28 Business income from letting of premises to be taxed as business income The appellant-assessee is a company incorporated under the Indian Companies Act with its main objective, as stated in the Memorandum of Association, is to acquire the…
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Income Tax

High Level Committee To Probe MAT Taxation Of Foreign Companies & FIIs Formed The Ministry of Finance has issued a press release stating that a High Level Committee (HLC) Headed by Justice A.P. Shah on Direct Tax Matters has been constituted. T Shirt Dsquared Pas Cher The Committee consists of…
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Companies Act 2013 Updates

Hon’ble Supreme Court confirms the Constitution of NCLT and NCLAT under Companies Act, Boxer Calvin Klein Baratos 2013 Supreme Court decided following issues : (i) Challenge to the validity of the constitution of NCLT and NCLAT; (ii) Challenge to the prescription of qualifications including term of their office and salary…
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Goods and Services Tax (GST) Vs Present Structure of Indirect Taxation

Present Structure of Indirect Taxation Vs Goods and Services Tax (GST) “A Comparative Analysis”   Sr.No Concerned Areas Present Taxation System GST 1 Structural Difference a)Two separate VAT System i) State http://www.viagragenericoes24.com/viagra-alternativas VAT ii) CST b) Tax on services is levied by Centre under separate Legislation. c)No Comprehensive Taxation of…
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Amendment to Prevention of Money Laundering (Maintenance of Records) Rules, 2005 – additional documents for the limited purpose of ‘proof of address’

RBI/2014-15/633 DBR. Slip Calvin Klein Baratos AML.BC. Calvin Klein Boxer Baratos Calzoncillos Calvin Klein Baratos No.104/14.01.001/2014-15 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All…
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RBI and FEMA

  Foreign Direct Investment (FDI) – Reporting under FDI Scheme on the e-Biz platform Attention of Authorised Dealers Category-I (AD Category – I) banks is invited to the provisions of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations 2000, notified by the…
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