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[To be published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i)] Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, 19th January, 2015 G.S.R. (E) .— In exercise of the powers conferred by the second proviso to sub-section (1), sub-section (4) and clause (f) of sub-section (6) of section 149, sub-sections … Read more
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the Iv 19th January, 2015 G.S.R. .(E) .— In exercise of the powers conferred under section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 … Read more
In last article we have studied the concept of residential status. Let’s now solve some problems for clarification of concepts. Problem No.1 Mr. Amar, Indian citizen left India first time on November 25, 2011 for meting his relatives outside India. During the calendar year 2012 he did not visit India. He finally came to India … Read more
The Institute of Chartered Accountants of India (ICAI) announced the results of Chartered Accountants Final Examination held in November, 2014. The details of percentage of candidates passed in the examination is given below: Examination Group No. of candidates appeared No. of candidates passed % of pass 36254 8.23 % 64972 23.41 % 66552 10.26 % The Institute of Chartered … Read more
RBI/2014-15/414DBR.Dir.BC.No.63/13.03.00/2014-15 January 19, 2015 All Scheduled Commercial Banks(Excluding RRBs) Dear Sir/Madam Interest Rates on Advances A reference is invited to our circulars DBOD.No.Dir.BC.88/13.03.00/2009-10 dated April 9, 2010 on ‘Guidelines on the Base Rate’ and DBOD.No.Dir.BC.47/13.03.00/ 2013-14 dated September 2, 2013 on ‘Base Rate- Revised Guidelines’. 2. Based on the recommendations of the Working Group on pricing of Credit (Chair: … Read more
As per section 128 (1), every company shall prepare and keep at its register office all the books of accounts and other relevant documents along with financial statement. If the Board of Directors decides by passing the resolution to keep all or any of the books of account at any other place in India other … Read more
MRPL/TENDERS/3300002743 DATE: 15.01.2015 TO Dear Sirs, SUBJECT: Hiring of internal Auditors for MRPL as per tender. A. MRPL, invites sealed tenders for the above jobs as follows: The Tender documents are available for sale as per the schedule/details. The interested parties are requested to submit the Tender fee through DD (non-refundable as indicated below). Sale … Read more
Levy of Income Tax of an assessee depends on his residential status as per Indian Income-tax Act, 1961. In the case of Indian citizen, whether an income earn by a person outside India, is taxable in India depends upon the residential status of the person in India. Similarly, whether an income earned by a foreign … Read more
To be published in the Gazette of India Extraordinary Part-II, Section -3, Sub Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Subject: Amendment in import policy conditions under ITC (HS) 4 digit code 8517. S.O. (E): In exercise of powers conferred by Section 3 of … Read more