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Dec 27, 2012

Norms for listing of Stay and Appeals before CESTAT

Norms for listing of Stay and Appeals before CESTAT

Posted: 26 Dec 2012 07:36 PM PST

The Hon'ble Vice President, CESTAT has ordered as under:- 1. Hence forth appeals and stay applications are to be listed in the cause list chronologically age-wise. 2. Assistant Registrars of the concern Benches will ensure that at least 20 stay applications and 15 regular matters are listed in...

Taxability of Gifts received from Relatives & Non Relatives

Posted: 26 Dec 2012 07:08 AM PST

If you receive a gift from any of your relatives or friends for Christmas or New Year or Pongal or any festival, worth more than Rs. 50000, as per income tax laws, it may be taxable income on your hands in certain situations.

New Company Law in the Making

Posted: 26 Dec 2012 06:59 AM PST

Very soon, companies in India shall be governed by a new piece of legislation to be known as Companies Act, 2013 which shall replace the longest legislation of the country, the Companies Act, 1956 which is now over 56 years old.

HC upheld Sacking of IPS officer for being 'habitually in debt'

Posted: 25 Dec 2012 08:50 PM PST

The Delhi High Court has upheld the dismissal of a 1973-batch IPS officer on the ground of misconduct and for being habitually in debt as he did not repay after taking loans from various banks.

Due Date for Filing Cost Audit Report in XBRL mode extended to January 31, 2013

Posted: 25 Dec 2012 08:22 PM PST

As per General Circular number 43/2012 dated 26.12.2012, time limit to file Cost Audit Report and Compliance Report for the year 2011-12 [including the overdue reports relating to any previous year(s)] in XBRL mode, without any penalty has been extended upto January 31, 2013 or within 180 days from...

Extension of Last date for Filing of Cost Audit and Compliance Report in XBRL mode

Posted: 25 Dec 2012 08:18 PM PST

Keeping in view of the ongoing requests from different quarters, MCA has extended the date of filing of Cost Compliance Reports and Cost Audit Reports upto 31st Jan 2013 vide General Circular No. 43/2012 dated 26 dec 2012.

Anti-dumping duty on the import of Phthalic Anhydride Korea RP, Taiwan and Israel

Posted: 24 Dec 2012 06:34 PM PST

Notification No.58/2012-Customs (ADD)  New Delhi, the 24th December, 2012             G.S.R. _(E). –WHEREAS  in the matter of Phthalic Anhydride (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating...

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