Dear Friends, I recently launched a website all new updates will be given to you now on this website only those who are existing subscriber to are requested to visit to suscribe to

Apr 28, 2013

AICTE approval not required for University-approved MBA – SC

AICTE approval not required for University-approved MBA – SC

Posted: 27 Apr 2013 08:02 PM PDT

SC has recently held in the case of  Association Of Management Of Private Colleges Vs. All India Council For Technical Education & Ors. -CIVIL APPEAL NO. 1145 OF 2004 – Order Dated 25.04.2013 that  MBA programmes can't be defined as technical programmes and the AICTE is not authorized to...

List of 141 ITOs Selected For Appointment As ACIT

Posted: 27 Apr 2013 07:47 PM PDT

Vide letter dated 27.04.2013 the CBDT has informed the names of 141 Income Tax Officers who are to be appointed in the grade of Assistant Commissioner of Income-tax (ACIT) in the pay scale of Rs. 15,600 – 39,100 (plus grade pay of Rs. 5,400 in Pay Band -3). Download  CBDT letter dated. 27.04.2013

Loss due to Confiscation of stock by Customs is allowable

Posted: 27 Apr 2013 08:12 AM PDT

the facts of the case are that the assessee is a jeweller and it is in this business for the last number of years. There was a search at the assessee's premises by the DRI on 13th Feb., 1993 in which they found that the assessee had purchased silver weighing 1,913.295 kgs. and the same [...]

Six Month Time limit for disposal of trust registration application is directory

Posted: 27 Apr 2013 07:40 AM PDT

Period of six months as provided in Sub-section (2) of Section 12AA is not mandatory. Though the word 'shall' has been used but it is well known that to ascertain whether a provision is mandatory or not, the expression 'shall' is not always decisive. It is also well known...

Surrender after detection of incriminating material with regard to income so surrendered is not voluntary

Posted: 27 Apr 2013 07:25 AM PDT

Voluntarily means out of free will without any compulsion. When the assessee concealed incriminating material in the form of transactions in the aforesaid account of the two parties, surrender cannot held to be voluntarily. Surrender of income after the department has collected incriminating...

Revision of Return on cancellation of Incentive Shceme by Government is valid

Posted: 26 Apr 2013 09:52 PM PDT

Assessee is a limited company. The Government of Gujarat floated Sale Tax Deferment Scheme. For facilitating the industrial units to avail such benefit of the Sale Tax Incentive Scheme in the State, pari passu charge was to be created in favour of the Sales Tax Department, as decided by the...

HC recommends US-like 'restatement of law' to consign a large body of useless case law to dustbin of legal history

Posted: 26 Apr 2013 11:46 AM PDT

We would just like to point out some observations by a prominent lawyer Shri Fali S Nariman in his book 'India's legal system: Can it be saved?' At page 144, he observes: 'We are overburdened with excessive case law and this is positively on the deficit side in our quest for...

No comments:

Post a Comment