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  • Latest Update Related To Immigration Form:

    Indian citizens to fill immigration form when they fly out and not when they return from abroad. Others to fill new detailed customs form on arrival w.e.f 01-01-2014.

    CBEC through Notification No. 16\2013-ST dated 22-11-2013 amended sub-rule (2) of rule 6 of Service Tax Rules, 1994 w.e.f. 01-01-2014 and accordingly all the assessees who paid service tax of Rs. One Lakh or more (including the amount paid by utilization of Cenvat Credit) in the preceding financial year are required to deposit service tax electronically through internet banking.

    High Court has power to hear the appeal on questions not formulated at the stage of admission of the appeal under Section 260A(4) of the Income Tax Act. [CIT Vs Mastek Limited (Supreme Court)]

    As per the proviso to clause 132(4)(a) of Companies Bill, 2012, once the matter will be taken by NFRA, ICAI or any other body will have no say in it . This shows that ICAI will be treated as non-existent during the investigation and CA members will be at the sole mercy of the NFRA members.

    As per the proviso to clause 132(4)(a) of Companies Bill, 2012, once the matter will be taken by NFRA, ICAI or any other body will have no say in it . This shows that ICAI will be treated as non-existent during the investigation and CA members will be at the sole mercy of the NFRA members.

    Supreme Court has dismissed the revenue appeal in which the Allahabad High Court had confirmed the ITAT stand of quashing the assessment order on the ground that the assessment order in the name of individuals could not be made when the warrant of authorisation was issued in the joint names.
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