S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th December 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th December 2016 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th December …
I. Introduction: Whistle Blowing is nothing but calling the attention of top level management to some malafide activities happening within an organization. A whistle blower may be an employee, former employee or member of an organization, a government agency, who have willingness to take corrective action on the misconduct. As per Section 177 of the …
Open Offer under Takeover Code once made, cannot be withdrawn without any proper justification Parties Pramod Jain and Others (Appellant(s)) Vs. Securities Exchange Board of India. (Respondent(s)) Citation Civil Appeal No. 9103 of 2014 Court Supreme Court of India FACTS: Mr. Pramod Jain and Pranidhi Holdings Private Limited (‘Acquirers’) along with J.P. Financial Services Private …
S. No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th November 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th November 2016 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th …
SPICe – Simplified Proforma for Incorporating Company Electronically Ministry of Corporate Affairs (MCA) has recently introduced SPICe Form INC-32 which is a Simplified Proforma for Incorporating Company Electronically through Companies (Incorporation) Fourth Amendment Rules, 2016. SPICe or Form INC-32 can help incorporate a company with a single application for: reservation of name incorporation of a …
SPICe–INC-32 Simple Form for Incorporating Company Read More »
The inclusion of independent directors on the Board of Directors is considered integral to the corporate governance framework. In India, most of the companies are closely held by promoter groups from the same family. The average promoter shareholding in BSE 500 companies is estimated to be over 50%. Hence, in order to counter the dominance …
Independent Directors – Analyzing their role and Independence Read More »
Dear Friends, “Surgical Strikes” off late has become a common word heard everywhere from print, electronic media to social media. Initially, popularised due to the Indian Military attacks against suspected militants in Pakistan-administered Kashmir waiting across the borders to infiltrate into India to cause damage to the country. Later, this word became more popular with …
R & A Associates celebrated its 20th Foundation Day on October 22, 2016. This milestone event was celebrated with great fervor and enthusiasm by Team R & A in the presence of all their family members. The event was a great success with some enthralling dance performances by the very young boys and girls of …
Dear Friends, I am happy to share few of my thoughts on diverse subjects. Global Competitive Index India climbed 16 places more this year in World Economic Forum’s Competitive Rankings and ranked as 39 out of 138 countries rated (from 55th place post jumping 16 places in 2015). The ranking is based on 12 parameters …
I. INTRODUCTION: As per the Black’s Law Dictionary, to “Compound” means “to settle a matter by a money payment, in lieu of other liability.” This meaning clearly defines the concept of Compounding as a mechanism that provides the offender an opportunity to avoid prosecution from the offence committed by him after paying off monitory payment. …
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