UPDATES

1. Private company  to be small company  if  paid up capital upto 50 lakhs and (or earlier) turnover upto 2 crores. [Companies (Removal of Difficulties) Order, 2015 of  13-02-2015].
2. Email addresses in DSCs should be unique i.e. DSCs not to be issued to different persons on same email lD. CCA Order  of 23-01-2015. [FNo CCA/DC(T)/201 3-98/1294].
3. New upgraded and secure portal for E-Filing of applications for foreign direct investment launched by department of economic affairs, ministry of finance . The new website is http://fipb.gov.in.
4. Printing work is in the nature of works contract and value of ink and processing material is exigible to sales tax. [ Vibha Publications Pvt. Ltd. vs. Commissioner, Trade Tax, UP. Lucknow (2015 (2) TMI 431 – Allahabad High Court)].
5. Interest on delayed refund is permissible from expiry of 3 months from the date of filing of refund application and not from the date of refund order.  [ Tata Chemicals Ltd. vs. Commissioner of Central Excise, Rajkot].