- Revised e-form AOC-4 (XBRL) after including mandatory CSR/CARO related details with updated C&I Taxonomy is likely to be available on MCA portal in Sep 2016.
- MCA21 Portal to be unavailable tomorrow 06.08.2016 (Saturday) from 8:00 am to 6:00 pm IST. Stakeholders are requested to plan accordingly.
- RBI, on Thursday, launched a website named “Sachet” where information regarding entities that are allowed to accept deposits, lodge complaints, and share information regarding illegal acceptance of deposits by unscrupulous entities can be obtained.
- Furnace oil can be used as processing materials or consumable stores for captive generation of power. [Wockhart Ltd. vs. Sales Tax Officer- 2016 (8) TMI 134 – Gujarat High Court].
- Roads and boundaries, railway sidings, jetty pire, bouys, mooring and navigation structure can be considered as plant and machinery for the purpose of granting of depreciation under Sec. 32. Commissioner of Income Tax vs. Kandla Port Trust - 2016 (8) TMI 111 – Gujarat High Court].
- Technical Inspection and Certification Service of seeds is not a sovereign function and the respondents are liable to pay service tax. [CCE, Rohtak vs. Haryana State Seed Certification Agency - 2016 (8) TMI 147 - CESTAT Chandigarh]
COMMITTED FOR THE GROWTH OF BUDDING PROFESSIONALS
Saturday 6 August 2016
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