Tag Archives: year

CBDT notifies new Safe Harbour Regime: Govt.

In order to reduce transfer pricing disputes, to provide certainty to taxpayers, to align safe harbour margins with industry standards and to enlarge the scope of safe harbour transactions, the Central Board of Direct Taxes (CBDT) has notified a new … Continue reading

Posted in Administrative Law, Company Law, customs law, General Law, Income Tax Law, International Law, Notifications/Publications/Circulars, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Parent lines of extant hybrid varieties not ‘novel’: DHC

The Delhi High Court recently ruled that the parent lines of the extant hybrid varieties cannot be considered as ‘novel’ plant varieties for the purposes of registration under the Protection of Plant Varieties and Farmers’ Rights Act. The Court said … Continue reading

Posted in Intellectual Property Law, International Law, patent, plant varieties Act | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Employment Authorization for Certain H-4 Dependent Spouses: USCIS

USCIS will start accepting Employment Authorization application for certain H-4 Dependent Spouses from May 26, 2015. http://goo.gl/Nn6lry

Posted in Administrative Law, Immigration, International Law, US Immigration Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Proviso to Sec 113 IT Act retrospective in nature: SC

In a very important ruling regarding levy of surcharge on block assessment of income, the Supreme Court of India ruled that the proviso to Section 113 of the Income Tax Act imposing surcharge shall not have a retrospective affect. “…….. … Continue reading

Posted in Banking Law, Income Tax Law, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CBDT lists procedures for mandatory scrutiny of cases

Central Board of Direct Taxes today announced procedure and criteria for mandatory scrutiny of cases. The following cases/returns shall be compulsorily scrutinized: (a) Cases where value of international transaction as defined u/s 92B of IT Act exceeds Rs. 15 crores. … Continue reading

Posted in Income Tax Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment