eMinds Legal Advocates & Solicitors
eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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Jurisdiction for Appeals matters
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : NEW DELHI (HUMAN RESOURCE BRANCH) F. III/3/DT&T/Misc./2000/Estt./407-412 Dated : 30/03/2013 ORDER In supersession of all previous orders, the work related to the Appeals under the DST and CST Act and Rules is proposed as under with immediate effect :- S.… Read More
Non-Compete Fee is not eligible for depreciation or amortisation over non-compete period
Ratio Decidendi: Non-Compete Fee, paid to the seller on acquisition of their business , is not eligible for depreciation or amortisation over the non-compete period, as done when calculating revenue deduction. CLR Editorial Note: The assessee and subsequent appellant acquired the glass manufacturing business from Piramal Enterprises Ltd. and entered into a non-compete agreement with them for… Read More
Punjab VAT :: Amendments towards implementation of E-trip in Punjab
Punjab VAT Act, 2005 has been amended empowering the Excise & Taxation Commissioner, Punjab to implement electronic governance for carrying out various provisions of the Act. This may be a step towards implementation of E-Trip in Punjab. A new Section 3-A under the Punjab VAT Act, 2005 has been inserted which runs as follows: 3-A:… Read More
Mahrashtra Tax Laws (Levy & Amendment Act) 2013 – Changes in MVAT and other Laws
Notification to amend the MVAT and other laws L.A. Bill No. XI of 2013 to amend certain tax laws in operation in the State of Maharashtra published. Major changes in MVAT laws are as follows - Single revised return for the year provided in case of revision as per the audit report u/s 61 or… Read More
Double Taxation Agreement between India & Gibraltar
SECTION 90 OF THE INCOME-TAX ACT, 1961 DOUBLE TAXATION AGREEMENT AGREEMENT FOR EXCHANGE OF INFORMATION WITH RESPECT TO TAXES WITH FOREIGN COUNTRIES GIBRALTAR NOTIFICATION NO. 28/2013[F.NO.503/11/2009-FTD-I], DATED 1-4-2013 Whereas, an Agreement between the Government of the Republic of India and the Government of Gibraltar for the Exchange of Information with respect to taxes was signed… Read More
Visa on Arrival Scheme Registers A Growth of 63 Percent
The Visa on Arrival (VOA) scheme of the Government for foreign tourists registered a growth of 63% during March, 2013. During the month, a total number of 2,107 VoAs were issued as compared to 1,287 VoAs issued during March, 2012. The following are the other important highlights of VoAs issued during March, 2013: (i) During… Read More
Ministry of Statistics and Programme’s Statement on Industrial Production Index
Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics & Programme Implementation announced the release of the monthly Quick Estimates of Index of Industrial Production (IIP) for the month of February 2013 compiled by the Central Statistics Office. The index is a composite indicator that measures the short term changes in the… Read More
Ministry of Statistics and Programme Statement on Consumer Price Index
Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for March 2013, compiled by the Central Statistics Office. Final CPI numbers for the month of February 2013 have also been… Read More
First Interoperable RFID Technology Based Electronic Tolling System Launched
Dr. C P Joshi Rolls Out Electronic Toll Collection on Vadodara Mumbai Section of NH-8 Dr. C P Joshi, the Union Minister for Road Transport and Highways dedicated to the Nation today, the first interoperable Radio Frequency Identification Device (RFID) technology based Electronic Tolling System at Charoti Toll Plaza, Dahanu in Thane District, Maharashtra. The… Read More
Global crude oil price of Indian Basket declines
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell sharply to US$ 103.17/barrel (bbl) on 11.04.2013. This was lower than the price of US$ 104.02/bbl prevailing on the previous trading day of 10.04.2013. In rupee terms also,… Read More
CLR Snippets :: Judges Appointed to The High Court of Judicature at Allahabad
In exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India, the President has appointed (i) Shri Rakesh Srivastava, (ii) Shri Surya Prakash Kesarwani, (iii) Shri Vipin Sinha, (iv) Shri Karuna Nand Bajpayee, (v) Shri Manoj Kumar Gupta and (vi) Shri Anjani Kumar Mishra as Additional Judges of the… Read More
Ministry of I&B Monitoring Digital Switch Over in 38 Cities
Ministry of I&B Monitoring Digital Switch Over in 38 Cities ; 15 Cities Achieve Nearly 100 % Digitization ; 85% Digitization Target Achieved during Phase II of Das The Ministry of Information and Broadcasting has been consistently monitoring the progress made regarding the switch over of Analogue Cable Television signals to Digital mode as part of Digitization… Read More
Second Inter Governmental Consultations Between India and Germany Held
MoU for Cooperation in the Field of Higher Education Signed Between India and Germany Two MoUs were signed between India and Germany yesterday - a Memorandum of Understanding (MoU) for cooperation in the field of Higher Education and a Joint Declaration of Intent (JDI) regarding Promotion of German as a Foreign Language in India. The… Read More
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