Taxability of a revocable transfer as deemed gift u/s 4(1)(c) of the Gift-tax Act

CLR Editorial Notes: In this case, it was noted that the assessee owned 6000 shares of a certain company. In the year 1982, he executed a deed of revocable transfer of shares in favour of another person. In this deed the assessee was permitted to exercise the power of revoking the gift, after completion of 74… Read More

Features of New DVAT Forms 16 & 17 w.e.f. 1st April 2013

Return forms in Form DVAT 16 (for normal dealers) and Form DVAT 17 (for composition dealers) have been substituted with effect from 30.03.2013 vide notification no. F.3(15)/Fin.(RevI)/201213/dsvi/264 dated 30.03.2013. Both these returns, along with its annexures, shall be filed online on the website of the DVAT Department. Presently, the dealer is also required to file… Read More

Customs Anti Dumping Duty Notification on Plain Gypsum Plaster Boards

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 6/2013-Customs (ADD) New Delhi, 12th April, 2013 G.S.R.     (E)- Whereas in the matter of imports of Plain Gypsum Plaster Boards of all thicknesses and dimensions, (hereinafter referred to as the subject… Read More

Perspectives on Housing Finance in India

(Remarks by Shri Deepak Mohanty, Executive Director, Reserve Bank of India, at the International Conference on Housing: An Engine for Inclusive Growth organized by the National Housing Bank at New Delhi on April 12, 2013) I thank Mr. R.V. Verma, Chairman and Managing Director, National Housing Bank (NHB) for the opportunity to be a part… Read More

Inter-Ministerial Committee to promote India as a Filming Destination

I & B Ministry constitutes an Inter-Ministerial Committee on Promotion and Facilitation of Film Production in India Committee expected to promote India as a Filming Destination In order to enhance the possibility of India emerging as a major International Filming Destination, the Ministry of Information & Broadcasting has been contemplating since sometime to put in… Read More

Chief Ministers conference on Administrative Reforms Commission

Chief Ministers™ Conference on 5TH Report on ˜Public Order™ of 2nd Administrative Reform Commission Held A conference of Chief Ministers, held here today on the 5th Report on ˜Public Order™ of the 2nd Administrative Reforms Commission (ARC), was attended by the Chief Ministers and Home Ministers of the States and Lt.Governors & Administrators of Union… Read More

DTAA protocol signed between India and Malta

An Agreement (DTAA) and Protocol Signed Between India and Malta for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income The Double Taxation Avoidance Agreement (DTAA) and the Protocol between the Republic of India and Malta for the avoidance of double taxation and for the prevention of fiscal… Read More

MCA for Strengthening Bilateral Relations with Sweden

Shri Sachin Pilot Meets Swedish Ministers to Further Strengthen Bilateral Relations between India and Sweden Shri Sachin Pilot, Minister for Corporate Affairs, during his three day official visit to Sweden last week had a meeting with the Foreign Minister of Sweden, Shri Carl Bildt and Swedish Minister for Financial Markets, Shri Peter Norman. On Saturday… Read More

Conference Alert :: Program on Contract Labour (Regulation & Abolition) Act, Pune, April 17

Please send your reply on seminar@satvam.com or seminar@satvamindia.com Program on Contract Labour (Regulation & Abolition) Act Date & Time : Wednesday, April 17, 2013 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : The Coronet Hotel, Apte Road, Deccan Gymkhana, Pune 411 004 (Opp. Santosh Bakery) Benefits/ learning objectives: In… Read More

India & Germany to co-operate in the field of Higher education

Germany and India have agreed for Strategic partnership in higher education. The Jointly funded programme aims to intensify existing partnerships in higher Education. The programme will focus on establishing joint research projects that will include joint supervision as well as student and academic exchanges. Germany is cooperating with Ministry of Human Resources Development and the… Read More

Russia Key Partner in National Manufacturing Policy

Russia to be Key Partner in Upcoming NMIZS Anand Sharma Discusses Key Projects with Russian Counterparts Russia will be a key partner in upcoming industrial townships under National Manufacturing Policy. The Union Minster of Commerce Industry and Textiles who met his counterpart Mr. Denis v. Manturov, Minister of Industry and Trade, Russian Federation and Mr.… Read More

MoC to review progress of India-EU BTIA

Anand Sharma to Review India EU BTIA at Ministerial in Brussels Tomorrow The Union Minister of Commerce, Industry and Textiles, Shri Anand Sharma will review the progress of India-EU BTIA at a Ministerial with his EU counterpart Trade Commissioner Karel de Gucht at Brussels tomorrow. The meeting assumes special significance as negotiations are poised at… Read More

Public Interest Litigation – An Analysis

By Manisha Sahu Student of LL.M 1st  Year , RML NLU, Lucknow Public-Interest Litigation is a creation of Judiciary. It is a Litigation for the protection of the public interest. In the words of some learned people we can say that public interest litigation in a litigation which can be file in any court of… Read More

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