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Updates of the day....

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Updates Of the Day
1.ICAI Membership and COP Fee for the year 2015-2016 is payable on or before 30th September, 2015.
2.The Central Govt. has notified the Mines and minerals (contribution to district mineral foundation) rules, 2015, wef 12.01.2015.
3.Goods imported without valid licence liable to confiscation & redemption fine : Supreme Court : CCI, Raigad vs. Finacord chemcals (P) ltd.
4.Amended section 11B applicable in cases where implementation of order under un-amended section 11B is pending – CCE vs. Dalmia Cement (Bharat) Ltd.: Supreme Court of India.
5.Extended period invoked cannot be more than what is specified in Act– Dharampal Lalchand Chug vs CCE: Bombay High Court.
6.Disallowance u/s. 40(a) (ia) justified for deduction of TDS under wrong section : Kerala High Court : CIT vs. P V S Memorial Hospital Ltd.
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