Companies Law
1.
F. No. A-42011/112/2014-Ad.ll - dated - 24-3-2015 - Co. Law
Summary : The Government of India, through the Ministry of Corporate Affairs, has appointed Registrars of Companies (RoCs) as adjudicating officers under Section 454 of the Companies Act, 2013. This notification specifies the jurisdiction of each RoC across various states and union territories, including Delhi, Haryana, Punjab, Uttar Pradesh, West Bengal, Tamil Nadu, Kerala, Maharashtra, Gujarat, and others. Appeals related to these adjudications are to be filed with the respective Regional Director. The notification is effective immediately and aims to streamline the adjudication process under the Companies Act.
Customs
2.
13/2015 - dated - 30-3-2015 - Cus
Summary : The Indian government has issued Notification No. 13/2015-Customs, dated March 30, 2015, to amend Notification No. 69/2011-Customs. This amendment introduces the next set of tariff concessions under the India-Japan Comprehensive Economic Partnership Agreement (CEPA), effective from April 1, 2015. The notification details specific tariff rates for various goods, categorized by chapters, headings, sub-headings, or tariff items, with rates ranging from 0% to 54.5%. This amendment aims to facilitate trade between India and Japan by reducing customs duties on a wide range of goods.
Income Tax
3.
01/2015 - S.O. 812(E) - dated - 20-3-2015 - IT
Summary : The Central Government has announced the establishment of two additional benches for the Authority for Advance Rulings (Income Tax) under the powers granted by the Income Tax Act, 1961, the Finance Act, 1992, and the Finance (No. 2) Act, 2014. These new benches will be located in the National Capital Region (NCR) and Mumbai. The notification was issued by the Ministry of Finance, Department of Revenue, and will take effect from the date it is published in the Gazette of India (Extraordinary).
4.
33/2015 - dated - 6-1-2015 - IT
Summary : The Government of India has extended the eligibility of the "Visamo Kids Foundation" project under Section 35AC of the Income-tax Act, 1961, for an additional three years, covering the financial years 2013-14 to 2015-16. The project's cost has been increased from 38.58 lakh to 1.97 crore. However, no tax exemption will be available for the financial year 2013-14 as it has already passed. This extension and cost amendment were recommended by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.
5.
32/2015 - dated - 6-1-2015 - IT
Summary : The Central Government has extended the eligibility of the project "Equipments and running of Polio Hospital at Ahmedabad, Gujarat," managed by a charitable trust, as an eligible project under Section 35AC of the Income-tax Act, 1961. Initially notified in 1996, the project has been repeatedly extended, with the latest extension covering the financial years 2014-15 to 2016-17. The project's estimated cost has been increased from Rs. 7.55 crore to Rs. 13.55 crore, following recommendations from the National Committee for Promotion of Social and Economic Welfare, due to the project's expected continuation beyond eighteen years.
6.
31/2015 - dated - 6-1-2015 - IT
Summary : The Central Government has extended the eligibility of the "Income Generate programme for SC, ST & rural poor (BPL), women's and literacy awareness for rural dropout children and neo-literate women" conducted by an educational institution in Madhya Pradesh. Initially approved for three years ending in the 2012-13 financial year with an estimated cost of 1.96 crore, the project is now extended for an additional three years, covering 2013-14 to 2015-16. However, no tax exemption under Section 35AC will be available for the financial year 2013-14, as it has already lapsed.
7.
30/2015 - dated - 6-1-2015 - IT
Summary : The Central Government has extended the eligibility of a project by an organization in Rajasthan, which provides artificial limbs, rehabilitation aids, and support to disabled individuals, for another three years starting from the financial year 2014-15. Initially notified in 1999, the project has undergone several extensions and cost revisions. The estimated cost has been increased from 23.00 crore to 35.45 crore. The National Committee for the Promotion of Social and Economic Welfare recommended this extension, confirming the project's proper execution. The notification amends prior cost limits under Section 35AC of the Income-tax Act, 1961.
8.
29/2015 - dated - 6-1-2015 - IT
Summary : The Central Government has extended the eligibility of the project "Mid day meal semi automated kitchen and upgrading of kitchens" by Ekta Shakti Foundation, New Delhi, under Section 35AC of the Income-tax Act, 1961. Initially approved in 2011 for three years at an estimated cost of 11.68 crore, the project is now extended for an additional three years, covering financial years 2014-15 to 2016-17. This decision follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.
TaxTMI 
https://www.taxtmi.com/ne...
TaxTMI 
