{"id":2604,"date":"2016-12-23T13:16:53","date_gmt":"2016-12-23T13:16:53","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=2604"},"modified":"2021-07-14T11:59:00","modified_gmt":"2021-07-14T11:59:00","slug":"corporate-and-professional-update-dec-23-2016","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/corporate-and-professional-update-dec-23-2016\/","title":{"rendered":"CORPORATE AND PROFESSIONAL UPDATE DEC 23, 2016"},"content":{"rendered":"<h1><span style=\"color: #333399;\"><strong>Today Update:<\/strong><\/span><\/h1>\n<figure id=\"attachment_2605\" aria-describedby=\"caption-attachment-2605\" style=\"width: 488px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/12\/cloud-computing-750x422.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2605\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/12\/cloud-computing-750x422-300x169.jpg\" alt=\"www.caindelhiindia.com; Corporate updates\" width=\"488\" height=\"275\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/12\/cloud-computing-750x422-300x169.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/12\/cloud-computing-750x422.jpg 750w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/><\/a><figcaption id=\"caption-attachment-2605\" class=\"wp-caption-text\">www.caindelhiindia.com; Corporate updates<\/figcaption><\/figure>\n<p><strong><span style=\"text-decoration: underline;\">DIRECT TAX:-<\/span><\/strong><\/p>\n<ul>\n<li>Kerala High Court has held that Cross Objection filed before the Tribunal u\/s 253(4) is an independent appeal and shall be adjudicated on merits even if the other party\u2019s appeal is dismissed, for whatever reason.\u00a0[City Centre Builders &amp; Developers Vs ITAT Cochin &amp; Others]<\/li>\n<li>C K Ahuja Vs CIT Whether when an assessee is having other sources of income and termination of a contract is a normal incident of his business, then the compensation received on such cancellation could be construed as a capital receipt &#8211; NO: HC &#8211; Assessee&#8217;s appeal dismissed: ALLAHABAD HIGH COURT.<\/li>\n<\/ul>\n<p><strong><span style=\"text-decoration: underline;\">Indirect Tax:-<\/span><\/strong><\/p>\n<ul>\n<li>Nestle India Ltd Vs CC &amp; CE CX &#8211; Input Service Distributor &#8211; CENVAT &#8211; In the absence of any provision requiring one to one co-relation, even though the service is not used in the appellants&#8217; factory but received and used in the different factory of the same company, credit cannot be denied: CESTAT Appeal allowed: MUMBAI CESTAT.<\/li>\n<\/ul>\n<p><strong><span style=\"text-decoration: underline;\">GST Update:-<\/span><\/strong><\/p>\n<ul>\n<li>Migration\/Enrolment under GST for existing assessments is for a specified LIMITED time period. Please act now as GSTN will close this window soon.<\/li>\n<\/ul>\n<p><strong><span style=\"text-decoration: underline;\">Other Update:-<\/span><\/strong><\/p>\n<ul>\n<li>SEBI observes that it has issued various circulars\/directions relating to Depositories from time to time; With an objective to enable the users to have access.<\/li>\n<\/ul>\n<p><strong><span style=\"text-decoration: underline;\">Key Dates:-<\/span><\/strong><\/p>\n<ul>\n<li>Payment of TDS for purchase of property for Nov: 12.2016<\/li>\n<\/ul>\n<p>&#8220;I don&#8217;t want to get to the end of my life and find that I lived just the length of it. I want to have lived the width of it as well.&#8221;<\/p>\n<p>We look forward to your valuable comments.\u00a0 <a href=\"https:\/\/www.caindelhiindia.com\">www.caindelhiindia.com<\/a><\/p>\n<p>FOR FURTHER QUERIES CONTACT US:<\/p>\n<p>W:\u00a0<a href=\"https:\/\/www.caindelhiindia.com\">www.caindelhiindia.com<\/a> \u00a0\u00a0 \u00a0E: info@caindelhiindia.com \u00a0 T: 011-233-4-3333, 9-555-555-480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today Update: DIRECT TAX:- Kerala High Court has held that Cross Objection filed before the Tribunal u\/s 253(4) is an independent appeal and shall be adjudicated on merits even if the other party\u2019s appeal is dismissed, for whatever reason.\u00a0[City Centre Builders &amp; Developers Vs ITAT Cochin &amp; Others] C K Ahuja Vs CIT Whether when &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[642,21,20,647,173,144,142,146],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2604"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=2604"}],"version-history":[{"count":3,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2604\/revisions"}],"predecessor-version":[{"id":2749,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2604\/revisions\/2749"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=2604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=2604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=2604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}