{"id":661,"date":"2015-12-09T07:09:18","date_gmt":"2015-12-09T07:09:18","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=661"},"modified":"2021-07-14T11:47:45","modified_gmt":"2021-07-14T11:47:45","slug":"corporate-and-professional-update-december-4-2015","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/corporate-and-professional-update-december-4-2015\/","title":{"rendered":"CORPORATE AND PROFESSIONAL UPDATE ON DECEMBER 4, 2015"},"content":{"rendered":"<h3 style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong>CORPORATE AND PROFESSIONAL UPDATE ON DECEMBER 4, 2015<\/strong><\/span><\/h3>\n<figure id=\"attachment_3146\" aria-describedby=\"caption-attachment-3146\" style=\"width: 602px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Business-Assets-Valuation.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3146\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Business-Assets-Valuation.jpg\" alt=\"www.caindelhiindia.com; Business Assets Valuation\" width=\"602\" height=\"365\" \/><\/a><figcaption id=\"caption-attachment-3146\" class=\"wp-caption-text\">www.caindelhiindia.com; Business Assets Valuation<\/figcaption><\/figure>\n<p><span style=\"color: #0000ff;\"><strong>Income\u2013tax (11th Amendment) Rules, 2015<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government with respect to registration of persons, due diligence and maintenance of information, and the Board for matters relating to statement of reportable accounts, hereby make the following rules further to amend the Income-tax Rules, 1962, namely.<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">These rules may be called the Income\u2013tax (11th Amendment) Rules, 2015.<\/li>\n<li style=\"text-align: justify;\">They shall come into force on the date of their publication in the Official Gazette.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #0000ff;\"><strong>Ease of Doing Business\/Use of INC &#8211; 29 for Formation of Company<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">For ease of doing business, Ministry of Corporate Affairs has introduced a simplified Incorporation Form-INC-29. The form offers a number of advantages over traditional incorporation forms in terms of reduced number of procedures, time taken and the cost involved in getting approval. With this integrated single form, a company can be registered in India, get allotment of Director Identification Number, name availability, incorporation of company and commencement of business. This form can also generate PAN and TAN.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #0000ff;\"><strong>Amends Notification No. 36\/2001-Cu<\/strong><strong>stoms (N.T.), dated the 3rd August, 2001.<\/strong><\/span><span style=\"color: #800080;\"><strong><span style=\"color: #800080;\">\u00a0<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise &amp; Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36\/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001,<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #0000ff;\"><strong>Amendments in the T<\/strong><\/span><span style=\"color: #800080;\"><span style=\"color: #0000ff;\"><strong>hird schedule appended to the Delhi Value Added Tax, 2004<\/strong><\/span><\/span><\/p>\n<p style=\"text-align: justify;\">Whereas the Lt. Governor of the national captial territory of delhi is of the opinion that it is expedient in the interest of general public \u00a0to do so . Now therefore in exereise of the powers conferred by section 103 of the delhi value added tax Act.2004 (Delhi Act 3 of 2005) the Lt. Governor of the national capital territory of delhi hereby makes the following amendments in the third schedule appended to the said act.<\/p>\n<p style=\"text-align: justify;\">The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional\u00a0endeavors. For query or help, contact:\u00a0<a href=\"mailto:info@caindelhiindia.com\">info@caindelhiindia.com<\/a>\u00a0or call at\u00a0011-233 433 33<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>CORPORATE AND PROFESSIONAL UPDATE ON DECEMBER 4, 2015 Income\u2013tax (11th Amendment) Rules, 2015 In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government with respect to registration of persons, due diligence and maintenance of information, and the Board for matters relating &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":[647,144,142,146,123,116],"tags":[502,501,569,572,179,180,561,214,181,194,541,562,560,550,538],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/661"}],"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=661"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/661\/revisions"}],"predecessor-version":[{"id":3147,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/661\/revisions\/3147"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}