Update as on September 11, 2015

RECENT JUDGMENTS:

High Court of Bombay:

·        Vodafone India Ltd. vs. The Commissioner of Central Excise, Mumbai II 

·        National Stock Exchange of India Limited vs. Moneywise Media Private Limited & Ors.  [09.09.2015]

·        Shri Deelip Manga Chaudhary vs. The Managing Director, The Maharashtra State Co-­operative Marketing Federation Ltd. & Anr.  [08.09.2015]

·        Manoj Ganpatlal Chamedia vs. Hariom Chaganlal Jaipuriya & Anr.  [04.09.2015]

RECENT NOTIFICATIONS:

·        Trade Credit Policy - Rupee (INR) Denominated trade credit

·        Guidelines for Grant of Authorisation for Additional Branches of FFMC/AD Cat. II

·        Exchange Earners’ Foreign Currency (EEFC) Account-Discontinuation of Statement pertaining to trade related loans and advances

·        Procedure for payment of commission by banks to authorised agents on sale of Kisan Vikas Patra

·        Procedure for registration and submission of report as per clause (k) of sub-section (1) of section 285BA of Income-tax Act, 1961 read with sub-rule (7) of rule 114G of income-tax Rules, 1962

·        Guidance notes on implementation of reporting requirements under rules 114F to 114H of the Income-tax Rules

·        Procedure for registration and submission of report as per clause (k) of sub-section (1) of section 285BA of Income-tax Act, 1961 read with sub-rule (7) of rule 114G of Income-tax Rules, 1962