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Newsletter dated 14th September, 2016
Newsletter dated 14th September, 2016
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Newsletter dated 14th September, 2016

  1. www.csrajivbajaj.com THOUGHT OF THE DAY THOUGHT OF THE DAY “Work hard in silence; Let success make the noise.” Law Updates:  OECD releases public comments received on discussion drafts on Attribution of Profits to PE and Profit Split Method.  Taxability of reimbursements made to AE to be readjudicated after considering agreement on technical services: ITAT Bangalore.  No reassessment on pretext of bogus purchases if assessee had disclosed all material facts at assessment stage: ITAT Amritsar  MCA has modified the versions of Forms Forms AOC-4, INC-7, DIR-11, CHG-1, CHG-9 w.e.f 14th September 201. Only new version of the eForm will be acceptable on the MCA21 portal.  Dues of secured creditor can be tendered at any time before transfer of asset in favour of auction purchaser: Andhra Pradesh High Court PROFESSIONALS INPUTS:  MCA vide Notification dated 09th September, 2016 has notified the Companies (Mediation and Conciliation) Rules, 2016. A persons intends to get empaneled as mediator or conciliator and possess requisite qualification need to apply to the RD in form MDC-1. RD will invite application every year in the month of February and update the panel which will be effective from 01st April of every year.  DVAT vide Circular No. 14 of 2016-17 dated 09th September, 2016 has extended the last date for filing of online/ hard copy of Form DVAT 16, DVAT 17 and DVAT 48 along with requisite annexures and enclosures to 19th September, 2016. MARKET WATCH: SENSEX: 28353.68 -443.71 NIFTY: 8715.35 -151.10 SILVER: 45513.00 66.00 GOLD (MCX): 31090.00 71.00 USD/INR: 66.92 0.25 CRUDE OIL: 3030.00 -58.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date:14th September, 2016
  2. www.csrajivbajaj.com Sunita Narain Director General of the Centre for Science and Environmentand the Director of the Society for Environmental Communications and Publisher of the fortnightly magazine, Down To Earth. Sunita Narain is an Indian environmentalist and political activist as well as a major proponent of the Green concept of sustainable development. Narain has been with the India-based Centre for Science and Environment since 1982. She is currently the Director General of the Centre for Science and Environment and the Director of the Society for Environmental Communications and Publisher of the fortnightly magazine, Down To Earth. In her years at the Centre, she has worked hard at analysing and studying the relationship between environment and development and at creating public consciousness about the need for sustainable development. Over the years, she has also developed the management and financial support systems needed for the institution, which has over 100 staff members and a dynamic program profile. She is currently in charge of the Centre's management and plays an active role in a number of research projects and public campaigns. Early life & Carrer She began her career by writing and researching for the State of India's Environment reports and then went on to study issues related to forest management. For this project she traveled across the country to understand people's management of natural resources. In the early 1990s she got involved with global environmental issues and she continues to work on these as researcher and advocate. Her research interests are wide-ranging - from global democracy, with a special focus on climate change, to the need for local democracy, within which she has worked both on forest-related resource management and water-related issues. Narain remains an active participant, both nationally and internationally, in civil society. She serves on the boards of various organisations and on governmental committees and has spoken at many forums across the world on issues of her concern and expertise. In 2008 Narain delivered the K R Narayanan Oration on "Why Environmentalism Needs Equity: Learning from the environmentalism of the poor to build our common future". In 2000, she co-edited the publication Green Politics: Global Environmental Negotiations,which looks at the emerging ecological globalisation framework and puts forward an agenda for the South on global negotiations and in 2001, Making Water Everybody’s Business: the practice and policy of water harvesting. Awards & accolades  In 2005, she was awarded the Padma Shri by the Government of India.  In 2005 the Centre for Science and Environment under her leadership was awarded the Stockholm Water Prize.  She was awarded an honorary Doctor of Science by the University of Calcutta in 2009.  She was conferred with the Raja-Lakshmi Award for the year 2009 from Sri Raja-Lakshmi Foundation, Chennai.
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