Newsletter dated 16th December, 2016

1. www.csrajivbajaj.com
THOUGHT OF THE DAY
THOUGHT OF THE DAY
“Learn from a kite- Fly High, but stay connected to the ground
to your roots or else you will be lost."
Law Updates:
 Service receiver has no locus standi to challenge service-tax
circular; SLP dismissed.
 AO can refer matter to TPO without definite finding on existence of
international transaction: Calcutta High Court.
 No further TP adjustment when margin of assessee was higher than
comparable after including notional interest: Mumbai Tribunal.
 AO couldn't disallow foreign commission doubting that it was illicit
payment: Mumbai Tribunal.
 Arbitrarily suspension of gas supply by GAIL without prior notice
held as abuse of dominance: CCI.
PROFESSIONALS INPUTS
 SEBI vide Master Circular No. SEBI/HO/MRD/DP/CIR/P/2016/134
dated 15th
December 2016 has issued compilation of the
circulars/communications issued by SEBI up to March 31, 2016 for
Depositories.
 RBI vide Notification No. RBI/2016-17/183 dated 15th
December
2016 has said that Non-KYC compliant Jan- Dhan Accounts has to
be treated as Small Accounts.
 DVAT vide Circular dated 14th
December 216 has prescribed the
Procedure of Enrolment for GST for VAT registered dealers from
16/12/2016 to 31/12/2016, Provisional Login Id and Password has
been sent to dealers login.
MARKET WATCH:
SENSEX: 26,519.07 -83.77 NIFTY: 8,153.60 -28.85
SILVER: 39,729.00 -1,258.00 GOLD (MCX): 27,335.00 -522.00
USD/INR: 67.84 -0.01 CRUDE OIL: 3,448.00 -127.00
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
https://www.facebook.com/Rajiv
1Bajaj
http://www.csrajivbajaj.com
Date: 16th
December, 2016

2. www.csrajivbajaj.com
Adam Khoo
CEO & Managing Director of Adcom (S) Pte Ltd
Adam Khoo is a Singaporean entrepreneur and writer who is recognized as one of the most
vibrant and powerful motivational speakers in Asia. A self-made millionaire by the age of 26, he
currently owns and runs several different companies. His road to success was not an easy one as
he was an extremely apathetic and indifferent child with a television addiction. He was poor in
academics as well as social skills until the age of
13 when he was registered in a Super-Teen Camp by his parents which turned his life around. At Super-Teen, his abilities
were discovered with aid from the neuro-linguistic programming (NLP), an innovative learning technique. This marked the
beginning of Adam's interest and journey in mastering motivational techniques which formed the basis of many of his best-
selling books and seminars. After enrolling at the camp, he transformed into a bright and creative child, scoring top marks
and devising unique ways to earn money. He invested in learning about the NLP and became a motivational trainer to
encourage students like him across the country. He also co-founded entertainment companies and designed marketing
strategies for various agencies, including his own. He wrote many books sharing his knowledge on achieving success in
entrepreneurship and became one of the youngest millionaires of Singapore. Having motivated and trained countless
professionals, salespeople, and students around the world, he continues to inspire individuals through his amazing person.
Early Life & Education
He was born as Adam Khoo Yean Ann on April 8, 1974, in Singapore, to Vince Khoo, owner of an advertising agency, and
his wife, Betty L. Khoo-Kingsley. After being expelled from St Stephen's Primary School for misbehavior and poor
academic results at the age of eight, he attended a government school, Ping Yi Secondary School, where he was able to
pass only five out of eight academic subjects.
As a child, Adam Khoo was a lazy fellow with poor social skills. He was totally uninterested in learning, did not enjoy
reading anything but comics, and was addicted to arcade games and TV programs. At the age of 13 came the turning point
in his life, when his parents enrolled him for a five-day residential program at Ladyhill Hotel called Super-Teen Camp. At
the camp, his talent was spotted by Dr. Ernest Wong, founder, principal consultant and master teacher of Ernesco, the
Centre for Motivational Language Learning. With the help of Dr. Wong's innovative learning technology known as
neurolinguistics programming (NLP) as well as whole-brain learning, within three months of the program, he made his
way among the top 18 students in his secondary school. Within a year, he went on to rank among the top 10 in Ping Yi
Secondary and later became the first student from his school to qualify for Victoria Junior College. At the age of 16, he
began investing most of his time to know about the training sessions in NLP in the United States. Gradually, he became a
freelance motivational trainer and started conducting sessions in schools to encourage dull students.
Career Profile
At the age of 21, Adam Khoo completed National Service in the Republic of Singapore Air Force. After that, he
collaborated with his three National University of Singapore (NUS) friends and co-founded an event management
company, Creatsoul Entertainment. The company organized various fun activities for its clients and was later re-registered
as Event Gurus Pte Ltd. Later, he got enrolled in the business administration faculty at the National University of
Singapore (NUS) where he was placed among the top 1 percent of academic achievers. In 1998, he completed his
graduation with an honors degree in business administration.
At the age of 24, after obtaining his licence in NLP in Washington, he became a trainer at SuperTeen, conducting courses
for organizations including the Chinese Development Assistance Council (CDAC), Association of Muslim Professionals
(AMP), and the Universitas Pelita Harapan (UPH) in Jakarta. Alongside, he also started coaching top insurance agents and
marketing managers on methods to boost sales. Subsequently, his father gave him the responsibility to run their own
advertising agency, Adcom. He currently serves as the CEO & Managing Director of Adcom (S) Pte Ltd, the Co-Founder
and Executive Director of Event Gurus Pte Ltd, and the Co-Founder & Executive Chairman of Adam Khoo Learning
Technologies Group Pte Ltd.
Adam Khoo has also authored 11 books including the best-seller ‘I Am Gifted, So Are You!’ and ‘Master your Mind,
Design your Destiny’. He served as the co-author of ‘How to Multiply your Child's Intelligence’ and ‘Clueless in Starting a
Business’. His other literary works include ‘Secrets of Self-Made Millionaires’, ‘Secrets of Millionaire Investors’ and
‘Nurturing the Winner and Genius In Your Child’.
Awards
In 2008, The Executive magazine ranked him among the top 25 richest Singaporeans under the age of 40. Same
year, he was honored with the NUS Business School Eminent Business Alumni Award.