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www.csrajivbajaj.com
THOUGHT OF THE DAY
THOUGHT OF THE DAY
“The greatest conflicts are not between two people but between
one person and himself.”
Law Updates:
 To determine whether requisite amount of tax was deducted at
source and paid over to government treasury or not in accordance
with law, Tribunal should admit requisite challans sought to be
submitted by assessee.
 Payment made to labour contractor to procure material on behalf of
builder assessee won't attract sec. 194C TDS: Bangalore Tribunal.
 Growing of plants in nursery is an agricultural activity, says Madras
High Court.
 Disclosure of additional income during settlement didn't show that
initial offer wasn't true: Gujrat High Court.
 Interest paid by stock-broker was deductible under sec. 57 as
borrowings were utilized for deposits with NSE.
 Trust deed could be amended if variation wasn't inconsistent with
objects of trust: Kerala High Court.
PROFESSIONALS INPUTS
 CBDT vide Notification dated 15th
November 2016 has asks banks
to report each cash deposit above Rs. 2.5 lakh in AIR.
 RBI vide Notification No. RBI/2016-17/133 dated 15th
November
2016 has issued Standard Operating Procedure (SOP) for putting
indelible ink on the finger of the customers coming to a bank branch
for SBNs.
MARKET WATCH:
SENSEX: 26,267.38 -31.31 NIFTY: 8,103.20 -8.40
SILVER: 41,475.00 62.00 GOLD (MCX): 29,808.00 -141.00
USD/INR: 67.91 -0.17 CRUDE OIL: 3,089.00 -13.00
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
https://www.facebook.com/Rajiv
1Bajaj
http://www.csrajivbajaj.com
Date: 17th
November, 2016
www.csrajivbajaj.com
Joe Blackman
CEO of Collection 26
“We spend a lot of time thinking about the journey for guests. The best
parties are ones where you have a really coherent theme. We’re looking
at what they do, what they hear, what they smell, what they feel and
think, minute by minute.”
Joe Blackman is a serial entrepreneur and CEO of Collection 26, a
celebrity event planning and Design Company. He sits as a Magistrate in
Westminster Magistrates Court. Blackman previously sat in Cardiff
Magistrates Court. He organises events for high-profile clients such as the
Abu Dhabi royal family, 50 Cent and The Killers. Blackman is loath to spend money where it could be saved.
That’s probably because he comes from a background without a lot of money and he doesn’t like to see it go out
the door. Compared to a lot of businesses, he is very tight with his finances and thinks that’s why he is
successful.
Education and recognition
Blackman has a Master's degree in Business Administration and is qualified in health and safety management
by NEBOSH. He lectures part-time for an BA(Hons) Events Management degree course at the Cardiff
Metropolitan University and has previous lectured at Liverpool Institute of Performing Arts on the Theatre and
Performance Technology BA course.
In 2010 Blackman was honoured as an IoD (Institute of Directors) Young Director of the Year at a ceremony at
the Lancaster London hotel.
Magistrate Service
Blackman became a magistrate, or Justice of the Peace, in Cardiff, Wales in 2008. At the age of 23, he was the
youngest magistrate on the Cardiff bench, and one of the youngest in the UK.
As of 2009 Blackman sits as a justice in Westminster Magistrates Court in Central London. Blackman applied
to be a magistrate after talking to a friend who already served on the bench.
Event Planning
Blackman began planning events when he was 13 years old, helping out on events at a local community centre
before starting his first business while in university studying a BA degree in Stage Management at the Royal
Welsh College of Music and Drama in 2003 and 2004. He began planning events on a freelance basis during
this time. At the age of 20, he travelled to Qatar to help organise the 15th Asian Games for the International
Olympics Committee.
In 2005, Blackman founded Collection 26, an event-planning company. He was 20 years old. Venture Wales, a
business-support project of the Welsh government, supported Blackman's efforts with business advice.
Blackman's plans parties and weddings for royalty, celebrities, and corporate customers. Following successful
events in Abu Dhabi, he expanded Collection 26 to service customers in the Middle East in 2010. Blackman has
carved out a lucrative niche catering for the social lives of high net worth individuals. Past projects include
footballer Theo Walcott’s wedding, singer Alexandra Burke’s birthday party and one for a member of the Abu
Dhabi royal family
 Collection 26 has organised Africa Oye, the UK's largest African festival, every year since 2006.
Collection 26 has offices in Cardiff and London.

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Newsletter dated 17th November, 2016

  • 1. www.csrajivbajaj.com THOUGHT OF THE DAY THOUGHT OF THE DAY “The greatest conflicts are not between two people but between one person and himself.” Law Updates:  To determine whether requisite amount of tax was deducted at source and paid over to government treasury or not in accordance with law, Tribunal should admit requisite challans sought to be submitted by assessee.  Payment made to labour contractor to procure material on behalf of builder assessee won't attract sec. 194C TDS: Bangalore Tribunal.  Growing of plants in nursery is an agricultural activity, says Madras High Court.  Disclosure of additional income during settlement didn't show that initial offer wasn't true: Gujrat High Court.  Interest paid by stock-broker was deductible under sec. 57 as borrowings were utilized for deposits with NSE.  Trust deed could be amended if variation wasn't inconsistent with objects of trust: Kerala High Court. PROFESSIONALS INPUTS  CBDT vide Notification dated 15th November 2016 has asks banks to report each cash deposit above Rs. 2.5 lakh in AIR.  RBI vide Notification No. RBI/2016-17/133 dated 15th November 2016 has issued Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch for SBNs. MARKET WATCH: SENSEX: 26,267.38 -31.31 NIFTY: 8,103.20 -8.40 SILVER: 41,475.00 62.00 GOLD (MCX): 29,808.00 -141.00 USD/INR: 67.91 -0.17 CRUDE OIL: 3,089.00 -13.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 17th November, 2016
  • 2. www.csrajivbajaj.com Joe Blackman CEO of Collection 26 “We spend a lot of time thinking about the journey for guests. The best parties are ones where you have a really coherent theme. We’re looking at what they do, what they hear, what they smell, what they feel and think, minute by minute.” Joe Blackman is a serial entrepreneur and CEO of Collection 26, a celebrity event planning and Design Company. He sits as a Magistrate in Westminster Magistrates Court. Blackman previously sat in Cardiff Magistrates Court. He organises events for high-profile clients such as the Abu Dhabi royal family, 50 Cent and The Killers. Blackman is loath to spend money where it could be saved. That’s probably because he comes from a background without a lot of money and he doesn’t like to see it go out the door. Compared to a lot of businesses, he is very tight with his finances and thinks that’s why he is successful. Education and recognition Blackman has a Master's degree in Business Administration and is qualified in health and safety management by NEBOSH. He lectures part-time for an BA(Hons) Events Management degree course at the Cardiff Metropolitan University and has previous lectured at Liverpool Institute of Performing Arts on the Theatre and Performance Technology BA course. In 2010 Blackman was honoured as an IoD (Institute of Directors) Young Director of the Year at a ceremony at the Lancaster London hotel. Magistrate Service Blackman became a magistrate, or Justice of the Peace, in Cardiff, Wales in 2008. At the age of 23, he was the youngest magistrate on the Cardiff bench, and one of the youngest in the UK. As of 2009 Blackman sits as a justice in Westminster Magistrates Court in Central London. Blackman applied to be a magistrate after talking to a friend who already served on the bench. Event Planning Blackman began planning events when he was 13 years old, helping out on events at a local community centre before starting his first business while in university studying a BA degree in Stage Management at the Royal Welsh College of Music and Drama in 2003 and 2004. He began planning events on a freelance basis during this time. At the age of 20, he travelled to Qatar to help organise the 15th Asian Games for the International Olympics Committee. In 2005, Blackman founded Collection 26, an event-planning company. He was 20 years old. Venture Wales, a business-support project of the Welsh government, supported Blackman's efforts with business advice. Blackman's plans parties and weddings for royalty, celebrities, and corporate customers. Following successful events in Abu Dhabi, he expanded Collection 26 to service customers in the Middle East in 2010. Blackman has carved out a lucrative niche catering for the social lives of high net worth individuals. Past projects include footballer Theo Walcott’s wedding, singer Alexandra Burke’s birthday party and one for a member of the Abu Dhabi royal family  Collection 26 has organised Africa Oye, the UK's largest African festival, every year since 2006. Collection 26 has offices in Cardiff and London.