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	<title>TaxGuru &#187; pwc report</title>
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		<title>Effective use of technology can prevent corporate fraud: PwC</title>
		<link>http://taxguru.in/finance/effective-use-of-technology-can-prevent-corporate-fraud-pwc.html</link>
		<comments>http://taxguru.in/finance/effective-use-of-technology-can-prevent-corporate-fraud-pwc.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 01:34:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[corporate fraud]]></category>
		<category><![CDATA[PWC]]></category>
		<category><![CDATA[pwc report]]></category>
		<category><![CDATA[satyam computer services]]></category>
		<category><![CDATA[V.S. Prabhakar Gupta]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=32801</guid>
		<description><![CDATA[Effective use of technology for in-house audit processes could help prevent accounting fraud in a company, as it will be easier to monitor the flow of data online, says global consultant PricewaterhouseCoopers. A new PwC report, `2010 Internal Audit State of the Productivity of the Profession Survey', said that about 48 per cent of Indian companies lack skill and knowledge of data tools used in internal audit softwares, while 18 per cent have no access to these tools. ]]></description>
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		<title>PWC asked for clarity on taxation rules regarding payments made for acquiring spectrum</title>
		<link>http://taxguru.in/general-info/pwc-asked-for-clarity-on-taxation-rules-regarding-payments-made-for-acquiring-spectrum.html</link>
		<comments>http://taxguru.in/general-info/pwc-asked-for-clarity-on-taxation-rules-regarding-payments-made-for-acquiring-spectrum.html#comments</comments>
		<pubDate>Wed, 25 Nov 2009 02:45:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General Info]]></category>
		<category><![CDATA[Capital Expenditure]]></category>
		<category><![CDATA[clarity]]></category>
		<category><![CDATA[indian telecom]]></category>
		<category><![CDATA[mobile subscribers]]></category>
		<category><![CDATA[pwc report]]></category>
		<category><![CDATA[revenue expenditure]]></category>
		<category><![CDATA[spectrum allocation]]></category>
		<category><![CDATA[tariffs]]></category>
		<category><![CDATA[tax rates]]></category>
		<category><![CDATA[taxation laws]]></category>
		<category><![CDATA[telecom market]]></category>
		<category><![CDATA[telecom operators]]></category>
		<category><![CDATA[telecom sector]]></category>

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		<description><![CDATA[“There is no specific provision in Indian tax laws governing the deductibility of the payments made for acquiring spectrum,” a PwC report on the telecom sector said. With the allocation of spectrum, especially 3G being an issue of concern, rules governing the same in the taxation laws also assume significance. “Since, substantial amounts are to be involved for acquiring spectrum, determining its deductibility becomes critical,” the firm said.]]></description>
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