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Archive: 12 October 2008

Posts in 12 October 2008

Format of Partnership Deed and Forms

October 12, 2008 601424 Views 106 comments Print

1. Deed of Modification in Partnership 2. Model Partnership Deed 3. Admitting New Partner 4. Retirement Deed 5. Dissolution of Partnership Involving Immovable Property 6. Admitting Minor 7. Modifying the Partnership Deed

SEBI Tells ICAI to Suggest Accounting Rules For IPOs

October 12, 2008 2748 Views 0 comment Print

Even as the Institute of Chartered Accountants of India (ICAI) is wrapping up its study on the valuation process in initial public offers, capital market regulator SEBI has asked the accounting body to study IPO reforms. Officials in the know say ICAI will suggest ways to make accounting treatment of IPOs more stringent, and find out ways for an efficient oversight on management of IPO funds.

New Rules In Respect Of Cash Payment of More Then Rs. 20000/-

October 12, 2008 7718 Views 0 comment Print

NOTIFICATION NO. 97/2008, DATED 10-10-2008 6DD. No disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits and gains of business or profession under sub-section (3A) of section 40A where a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank draft, exceeds twenty thousand rupees in the cases and circumstances specified hereunder,

Government Notified Reverse Mortgage Scheme 2008

October 12, 2008 2586 Views 0 comment Print

NOTIFICATION NO. 93/2008, DATED 30-9-2008 Reverse Mortgage means mortgage of a capital asset by an eligible pcrscn against a loan obtained by him fiom an approved lending institution; reverse mortgagor means the eligible person who has mortgaged the capital asset for the purpose of obtaining loan;

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