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Archive: 02 December 2008

Posts in 02 December 2008

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 13, 2025 2286 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Public Notice No. 111 (RE-2008)/2004-2009, Dated: 02.12.2008

December 2, 2008 268 Views 0 comment Print

Original application in ANF 2B along with prescribed documents and Treasury Receipt (TR)/Demand Draft shall be submitted to RA concerned. Self-attested copy of application in duplicate shall be submitted to DGFTHqrs (Udyog Bhawan, New Delhi) along with proof of submission of application to RA concerned.

SEBI : Cross Margining across Exchange traded Equity(Cash) and Exchange traded Equity Derivatives (Derivatives) segments

December 2, 2008 331 Views 0 comment Print

specify the legal agreements between the clearing entities for the purpose of margin utilisation in case of liquidation/default etc.

Operationalisation of provisions of Para 5.11.3 of Hand Book of procedures Vol.I2004-09-updated on 11.04.2008

December 2, 2008 361 Views 0 comment Print

SCENT SPRAYS AND SIMILAR TOILET SPRAYS, AND MOUNTS AND HEADS THEREFOR; POWDER-PUFFS AND PADS FOR THE APPLICATION OF COSMETICS

Guidelines for compounding of offences under Customs (Compounding of Offences) Rules, 2005-regarding.

December 2, 2008 727 Views 0 comment Print

Adequate publicity may be given about reduction of compounding amount, in order to make the scheme more popular as to reduce the cases pending in the Court. Further, in order to make best use of compounding of offence scheme, all persons against whom prosecution is initiated or contemplated, should be informed separately in writing, the offer of compounding. Guidelines issued vide Circular No.54/2005-Cus dated 30.12.2005 shall continue to apply, subject to the amendments made vide Notification No.118/2008-Customs (NT) dated 12.11.2008 and the changes mentioned in para 5 above.

Section 80IA(7)- Filing of audit report along with return not mandatory

December 2, 2008 3528 Views 0 comment Print

Contimeters Electrical Pvt. Ltd 317 ITR 249 (Del)- Tribunal had arrived at the correct conclusion that the requirement of filing of audit report along with the return was not mandatory but directory and that if the audit report was filed at any time before the framing of the assessment, the requirement of section 80IA(7) would be met.

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