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Archive: 16 January 2009

Posts in 16 January 2009

Interpretation of expression "value" used in Explanation 2 to section 80-IB(2) of IT Act

January 16, 2009 679 Views 0 comment Print

20. We have heard both the parties and have carefully gone through the orders of the authorities below. Explanation 2 below sub section (2) of section 80IB provides that where in the case of an industrial undertaking, any machinery or plant or any part thereof previously used for any purpose is transferred to a new business and the total value of the machinery or plant or part so transferred does not exceed 20 per cent of the total value of the machinery or plant used in the business, then for the purpose of clause (ii) of sub-section 2 of section 80IB,

CA FINAL & CPT EXAM RESULT WILL COME TODAY

January 16, 2009 1860 Views 0 comment Print

The results of the Chartered Accountants Final, Final (New Course) Examinations, Common Proficiency Test (Paper Pencil Mode) and Common Proficiency Test (Online) held in November/December, 2008 are likely to be declared on Friday, the 16th January, 2009 around 2 PM and the same as well as the merit list (candidates securing a minimum of 55% […]

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