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Archive: 23 January 2009

Posts in 23 January 2009

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 1971 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 3852 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

Public Notice No. 138 (RE-2008)/2004-09, Dated: 23.01.2009

January 23, 2009 244 Views 0 comment Print

On completion of approval period as provided for in paragraph 6.6 of FTP, it shall be open to unit to continue under scheme or opt out of scheme. Where unit opts to continue, DC concerned will extend approval period. If no intimation in this regard is received from unit within a period of six months of expiry of approval period, DC will take action, suo moto, to cancel approval under EOU scheme and take further action in this regard.

Notification No. 82 (RE-2008)/2004-2009, dated: 23.01.2009

January 23, 2009 418 Views 0 comment Print

Import of ‘Toys’ from China appearing under ITC Codes 9501, 9502, 9503 of Schedule – I of ITC(HS) Classifications of Export and Import Items is prohibited for six months with immediate effect and until further orders.

Reasons Why Computer Crash

January 23, 2009 408 Views 0 comment Print

Fatal error: the system has become unstable or is busy,” it says. “Enter to return to Windows or press Control-Alt- Delete to restart your computer. If you do this you will lose any unsaved information in all open applications. ” You have just been struck by the Blue Screen of Death. Anyone who uses Mcft Windows will be familiar with this. What can you do? More importantly, how can you prevent it happening?

ICAI in direct need of complete overhaul

January 23, 2009 411 Views 0 comment Print

“The Indian stock market today has the potential to lift all boats across the entire social spectrum of the country and this potential needs to be exploited to the fullest if the government wants to  realise the dream of reducing the poverty rate to single digit.”

CBI Court sentences Income Tax Officer to five-year RI with Rs 26.3 lakh fine

January 23, 2009 982 Views 0 comment Print

Principal Special Judge for CBI cases, Chennai, today convicted accused G.Selvakumar, former Income Tax Officer, Chennai and M.Vincent Xavier, a private person and sentenced them to undergo Rigorous Imprisonment for five years with a fine of Rs. 26,30,000/- and Rs.17,40,000/ – respectively, for committing forgery, fraud issue of false and forged Income Tax Refund Order […]

Central Vigilance Commission Code of Ethics for CAs and advice to Banks

January 23, 2009 721 Views 0 comment Print

It has been observed that there have been a number of cases in banks and financial institutions wherein due to the erroneous/ambiguous advice tendered by the respective Chartered Accountants, borrowal accounts have had to face quick mortality resulting in loss for the bank. Many a time this has also resulted in vigilance cases being initiated […]

ICSI forms panel to look into corporate governance issues

January 23, 2009 336 Views 0 comment Print

In response to the ministry of corporate affairs letter to the Institute of Company Secretaries of India (ICSI) to investigate issues related to corporate governance aspect in the Satyam accounting fraud, the ICSI council has constituted a core group to look into the matter.

Just Fun, Don’t take otherwise

January 23, 2009 489 Views 0 comment Print

An aspiring CA goes for an interview:  Interviewer – Do you have experience in finalization of accounts?

Humors- The Magician – Guess who?

January 23, 2009 462 Views 0 comment Print

Three world famous magicians were in the bar drinking and boasting about their achievements. The first one said,” During my latest show, I made three women from the audience disappear, it was so convincing that their relatives started panicking, no one could find the trick”

I-T man caught accepting bribe did it for his boss?

January 23, 2009 940 Views 0 comment Print

CBI arrests Assistant Commissioner Raj Kumar Bhatia, who allegedly asked builder to pay his subordinate Rs 2 lakh. Suresh Khaitan, the Income Tax official arrested on a bribery charge on Wednesday, had been contacting I-T assessees and threatening to initiate tax inquiries against them allegedly on behalf of his boss Assistant Commissioner Raj Kumar Bhatia, […]

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