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Archive: 20 March 2009

Posts in 20 March 2009

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7167 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Amending Notification published vide number G.S.R. 590(E), dated the 13th August, 2008

March 20, 2009 997 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 96/2008-Customs, dated the 13th August, 2008 which was published in the Gazette of India, Extraordinary, vide number G.S.R. 590 (E), dated the 13th August, 2008, namely

Notification No. G.S.R. 183(E), dated 20/03/2009

March 20, 2009 421 Views 0 comment Print

G.S.R. 183(E). – In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Central Government’s) General Rules and Forms, 1956

Fund managers not willing to annouce dividend this year

March 20, 2009 519 Views 0 comment Print

Money managers, who have historically used dividends as a ploy to lure investors to tax-saving stock funds, are shying away from payouts this year, as a savage share market decline limits distributable surplus. Only seven tax funds have announced dividends in 2008/09, compared to 20 last year. The March quarter, which typically sees hectic activity […]

Companies will be bound to restate their financial statements if auditors raise objections

March 20, 2009 2978 Views 0 comment Print

The era of qualified company accounts is about to close. Companies will have to restate their financial statements if auditors raise objections to any figure in annual accounts, if the government accepts a proposed recommendation of the Institute of Chartered Accountants of India (ICAI). Annual reports would contain financial statements that fully satisfy the auditor’s […]

IPL Official in Service Tax Net

March 20, 2009 370 Views 0 comment Print

The Commissiorate of Service Tax, Delhi, has slapped notices on official partners and sponsors of the tournament, including Hero Honda Motors and Jaiprakash Associates, asking them to show cause as to why service tax amounting to around Rs 6 crore should not be recovered from them for providing sponsorships. Two notices were issued to Hero […]

ICAI – Announcement for June 2009 PCE Examiniation

March 20, 2009 327 Views 0 comment Print

It is clarified that in Part –II : Service tax and VAT of Paper 5 : Taxation, students will not be tested on specific questions covering individual taxable services Final Examinations (Both Existing and New) Paper 8 : Indirect taxes/ Paper 8 : Indirect Tax Laws

ICAI seeks AP court permission to examine sacked PW professionals

March 20, 2009 321 Views 0 comment Print

The Institute of Chartered Accountants of India today filed an application in a local court here seeking its permission to examine and record statements of three chartered accountants, including Satyam’s former CFO Vadlamani Srinivas. ICAI counsel G Gopalakrishna Murthy told the XIV additional chief metropolitan magistrate’s court that the professional body wanted to find if […]

Sebi proposed to extend trading hours to align the domestic bourses with international markets

March 20, 2009 258 Views 0 comment Print

The Securities and Exchange Board of India on Wednesday proposed to extend trading hours in exchanges to align the domestic bourses with international markets and asked various stakeholders for their opinion. “With the increased integration of the global markets, information originating from different countries has a bearing on Indian securities market,” Sebi, the market regulator, […]

Fixed Deposit & Government Bond, where to invest?

March 20, 2009 3999 Views 0 comment Print

Government-backed bonds have traditionally attracted conservative investors. But fixed deposits took the sheen away from them last year after banks offered between 10 and 11 per cent yields. However, with fixed deposit rates coming down, the trend seems to be reversing. India Infrastructure Finance Company, for instance, is targeting retail investors for a Rs 2,600 […]

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