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Archive: 16 June 2009

Posts in 16 June 2009

CLB shifted office from Shastri Bhawan to Paryavaran Bhawan

June 16, 2009 1255 Views 0 comment Print

GOVERNMENT OF INDIA COMPANY LAW BOARD Shastri Bhawan, 5th Floor, ‘A’ Wing, Dr. Rajendra Prasad Road, New Delhi-l 10001 Dated: 09.06.2009 OFFICE ORDER The Company Law Board, New Delhi is in the process of shifting from Shastri Bhawanto Paryavaran Bhawan, CGO Complex, 3rd Floor, Lodhi Road, New Delhi- 110003. Filing of new petitions and receiving […]

Foreign companies underwriting income not taxable in India: ITAT

June 16, 2009 1588 Views 0 comment Print

Foreign firms earning through underwriting services in India without having a permanent establishment here will not be required to pay tax on that income, tax tribunal said in a ruling. Income Tax Appellate Tribunal (ITAT) gave this ruling in case of over Rs nine crore payment by auto maker Mahindra and Mahindra

Empanelment of eligible Chartered Accountant Firms in Corporation Bank

June 16, 2009 4185 Views 0 comment Print

Empanelment of eligible Chartered Accountant Firms in Corporation Bank –  Profile/Resume sent through E-mail will not be considered for empanelment. Only properly filled in and duly signed Hard copy of the Profile/Resume as per the Format will be considered for empanelment subject to the Firm meeting the eligibility criteria. Such applications shall be submitted to […]

Voluntary retirement compensation and chargeability to tax if payment is stretched over a period of years

June 16, 2009 1573 Views 0 comment Print

Benefit in lieu of salary payable to an employee opting for voluntary retirement is exempted from being charged to tax to the extent of Rs. 5 lakhs by reason of section 10(10C); even if the payment is stretched over a period of years, the same would not become chargeable to tax in any subsequent assessment year

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