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Accounting regulator ICAI today entered into an agreement with the Institute of Chartered Accountants in Australia that would allow professionals to practice in each other’s country after fulfilling a few conditions. The memorandum of understanding signed today would enable firms from Australia, wanting to practice in India as limited liability partnership, a new form of […]
I am glad to inform the Hon’ble members that Maharashtra is the first State to get tax returns in large numbers electronically from all dealers. The dealers, the trade associations and tax practitioners have greatly contributed to this and deserve to be congratulated.
First ever non-stop train service ‘Duronto’ introduced. RAILWAY BUDGET 2009-10. For the first time in the history, non-stop train service is being introduced in India. The non-stop train service ‘Duronto’ will have AC and non-AC sleepers and will run between select cities throughout the country.
Removal of Capital Goods from SEZ to DTA- – Capital goods can be removed from SEZ to DTA on depreciated value for the purpose of payment of duty. Where the capital goods acquired on or before commencement of production, depreciation will be calculated from date of commencement
Section 57 read with Third Schedule of the SEZ Act, 2005, has amended the provisions of Indian Stamp Act, 1899 so that no duty shall be chargeable in respect of any instrument executed by or on behalf of or in favour of the Developer or Unit or in connection with the carrying out of purposes of the […]
