"01 January 2010" Archive

SEBI : (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2010

Notification No. LADNRO/GN/2009-2010/25/189240 01/01/2010

These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2010. (ii) These regulations shall come into force on the date of their publication in the Official Gazette....

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Circular No. 20/2009-14, Dated 01-01-2010

Circular No. 20/2009-14 01/01/2010

Reference is invited to this office letter Pt. F. No. Misc-12/AM-05/DBK Cell dated 5th March 2008 addressed to DC, NSEZ on the above subject wherein it was inter-alia clarified that no new applications for fixation of Brand Rate of Duty Drawback for HSD should be entertained and applications already filed and pending in the office of DC, ...

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To tax the income, beneficial ownership is relevant than legal ownership

CIT Vs M/s. Podar Cement Pvt. Ltd. Etc. (Supreme Court of India)

owner means a person who has got valid title legally conveyed to him after complying with the requirements of law such as the Transfer of Property Act, Registration Act, etc. But, in the context of section 22 of the Income-tax Act, having regard to the ground realities and further having regard to the object....

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Happy New Year 2010 and Invitation to join our panel of Esteemed writers

Tax Guru Team wishes all its visitors, subscribers, panel writers, team members and your loved ones a very happy, healthy, peaceful and prosperous new year 2010. Thanks to all for making the website a big hit within first year of its launch. We are determined to serve you better in future. Suggestions for improvement are welcome. ...

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Posted Under: SEBI |

Income-tax dispute resolution panel may hit tax collection by Rs 10,000-crore

The government’s tax collections could take a Rs 10,000-crore hit this year due to the setting up of the income-tax dispute resolution panel (DRP) for settling transfer pricing disputes. Such a dispute arises when there is a disagreement between the government and the taxpayer, especially a foreign company, in determining the tax liabil...

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Posted Under: SEBI |

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