Day: February 3, 2010
15 articlesIncome Tax

Income Tax
Taxability of payments received by applicant from its Indian re-seller for supply of software products to end users
Finance

Finance
Market Basics
Company Law

Company Law
Can the provision barring civil court’s jurisdiction in the proposed companies act be effective?
Goods and Services Tax

Goods and Services Tax
Vat rate changed in Punjab from 4% to 5%
Income Tax

Income Tax
Budget may contain the provision requiring TPAs to deduct TDS on payment to hospitals
Company Law

Company Law
Governments likely to introduce a fixed time-frame for nomination of independent directors in state-run companies
Fema / RBI
Fema / RBI
RBI not have info on "heavy penalties" and "extra-ordinary interest rates" imposed by banks on credit card defaults
Excise Duty

Excise Duty
Excise duty circular on Valuation of MS and HSD sold amongst OMCs – MOU – Withdrawal of instructions dated 14-2-2007
Fema / RBI
Fema / RBI
UCBs – Prevention of Money-laundering – Amendment Rules, 2009 – Obligation of banks / Financial institutions
Goods and Services Tax

Goods and Services Tax
MVAT circular providing clarification regarding Schedule Entry C-70 – Paper
Service Tax

Service Tax
Service tax not applicable on sale component of consideration for photography service
Income Tax

Income Tax
Section 2(48) of the Income-tax Act, 1961 – Zero Coupon Bond – Specified bond
Income Tax

Income Tax
Section 10(15)(iv)(h) of the Income-tax Act, 1961 – Exemption – Interest on bonds/debentures – Notified bonds or debentures of public sector companies
DGFT

DGFT
