Month: April 2010
527 articlesIncome Tax

Income Tax
To claim bad debts it is sufficient if the debt is written off as irrecoverable in the books of accounts of the taxpayer
Income Tax

Income Tax
Sale of cruise tickets through the services of an Indian entity on principal to principal basis and at an arms length prices would not be liable to tax in India
Fema / RBI
Fema / RBI
Revised Pricing Guidelines for issue of shares to non-residents
Fema / RBI
Fema / RBI
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2010
Income Tax

Income Tax
Saral Form can be as Saral as law, Income Tax law need to be simplified
CA, CS, CMA
CA, CS, CMA
Top multinational accounting firms flouted norms to provide services in India
Corporate Law

Corporate Law
Government may introduce separate legislation to speed up insolvency proceedings
SEBI

SEBI
SEBI circular reduced time for disclosure of results and made it mandatory to disclose solvency position every 6 months
SEBI

SEBI
Listed company now required to disclose quarterly result in 45 days from the end of every quarter and Annual result in 60 days from the end of financial year
CA, CS, CMA
CA, CS, CMA
