Month: April 2010
527 articlesIncome Tax

Income Tax
An assessee does not have to develop entire port to qualify for deduction u/s 80-IA of the Income Tax Act, 1961
Income Tax

Income Tax
Reasons recorded by AO for reopening an assessment are the only reasons which can be considered when formation of belief is impugned
Income Tax

Income Tax
Loss of one industrial undertaking cannot be set off against the profit of another such industrial undertaking for purpose of computing deduction u/s 80-I
Custom Duty

Custom Duty
Brand Rate of Duty Drawback – References received in the Board regarding old claims
Fema / RBI
Fema / RBI
Make phone banking more secure or face penalty: RBI
Income Tax

Income Tax
CAG reported 3 per cent decline in number of Assessee in 2008-09
Finance

Finance
EAC opinion on Capitalisation of expenditures in respect of projects under construction
CA, CS, CMA

CA, CS, CMA
ICAI recommended amendments in Chartered Accountants Act, 1949 to facilitate action against CA firms in addition to individual CAs
Income Tax

Income Tax
It department opined reward of 10% of tax to informers is maximum ceiling
Company Law

Company Law
ROC keeping watch on companies showing unusual financial trends
CA, CS, CMA

CA, CS, CMA
ICSI plan to introduce courses in competition law, corporate restructuring and insolvency
CA, CS, CMA

CA, CS, CMA
ICAI Recommendation Regarding Penal Punishment for Audit Firms for Misconduct
Finance

Finance
Joint initiative by India and Japan for the implementation of IFRS
Income Tax

Income Tax
