"21 July 2010" Archive

Real Estate- Wait and Watch

One of my friend who is a well renowned real estate promoter was struggling to pay his bank loan in the year 2008 when the recession have touched the shores of Indian real estate business. He had to almost sell all his properties of his own to pay back the loan of the bank. ...

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Posted Under: Finance |

Sebi panel suggestes tax parity for shareholders who tender their shares in open offer and those who sell through the stock market

A Sebi panel has suggested tax parity be introduced for shareholders who tender their shares in open offer and those who sell through the stock market. According to the Sebi Takeover Advisory Committee, the open offer only provides an opportunity to investors to exit the company and hence need not be treated as off-market transaction....

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Posted Under: Finance | ,

Filing Online Income Tax Return? Tips to secure your transaction

With July 31 just a couple of weeks away, it’s time to get papers in order to file your taxes. The traditional method has been to hire a chartered accountant who does the needful. But now, with the advent of tax portals, even tax filing can be done at your convenience from your office or home. But there are some basic things you have to...

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Posted Under: Finance |

NC Notification No. 70/2010-Income Tax Dated 21/7/2010

NC Notification No. 70/2010-Income Tax (21/07/2010)

NC Notification No. 70/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 791(E), dated the 18th September, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Governme...

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NC Notification No. 69/2010-Income Tax Dated 21/7/2010

NC Notification No. 69/2010-Income Tax (21/07/2010)

NC Notification No. 69/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 121(E), dated 12th January, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number...

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NC Notification No. 68/2010-Income Tax Dated 21/7/2010

NC Notification No. 68/2010-Income Tax (21/07/2010)

NC Notification No. 68/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1501(E), dated 7th September, 2007, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial numb...

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NC Notification No. 67/2010-Income Tax Dated 21/7/2010

NC Notification No. 67/2010-Income Tax (21/07/2010)

NC Notification No. 67/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.471(E), dated the 26th May, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had ...

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NC Notification No. 66/2010-Income Tax Dated 21/7/2010

NC Notification No. 66/2010-Income Tax (21/07/2010)

NC Notification No. 66/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1794(E), dated 23rd October, 2007, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial numbe...

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NC Notification No. 65/2010-Income Tax Dated 21/7/2010

NC Notification No. 65/2010-Income Tax (21/07/2010)

NC Notification No. 65/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 81(E), dated the 24th January, 2005, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government ...

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NC Notification No. 64/2010-Income Tax Dated 21/7/2010

NC Notification No. 64/2010-Income Tax (21/07/2010)

NC Notification No. 64/2010-Income Tax WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.713(E), dated the 8th August, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government h...

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