Day: October 10, 2010
17 articlesIncome Tax

Income Tax
Pune Trust Loses Charitable Status after Taking Donations
Finance

Finance
Department of Telecom appointed auditor of RCom seeks protection
CA, CS, CMA
CA, CS, CMA
CA’s office in Anandnagar burgled
Company Law

Company Law
Creation of NCLT and NCAT with power & jurisdiction of High Court not unconstitutional
Income Tax

Income Tax
If the funds of the business are parked for safe keeping or with a view to earn interest income de-hors the business activity, the interest resulting there from cannot assume the character of business income but it would fall under the head "income from other sources"
Income Tax

Income Tax
It is not any and every material, howsoever, vague and indefinite or distant, remote or far-fetched, which would warrant formation of belief relating to escapement of income of assessment
Income Tax

Income Tax
Compensation from former employer for not carrying on business is not profits in lieu of salary
Company Law

Company Law
Breach of contract would not constitute ingredients of a complaint under sections 397,398, 402 & 403 of Companies Act, 1956
Income Tax

Income Tax
When Commissioner as Revisional Authority u/s.263 seeks to exercise his jurisdiction on matters which did not form subject of order of reassessment, period of limitation would begin to run from original order of assessment
Income Tax

Income Tax
