Day: January 16, 2011
39 articlesFema / RBI
Fema / RBI
Some banks not monitoring use of loans- RBI
Fema / RBI
Fema / RBI
Citibank fraud – RBI probes possible violation of KYC, STR norms
CA, CS, CMA
CA, CS, CMA
Empanelment with Navodaya Vidyalaya Samiti of CA Firms for Internal Audit Work
Income Tax

Income Tax
Depreciation allowable on Assets forming part of Block of Assets even if same not used during the year
Income Tax

Income Tax
Even if commercial transaction is at arms’ length, debt overdue for long period attracts transfer pricing interest
Income Tax

Income Tax
No Disallowance u/s. 14A of interest on borrowed funds if AO does not show nexus between borrowed funds and tax-free investment
Income Tax

Income Tax
Exception provided in both the provisos of s. 92C(2) with regard to the +/- 5 Percent variation applies only when more than one price is determined
Income Tax

Income Tax
Minor irregularities (non-production of vouchers) cannot be a ground for rejection of renewal of recognition of a charitable trust under section 80G
Income Tax

Income Tax
A computer software when put into a media and sold, it becomes goods like any other audio cassette
Income Tax

Income Tax
