The Income Tax department has summoned some high-networth individuals (HNIs), who were allegedly duped in Rs 400 crore fraud at Citibank, to obtain details of their investments and tax payments. Sources familiar with the development said the departme
To crack down on black money, the revenue department is contemplating a scheme to unearth such funds. The options under consideration include a tax amnesty scheme to get back ill-gotten wealth parked overseas.While I-T officials said that a scheme to
Learned CIT(A) erred in not directing the AO to unconditionally grant full tax credit to the appellant f or the taxes deducted at source by Reliance Infocomm Limited of Rs 24,41,58,046 and, consequently, grant refund of the said amount as the entire addition made by the AO was deleted by the CIT(A). – learned CIT(A) erred in not directing the AO to unconditionally grant credit, and, consequently, refund for a sum of Rs. 21,26,74,006, being the TDS deducted by the payer, in respect of which the original TDS certificates were submitted by your appellant with the AO during the course of assessment proceedings.
NOTIFICATION FINANCE DEPARTMENT Mantralaya, Mumbai 400 032 dated the 20th December, 2010 (M.G.G. Extraordinary No. 175, Part IV-B, at Page No, 2, dated the 20th December, 2010) Maharashtra Value Added Tax Rules, 2005 No. VAT.1510/CR.165/Taxation-l- In pursuance of the powers conferred by clause (a) of rule 45A of the Maharashtra Value Added Tax Rules ,2005 […]
NOTIFICATION FINANCE DEPARTMENT Mantralaya, Mumbai 400 032, dated the 20th December 2010 (M.G.G. Extraordinary No, 176, Part 1V-B, at Page No. 3, dated the 20th December, 2010) Maharashtra Value Added Tax Act, 2002 No.VAT.1510/CR.109-A/Taxation-l.-Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend, the […]
A cheque issued by and signed by any other person other than the first holder of the investment is a third-party cheque. When a payment is made from a bank account that is not held by the beneficiary investor, that is, the first Holder or the sole Ho
Market regulator Sebi today refused to stay proceedings against Price Waterhouse (PW) partners S Gopalakrishan and Srinivas Talluri for their alleged involvement in the Satyam fraud case and asked them to appear before it on February 5.
As per the decision of the Council, top 10 rank holders of the Professional Competence Examination (PCE)/ Integrated Professional Competence Examination (IPCE) and Final Examination effective from November, 2010 examination onwards are exempted from
