Day: January 25, 2011
21 articlesIncome Tax

Income Tax
Declaration U/s. 158A not provide any immunity from payment of tax due
Income Tax

Income Tax
Advance tax is payable in case of companies liable to pay tax on book profits
Income Tax

Income Tax
Deduction claimed u/s, 80-IA not to be reduced from the profits of business while computing deduction under section 80HH
Income Tax

Income Tax
Provision for bad and doubtful debts which was not allowed in full in assessment cannot be taxed as income of the year o
Income Tax

Income Tax
Tax holiday not available to a foreign branch carrying on-site software development and full-fledged marketing operation
Income Tax

Income Tax
Profits from off-shore supply of equipment would not be taxable if transfer of title to purchaser takes place abroad- De
Income Tax

Income Tax
Repairs and mobilization of rigs not to be included for the purpose of calculating 120 days to constitute an installatio
Income Tax

Income Tax
Application by the taxpayer to seek normal appellate remedy does not tantamount to withdrawal of DRP application
Fema / RBI
Fema / RBI
FEMA- Participation by Full Fledged Money Changers (FFMCs) and Authorised Dealers Category-II (ADs Category-II) in the Currency Futures and the Exchange traded Currency
Fema / RBI
Fema / RBI
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Fema / RBI
Fema / RBI
Standing Liquidity Facilities for Banks and Primary Dealers
Service Tax

Service Tax
Service Tax on recipient of service from abroad applicable only with effect from 18.04.2006
CA, CS, CMA

CA, CS, CMA
Announcement – Last date for submission of physical/on-line forms for PCE, IPCE and Final Examinations – May 2011
Fema / RBI
Fema / RBI
