Day: June 20, 2011
27 articlesIncome Tax
Income Tax
No income tax on amount received to meet the cost of Annual medical check-ups
Income Tax
Income Tax
I-T Dept begins countrywide investigation of charitable and religious trusts, who violated tax exemption rules
Income Tax
Income Tax
Foreign assets kept with Swiss banks came down by about Rs 5,00,000 crore
Corporate Law
Corporate Law
FDI in retail – States permission must to open stores
DGFT
DGFT
DGFT – Cotton exporters to face penal action if fail to ship in time
Finance
Finance
PSU banks should be made to bid for surplus funds with the state-owned firms- DPE
Finance
Finance
Govt may allow foreign individuals to invest USD 10 bn in Mutual Funds
Income Tax
Income Tax
If assessee opts not to claim exemption under s 10A(8) in one year, it cannot be denied exemption in future provided it fulfils all the conditions of s 10A
Income Tax
Income Tax
Expenditure incurred by assessee for obtaining CNG connection to facilitate process of manufacturing is revenue in nature even when payment was made as capital contribution
Service Tax
Service Tax
Service tax – Benefit of reduced penalty of 25% in appeal cases
Income Tax
Income Tax
Assessee entitled to deduction u/s 80IB(10) for residential cum commercial building approved by the local authority before insertion of clause (d) in s. 80-IB(10) w.e.f. 1st April, 2005 which is prospective and not retrospective
Corporate Law
Corporate Law
Micro Finance Institutions (Development and Regulation) Bill, 2011
Income Tax
Income Tax
