Day: June 30, 2011
34 articlesIncome Tax

Income Tax
Excise duty element cannot be added to value of unsold sugar lying in stock on last day of accounting year under section 145A
Income Tax

Income Tax
Assessee, who merely acted as dealer in sale of Microsoft products, not liable to deduct tax
Excise Duty

Excise Duty
Prescribes simplified form for quarterly return of excisable goods cleared @ 1% Excise duty
Fema / RBI
Fema / RBI
SARFAESI – Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003
Fema / RBI
Fema / RBI
SARFAESI – Notification on Change in or Take Over of the Management of the Business of the Borrower by Securitisation Companies and Reconstruction Companies (Reserve Bank)
Fema / RBI
Fema / RBI
NBFCs – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977
Fema / RBI
Fema / RBI
Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007
Income Tax

Income Tax
No penalty If facts clearly disclosed in Income Tax Return
Income Tax

Income Tax
Disallowance for diverting interest bearing funds into tax-free income
Income Tax

Income Tax
Transfer Pricing – Disallowance of costs on ground that associated enterprises also benefited not permissible
Company Law

Company Law
Cost Audit Order dated 30th June 2011 in modification of Order dated 3rd May 2011
Finance

Finance
FB to launch Facebook Credits for Indian users from July 1
Finance

Finance
Salient Features of New all India Time Table ‘Trains at a Glance’ – New Time Table Comes into Effect from 1st July 2011
Income Tax

Income Tax
