Month: June 2011
633 articlesGoods and Services Tax
Goods and Services Tax
Maharashtra govt reduces Vat on diesel, kerosene
Income Tax
Income Tax
$2.6 bn tax on deal with Hutchison unfair – Vodafone CFO
Income Tax
Income Tax
India negotiating changes in DTAA with Mauritius – Pranab Mukherjee
Fema / RBI
Fema / RBI
Efficacy of Concurrent Audit – CAs to verify the authenticity of property valuation certificate, legal certificate, guarantee/line of credit or any other third party certification
Fema / RBI
Fema / RBI
RBI extends time limit for buyback of Foreign Currency Convertible Bonds (FCCBs)
Fema / RBI
Fema / RBI
RBI allows issue of shares under FDI scheme under the Government route
CA, CS, CMA
CA, CS, CMA
ICAI President's Message – July 2011
Income Tax
Income Tax
S. 194C(2) No TDS on freight paid to lorry owners who merely placed the vehicles at assessee disposal & never involved themselves in work to be carried out by assessee for FCI
Income Tax
Income Tax
Expenses incurred on recruitment and training of employees can not be held capital merely because assessee may earn benefits of enduring nature
Income Tax
Income Tax
When the issue of siphoning off of funds is settled by the CIT(A), review proceedings u/s 263 cannot be initiated
Income Tax
Income Tax
FBT is payable even in the absence of any taxable income
Income Tax
Income Tax
When assessee submits the relevant details in respect of share application money such as PAN Number, confirmation and the bank particulars it can be said that the assessee has discharged its burden
Income Tax
Income Tax
S. 263 CIT not permitted to substitute his views with AOs view about computation of income
Income Tax
Income Tax
