Month: July 2011
584 articlesIncome Tax

Income Tax
For deriving the benefit of section 22, the occupier and the owner must be the same person and hence the benefits are not available to partners if the occupant is firm
Fema / RBI
Fema / RBI
RBI- Branch Authorization Policy – Opening of branches in unbanked rural centres
Fema / RBI
Fema / RBI
Regularization of Liaison / Branch Offices of foreign entities established during the pre-FEMA period
Custom Duty

Custom Duty
Amends Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001 vide Notification No. 47/2011-CUSTOMS (N. T.)
Excise Duty

Excise Duty
SC asks CBDT and CBEC to draft uniform policy on appeals in lost cases
Income Tax

Income Tax
Despite Less than 30 day Holding, Share Gain is STCG & not Business Profit
Excise Duty

Excise Duty
Transferred Officers not Relieved – CBEC viewed non-compliance of its orders very seriously
Income Tax

Income Tax
Foreign travel expenditure of the spouse of the Managing Director, pursuant to the board resolution, is allowable as business expenditure
Finance

Finance
Government Together With RBI to Take all Appropriate Steps to Reduce Inflation to a Comfortable Level – FM
Income Tax

Income Tax
