Month: July 2011
584 articlesIncome Tax
Income Tax
S. 40(b) Interest on deposits for availing bank guarantee is business income
Income Tax
Income Tax
Reasons are required to be recorded by the AO on valid material and an assessment cannot be reopened on mere assumptions
Income Tax
Income Tax
For the levy of FBT, the application of s 115WC(2)(b) cannot be restricted only to the business relating to civil construction and it will cover the business activity of the assessee carried on
Income Tax
Income Tax
Depreciation on pre-operative expenses allocated to fixed assets is allowable under s 32 since expenses were incurred for setting up of fixed assets during the trial run
Income Tax
Income Tax
Only profit on the sale of the licence should be chargeable to tax under s 28(iiia) and not the profit which may come in the future on the sale of the licence
Finance
Finance
Lokpal Bill government’s top priority,will be introduced in Lok Sabha by 3rd August 2011
Income Tax
Income Tax
Income arising to foreign company by way of fees for technical services – Notified foreign company – EADS Deutschland GmbH, Germany notified u/s 10(6C) of The Income Tax Act
SEBI
SEBI
Sebi approves uniform customer identification process for investors in different segments
Finance
Finance
CBI arrests a DGM of NBCC in a bribery case
Custom Duty
Custom Duty
