What are the passing requirements for PCE/IPCE/Final exam? a) A candidate shall ordinarily be declared to have passed in both the groups simultaneously, if he-(i) secures at one sitting a minimum of 40% marks in each paper of each of the groups and minimum of 50% marks in the aggregate of all the papers of each of the groups; or (ii) secures at one sitting a m
The cost of the Information Brochure which also contains the application form for the CPT to be held on 18th December 2011 (paper pencil mode) is as follows. ( This includes the cost of the application form and the Information Brochure which is Rs 500/- and the examination fee which is Rs.500/-).
related to Compliance of the provisions of Companies Act, 1956 and Rules made thereunder effective from 25th September, 2011
Centralized Processing Center (CPC), Bangalore has been actively processing of returns for AY 2010-11. The statistics for AY 2009-10, AY 2010-11 and 2011-12 are (as of 7th September,2011)- AY09-10 AY10-11 AY11-12 No. of returns processed (Nos lakhs) 43.5 71.9 5.2 No. of refunds generated (Nos lakhs) 12.4 26.4 1.4 Refund reprocessing requests processed (Nos.) 56,707 […]
International companies are answerable to Indian consumer courts for service deficiency, the Supreme Court has ruled, upholding the apex consumer forum’s direction to a Lebanese international courier company to pay 71,615.75 US dollars compensation to a Mumbai-based firm. A bench of justices G S Singhvi and H L Dattu said in a judgement that consumers within the definition of the Consumers Protection Act(CP) can avail remedy for deficiency in service from both consumer fora and regular courts.
The Government has decided to lift the ban on the export of onions. Onions can now be exported subject to a Minimum Export Price (MEP) of US$ 475 per tonne. This is exactly the position that was prevailing on 8th September 2011, immediately before the ban on the export of onions was imposed on 9th September 2011.
Income tax on Lottery winnings are specified under the Income Tax Act, 1961. It stipulates that an individual’s income tax on lottery winnings and other sources of income like crossword puzzles or races like horse racing that are of gambling or betting nature games will be taxed according to the following norms. 1. The earning […]
ORDER NO. 8/FT&TR/2011 [F.NO. 500/15/2011-FT&TR-I], DATED 16-9-2011 -In partial modification of Order No. 4/FT&TR/2011, dated 23-5-2011 and in exercise of powers conferred under section 144C of the Income-tax Act, 1961, the Board hereby constitutes the Dispute Resolution Panel (DRP) comprising of three Commissioners of Income-tax/Directors of Income-tax as Members of DRP-I, Mumbai, who shall perform such duties in addition to their regular duties with immediate effect and until further order:
