Day: October 28, 2011
13 articlesService Tax

Service Tax
Draft Circular on Refunds in Service Tax ; Problems faced by exporters in availing refund of excess credit
Service Tax

Service Tax
CBI Arrests an Assistant PF Commissioner, Enforcement Officer and a Supdt. of Central Excise in Separate Bribery Cases
Company Law

Company Law
Companies (Dematerialization of Certificates) Rules, 2011
Company Law

Company Law
MCA withdrawn draft of Companies (Dematerialization of Certificates) Rules, 2011
Income Tax

Income Tax
No interest levy despite short deduction of taxes if reasons are bona fide and the shortfall is nominal
Income Tax

Income Tax
Transfers & Postings of Commissioners & Directors of Income-tax – Order No. 176 of 2011
Finance

Finance
Government E-Payment System to be Inaugurated; will Bring Transparency; Facilitate Paperless Transaction and Reduce Overall Transaction Cost
Fema / RBI
Fema / RBI
RBI asks NBFCs to take step to Implement Green Initiative
Fema / RBI
Fema / RBI
KYC Guidelines – AML Standards -Prevention of Money Laundering Act, 2002 – Obligations of NBFCs – Revised Reporting Format
Custom Duty

Custom Duty
Amends Notification No.68/2011-Customs(N.T.) dated the 22nd September related to changes in all Industry Rates of Duty Drawback, 2011-12
Income Tax

Income Tax
Transfer Pricing- Excess Earnings Method (EEM), is appropriate method to determine arm’s length price of transaction of sale of Intangible Property and the method construes Comparable Uncontrolled Price (CUP) method
Income Tax

Income Tax
Markup on costs incurred is not an arm’s length remuneration for sourcing support service and the taxpayer should be compensated on the basis of value of the goods sourced through it
Income Tax

Income Tax
