Month: October 2011
390 articlesCorporate Law

Corporate Law
Govt committed to make RTI more effective – PM
Corporate Law

Corporate Law
RBI raises per transaction limit to 3,000 USD for exporters, Paypal transaction limit too increased
Income Tax

Income Tax
CBDT to focus on high profit-making segments of the economy to achieve tax collection target
Goods and Services Tax

Goods and Services Tax
States to impose VAT on textiles and sugar next year onwards
Income Tax

Income Tax
Nature of expense not changes due to treatment of same in books of account
Income Tax

Income Tax
Payment of statutory liabilities/miscellaneous expenses, etc made by the assessee to the C & F agency not covered u/s 194C
Income Tax

Income Tax
HC rules on the meaning of full value when assets attached with liabilities are received by shareholders as proceeds from liquidation
Income Tax

Income Tax
Section 40 (a) (ia) applies even in respect of amount paid & not merely payable to contractors
Income Tax

Income Tax
Stamp duty paid during the course of amalgamation and compensation paid to employees under VRS scheme is deductible as revenue expense
Income Tax

Income Tax
Assessee not eligible for deduction u/s. 80RRA if the technical services provided by the assessee are not approved by the Govt.
Income Tax

Income Tax
Payment made by the assessee to the society as society maintenance expenses are not covered under section 194C
Income Tax

Income Tax
Assessee not eligible for deduction u/s 80IB on the amount disallowed by AO due to delayed payment of employee’s contribution of P.F
Income Tax

Income Tax
When assessee has given his address in the e-return and the AO has also given TDS credit on the same, AO is not right in serving notice u/s 143(2) by affixting the same on some other address
Income Tax

Income Tax
