Day: December 11, 2011
19 articlesIncome Tax

Income Tax
Income-tax Act Benefit u/s. 47(xiv) of the cannot be denied in case there is a delay in allotment of shares to the proprietor on conversion of a proprietary concern into a company
Income Tax

Income Tax
Section 54F Exemption available even if investment is made under joint name with spouse
Income Tax

Income Tax
Sale of Software without granting right to duplicate, amounts to sale of copyrighted article and not the transfer of copyright and therefore not taxable as ‘Royalty’
Income Tax

Income Tax
No functions, assets and risks analysis is required before AY 2002-03 for determination of profits attributable to dependent agent permanent establishment; no further attribution if dependent agent paid arm’s length commission
Income Tax

Income Tax
TPO cannot take cognisance suo moto of any international transaction for adjustment in ALP
Income Tax

Income Tax
Payments received by a non-resident for Value Added Services (VAS) is partly treated as ‘Royalty’ and partly as ‘Fees for Technical Services’ under India-UK tax treaty
Finance

Finance
National Savings Certificates-IX Issued specified as class of Savings Certificates to which Government Savings Certificates Act, 1959 will apply
Excise Duty

Excise Duty
Indirect tax collection rises 16.8 percent during the first eight months of the current fiscal
Income Tax

Income Tax
Taxes paid by the employer is treated as perquisites included in the salary and cannot be consider monetary payment to employee
Fema / RBI
Fema / RBI
Delhi HC stays CIC Order asking RBI to reveal name of defaulters
Income Tax

Income Tax
Voluminous info received on black money, informs IT Dept
Income Tax

Income Tax
Instructions regarding strict compliance of Rule 3(2)(ii) to (iv) of CCS (Conduct) Rules in respect of directions issued by superior officers to their subordinate officers
CA, CS, CMA

CA, CS, CMA
ICSI Foundation Day Celebrations Vision of Professional Body Like The ICSI and its Members Should Capture Expectations of its Various Stakeholders-RPN Singh
Income Tax

Income Tax
