Day: December 13, 2011
20 articlesCA, CS, CMA

CA, CS, CMA
ICAI – Clarification for reckoning the “specified number of tax audit assignments” conducted under section 44AB of the Income-tax Act, 1961
Income Tax

Income Tax
Receipt of share application monies in cash did not amount to acceptance of loan or deposit by the company
CA, CS, CMA

CA, CS, CMA
CA body asks the government to allow losses from forex rate fluctuations to be amortised over a longer period
Income Tax

Income Tax
ITAT may dismiss appeal for non attendance by the Assessee
Fema / RBI
Fema / RBI
Compounding of Contraventions under FEMA, 1999 – A.P. (DIR Series) Circular No.57
Income Tax

Income Tax
Tribunal may allow additional documents to be produced or witness to be examined or affidavit to be filed or may allow such evidence to be produced
SEBI

SEBI
Revised format of Monthly Cumulative Report (MCR) incorporating investments in Infrastructure Debt Fund
Fema / RBI
Fema / RBI
RBI is Closely Monitoring the Rupee Situation and will Do the Needful as Required,Says FM
CA, CS, CMA

CA, CS, CMA
ICAI launches Self-Assessment Quiz for Common Proficiency Test (CPT)
CA, CS, CMA

CA, CS, CMA
ICAI launches e-Learning Module on “Financial Analysis using MS-Excel 2010" for students
Income Tax

Income Tax
Entitlement of assessee of any deduction cannot depend on existence or absence of such entries in the books of accounts
Income Tax

Income Tax
HC upheld Application of GP on unaccounted sales to make additions
Income Tax

Income Tax
If assessee have enough interest Free Fund, No interest amount can be disallowed for amount advanced to sister concerns
Income Tax

Income Tax
