Day: January 8, 2012
9 articlesIncome Tax

Income Tax
Royalty payment approved by RBI under FERA, 1973 considered adequate approval as per Industrial policy of the Government of India
Income Tax

Income Tax
Outsourcing no legal bar to section 10B exemption
Income Tax

Income Tax
Non-prospecting related expenditure incurred prior to commencement of mining is deductible u/s. 37 of the Income-tax Act
Income Tax

Income Tax
Non-compete fees accrues on the appointed date of the Scheme and not in the year of approval
CA, CS, CMA

CA, CS, CMA
Company Secretaries (Amendment) Act, 2011- (No. 4 of 2012)
Excise Duty

Excise Duty
Excise Department superintendent and middleman sent to CBI custody for 3 more days
Income Tax

Income Tax
FM meets CBDT, CBEC offcials and asks to focus on collection of arrears to maximise the revenue collection
Income Tax

Income Tax
Sanction of CIT instead of JCIT renders reopening u/s. 147 of Income Tax Act invalid
CA, CS, CMA

CA, CS, CMA
