Month: May 2012
508 articlesIncome Tax
Income Tax
Withdrawal of TDS on purchase of Immovable Property
Income Tax
Income Tax
LTCG from sale of unlisted securities in case of NR / Private Equity Investors, to be taxed at 10%
Income Tax
Income Tax
Lower rate of withholding tax of 5% on fund augmented from foreign borrowings extends to all businesses
Finance
Finance
FM Budget speech on Finance Bill, 2012
Goods and Services Tax
Goods and Services Tax
DVAT – Notification dated 23.03.2012 applicable only for movement of goods in pursuance of interstate sale, stock transfer & export
CA, CS, CMA
CA, CS, CMA
ICAI found irregularities in operations of MNC Audit firms
Income Tax
Income Tax
Exemption to notified class of investors from tax on consideration received by a closely held company in excess of the fair market value of its shares
Income Tax
Income Tax
Addition made In absence of plausible explanation in respect of unaccounted sales is justified
Fema / RBI
Fema / RBI
Foreign exchange remittance limit for miscellaneous purposes without documentation raised to USD 25000
Fema / RBI
Fema / RBI
Transfer of Funds from NRO account to Non- Resident External Account
Fema / RBI
Fema / RBI
ECB Policy – Utilisation of ECB Proceeds for Rupee Expenditure
Income Tax
Income Tax
A.O. cannot ask Assessee to prove source of source if he do not have any material to prove non-genuineness
DGFT
DGFT
5 new items of import & 7 new items of export added to list of tradable items under Indo – China Border Trade
Income Tax
Income Tax
