Month: May 2012
508 articlesIncome 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
Notification No. 32/2012-Income Tax Dated 7/5/2012
DGFT

DGFT
EOUs cannot supply marble in Domestic Tariff Area
Finance

Finance
