Day: August 2, 2012
13 articlesCompany Law

Company Law
General Circular No. 21/2012, dated 02/08/2012
Income Tax

Income Tax
Assessment can’t be held void if search warrant issued in joint names
Income Tax

Income Tax
Income from sale of Government Securities is ‘capital gains’, not ‘interest’ under DTAA
Income Tax

Income Tax
Business loss can be set off against taxable under other head if such income can be attributed to a business activity
Income Tax

Income Tax
S. 220 (2) When matter is remanded, interest to be charged from date of fresh demand notice
Goods and Services Tax

Goods and Services Tax
Profession Tax – Extension of Due date of payment of tax by persons enrolled on or before 31 May 2012
Income Tax

Income Tax
Expl. to s. 73 does not operate in respect of a company whose gross total income consists mainly of income which is chargeable under the heads of interest on securities, income from house property, capital gains & other sources
Company Law

Company Law
Due Date for eform 23 AC & 23ACA for F.Y. 2011-2012 extended
CA, CS, CMA

CA, CS, CMA
PCC & IPCC May 2012 examination result likely on 7th August, 2012
SEBI

SEBI
SEBI simplifies DMA facility for institutional investors
SEBI

SEBI
SEBI – Activation of ISIN in case of additional issue of shares/ securities
Income Tax

Income Tax
No Addition u/s 68 for share application money received in bank if assessee establishes identity of share applicants
Income Tax

Income Tax
