Month: August 2012
359 articlesCompany Law

Company Law
General Circular No. 24/2012, dated 09/08/2012
Income Tax

Income Tax
Actual premium paid upon redemption of debentures is revenue expenditure
Income Tax

Income Tax
Mere fact that the asset purchased had been leased back & vendor had undertaken to pay lease charges can not per se lead to the conclusion that transaction is sham
Company Law

Company Law
Striking off of a company can only be done on companies own admission that it is defunct
Income Tax

Income Tax
Non compete fees for giving up right to carry on business is taxable as business income
Custom Duty

Custom Duty
Notification No. 68/2012-Customs (N.T.), Dated: 08.08.2012
CA, CS, CMA
CA, CS, CMA
Exemption to CA Intermediate Qualified Students from appearing in Foundation Course Examination of CMA exams
Income Tax

Income Tax
Entire unaccounted sales cannot be undisclosed income of assessee if Purchase is duly accounted
Income Tax

Income Tax
Mere suppression of turnover do not lead to taxable income in the head of Assessee
Custom Duty

Custom Duty
