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Archive: 12 November 2012

Posts in 12 November 2012

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 2040 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 4008 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

DGFT – Bank Guarantee to be executed by surety Bank (Guarantor)

November 12, 2012 513 Views 0 comment Print

The Bank Guarantee / Legal Agreement is to be executed by the surety Bank (Guarantor)/ importer/exporter (party) on a non-judicial stamp paper an amount as may be prescribed by the concerned State Government under the Indian Stamp Act, 1899 or State act, as the case may be

Relaxation in ECB Policy for Upcoming 2G Spectrum Auction

November 12, 2012 1565 Views 0 comment Print

The External Commercial Borrowing (ECB) Policy is reviewed periodically by the Government in consultation with RBI keeping in view the evolving macro economic situation, external sector assessment, needs of the corporate sector and sectoral requirements.

Protocol Amending DTAA between UK, Ireland & India

November 12, 2012 2811 Views 0 comment Print

Desiring to amend the Convention between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains signed at New Delhi on 25 January 1993 (hereinafter referred to as the Convention),

Various aspects of Corporate Social Responsibility; a Quintessence of Business Activity

November 12, 2012 11674 Views 0 comment Print

Wealth Creation has been a predominant culture of the businesses traditionally. But the formation of transnational corporations has given this view point a new and wider dimension. And that is the social responsibility of the business entities. Creating values should be the prime focus of the corporations rather than creating money only.

Now Submission of Certified Tax Audit Report with ITR is Must

November 12, 2012 10382 Views 8 comments Print

The Income Tax E filling website has undergone massive changes last week. The site has been modernized with growing need of Industry and professionals. The most important change is addition of professional window for chartered accountants. Till today, we have to file all income tax returns and related submissions like 154 through user account of concerned tax payer.

Features of Improved Income Tax e-filing website

November 12, 2012 4519 Views 3 comments Print

The Renewed and Improved Website of the IT Dept for the E-filing of the IT returns – www.incometaxindiaefiling.gov.in is ready to use –

Services in relation to storage of input outside factory are not input services

November 12, 2012 1598 Views 0 comment Print

Ammonia is imported by the appellant and after goods are cleared from the port and the goods are delivered to the appellants. Procurement of the input is over after taking delivery of the goods. Thereafter appellants are eligible for credit of service tax paid on inward transportation of the inputs as per definitions of the input service.

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