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Acquirer has a right to protect his investment/business from competition by a seller of the business

September 17, 2009 567 Views 0 comment Print

In a blow to the Securities and Exchange Board of India (Sebi), the Securities Appellate Tribunal (SAT) has set aside the former’s ruling in the case of Tata Tea, wherein Sebi had asked the company to pay non-compete fees to all shareholders of Mount Everest Mineral Water.Tata Tea had acquired Mount Everest in 2007, buying […]

ICAI asked for suggestions/views/comments on Companies Bill, 2009

September 17, 2009 507 Views 0 comment Print

    Dear Member, Sub: Companies Bill, 2009 As you are aware, the Companies Bill, 2009 has been introduced in Lok Sabha on 3rd August, 2009. The new Bill proposes to open up new avenues for the professionals especially Chartered Accountants and at the same time casts a lot of responsibility on them for conduct […]

Complain to SEBI must contain person sought to be arraigned was in charge of the affairs of the company

September 15, 2009 786 Views 0 comment Print

SUMMARY OF CASE LAW Mere allegations contained in a line or two against the directors without specifying the violative act committed by any of the directors would not suffice to make the directors offenders so as to summon them for the offences under SEBI Act; mere bald averments in the complaint do not make the […]

SEBI appointed committee recommended limiting the period for participation by QIBs in the IPO to 2 or 3 days

September 12, 2009 531 Views 0 comment Print

SEBI appointed committee recommended limiting the period for participation by QIBs in the IPO to 2 or 3 days

Download Examination form for CPT, PE -II, PCE, IPCE and CA final Examination conducted by ICAI

September 5, 2009 42080 Views 91 comments Print

Those who are looking to fill examination form for the CPT, PE -II, PCE, IPCE and CA final Examination conducted by ICAI can now download the form from the following website http://icaiexam.icai.org/

SEBI reviewing timeline for converting the prefrence warrant into shares and upfront magin to be paid

August 21, 2009 999 Views 0 comment Print

Norms for preferential allotment of equity warrants are learnt to be back under the regulatory scanner, following complaints from institutional investors that this instrument is being misused by promoters.

CPT Online Examination / Registration / Eligibility / last date & Center announced

July 11, 2009 42659 Views 0 comment Print

Applications for admission to Common Proficiency Test (Paper-Pencil Mode) is required to be made on the relevant prescribed form as contained in the Information Brochure, which may be obtained from the Additional Secretary (Examinations),

Income Tax Rates for Individual, HUF, Women, Senior Citizen for A.Y. 2010-11

July 7, 2009 84338 Views 0 comment Print

New Income Tax Rate slabs for Individual, HUF, Women, Senior Citizen for A.Y. 2010-11 & F.Y. 2009-2010 Basic exemption for individual tax payers was increased by Rs 10,000 for general tax payers and women and Rs 15,000 for senior citizens (i.e. 65 years and above) by the finance minister on Monday. The current income tax exemption […]

New Profession Tax Rates in Maharashtra & Provisions

June 18, 2009 497998 Views 244 comments Print

Profession Tax in Maharashtra – In Maharashtra (Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975), Profession Tax is applicable both on Individuals & Organizations (Company, Firm, Proprietary Concern, Hindu Undivided Family (HUF), Society, Club, Association Of Persons, Corporation or any other corporate body in Maharashtra per the provisions of the Maharashtra Professional Tax Act of 1975.

Excise Forms in Excel and Word format

May 15, 2009 460326 Views 208 comments Print

I have uploaded all the forms on Excise Duty applicable as on date in Excel and Word Format. The formats of form are taken from www. cbec.gov. in. Taxguru is the only site where all the forms are available in Word/Excel Format as all other websites provide in PDF format.

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