Dear Corporate Taxpayer, Please note that the due date of filing of I-T returns for corporate taxpayers is 30th September, 2010 for AY 2010-11. In case you have not already E-filed your I-T return, please do so immediately without waiting till the last minute. Since the prior registration of the DSC is a pre-requisite before […]
The new Companies Bill could contain a provision that will make auditors compensate retail investors in cases of corporate fraud, a measure aimed at bringing in more accountability into audit profession.
Tax officials are scrutinising other cross-border mergers like the Vodafone-Hutchison deal for possible tax evasion after the Bombay High Court rejected a petition against imposition of tax on the deal, a key finance ministry official said on Moday.
The Finance Ministry today said safe harbour rules — a set of norms that would enable the income tax (I-T) authorities to accept without scrutiny the tax returns by the Indian units of foreign companies — would be soon put in place. “Safe harbour
The CBI, probing the about Rs 14,000-crore accounting scam in IT firm Satyam Computers today completed its arguments on the charges to be framed against 10 accused in the case. CBI’s Special Public Prosecutor K Surendra who had last week begun argume
With International Financial Reporting Standards (IFRS) to be made mandatory from April 1 next year, the Institute of Chartered Accountants of India and National Advisory Committee on Accounting Standards have drawn up all but three standards to be f
Proposing a major relaxation in a 12-year FDI rule, the Industry Ministry today made a case for allowing foreign investors to bring in fresh money and technology to India irrespective of the impact on local partners in any existing joint venture.
The government has decided to cap the number of national commodity exchanges at eight to foster sustained growth of the commodity futures market. “The Consumer Affairs Ministry in consultation with the sector regulator FMC has decided to allow only e
Shri Anand Sharma, Union Minister for Commerce & Industry today flagged off the implementation of the Coffee Debt Relief Package, 2010 by distributing the first batch of certificates to those small coffee growers whose loans have been waived under th
Securities and Exchange Board of India Letter No. CFD/DCR/IG/DMS/19409/10 dated 9-9-2010 This has reference to your letter dated July 7, 2010 in the captioned matter. In your letter under reference, you have, inter alia, represented as follows:- a) The promoter shareholding in M/s Kamdhenu Ispat Limited (KIL) as on March 31, 2010 stands at 54.97% […]
