The Supreme Court has issued a notice to Moser Baer India Ltd on why it should not be asked to pay income tax to the tune of Rs 2,978 crore.A Bench headed by Justice S H Kapadia sought the reply from the manufacturer of computer-related products, including floppies and compact discs, on the income tax […]
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The cash reward scheme for officers of the Investigating Wing of the Income Tax Department is bad in law and ultra vires the Constitution, the Kolkata Bench of the Central Administrative Tribunal has held.
Foreign companies cannot be discriminated vis-a-vis Indian firms so far as capital gains tax on securities transaction is concerned, according to an order by the Authority for Advance Rulings (AAR). Giving its ruling in a case related to UK-based Fujitsu Services, AAR said the company should also be given an option of paying tax at […]
The Government has said that the appointment of statutory auditor is made by the shareholders of a company in its annual general meeting and that it has no proposal to have the statutory auditors appointed by a Regulatory Authority in respect of listed companies. Giving this information in the Lok Sabha today in a written […]
THE Ministry of Corporate Affairs wants other ministries, state governments and sectoral regulators to recognise limited liability partnerships (LLP) after over 100 entities registered under the LLP Act enacted last year.The ministry will write to all departments and regulators concerned to align their respective norms as per the new business structure, an official in the […]
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BOS/Announcement/227/09, Dated: August 10, 2009 An Important Announcement for Students of Professional Education Examination- II – Extension of PE-II Examination by two more attempts i.e. November, 2009 and May, 2010 Students are hereby informed that the Council of the Institute of Chartered Accountants of India, having due regard to the concerns of students belonging to […]
I New firms to be empanelled from the list of audit firms whose Chartered Accountants should have Diploma in Information and System Accounting (DISA) qualification. II Selection for new audit firms to be made only from category III and from category IV SP upto 20% of the total requirement in respect of vacancies.
Re: Election 2009 Inclusion of Internet/E-mail address in the List of Voters As you may be aware, the next Elections to the Council and Regional Councils are scheduled to be held in the month of December 2009. For the purpose, a List of Voters as on 01.04.2009 is under preparation. As per Rule 6 read with clause […]
