UPDATES FROM TAX GURU 12.05.2009

UPDATES FROM TAX GURU CBDT POSTPONED PAYMENT OF TDS IN FORM NO. 17 TO 1ST JULY 2009 The Central Board of Direct Taxes have decided to defer the implementation of Notification No.31/2009 dated 25.3.2009 amending or substituting Rules 30, 31, 31A and 31AA of the Income Tax Rules, 1962.............. Now Expect Income Tax Refund in Four Months Individual and small corporate taxpayers will get income or corporate tax refunds in four months, with the refund banker scheme spreading across the country soon. The refunds, arising out of tax... Bombay HC dismissed the SABMiller writ petition on the ground of decision in Vodafone Citing the Supreme Court order in the Vodafone case, the Bombay High Court today dismissed the SABMiller writ petition against a showcause notice issued by the Income Tax Department.... Parle-G, haven't raised price since 1994 It's a brand that has held its price line at Rs 4 for 25 years now — the price was last raised in 1994 by 25 paise. So, it's not for nothing that Parle-G is the world's... With Regards,  Sandeep Kanoi  Website: http://www.taxguru. in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by email

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