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May 12, 2009

UPDATES FROM TAX GURU 13.05.2009

UPDATES FROM TAX GURU

Direct Tax Rates May Come Down in Next Budget

Posted: 12 May 2009 09:30 AM PDT


Direct tax rates may be tinkered by new government that may present its first budget later next month, according to a study. This may be in line with changed taxation policies followed by most...

Indian Government Provided forged documents : Swiss government

Posted: 12 May 2009 09:21 AM PDT


In a major embarrassment for the Indian government, the Swiss Justice Department on Monday said it had received forged documents from New Delhi two years ago in connection with an alleged Rs.40,000...

Mvat Circular on Mandatory filing of e-return, Acceptance of returns/challans not containing valid TINs

Posted: 12 May 2009 03:38 AM PDT


TRADE CIRCULAR Trade Circular No. 18 T of 2009  Mumbai, Dated – 11.05.09 No. MVAT/e-Return/Returns Br./ Sub-   1) Mandatory filing of e-return 2) Acceptance of returns/challans not containing...

CBDT postponed payment of TDS in form No. 17 to 1st July 2009

Posted: 11 May 2009 09:35 PM PDT


No.402/92/2006- MC (11 of 2009) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  New Delhi, Dated: April 11, 2009 PRESS RELEASE The Central Board of...

ICAI committee to submit its report by June in respect of Satyam fraud

Posted: 11 May 2009 09:29 PM PDT


The high-level committee set up to look at the multi-crore rupee fraud at Satyam Computer by the Institute of Chartered Accountants of India is close to coming out with its recommendatations by...




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UPDATES FROM TAXGURU