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Jul 7, 2009



Exemption to banks from service tax on inter-bank transactions of purchase and sale of foreign currency

Posted: 07 Jul 2009 08:53 PM PDT

Notification No.19/2009 – Service Tax– New Delhi, the 7th July, 2009 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994)...

Exemption to exporter from payment of service tax on commission and Good Transport Agency Services

Posted: 07 Jul 2009 08:46 PM PDT

This Notification exempt Exempts the taxable service  pertaining to sub-clause  (zzb) and (zzp) of clause (105) of section 65 of the Finance Act. Notification is as follows:- Notification  No.18/2009...

Notification on service tax exemption to exporters specifying the conditions and exempt services

Posted: 07 Jul 2009 07:49 PM PDT

Notification No.17/2009 – Service Tax- New Delhi, the 7th July, 2009 (Supersedes notification No.41/2007- Service Tax, dated the 6th October, 2007.) G.S.R. (E).- In exercise of the powers conferred...

Scheduled banks are empowered to issue zero coupon bonds

Posted: 07 Jul 2009 07:26 PM PDT

Under the existing provision of clause (48) of section 2, only infrastructure capital company or infrastructure capital fund or public sector company are empowered to issue zero coupon bonds when...

Services provided by club or association exempt for some associations till 31.03.2010

Posted: 07 Jul 2009 07:20 PM PDT

Services Provided by  any of following club or association to its members,  in relation to provision of services, facilities or advantages for a subscription or any other amount is exempt by...

Gift in kind will be taxable from 01.10.2009

Posted: 07 Jul 2009 10:12 AM PDT

According to the new proposal of the Union Budget 2009-10, any property received from a non-relative where the value is in excess of Rs 50,000 in a particular year will be considered as income in the...

How to choose between Private Companies, Public Companies and Limited Liability Partnerships

Posted: 07 Jul 2009 06:14 AM PDT

SELECTION OF A CORPORATE BUSINESS STRUCTURE If you are new entrepreneur looking of doing a business in a corporate form of organisation, first you have to select a form of business organisation....

COMPARISON – Limited Liability Partnership (LLP)/ Company / Partnership

Posted: 07 Jul 2009 05:32 AM PDT

COMPARISON – LLP / Company / Partnership S. No Conditions LLP Company Partnership 1. Registration To be registered with Registrar of LLP under LLP Act 2008 To be registered with Registrar...

Limited Liability Partnership Basic Concept, Requirement and Pre-Requisite for Formation of LLP

Posted: 07 Jul 2009 05:30 AM PDT

 LIMITED LIABILITY PARTNERSHIP (LLP) INDIA 1.   Concept of LLP  Limited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership and company form of business...

With Regards, 
CA Sandeep Kanoi 

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