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Aug 8, 2009

UPDATES FROM TAX GURU 09.08.2009

UPDATES FROM TAX GURU



Amendment to the Maharashtra Value Added Tax Act, 2002 to give effect to budget announcements


TRADE CIRCULAR No.VAT/AMD-1009/1A/ADM-6 Mumbai, Dt. 6th August, 2009. Trade Cir. No.. 22T of 2009 Gentlemen/Sir/Madam, Honorable Finance Minister of Maharashtra presented the Budget on 4th June 2009. In order to give effect to the announcements...

Rates of Gold and Silver for Wealth Tax valuation Purpose along with valuation rules


Valuation of Jewellery Jewelry Includes: Ornaments made of gold, silver, platinum or any other precious metal or any alloy containing one or more of such precious metals, whether or not containing any precious or semi-precious stones,...

Interpretative circular under regulation 5 of the Securities and Exchange Board of India


CFD/DCR/TO/Cir-01/2009/06/08 August 6, 2009 To All Registered Merchant Bankers / Stock Exchanges Dear Sirs, Sub: Interpretative circular under regulation 5 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and...

ICAI taking members consent before Publishing E-mail address in the List of Voters for election 2009


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...

SEBI decided to facilitate setting up of Separate stock exchange for Small and Medium Enterprises (SMEs)


Securities and Exchange Board of India (SEBI) which recognises and regulates Stock Exchanges, has decided to facilitate the setting up of separate stock exchanges or a platform in the existing stock exchanges dedicated to the Small and Medium...

Income Tax Department conducting investigations regarding frozen Demat Accounts


Income Tax Department is conducting investigations regarding frozen Demat Accounts which had balances of value in excess of approximately Rs. 10 lakhs as on December 2008. These accounts are 6385 in number with total approximate value of shares of...

Passing CA final exam not enough to use Prefix Chartered Accountant or CA


Pre- conditions for using the designation Chartered Accountant Section 7 of the Chartered Accountants Act 1949 empowers only a person who has been enrolled as a member of the Institute of Chartered Accountants of India to use the designation of...

With Regards, 
CA Sandeep Kanoi 
Website: http://www.taxguru.in/ 
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UPDATES FROM TAXGURU