Excellent utility for those paying direct taxes online by filling ITNS 280, ITNS 281, ITNS 282, ITNS 283 
I was recently going through the website of Fast Facts Computer Systems Limited and noticed a very good utility developed by them. The utility is named by them as " e-Payment Auto Filler" . This utility is really useful. The utility is... |
Corporate can Pay stamp duty online for formation of company, Increase in Authorise Share capital etc 
Come September, the incorporation of companies or various regulatory filings will not be a cumbersome and time-taking exercise anymore. The government is going to start e-stamp facility that would allow corporates to deposit stamp duty... |
ITAT mumbai benches not functioning during the period 24.08.09 to 28.08.09 
The following Benches will not function during the period 24.08.09 to 28.08.09:- " A-1, B-1, E-1, J, L, WT & SMC" The cases are adjourned to respective dates. please see separate Notice. Sd/- (D. Manmohan) Vice-President( MZ) Mumbai;... |
Export of services (Amendment) Rules, 2009- Amendment in rule 3 
Notification No. 25/2009-Service Tax, dated 19-8-2009 In exercise of the powers conferred by sections 93 and 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Export of Services... |
ST department notified date for applicability of service tax on New services 
Notification No. 26/2009-Service Tax, dated 19-8-2009 In exercise of the powers conferred by clauses (A) and (B) of section 113 of the Finance Act, 2009 (33 of 2009), the Central Government hereby appoints the 1st day of September, 2009, as the... |
SEBI ruled out rolling back its order banning entry load and parity in exit loads 
On Tuesday, Sebi Chairman CB Bhave met chief executive officers (CEOs) of all fund houses to take stock of the ground realities after the new guidelines.Industry sources said while the fund houses explained that the industry was still in a nascent... |
Direct tax code introduced stringent norms for non resident 
It is indeed heartening to note that the tax rates applicable to non-resident corporates are sought to be brought at par with the domestic companies, to be taxed at the rate of 25 per cent. However, correspondingly, the concept of the branch profit... |
SEBI reviewing timeline for converting the prefrence warrant into shares and upfront magin to be paid 
Norms for preferential allotment of equity warrants are learnt to be back under the regulatory scanner, following complaints from institutional investors that this instrument is being misused by promoters. Equity warrants are mostly issued by... |
Penalty having commercial nature and paid in the normal course business is allowable 
In the Case of : Western Coalfields vs. ACIT (ITAT Nagpur), Decided by : ITAT Nagpur Bench, Date of Order: 30.06.2009, Appeal No. : ITA No. 261/Nag. 2008 (Assessment Year 2003-04) Explanation to s. 37 (1) does not apply to "penalty" which is not of... |
Finance bill (No.2), 2009 received the Assent from President 
Finance (No.2) Bill, 2009 receives assent from the President as Finance (No.2) Act, 2009 [Act no. 33 of 2009] on 19.08.2009. Related posts:Finance bill for 2009-10 gets approval of Lok Sabha The Lok Sabha has passed the Finance Bill for 2009-10 by... |
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