UPDATES FROM TAX GURU 28.09.2009

UPDATES FROM TAX GURU (in this message: 2 new items) In mercantile method of accounting allowability of expenditure depend on liability to pay Posted: 27 Sep 2009 09:08 PM PDT SUMMARY OF CASE LAW Once the goods have been purchased, the invoices raised and the purchase considerations are accounted for in the books of the assessee, the expenditure can be said to have been incurred as per the method of accounting –... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] FAQs on applicability of Surcharge and Cess on TDS after budget 2009 and on new TDS rate Posted: 27 Sep 2009 08:43 PM PDT 1. What is the date when the Finance Bill became Finance Act 2009? 19-08-2009 2. In which cases surcharge on TDS rates is NOT applicable? On all payment to residents On all payment to non-corporate non-residents On all payments to foreign ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] With Regards,  CA Sandeep Kanoi  Website: http://www.taxguru.in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by emai

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