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Nov 14, 2009

UPDATES FROM TAX GURU 15.11.2009

UPDATES FROM TAX GURU (in this message: 3 new items)

Link to LEGAL & FINANCIAL  UPDATES FROM TAX GURU

Service tax exemption to manufacturers of parts of cycles or sewing machines

Posted: 13 Nov 2009 09:37 PM PST

exempts the taxable service specified in sub-clause (zzb) of clause (105) of section 65 of the Finance Act, provided by a person (hereinafter called the 'service provider'), to any other person (hereinafter called the 'service receiver'), in...

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Section 132 of the Income-tax Act, 1961 – Search & seizure – Empowerment of authorities

Posted: 13 Nov 2009 09:33 PM PST

In exercise of the powers conferred by the fourth proviso to sub-section (1) of section 132 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby empowers all the Additional Directors of Income-tax and Joint Directors of...

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Clarification regarding Foreign Exchange earnings to be counted for redemption of EPCG Authorizations issued to Service Provider

Posted: 13 Nov 2009 09:30 PM PST

A representation has been received from Zonal Joint Director General of Foreign Trade, Mumbai Office seeking clarification regarding calculation of Foreign Exchange earned for redemption of EPCG Authorizations issued to Service Providers in terms of...

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