Financial, Legal & Tax Updates from TaxGuru (in this message: 2 new items)

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Notification on Section 80-IA(4)(iii) of the Income-tax Act, 1961

Posted: 20 Feb 2010 09:37 AM PST

Section 80-IA(4)(iii) of the Income-tax Act, 1961 – Deductions – In respect of profits and gains from industrial undertakings, etc., in certain cases – Notified undertaking which develops, operates and maintains an industrial park – Kolte Patil...

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Petition under section 397/398 –Indian Company Law – Issue of subsequent events and happenings

Posted: 20 Feb 2010 09:16 AM PST

I personally feel that an application under section 397/398 of the Companies Act, 1956 is a serious thing exposing serious misunderstandings between majority and minority group in the Company. We see this groupism in private limited companies and...

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