| Search and Seizure under Income Tax Act, 1961 Posted: 01 Mar 2010 07:55 AM PST Search means "not looking for something which is produced or Open but which is hidden, concealed or not obvious". The word has varied meanings and it should be given the general meanings 'to look for' or 'to seek' which are well known meaning... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Issues Relating to Recovery & Stay Proceedings under the Income tax Posted: 01 Mar 2010 06:58 AM PST Such appeal shall be filed before the Chief Commissioner of Income Tax (CCIT) or Commissioner of Income Tax (CIT) [II Schedule Rule 86(1)] Every appeal under the rule 86 is to be presented within 30 days from the date of order appealed against [II... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Termination of dealership must be fair Posted: 01 Mar 2010 06:37 AM PST The Supreme Court has dismissed the appeal of Hindustan Petroleum Corporation which had terminated its dealership agreement with Super Highway Services, a retail dealer. The action was taken after a check on the private company's stock of high speed... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Arbitration tribunal cannot award interest on interest Posted: 01 Mar 2010 06:31 AM PST The Supreme Court has ruled that an arbitral tribunal has no power to direct payment of compound interest or interest on interest on the award amount from the date of the award to the date of payment. It declared in the appeal case, State of Haryana... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Role of Chartered Accountnats in Insurance Survey Posted: 01 Mar 2010 01:01 AM PST Besides the traditional fields of Statutory Audit, Internal Audit and Tax Audit there is vast scope for CAs in providing services such as Surveyors, Loss Assessors, Claim Assurors, Claim Negotiators etc., 1.2 Amidst this golden phase of... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Procedure for Mergers and Amalgamations under the Companies Act, 1956 Posted: 01 Mar 2010 12:45 AM PST The terms merger and amalgamation have not been defined in the Companies Act, 1956 (hereinafter referred to as the Act) though this voluminous piece of legislation contains 69 definitions in Section 2. The concept paper recently issued by the... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | An Overview of Tax Audit Posted: 01 Mar 2010 12:08 AM PST The main objective of the tax audit is to compute the taxable income according to the law and for maintaining transparency in the financial statements filed by the assessees with the Income-tax department. The tax audit u/s. 44AB of the Income-tax... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
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With Regards,
CA Sandeep Kanoi
Website: http://www.taxguru.in/
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