Dear Friends, I recently launched a website www.taxguru.in all new updates will be given to you now on this website only those who are existing subscriber to www.kanoisandeep.blogspot.com are requested to visit www.taxguru.in to suscribe to www.taxguru.in.

Jun 2, 2010

TaxGuru.in : Legal & Tax Updates 03.06.2010

TaxGuru.in : Legal & Tax Updates 

Link to LEGAL & FINANCIAL  UPDATES FROM TAX GURU


New Changes in TDS Rules related to due date for furnishing TDS return/Certificate, inclusion of receipt number in TDS certificate and Requirement of filing form No. 24G by government companies

Posted: 02 Jun 2010 08:03 PM PDT


The Central Board of Direct Taxes (CBDT) have amended the Rules relating to TDS provisions date and mode of payment of tax deducted at source (TDS), TDS certificate and filing of 'statement of TDS' (TDS return) vide Notification No. 41/2010; SO No....

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Taxability of Standard Chartered PLCs Indian Depository Receipts (IDRs)

Posted: 02 Jun 2010 07:40 PM PDT


Question is that whether IDR is a derivative product, shares or security. Derivative means future and options. If it can be listed as future and options then IDR may be derivative product in addition to other type of asset. It is not shares as...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

761 Page Income Tax order concludes Vodafone-Hutch deal taxable in India

Posted: 02 Jun 2010 07:22 PM PDT


The Income Tax Department has, in a 761-page order, asserted its jurisdiction to tax Vodafone Group Plc's $11.2 billion deal with Hutchison Telecommunications International in 2007, saying the deal was designed to hoodwink tax authorities by showing...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Vodafone tax case: Income Tax Department files caveat in HC

Posted: 02 Jun 2010 07:14 PM PDT


The Income Tax Department has filed a caveat in the Bombay High Court in the Vodafone tax case. The caveat was filed to avoid ex-parte proceedings. Vodafone is likely to move the Bombay High Court next week. It is learnt that theIncome Tax...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Proposed EET regime under Direct Tax Code (DTC)

Posted: 02 Jun 2010 06:59 PM PDT


Investors in the Employee Provident Fund (EPF), Public Provident Fund (PPF) and insurance plans for retirement have a reason to worry. The Direct Tax Code (DTC), meant to replace the existing Income Tax Act, proposes to introduce the...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

SC asked the petitioner to disclose his shareholding in Bank of Rajasthan

Posted: 02 Jun 2010 06:50 PM PDT


The Supreme Court judges hearing a petition against the merger of Bank of Rajasthan (BoR) with ICICI Bank on Wednesday described it as an "abuse of process of law" and asserted that they would not hear the case unless the petitioner disclosed in an...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

All about Senior Citizens Savings Scheme, 2004

Posted: 02 Jun 2010 09:11 AM PDT


As name itself suggests, this scheme is only for the senior citizens. The account may be opened by an individual, who has attained age of 60 years or above on the date of opening of the account. The account may also be opened by those who has...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Income Tax department decided to set up nine more help centres

Posted: 02 Jun 2010 08:51 AM PDT


By the end of this fiscal, income tax payers will be able to get all their problems relating to filing of returns and obtaining of refunds, among others, addressed at nine more help centres. The Income Tax Department has decided to set up help...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

ICAI President's Message – June 2010

Posted: 02 Jun 2010 08:43 AM PDT


This story will get louder every summer in all our cities, towns and villages. Worse, crisis is here to stay. By 2011, our Capital will need to increase its water supply by almost 50 per cent to take care of the basic needs of its citizens. Not just...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]

Packing the dispute of branded goods on packing material

Posted: 02 Jun 2010 08:32 AM PDT


There are already two articles published on our website www.capradeepjain.com on this issue. The title of these articles was "SSI exemption: - The branded issue" and "Brand name for packing material: - all is well when ends well". The budget has...

[[ This is a content summary only. Visit my website www.taxguru.in for full article ]]


With Regards, 
CA Sandeep Kanoi 
Website: http://www.taxguru.in/ 
Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by emai




No comments:

Post a Comment

UPDATES FROM TAXGURU