TaxGuru.in : Legal & Tax Updates |  |
| Citi Fraud- Puri S Remand Further Extended Till Jan 14 Posted: 13 Jan 2011 01:51 AM PST A local court today extended police remand of Shivraj Puri the main accused in the alleged Rs 400 crore Citibank fraud by 2 more days till January 14 as police is yet to recover iPad considered to be vital evidence nbsp The Chief |
| FM May Not Cut Taxes Continue With Stimulus Finance Minister Pranab Mukherjee is not in a mood to cut taxes but may continue with stimulus in the budget for 2011-12 feel industry representatives who met him for Pre-Budget interactions nbsp Finance Minister is not in a mood |
| Income Tax Department Asks Shah Rukh Khan To Pay Tax On Villa Gifted By Dubai Co Posted: 13 Jan 2011 01:49 AM PST The Income Tax department has issued a notice to Bollywood actor Shah Rukh Khan nbsp asking him to pay tax on the Rs 17 84 crore villa in the UAE I-T sources said today nbsp He received the villa as a gift from a Dubai-based compan [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| All News Related To Income Tax Raids On Onion Traders Posted: 13 Jan 2011 01:46 AM PST Vegetable traders come under IT scanner in TN nbsp As skyrocketing prices of vegetables caused concern ten big vegetable traders in Tamil Nadu have come under the Income Tax Department s lens over huge profits made by them with [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Citi Fraud - Funds Flowed To Real Estate Sector Too Posted: 13 Jan 2011 01:42 AM PST A part of the funds involved in the Rs 300 crore fraud at Citibank allegedly masterminded by employee Shivraj Puri was pumped into the real estate sector sources said nbsp Investigations into the fraud have revealed that Pur [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| FM Holds Pre Budget Consultations With Different Trade Union Groups Posted: 13 Jan 2011 01:41 AM PST Union Finance Minister Shri Pranab Mukherjee held a meeting with Trade Unions Group to get their inputs for General Budget 2011-12 here today This was the third meeting in the series of pre-Budget consultations held by Finance [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Shri A N Raman Of ICWAI Takes Over As President Of The South Asian Federation Of Accountants Posted: 13 Jan 2011 01:39 AM PST Shri A N Raman a Central Council Member of The Institute of Cost and Works Accountants of India ICWAI functioning under the aegis of the Ministry of Corporate Affairs has taken over as the President South Asian Federation of [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| FM S Address At 2nd International Finance Conference At IIM Calcutta Posted: 13 Jan 2011 01:37 AM PST The Union Finance Minister Shri Pranab Mukherjee has said that the resilience shown by Indian economy during the global crisis reflects a maturing of the economic management of the country and the growing competitiveness of our ent [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| India Will Be The Most Preferred Destination For Alternative Dispute Resolution Posted: 13 Jan 2011 01:35 AM PST Alternative Dispute Resolution will be the preferred mode of settlement of disputes in future says Dr Veerappa Moily nbsp Law and Justice Minister Dr Veerappa Moily has said that Alternative Dispute Resolution ADR will b [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Export Grows 36 4 Percent In December 2010 - Commerce Secretary Posted: 13 Jan 2011 01:33 AM PST India s exports have registered a growth of 36 4 during December 2010 at US 22 5 billion Stating this at a press interaction here today Shri Rahul Khullar Commerce Secretary informed that during the period April-December 2 [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 13 Jan 2011 01:32 AM PST Rising Inflation from Widening Gap Between Wholesale and Retail Prices and the Growing Demand due to Rise in Income Levels Asks State Governments to Ensure that all Bottlenecks in the Supply Chain are Removed at the Earliest FM n [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Industrial Growth Plunges To 2 7 Percent Govt To Take Corrective Measures Posted: 12 Jan 2011 11:59 PM PST Industrial growth nosedived to 2 7 per cent in November 2010 against 11 3 per cent in the same period a year-ago pulled down by dismal performance of manufacturing sector particularly the consumer non-durables nbsp In October 201 [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| ITO Caught Accepting Bribe Of Rs 20 000 Posted: 12 Jan 2011 11:24 PM PST RAIPUR JAN 12 2011 THE Central Bureau of Investigation has arrested an Income Tax Officer of Central Revenue Building Civil Lines Raipur for demanding and accepting a bribe of Rs 20 000 - from the complainant nbsp A case was [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Soon Companies To Rotate Their Auditors Every Five Years- Salman Khurshid Posted: 12 Jan 2011 11:22 PM PST Setting aside apprehensions by India Inc Government is all set to go ahead with making it mandatory for companies to rotate their auditors every five years Corporate affairs minister Salman Khurshid will push for such an amendment [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| I-T Raid Seizes Rs 9 Cr From Lodha Premises- CNBC-TV18 Posted: 12 Jan 2011 11:37 AM PST Income tax I-T raid operation on Lodha group has concluded reports CNBC-TV18 quoting sources Beginning on 10 January the taxmen conducted search at around 40 premises of Lodha Group It is learnt that around Rs 200 crore of alle [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Most Popular Exempt Allowances For Salaried Employees Posted: 13 Jan 2011 01:30 AM PST Salaried Employees can avail the benefit of various exemptions with respect to the allowances given by their employers during their tenure of service like House Rent Allowance Gratuity Allowance Leave Encashment nbsp Conveyance T [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Deduction U S 80U Of The Income Tax Act 1961 For Disabled Persons Posted: 13 Jan 2011 01:13 AM PST CA Tripti DubeyThe Income Tax Act 1961 provides deduction u s 80 in pursuance of which an individual Indian citizen and foreign national who is resident of India and who suffers from not less than 40 per cent of any disability [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 10:55 AM PST The plea of the assessee based on Minda Investments Ltd that the disallowance should be deleted cannot be accepted as in the later decisions similar matters have been restored to the file of the AO and according to rule of precedence [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 10:35 AM PST The profits from the offshore supply contract held to be not liable to tax in India on the ground that the transfer of title in the goods had passed outside India [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 08:48 AM PST [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 03:26 AM PST The AO can not apply Rule 8D without pointing out any inaccuracy in the method of apportionment or allocation of expenses as adopted by the assessee Rule 8D r w s 14A 2 can be invoked only if the AO having regard to the accounts [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Interest Rates On Rupee Export Credit - UCBs Posted: 12 Jan 2011 11:50 PM PST Interest Rates on Rupee Export Credit - UCBs nbsp RBI 2010-11 367 UBD BPD PCB Cir No 5 13 05 000 2010-11 nbsp January 11 2011 nbsp Chief Executive Officer Scheduled Primary Urban Co-operative Banks holdin [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| UCBs - RBI Guideline On Opening Of Bank Accounts - Salaried Employees Posted: 12 Jan 2011 11:40 PM PST UCBs - Opening of bank accounts - salaried employees nbsp RBI 2010-11 363 UBD CO BPD No 35 12 05 001 2010-11 nbsp January 10 2011 nbsp The Chief Executive Officers All Primary urban Co-operative Banks [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| RBI Guidelines On The Base Rate Posted: 12 Jan 2011 11:37 PM PST [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 11:43 AM PST Notification No 2 2011 Customs New Delhi the 8th January 2011 nbsp G S R E - In exercise of the powers conferred by sub-section 1 of section 25 of the Customs Act 1962 52 of 1962 the Central Government on bein [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 11:37 AM PST Notification No 1 2011 Customs New Delhi dated the 6th January 2011 nbsp G S R nbsp nbsp nbsp E -In exercise of the powers conferred by sub-section 1 of section 25 of the Customs Act 1962 52 of 1962 and in s [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Handling Of Cargo In Customs Areas Regulations 2009- Circular No 4 2011-Customs Posted: 12 Jan 2011 11:32 AM PST Circular No 4 2011-Customs nbsp 10th January 2011 nbsp nbsp nbsp nbsp nbsp nbsp nbsp Subject Handling of Cargo in Customs Areas Regulations 2009 regarding nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbs [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Import Of Edible Food Products Circular No 3 2011-Customs Posted: 12 Jan 2011 11:26 AM PST Circular No 3 2011-Customs 6th January 2011 nbsp Subject nbsp Import of edible food products regarding nbsp nbsp nbsp nbsp nbsp Attention is invited to Board Circular No 58 2001 Cus dated 25 10 2001 which [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Section 80-IB Of The Income-tax Act 1961 - Corrigendum To Notification No S O 1898 E Dated 3-8-2010 Posted: 12 Jan 2011 05:33 AM PST NOTIFICATION NO 02 2011-IT nbsp DATED 5-1-2011 nbsp In the notification of the Government of India in the Ministry of Finance Department of Revenue Central Board of Direct Taxes number S O 1898 E dated the 3rd August [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 12 Jan 2011 05:28 AM PST NOTIFICATION NO 01 2011 Income Tax nbsp DATED 5-1-2011 nbsp In exercise of the powers conferred by clauses a and b of sub-section 10 of section 80-IB of the Income-tax Act 1961 43 of 1961 the Board hereby notifies th [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
No comments:
Post a Comment