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 | Company Law : Section 233B of the Companies Act, 1956 - Audit of Cost Accounts in Certain Cases - Order under section 233B(1) - ORDER [F.NO. 52/26/CAB-2010], DATED 24-01-2012 Read More |  | FEMA : External Commercial Borrowings (ECB) Policy - Infrastructure Finance Companies (IFCs) - A.P. (DIR SERIES 2011-12) CIRCULAR NO. 70, DATED 25-01-2012 Read More |  | FEMA : External Commercial Borrowings - Simplification of Procedure - A.P. (DIR SERIES 2011-12) CIRCULAR NO. 69, DATED 25-01-2012 Read More |  | IT: Gold & Silver Rates; SBI Lending Rates Read More |  | FEMA : Master Circular on External Commercial Borrowings and Trade Credits - MASTER CIRCULAR NO.09/2011-12 (UPDATED AS ON 20-1-2012), DATED 01-07-2011 Read More |  | IT : Clarification on Regulation of Interest Rates for Small Savings Schemes - CIRCULAR NO. DGBA.CDD. NO.H- 4836 /15.02.001/2011-12, DATED 20-01-2012 Read More |  | SEBI : Trade controls in normal trading session for Initial Public Offering (IPO) and other category of scrips - CIRCULAR NO. MRD/DP/02/2012, DATED 20-01-2012 Read More |
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 | [2012] 17 taxmann.com 235 (DELHI) IT : VRS floated by assessee was in conformity with rule 2BA Read More |  | [2012] 17 taxmann.com 234 (NEW DELHI - CESTAT) ST : Where assessee provided service to its client but not behalf of said client, service tax could not be demanded from assessee under category of business auxiliary service Read More |  | [2012] 17 taxmann.com 233 (KER.) IT : Appeal under section 260A is not maintainable against order passed by Tribunal declining condonation of delay Read More |  | [2012] 17 taxmann.com 232 (AHD. - ITAT) IT : While computing book profits, no more deductions or allowances other than what are stated in Explanation 1 to section 115JB are permissible Read More |  | [2012] 17 taxmann.com 236 (BOM.) SEBI : Guidelines for Consent Orders and for considering requests for composition of offences under SEBI Act, 1992, SC (Regulation) Act, 1956 and Depositories Act, 1996 do not confer a vested right in any person to insist on acceptance of a proposed settlement Read More |  | [2012] 17 taxmann.com 231 (CHENNAI - ITAT) IT : Various business expenses incurred by assessee could not be disallowed merely because expense vouchers were not in name of assessee-company Read More |  | [2012] 17 taxmann.com 230 (CHENNAI - ITAT)(TM) IT : Loss arising to assessee on sale of flat in course of its Civil Construction business is allowable Read More |
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 | Vodafone Analysed - The Supreme Court dealt with the interpretation of the provisions of section 9(1)(i) in Vodafone International Holdings B.V. v. Union of India [2012] 17 taxmann.com 202(SC). The facts of the case involved a holding company incorporated off... - - Read More |  | Taxability of software integrated with hardware - Experts' comment on CIT v. Sunray Computers (P.) ... - The recent decisions of the Karnataka High Court in the cases of CIT v. Samsung Electronics Co. Ltd. [2011] 16 taxmann.com 141 ('Samsung') and CIT v. Sunray Computers (P.) Ltd. [2011] 16 taxmann.com 268 ('Sunray') and of the Delhi High Cou... - UDAY VED, T.N. PANDEY & D.C. AGRAWAL Read More |  | Tribunal's President is not empowered to write ACR's of members - Section 252 of the Income-tax Act, 1961 - As per Section 252(5) "The Senior vice-President or a vice-President shall exercise such powers and perform such functions of the President as may be delegated to him by the President by a general ... - RAHUL DHAWAN, CA Read More |  | Transfer of a depreciable assets opens a Pandora's box - Prior to the assessment year 1988-89, the surplus over the written down value of the depreciable assets was partly taxable to the extent of depreciation allowed on the asset sold under section 41(2) and the excess over the cost as capital ... - S. RAJARATNAM, ADVOCATE & TAX MANAGEMENT CONSULTANT Read More |  | TDS & Shrink Wrapped Software - Experts' comment on CIT v. Samsung Electronics Co. Ltd. [2011] 16 t... - Taxation of software has been a matter of debate, both nationally as well internationally. The difficulty, in particular has been regarding the categorization of the revenue received from supply of software as 'royalty' or 'business income... - ARUN CHHABRA, MUKESH M. PATEL, JIGAR M. PATEL, D.C. AGRAWAL, T.N. PANDEY & S. RAJARATNAM Read More |
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