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Wednesday, December 15, 2010

Fwd: TaxGuru.in : Legal & Tax Updates



---------- Forwarded message ----------
From: LEGAL & FINANCIAL UPDATES FROM TAX GURU <info@taxguru.in>
Date: Wed, Dec 15, 2010 at 9:46 AM
Subject: TaxGuru.in : Legal & Tax Updates
To: palashbiswaskl@gmail.com


TaxGuru.in : Legal & Tax Updates

Link to LEGAL & FINANCIAL  UPDATES FROM TAX GURU

Bajaj Allianz Launches Instant Tax Calculator For Mobile Phones

Posted: 15 Dec 2010 12:17 AM PST


Private insurer Bajaj Allianz today launched instant tax calculator for mobile phones that will enable users to calculate their tax liability nbsp Mobile phones being an integral part of our lives have gone beyond the use of

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Security Certification A Must For All Government Websites- Sachin Pilot

Posted: 14 Dec 2010 11:58 PM PST


Sh Sachin Pilot the Minister of State for Communications and Information Technology held a meeting with officers of the Department of Information Technology the Ministry of Home Affairs Indian Computer Emergency Response Team C

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PM Reaffirms Govt S Commitment To Provide Enable Environment Conducive To Corporate Sector Growth

Posted: 14 Dec 2010 11:55 PM PST


Prime Minister Reaffirms Government s Commitment to Provide an Enabling Environment Conducive to the Growth of The Corporate Sector nbsp The Prime Minister has reaffirmed the Government s commitment to providing an enabling envi

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CBDT Clarification On Tax Scrutiny Of Mergers And Acquisitions Cases

Posted: 14 Dec 2010 11:48 PM PST


The Central Board of Direct Taxes CBDT has clarified that the Income Tax Department is currently scrutinizing only a handful of cases relating to takeovers mergers and acquisitions not 380 or 100 as reported in some sections of

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CAG S Address At Inaugural Function Of National Seminar On Goods And Services Tax- Transition Issues

Posted: 14 Dec 2010 11:46 PM PST


Finance Minister Shri Pranab Mukherjee today inaugurated a two-day National Seminar on Goods and Services Tax Transition Issues organised by the Comptroller amp Auditor General of India CAG to discuss the findings of th

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Govt Willing To Consider A Phased Approach For Introduction Of GST-FM

Posted: 14 Dec 2010 11:44 PM PST


FM Expects Inflation to come down to 6 per cent by March 2011 Govt willing To Consider a Phased Approach for Introduction of GST FM GST would Improve Tax Collections and Boost India s Economic Development FM GST to Encou

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FM Expects Inflation To Come Down To 6 Per Cent By March 2011

Posted: 14 Dec 2010 11:39 PM PST


Following is the statement of the Union Finance Minister Shri Pranab Mukherjee regarding the latest inflation figures released today i e 14th December 2010 nbsp I am delighted with the latest headline inflation figures ma

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Government Approves 08 Proposals Of Foreign Direct Investment

Posted: 14 Dec 2010 11:35 PM PST


Based on the recommendations of Foreign Investment Promotion Board FIPB in its meeting held on December 3 2010 Government has approved 08 Proposals of Foreign Direct Investment amounting to Rs 883 166 crore approximatel

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PM S Address At The Inauguration Of India Corporate Week 2010

Posted: 14 Dec 2010 10:27 PM PST


The Prime Minister Dr Manmohan Singh participated in the inaugural ceremony of India Corporate Week 2010 and released Investors Education Website in Hindi and Eleven Regional Languages Following is the text of the Prime

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Service Tax- Conditions Relating To Refund Claim Of Rs 500 - Part 4 Of Johnny And Service Tax Refund -Series- II

Posted: 14 Dec 2010 12:06 PM PST


Johnny and Service Tax Refund Series- II nbsp nbsp nbsp nbsp nbsp Part 4 Conditions relating to Claim of Rs 500 - nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp

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Silver The New Gold

Posted: 14 Dec 2010 11:34 AM PST


Dr Sanjiv Agarwal We are all witness to the fact that silver has out smarted its senior- gold Silver has now emerged as a necessary part of one s portfolio Given the present trend and future demand silver will extinct faste

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Minority Shareholders In A Company The Protection

Posted: 14 Dec 2010 07:18 AM PST


I have been continuously focusing at the complications in the corporate world and especially about the protection to the shareholders in a Company nbsp I have seen cases where the majority does everything in order to deny the right

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Payments For Reassembling And Recommissioning Of Machinery Not Taxable

Posted: 15 Dec 2010 01:07 AM PST


The ITAT held that the payments for services rendered with regard to reassembling and recommissioning of machinery in India under the Indian Tax Laws ITL and the India-Italy Double Taxation Avoidance Agreement DTAA would be exclud

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Though Main Object Is To Do Business In Shares Shares Can Be Held As A Capital Asset

Posted: 14 Dec 2010 12:37 PM PST


Whether only because the assessee can deal in shares as per the memorandum of objects any transactions undertaken by the assessee for sale or purchase of shares in the earlier years is to be treated as business transaction and the

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Meghalaya VAT Rate Change For Goods Falling Under Schedule II And Liable To Tax At 4 Percent

Posted: 15 Dec 2010 12:47 AM PST


Effective 07 December 2010 the rate of VAT in Meghalaya has been enhanced as mentioned below nbsp Goods falling under Schedule II and liable to tax at 4 nbsp Rate up to 6 December 2010 4 nbsp Rate with effect f

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Notification Under Regulation 3 Of The SEBI Certification Of Associated Persons In The Securities Markets Regulations 2007 - Obtainment Of Requisite Certification S From NISM By Certain Associated Persons

Posted: 15 Dec 2010 12:07 AM PST


Notification under regulation 3 of the SEBI Certification of Associated Persons in the Securities Markets Regulations 2007 - Obtainment of requisite certification s from NISM by certain associated personsNOTIFICATION NO nbsp LAD-N

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Etds Return Processing- CBDT Instructed To Ignore Short Deduction By Small Amounts

Posted: 14 Dec 2010 10:37 PM PST


INSTRUCTION NO nbsp 8 2010 F NO 275 73 2009-IT B nbsp DATED 8-12-2010 nbsp In the present system of processing of e-TDS returns the returns are processed online and mismatch report showing defaults on various a

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CBDT Instructions On Income Tax Refunds For A Y 2009-10

Posted: 14 Dec 2010 12:21 PM PST


Section 143 of the Income-tax Act 1961 - Assessment - General - Clarification regarding processing of ITR-1 and ITR-2 returns - Credit for tax deducted at source for A Y 2009-10 nbsp INSTRUCTION NO 9 2010 F NO 225 25 2010

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ICWAI - December 2010 Issue

Posted: 15 Dec 2010 04:58 AM PST


ICWAI - December 2010 Issue

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Free E-Book On Service Tax Updated Till Finance Budget 2010

Posted: 14 Dec 2010 07:08 PM PST


This Free E-Book Released by the Central Board of Excise and Customs and Directorate General of Service Tax Mumbai covers the following topics related to service tax General Service tax Provisions Registration Payment of Service Ta

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--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/

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