Fwd: TaxGuru.in : Legal & Tax Updates

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From: LEGAL & FINANCIAL UPDATES FROM TAX GURU <info@taxguru.in>
Date: Mon, Nov 15, 2010 at 9:43 AM
Subject: TaxGuru.in : Legal & Tax Updates
To: palashbiswaskl@gmail.com

TaxGuru.in : Legal & Tax Updates

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• Income Tax Department Probing 7 300 Crore Inflow In 26 Companies Linked With BJP Leader
• Satyam Submitted Fake Bank Documents To PWC Says Witness
• SEZ - Consolidated Guidelines Instructions Issued On The Staff Management Of Government And Private Special Economic Zo
• Income Tax Department Receives Classified Info On Hasan S Deposits
• Sebi Suspects Growing Insider Trading Trend Ups Vigil
• RBI Concerned Over Sharp Fall In IIP Numbers
• INPUT TAX CREDIT ON GROSS LOSS ARISING IF ANY FROM SALES WILL BE REVERSED UNDER PUNJAB VAT ACT 2005
• Is It Correct To Blame Advocates And Courts Only For The Delay In Courts
• SEZ - Clarification On Instruction No 49 On FTWZ Issues
• Insurance - Portal For Registration Of Referral Companies
• Companies Amendment Regulations 2010 - Amendment In Regulation 2
• Section 637A 1 Of The Companies Act 1956 - Power Of Central Government Or Tribunal To Accord Approval Etc Subject To Conditions And To Prescribe Fees On Applications - Nidhis Mutual Benefit Society
• MCA On Converged Accounting Standards
• Easy Income Tax Calculation Quarterly Only For West Bengal Govt Employees For Financial Year 2010-2011
• Quarterly Inccome Tax Calculation For All Employees For Financial Year 2010-2011 Private Govt Employees
• TDS On Import Of Software

Income Tax Department Probing 7 300 Crore Inflow In 26 Companies Linked With BJP Leader Posted: 14 Nov 2010 10:38 AM PST An inflow of over Rs 7 300 crore into 26 companies most of them registered at two Delhi addresses from companies registered in Mauritius and Cyprus has caught the attention of tax slueths ... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Satyam Submitted Fake Bank Documents To PWC Says Witness Posted: 14 Nov 2010 10:24 AM PST A bank manager testifying before a local court trying Satyam scam case today said fixed deposit receipts and amounts given in the documents pertaining to his bank which were seized by the CID... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEZ - Consolidated Guidelines Instructions Issued On The Staff Management Of Government And Private Special Economic Zo Posted: 14 Nov 2010 10:03 AM PST SEZ Consolidated guidelines instructions issued on the staff management of Government and Private Special Economic Zone w e f 16th nbsp August nbsp nbsp 2010 nbsp The nbsp SEZs ... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Income Tax Department Receives Classified Info On Hasan S Deposits Posted: 14 Nov 2010 05:49 AM PST In a major breakthrough in the efforts to trace illegal money stashed in foreign shores the Income Tax department has received classified information on two high value deposits of stud-farm owner... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Sebi Suspects Growing Insider Trading Trend Ups Vigil Posted: 14 Nov 2010 05:47 AM PST Suspecting an uptick in the insider trading activities in the recent market rally Sebi has enhanced its surveillance for possible violations of rules prohibiting trading based on prior and inside... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

RBI Concerned Over Sharp Fall In IIP Numbers Posted: 14 Nov 2010 05:45 AM PST Reserve Bank Deputy Governor Subir Gokarn today expressed concern over the sharp fall in factory output growth saying the latest numbers are disconcerting nbsp However he was quick to add that the... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

INPUT TAX CREDIT ON GROSS LOSS ARISING IF ANY FROM SALES WILL BE REVERSED UNDER PUNJAB VAT ACT 2005 Posted: 13 Nov 2010 02:48 PM PST The Excise and Taxation Department Government of Punjab has amended rule 21 of Punjab VAT rules to add sub rule 2-A in the said rule to provide for that ITC shall be allowed to a taxable person... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Is It Correct To Blame Advocates And Courts Only For The Delay In Courts Posted: 13 Nov 2010 06:29 AM PST Recently president of United States Barrack Obama has visited India and expressed his opinion that India has already emerged nbsp We Indians know as to the achievements made and things we... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEZ - Clarification On Instruction No 49 On FTWZ Issues Posted: 14 Nov 2010 06:04 AM PST SEZ Clarification on Instruction No 49 on FTWZ issues nbsp INSTRUCTION NO 71 DATED 12-11-2010 nbsp I am directed to refer to Instruction No 49 dated 12th March 2010 of this... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Insurance - Portal For Registration Of Referral Companies Posted: 14 Nov 2010 05:31 AM PST CIRCULAR NO IRDA LIFE CIR REF 179 11 2010 DATED 11-11-2010 nbsp Please refer IRDA Sharing of Database for Distribution of Insurance Products Regulations 2010 hereinafter referred as ... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Companies Amendment Regulations 2010 - Amendment In Regulation 2 Posted: 14 Nov 2010 05:22 AM PST Companies Amendment Regulations 2010 - Amendment in regulation 2 NOTIFICATION NO G S R 866 E DATED 29-10-2010 ISSUED BY MINISTRY OF CORPORATE AFFAIRS In exercise of the powers conferred by... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Section 637A 1 Of The Companies Act 1956 - Power Of Central Government Or Tribunal To Accord Approval Etc Subject To Conditions And To Prescribe Fees On Applications - Nidhis Mutual Benefit Society Posted: 14 Nov 2010 05:18 AM PST Section 637A 1 of the Companies Act 1956 - Power of Central Government or Tribunal to accord approval etc subject to conditions and to prescribe fees on applications - Nidhis Mutual Benefit... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

MCA On Converged Accounting Standards Posted: 14 Nov 2010 05:13 AM PST PRESS RELEASE - 8 2010 NO 1 1 2009-IFRS DATED 4-11-2010 nbsp Ministry of Corporate Affairs after wide consultations with all stakeholders and regulators has drawn up a clear roadmap for ... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Easy Income Tax Calculation Quarterly Only For West Bengal Govt Employees For Financial Year 2010-2011 Posted: 13 Nov 2010 06:32 PM PST Guess your Income Tax Calculation in the financial year 2010-2011 It can prepared at a time Salary Statement Form 16 ITR-I Relief of Arrears Calculation Exemption of H R A This Calculation Sheet... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Quarterly Inccome Tax Calculation For All Employees For Financial Year 2010-2011 Private Govt Employees Posted: 13 Nov 2010 06:28 PM PST For All Private Govt Employees Guess the Income Tax will be in the financial year 2010-2011 This Calculation Sheet will prepared your Salary Statement FORM-16 ITR-I Relief of Arrears H R A... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

TDS On Import Of Software Posted: 12 Nov 2010 05:18 PM PST Conflict between judgments of TDS on import of Softwares [[ This is a content summary only. Visit www.taxguru.in for full article ]]

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