TAX & LEGAL UPDATES FROM TAX GURU 19.05.2009

UPDATES FROM TAX GURU Empanelment of firms of Chartered Accountants with National Highways Authority of India Posted: 18 May 2009 07:33 AM PDT Expression of interest from firms of Chartered Accountants for inclusion of their names to the existing panel of Statutory Auditors / Additional Auditor/ Concurrent Auditor for  BOT/BOT (Annuity )... Frequently Asked Questions on AS 11 related to Exchange Rate difference Posted: 18 May 2009 07:17 AM PDT Frequently Asked Questions on AS 11 notification – Companies (Accounting Standards) Amendment Rules, 2009 (G.S.R. 225 (E) dt. 31.3.09) issued by Ministry of Corporate Affairs.  ASB Guidance in the... Instruction on TDS on Commission Paid by MTNL/BSNL to Owners of PCO u/s 194-H Posted: 18 May 2009 06:38 AM PDT A number of representations have been received from BSNL/MTNL and field formations regarding raising of / pending demands for non-deduction of tax at source on commission payments to the... Sensex given vote of Support to Congress, Hit two upper circuits in one day Posted: 18 May 2009 06:17 AM PDT Markets have stopped trading for the day as the benchmarks hit another upper circuit Monday as soon as the trade resumed after 2 hour break. Investors are euphoric after the United Progressive...

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