UPDATES FROM TAX GURU 30.08.2009

UPDATES FROM TAX GURU (in this message: 2 new items) All about deduction under section 80C and tax planning Posted: 29 Aug 2009 08:28 PM PDT Background for Section 80C of the Income Tax Act (India) / What are eligible investments for Section 80C: Section 80C replaced the existing Section 88 with more or less the same investment mix available in Section 88.  The new section 80C has... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Ishikawajima-Harima is still good law despite retrospective amendment: Karnataka High Court Posted: 29 Aug 2009 07:29 PM PDT Jindal Thermal Power vs. DCIT (Karnataka High Court) The assessee entered into a contract with Raytheon – Ebasco, a foreign company, and two of its' foreign subsidiaries, for commissioning of a power plant. The assessee made payments to Raytheon for... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] With Regards,  CA Sandeep Kanoi  Website: http://www.taxguru.in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by emai

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