Keeping in view the developments taking place nationally as well as internationally and with a view to modernize the structure for corporate regulation in India and represent a major reform statement by the Government to promote the
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Availability of essential financial information about a company to its shareholders and other stakeholders in accordance with internationally accepted financial norms is considered as an integral and important part of good corporate
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With the Reliance funding into Swan telecom under scanner the CBI will soon approach the Company Law Board to look into the association between Reliance Group and the controversial Telecom Company in the 2G spectrum scam nbsp The
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India Inc is not on board with the government on several key issues pertaining to independent directors managerial remuneration and rotation of auditors as proposed in the Companies Bill a senior official said on Thursday
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Sebi has proposed a new reporting system for mutual funds based on XBRL technology a globally accepted standardised business reporting tool that enables easy dissection of bulk documents without delay The Securities and Excha
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The government on Thursday said it will soon notify the format that companies will have to follow while preparing their account books as per the international accounting norm IFRS from next fiscal nbsp In an official statement the
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Brought forward business losses can be set off against the gains arising from any business or profession though chargeable to tax under any other head of incomeDigital Electronics Ltd v ACIT135 TTJ 419 Mum ITAT nbsp Facts nbsp -
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The Assessee borrowed money from a sister concern at 18 per cent interest and purchased shares from another sister concern carrying a dividend at 4 per cent The Revenue thought the device was colourable and disallowed the interest
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Under Explanation to section 73 of Income Tax Act 1961 even delivery-based loss on shares is speculation loss nbsp Brief - nbsp i The Explanation to s 73 creates a fiction that the loss suffered by certain companies fr
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Introduction Ill gotten gains are not the ill-ones if caused due to the interpretations of law To survive in the cut-throat competition the EOUs were allowed to clear the goods in Domestic Tariff Area Being allowed the benef
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Punjab and Haryana High Court in a recent case namely Tata Sky Limited v State of Punjab and another 2011 38 PHT 160 P amp H has held that levy of entertainment duty on providing entertainment by broadcasting signals on TV sets i
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Allowability of depreciation on Assets forming part of Block of Assets if the same was not used during the year CIT vs Oswal Agro Mills Ltd Delhi High Court - TA No 161 of 2006 and others dated 24 December 2010 Facts - The As
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RBI 2010-11 408 DNBS PD CC No 211 03 02 002 2010-11 February 17 2011 In terms of paragraph 16 of Non Banking Financial Deposit Accepting or Holding Companies Prudential Norms Reserve Bank Directions 2007 every deposi
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Notification No 01 2011 Central Excise N T New Delhi the February 17 2011 nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp G S R nbsp E Whereas the Central Go
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Notification No 9 2011-Customs New Delhi the 14th February 2011 G S R 93 E - In exercise of the powers conferred by sub-section 1 of section 25 of the Customs Act 1962 52 of 1962 the Central Government on being sati
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Notification No 12 2011 - Customs N T New Delhi 15th February 2011 S O E In exercise of the powers conferred by sub-section 2 of section 14 of the Customs Act 1962 52 of 1962 the Board being satisfied that
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PUBLIC NOTICE NO nbsp nbsp 33 RE2010 2009-14 nbsp DATED 15th February 2011 Subject Amendments in the Reward Incentive Schemes of Chapter 3 of FTP 2009-14 - Appendix 37A and Appendix 37D of Handbook of Procedure Vol 1 n
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Public Notice No 32 2009-2014 RE- 2010 The 15th February 2011 Subject Amendment in Paragraph 2 63 of Handbook of Procedures Vol I 2009-2014 RE 2010 regarding issue of RCMC by Director Handicrafts Government of Jammu
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Policy Circular No 21 RE-2010 2009-14 nbsp Dated 15th February 2011 Subject nbsp nbsp nbsp Prohibition on export of onion Exemption for export of Bangalore Rose onions and Krishnapuram onions nbsp Export of Onio
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