RECENT INCOME TAX CASE LAWS IN INDIA

We are Posting here on Regular Basis Recent Judgements on Direct Tax delivered by Supreme Court, High Court and Tribunals.

List of Eligible Shares / Mutual Funds / ETFs under RGESS

Posted by kanoisandeep | Tuesday, February 19, 2013

List of Eligible Shares / Mutual Funds / ETFs under RGESS

List of Eligible Shares / Mutual Funds (MFs) & Exchange Traded Funds (ETFs) under Rajiv Gandhi Equity Saving Scheme (RGESS) The investment options under the scheme will be limited to the following categories of equities?*: Listed equity shares a. The top 100 stocks at NSE and BSE i.e., CNX-100...

CS December 2012 Exam results likely on 25.02.2013

The Result Of Foundation Programme (Old Syllabus), Executive Programme And Professional Programme Examinations Held In December, 2012 Is Scheduled To Be Declared At 11.00 A.M. On 25th February, 2013. The Results Alongwith Individual Candidate's Subject Wise Break-Up of Marks Will Be Available on...

Expenditure on corporate membership of club is revenue expenditure

Expenditure should bring into existence an asset or an advantage for the enduring benefit of a trade. In the present case, the corporate membership of Rs.6 lacs was for a limited period of 5 years.

Revised Audit Report Formats for bank/ bank branch audit

Applicability of the Revised Audit Report Formats (including for bank/ bank branch audit reports) and Reporting in respect of Memorandum of Changes in Bank Audit Reports As you would be aware, the Institute of Chartered Accountants of India had pursuant to the issuance of the Revised SA...

Customs -Post Export EPCG Duty Credit Scrip Scheme notified

NOTIFICATION NO 06/2013-Cus., Dated: February 18, 2013 G.S.R. 100 (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, being satisfied that it is necessary in the public interest so to do, hereby exempts goods when...

Excise – Post Export EPCG Duty Credit Scrip Scheme notified

NOTIFICATION NO 03/2013-Central Excise, Dated: February 18, 2013 G.S.R. 102 (E). In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance)...

Grant of Commendation Certificate on the occasion of Central Excise Day, 2013 – regarding

On the occasion of Central Excise Day, 2013, it has been proposed to award Commendation Certificates to selected officers at an All India level from different grades who, by their innovative ideas/continued devotion and commitment to duty have contributed in promoting excellence in the fields of...

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