February 11, 2012 05:02 am EST
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Posted by: pramod5483
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Posted by: pramod5483
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Posted by: pramod5483
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Posted by: pramod5483
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While paying a high price for relatively low earnings can be rough, some companies have the potential for future earnings that might make it worthwhile.
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Posted by: equities
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There have been indications of oil reaching $150 per barrel by mid-summer, but there are a couple items investors need to watch for that could affect this move.
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Posted by: equities
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MCX GOLD (FEB) -Gold FEB contract which will expire on 4thFEB 2012. Gold gave a bearish run as the US debt default concern made the investors cautious. Resistance and support
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Posted by: commodity007
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Wealth starts within your mind, a positive thought process and visualization helps you truly attract wealth in your life.
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Posted by: white2horse
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The Google Finance application has been around since March, 2006, even though you might be hearing about it just now.
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Posted by: white2horse
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PPI Expert is claiming back thousands of pounds daily for customers who were mis-sold Payment Protection Insurance. PPI Expert has had a 94% reclaim success rate so far this year.
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Posted by: martin4thom
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Toro 1800 is an ideal snow thrower for this the next couple of months. For moderate to heavy snow clearing this machine is built to remove 7,000 pounds of snow per minute, giving
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Posted by: ersoz4
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Posted by: cizgifilmin
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Vanuatu Luxury Villa- VLV, is ten minutes from Bauerfield Airport in the country's capital Port Vila. The Villa is located a 20 minute drive from Port Vila township. Unlike villas
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Posted by: josef2habs
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Posted by: cizgifilmin
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If the expenditure is made for acquiring or bringing into existence an asset or advantage for the enduring benefit
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Posted by: carnifex2m
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MCA had changed the structure of Additional Fees to be levied for delay
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Posted by: carnifex2m
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Public Issue by Power Finance Corporation Limited (PFC) of Tax Free Bonds of Face Value of Rs.1,000 Each, In The Nature Of Secured, Redeemable,
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Posted by: carnifex2m
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It has come to the notice of the Reserve Bank that some NBFCs have raised funds under private placement by issuing NCDs of maturity less than 90 days. This
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Posted by: carnifex2m
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Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountan
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Posted by: carnifex2m
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Second proviso to Section 147 stipulates that the Assessing Officer may assess or re-assess such income
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Posted by: carnifex2m
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If in the course of original assessment proceedings, the Assessing Officer has considered and examined
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Posted by: carnifex2m
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In exercise of the Powers conferred by clause (a) of sub-section (1) of section 642 read with sub-sec
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Posted by: carnifex2m
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Legally there is no impediment in presenting the budget on February 29 … There is nothing which prevents us,” said a senior Finance Ministry official asso
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Posted by: carnifex2m
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Assessee proved that interest paid to Reliance Capital Ltd. (7% interest on Rs. 538 crores) amounting to Rs. 2,78,58,082/- has been received from Swan Con
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Posted by: carnifex2m
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On both the years Circular No.3/2011 of CBDT will apply and due to low tax effect, the appeals of the Revenue are not maintainable. There is no case for the Re
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Posted by: carnifex2m
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We find force in the alternate contention of the assesee. Admittedly, the assessee was in custody f
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Posted by: carnifex2m
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As observed by the ld. A.O., the receipts of Rs. 50 lakhs and Rs.41,50,000/- ICD for the assessment years 2001-02 and 2002-03 respectively were not satisfactor
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Posted by: carnifex2m
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In the present case, the assessee has not failed or omitted to disclose material facts either deliberately o
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Posted by: carnifex2m
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MCX Gold - Silver is bullish trend. MCX gold is trading at Rs 27 758 While silver has seen nearly half per cent up, in the domestic market silver is trading above 53 thousand
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Posted by: commodity007
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Since the question whether the payment made under the transaction was chargeable to tax under the A
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Posted by: carnifex2m
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The applicant is said to be providing scientific and technical services to Overseas Shell group entities. SSSABV, a company incorporated in Netherlands, thr -
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Posted by: carnifex2m
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The Bombay High Court in Jet Airways (supra) observed that after issuing a notice under Section 148, the income which has initially formed a reason to bel
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Posted by: carnifex2m
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This Report for the year ended March 2011 has been prepared for submission to the President of India under Article 151(1) of the Constitution of India. Audit
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Posted by: carnifex2m
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Clause 7 speaks of India limiting its taxation at source on interest dealt with in Article 12 of the Convention by providing a lower rate or by providing a sc
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Posted by: carnifex2m
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On the facts and circumstances of the case whether the payment to be made by Perfetti Van Melle Indi
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Posted by: carnifex2m
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After hearing both the parties, we find that the issue is covered against the Revenue and in favour of the assessee by t
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Posted by: carnifex2m
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In the present case, the New India Insurance Co. or other Insurance Company in India, who avails the services of the assessee as a broker in the proce
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Posted by: carnifex2m
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The CAG has pulled up the Income Tax Department for not recovering tax arrears worth over Rs 4,500 crore from various entities due to a lack of coordination b
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Posted by: carnifex2m
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On going through the facts of the case and the grounds of appeal placed before us, we find that the asses
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Posted by: carnifex2m
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The first ground relates to addition of Rs.13,77,000/- made u/s 68 by the AO. During the assessment proceedings the assessee was asked by the AO to prov
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Posted by: carnifex2m
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The Outcome Budget 2012-13 will be prepared on the basis of Budget 2012-13 in the form of a document, separate for each Ministry/Department, broadly cons
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Posted by: carnifex2m
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On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) unchanged at 6 per cent; and keep the
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Posted by: carnifex2m
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The Reserve Bank of India (RBI), has kept policy rates unchanged in its Mid Quarter Review of Monetary Policy announced today. The repo rate (the rate at whic
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Posted by: carnifex2m
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In exercise of the powers conferred by Rule 4(1A) of the Service Tax Rules 1994, Central Board of Excise and Customs hereby specifies the following documents
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Posted by: carnifex2m
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Section 234D of the Act provides for charging of interest on excess refund granted to the assessee. Section 234D has been inserted by the Finance Act, 2003 wit
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Posted by: carnifex2m
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In the present case, admittedly, the reopening of the assessment is beyond a period of four years of the end of th
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Posted by: carnifex2m
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in a situation in which the payment in made for the use of an asset simpliciter, whether with control and possession in its legal sense or not, the payment co
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Posted by: carnifex2m
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The Reserve Bank today swung into action to check slide in rupee value against dollar and speculations. It has imposed restrictions with immediate effect on
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Posted by: carnifex2m
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The President and members of the Council of the Institute of Cost and Works Accountants of India express their utmost unhappiness on the passing of the ICW
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Posted by: carnifex2m
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there is dispute that the assessee has in fact incurred the expenditure and that on account of the aborted public issue offer, no new asset has come into exi
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Posted by: carnifex2m
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Posted by: golf123
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Posted by: sharlenehopera94
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Posted by: mnx7us
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If you’re between the ages of 12 and 65, chances are you’ve tried Internet dating and attempted to meet women online. A recent study shows it’s easy to see why
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Posted by: sharmayne04
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We surveyed a community of daters and asked them questions about dating, sex and relationship advice to find out what first date hookup behavior kills any chance of going out on a
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Posted by: mnx7us
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Posted by: linkbudurda
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Posted by: martin4thom
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Hedgers and Speculators in Futures Transactions
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Posted by: Impexpedia
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Starting out as a contractor, freelancer or consultant? We’ll help you through the maze of tax and legal jargon, offering you no-nonsense, friendly advice.
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Posted by: all2simon
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Posted by: tri3mini
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The Companies Bill, which enhances accountability, introduces the concept of corporate social responsibility and encourages e-governance, was introd
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Posted by: carnifex2m
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Representations requesting clarification on taxability of consideration earned by the distributors/sub-distributors/area distributors of Indian & Foreign
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Posted by: carnifex2m
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Assessee company has duly submitted all requisite documentary evidences before the Authorities below so as to discharge its onus of establishing the identi
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Posted by: carnifex2m
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In ‘Multan Electric Supply Co. Ltd..’ (supra), it has been held, inter alia, that any profit which arises on the forfeiture of shares is neither a revenue receipt, n
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Posted by: carnifex2m
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All the impugned entries were analysed by the assessee company in detail and the entry to entry correlation with the cash workings filed by the applicants befo
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Posted by: carnifex2m
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As per the alteration of security deposit clause dated 10.11.2006 which was placed at page 67 of the paper book it is observed that the lessee shall keep in depo
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Posted by: carnifex2m
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At the hearing of the appeal, learned counsel for the respondent highlighted the relevance of the learned Single Judge noting the conduct of the appella
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Posted by: carnifex2m
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On the identical facts the Tribunal in the assessee’s own case for the assessment years 1998-1999, 1999-2000 & 2000-2002 vide para 23 of the order dated 9.7.2
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Posted by: carnifex2m
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Equities.com | Boeing got its first big order for the new 737 MAX. It rolled out earlier this year after Southwest put in an order for 150 of the new fuel efficient jets.
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Posted by: equities
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Better than expected economic sentiment numbers in Germany is credited for increased risk appetite, and investors are anticipating the Fed's announcement on monetary policy.
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Posted by: equities
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A Division Bench of this Court in the case of Commissioner of Income Tax Vs. Lunar Diamonds Ltd. [2006] 281 ITR 1 (Del.) has held that service of notice wit
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Posted by: carnifex2m
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The Assessing Officer supplied reasons he had recorded for reopening the assessment, which read as under:- “The assessee company filed its return of inco
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Posted by: carnifex2m
0
Whether the appellate tribunal is right in law and on facts in confirming the order passed by the CIT (Appeals) deleting the disallowance of Rs.18,66,000/- mad
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Posted by: carnifex2m
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The Tribunal further noted that the assessee had not placed any material to depict whether it had made any claim before the Income Tax Officer or at the stage
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Posted by: carnifex2m
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Updating of Income Tax PAN details in MCA21 DIN DATA General Circular No: 32/2011 dated 31 /05/2011 read with 66/2011 Dated 4/10/2011, Ministry of Corporate Af
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Posted by: carnifex2m
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Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Cir
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Posted by: carnifex2m
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Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Man
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Posted by: carnifex2m
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PPI Expert is claiming back thousands of pounds daily for customers who were mis-sold Payment Protection Insurance. PPI Expert has had a 94% reclaim success rate so far this year.
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Posted by: martin4thom
0
Based on the recommendations of Committee for Comprehensive Review of National Small Savings Fund, Cent
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Posted by: carnifex2m
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AO has treated the said transactions as bogus transactions on the ground that‑ a) The sale transactions were not on the floor of the ASEL but were off ma
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Posted by: carnifex2m
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The Chairman and Managing Director/Managing Director Government Accounts Department/Head Office State Bank of India/State Bank of Patiala/ State Bank of Bika
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Posted by: carnifex2m
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The Hon’ble Supreme Court in the case of National Thermal Power Company Ltd. Vs. CIT [(1998) 229 ITR 383 (SC)] has held that the Tribunal has the jurisdict
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Posted by: carnifex2m
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Trade advance which are in the nature of money transacted to give effect to a commercial transactions would not, in our view, fall within the ambit of the pr
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Posted by: carnifex2m
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Clubbing of income means Income of other person included in assessee’s total income, for example: Income of husband which is shown to be the income of his wi
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Posted by: carnifex2m
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In scrutiny assessments it is sometimes seen that huge demands are created against the assessee by framing high pitched assessments due to difference in opinio
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Posted by: carnifex2m
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Now you can view tax credit statement (Form 26AS) without registering at NSDL through www.incometaxindiae filing.gov. in .New facility added in “My Account”
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Posted by: carnifex2m
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Qi: Who can claim deduction u/s 80CCD regarding new pension scheme? A1: As per the provisions of section 80CCD of the Income Tax Act, 1961, Where
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Posted by: carnifex2m
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There are 18 Sections in Income Tax Act, 1961 that provides for Deduction of Tax at Source. Out of these 18, only 3 sections [194C, 194J and 194L] use th
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Posted by: carnifex2m
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It gives me immense pleasure to inform you that for the first time in India, two pioneers of Commerce and Accountancy education namely the Institute of Chartered Accountants of
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Posted by: carnifex2m
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It is not in dispute that the entries were made contemporaneously when the expenditure was incurred between September, 1997 and December 1997. Therefore, though
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Posted by: carnifex2m
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Having heard learned counsel on both sides, we are of the view that the High Court ought not to have dismissed the appeal without considering the following questions, which, acco
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Posted by: carnifex2m
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Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department,
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Posted by: carnifex2m
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Some times we found difficulties while registering with e-filling website. When we enter the Permanent Account Number (PAN) for registration purpose and other details, it sho
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Posted by: carnifex2m
0
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby mak
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Posted by: carnifex2m
0
Guidelines for reporting TDS transactions where amount paid to deductee has not exceeded the threshold limit in the first quarter but i
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Posted by: carnifex2m