Monday, December 6, 2010

Fwd: TaxGuru.in : Legal & Tax Updates



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From: LEGAL & FINANCIAL UPDATES FROM TAX GURU <info@taxguru.in>
Date: Mon, Dec 6, 2010 at 9:47 AM
Subject: TaxGuru.in : Legal & Tax Updates
To: palashbiswaskl@gmail.com


TaxGuru.in : Legal & Tax Updates

Link to LEGAL & FINANCIAL  UPDATES FROM TAX GURU

Facebook Offers Rs 70 Lakh Package For IIT Madras Students

Posted: 05 Dec 2010 12:46 PM PST


Facebook on Friday recruited one of its addicts from India The website which recently logged its 500 millionth active citizen made an offer of about Rs 70 lakh for a posting in the United States which has created a buzz on all

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DTC To Make Tax System More Predictable- Pranab

Posted: 05 Dec 2010 11:14 AM PST


Finance Minister Pranab Mukherjee today said the government will try to plug tax leakages through the proposed Direct Taxes Code DTC which will make the taxation regime transparent and predictable We are in the process of bringing i

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Govt Begins Hunt For 8 Public Sector Bank Chiefs

Posted: 05 Dec 2010 07:56 AM PST


The government has begun the process for selecting chiefs of at least eight public sector banks including the country s biggest lender SBI where top position would fall vacant in the next fiscal Kicking off a process that might tak

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Now You Can T Buy Mutual Funds Without A PAN Card

Posted: 05 Dec 2010 07:46 AM PST


All mutual fund investors new as well as existing will need to mandatorily furnish their PAN Permanent Account Number details from next year irrespective of the size of their investment The move is part of the revised Know-Your-Cu

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CWA And CAT December 2010 Exams Admit Card Hall Ticket Available For Download - ICWAI

Posted: 05 Dec 2010 06:43 AM PST


CWA and CAT December 2010 Exams Admit Card Hall Ticket available for download official links of ICWAI CWA Exam Admit Card Hall ticket Download Link CAT Exam Admit Card Hall ticket Download Link Any problems Queries regardi

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Forfeiture Of Gratuity For Loss Sustained Illegal

Posted: 05 Dec 2010 06:35 AM PST


The Payment of Gratuity Act 1972 did not provide for forfeiture of gratuity amount due to employees in any other contingency except the one covered under Section 4 6 viz recovery of dues from them Also the law stipulated tha

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Maharashtra State Co-operative Bank Shown Profit Of 287 Crore Instead Of Loss Of 1043 Crore

Posted: 05 Dec 2010 05:42 AM PST


The Maharashtra State Co-operative Bank run largely by Nationalist Congress Party NCP leaders has turned its loss of Rs 1 043 crore in 2009-10 into a profit of Rs 2 87 crore The wrongdoing was exposed by the auditors of the ban

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Eligible Government Employees With A Bright Career Should Not Be Deprived Of Promotional Avenues

Posted: 05 Dec 2010 01:58 AM PST


The Allahabad High Court has ruled that eligible government employees with a bright career should not be deprived of promotional avenues The denial of promotional avenues with the intention to adjust others shall have demoralising ef

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Initial Draft Of Guidance Note On Cost Accounting Standard On Material Cost Cas-6

Posted: 04 Dec 2010 11:16 AM PST


The Secretariat of the CASB of ICWAI has drafted the Initial Draft of Guidance Note on Cost Accounting Standard - 6 on Material Cost CAS - 6 The proposed initial draft shall be modified in light of comments received before being for

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Online Payment Platform Can Save Government A Rs 1 00 000 Crore A Year- McKinsey

Posted: 04 Dec 2010 10:43 AM PST


An estimated annual savings of around Rs 1 00 000 crore makes a compelling case for the government to make a one-time investment of Rs 60 000-70 000 crore to build an electronic payment platform for all its transactions with individual

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Sebi May Tighten Disclosure Norms To Check Manipulation

Posted: 04 Dec 2010 10:38 AM PST


Amid several instances of market manipulation capital market regulator Sebi may tighten disclosure rules to check operators and company promoters cutting bulk trades outside the regulator s radar feel fund managers and brokers I

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F Forms Under CST Act 1956

Posted: 05 Dec 2010 01:25 PM PST


To constitute interstate sales one of the basic requirement is that there should be sale If a person sends goods outside from its state to its branch office in another state then it is not sale because you cannot sell goods to yourse

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Continuity Of EEE And EET Model Of Tax Savings

Posted: 05 Dec 2010 05:22 AM PST


Dr Sanjiv Agarwal Domestic savings are crucial both for the national economy as well as for the people who save particularly during recessionary times This was proved once again wherein unlike many Western countries India

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Constitutional Validity Of Levy Of Service Tax On Commercial Renting And Amendment With Retrospective Effect I E 1 6 2007

Posted: 05 Dec 2010 01:27 PM PST


The Petitioner owner of commercial immoveable property has let out the said property to business entities on rental basis The Petitioner has challenged the levy of Service Tax on renting of immoveable property covered under Section

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Constitutional Validity Of The Parliament To Levy Service Tax On Financial Leasing Services Including Equipment Leasing And Hire-purchase

Posted: 05 Dec 2010 01:21 PM PST


The appellant is an association of leasing and financial companies The appellant had filed a writ petition in the Madras High Court challenging the levy of Service Tax imposed on the financial leasing services covered under Banking

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Scope Of The Expression Job Worker

Posted: 05 Dec 2010 01:01 PM PST


M s Coromandel Paints Ltd the appellant are manufacturers of paints varnishes thinners falling under chapter 32 and 38 of the schedule to the Central Excise Tariff Act 1985 the Central Excise Tariff The appellant had

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Automated Income Tax Fy 10-11 With Form-16 ITR-I For Annual Return For All Govt Non-Govt Employees

Posted: 05 Dec 2010 06:02 PM PST


Form-16 ITR-I Preparation for Income Tax for financial year 2010-2011 For Annual Return This Software 8217s Some Cell are Locked If you choose this Software You have to pay Rs 200 - Two Hundred for this software as unlocked Cell

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Procedure And Practice Before Income Tax Appellate Tribunal

Posted: 04 Dec 2010 08:49 PM PST


1 Objective 2 Constitution 3 Qualifications for members 4 President Vice President 5 Appealable Orders 6 Time limit for filing an appeal 7 Condonation of delay 8 Memorandum of Appeal 9 Additional Ground 10 Dress Re

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Summary Of Case Laws On Foreign Contribution Regulation Act 1976

Posted: 04 Dec 2010 08:36 PM PST


Summary of Various Landmark Case Laws on Foreign Contribution Regulation Act 1976 decided by High Court and Supreme Court

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Performa Of Declaration Giving Details Of Past Employment

Posted: 04 Dec 2010 07:04 PM PST


1 I state that I have worked in M s establishment in which last employed upto and was holding PF Account No with the Regional Provident Fund Commissioner s Office at Maharashtra Download to view

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Income Tax Preparation Software Form-16 SARAL-II 10E FY 10-11 For Tamil Nadu Govt Non-Govt Employees For Assessment Year 2010-2011

Posted: 04 Dec 2010 04:58 AM PST


Income Tax preparation Software in Excel Based for financial year 2010-2011 and Assessment Year 2011-2012 for Tamil Nadu Govt Employees Salaries Person This Software can prepare at a time the Salary Statement ITR-I FORM-16 Relief of

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Income Tax Preparation Software Form-16 SARAL-II 10E FY 10-11 For CentralGovt Non-Govt Employees For Assessment Year 2010-2011

Posted: 04 Dec 2010 04:53 AM PST


Income Tax Preparation for Central Govt and Non-Govt Employees for financial year 2010-2011 and Assessment Year 2011-2012 If you Choose this Software you have to pay Rs 500 - for this Software For Contact - pranab banerjee83 gmail

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Income Tax Preparation Software Form-16 SARAL-II 10E FY 10-11 For Haryana Govt Non-Govt Employees For Assessment Year 2010-2011

Posted: 04 Dec 2010 04:45 AM PST


Income Tax Preparation Software in Excel based for financial year 2010-2011 for Haryana Govt Employees and Non-Govt employees for Assessment Year 2011-2012 It Can Prepare your Income Tax for Salaries Person the Salary Statement Form-1

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