INCOME TAX UPDATE NOVEMBER 19,2015 Income Tax Updates 1.Land acquired under an agreement not to be held as compulsory acquisition under Sec. 194LA 2. No search proceedings against client… Read More
CORPORATE AND PROFESSIONAL UPDATES NOVEMBER 18, 2015 Direct Tax Gift couldn't be held as unexplained if made by relatives out of love/affection and they were income-tax assessee IT : Where… Read More
INCOME TAX UPDATE 18 NOVEMBER, 2015 INCOME TAX ACT SECTION 43B BUSINESS DISALLOWANCE - CERTAIN DEDUCTIONS TO BE ALLOWED ONLY ON ACTUAL PAYMENT PF contribution : Where employee contributions were not… Read More
COMPANIES ACT SECTION 397 OPPRESSION AND MISMANAGEMENT Where CLB passed status quo order in respect of subject property to restrain creation of third party rights, construction done by respondent tenant… Read More
Overview on ESOP's Taxation In India What's the ESOP? ESOP or Employee Stock Option Plan – also referred to as Employee Stock Ownership Plans in India – is a scheme… Read More
INCOME TAX UPDATE 18 NOV 2015 INCOME TAX ACT SECTION 2(15) CHARITABLE PURPOSE Object of general public utility : Where assessee was carrying on micro finance business in a commercial manner,… Read More
Corporate and Professional Updates Indirect Taxes: Cenvat Credit - Storage of input outside the factory - Removal of goods without necessary permission under Rule 8 of CENVAT Credit Rules 2004… Read More
CORPORATE AND PROFESSIONAL UPDATE 17 NOVEMBER,2015 PROFESSIONAL UPDATE 1. SIT asks MCA to take action against persons holding directorship in more 20 companies Among others Special Investigation Team (SIT) calls… Read More
TAXES AND FINANCE UPDATE NOVEMBER 16, 2015 INDIRECT TAXES CBEC revises arrest, prosecution norms Nov 02, 2015 The Central Board of Excise and Customs (CBEC) has revised the monetary limits… Read More
FINANCIAL MANAGEMENT FINANCE & MONEY MARKETS Highest premium paid by FPIs to get G-Sec limits falls to 62 bps from 82 bps last month Nov 03, 2015 Foreign investors’ appetite… Read More