UPDATES FROM TAX GURU 09.06.2009

UPDATES FROM TAX GURU 


 

Additional comm. and registrar Manohar Tribhuvan caught red-handed while accepting bribe

Posted: 08 Jun 2009 07:45 PM PDT


Additional commissioner and registrar Manohar Bhagaji Tribhuvan (54) of the State Co-operation Department was on Monday evening caught red-handed by ACB officials, Pune unit, while accepting a bribe...
 

Maharashtra Govt Budget gives relief to small professional taxpayers; hikes VAT

Posted: 08 Jun 2009 10:01 AM PDT


In its recent Budget Maharashtra State Govt. And its Finance Minister offered a mixed bag for the industry, trade and individuals subjected to professional tax.. Keeping in mind not the economic...
 

I-T Department is probing tax evasion of Rs 800 crore

Posted: 08 Jun 2009 09:54 AM PDT


The I-T Department is probing tax evasion to the tune of Rs 800 crore by some stock brokers who are believed to be diverting profits, earned on trading in NSE, BSE and commodity markets, to...
 

IT department set trap for those who undervalue their properties

Posted: 08 Jun 2009 09:50 AM PDT


It's not just high-value property transactions that come under the IT's hawk eyes. The income tax department will scrutinize property deals of even Rs 5 lakh and above to tap tax dues. Thus, the trap...
 

UPA will focus on Small and Medium Enterprises (SME)

Posted: 08 Jun 2009 09:45 AM PDT


The UPA is back at a time faced with economic slowdown and hence, an immediate agenda of economic revival. The Small & Medium Enterprises (SME) is one of the high growth sector with over 40%...
 

Income tax department is set to start an online 'judicial reference system'

Posted: 08 Jun 2009 09:41 AM PDT


The income tax department is set to start an online 'judicial reference system' in order to streamline thousands of departmental cases being fought in various courts and I-T tribunals across the...
 
With Regards, 
CA Sandeep Kanoi 
Website: http://www.taxguru. in/ 
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UPDATES FROM TAXGURU