| FAQ on the Exemption/ Refund Scheme for Exporters 
Refund scheme to exporters was introduced by notification n. 41/2007 dated 6th Oct 2007. The scope of refund was enhanced from time to time along with the procedural changes. To make the scheme simple and ensure speedier disposal, two notifications... | | Rating cannot be construed as a substitute for an exhaustive audit or a fraud detection
The credit crisis has exposed weaknesses in many financial intermediaries. How can rating agencies ensure their views are more accurate and unbiased? Despite due diligence, there is always scope for improvement. Credit rating agencies (CRA) do not... | | Income Tax Search at oldest and richest realtors of Mumbai
One of the oldest and richest realtors of Mumbai, whose family once owned large parts of Powai and even donated land for setting up the IIT, is facing Income Tax (I-T ) trouble. I-T sleuths landed up at the residence and offices of Bhawani Shankar... | | Judgement holding s. 43B (f) (leave encashment) as unconstitutional stayed
CIT vs. Exide Industries (Supreme Court) S. 43B (f) was inserted by the Finance Act, 2001 w.e.f. 1.4.2002 to provide that any sum payable by the assessee as an employer in lieu of any leave at the credit of his employee shall be allowed as a... | | Due date for filing Income Tax Return been extended by one month in Pune, Sangli and Kolhapur 
The Government today extended the date for filing of income tax returns by a month in three districts of Maharashtra."The due date of filing income tax returns, due by September 30, 2009, of tax payer assessed to income tax in the districts... |
With Regards,
CA Sandeep Kanoi
Website: http://www.taxguru.in/
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