Calculate your Portfolio in real time on Excel Posted: 24 Mar 2012 08:52 PM PDT This Excel Sheet calculate your portfolio in real time. Benefits of the sheet is that you have a complete scenario of your portfolio (total Gain/loss at the moment, total brokerage actual gain/loss including brokerage etc.) at a glance with out... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| ITAT treats appeal filed by revenue as unadmitted/dismissed for non persecution Posted: 24 Mar 2012 08:21 PM PDT In the case of Commissioner of Income-tax vs. Multiplan India (P) Ltd.; 38 ITD 320 (Del), the appeal filed by the revenue before the Tribunal, which was fixed for hearing. But on the date of hearing nobody represented the revenue/appellant nor any... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| Payment of interest in addition to price is nothing but an integral process of acquisition of shares Posted: 24 Mar 2012 07:54 PM PDT Assessing Officer has observed that according to AIR Information, assessee has received a sum of Rs.41,73,321 on account of interest other than securities from Swedish Match Singapore Pte Limited. He issued a show-cause notice to the assessee... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| DRP Revised Constitution w.e.f. 21.03.2012 Posted: 24 Mar 2012 07:24 PM PDT In partial modification of Order No. 1/FT&TR/2012 and in exercise of powers conferred under section 144C of the income Tax Act, 1961, the Board hereby constitutes the Dispute Resolution Panel (DRP) comprising of three Commissioners of Income... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| CBDT's List Of Potential Promotees to Post of Assistant CITs Posted: 24 Mar 2012 07:21 PM PDT The CBDT has vide letter dated 23.03.2012 released a list of Income-tax Officers who are in the consideration zone for promotion to the grade of Assistant Commissioner of Income-tax. [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| CBDT Sets Up 'Advisory Group for International Taxation and Transfer Pricing' Posted: 24 Mar 2012 07:11 PM PDT In order to reduce tax litigation and bring tax certainty in the area of international taxation and transfer pricing, an 'Advisory Group for International Taxation and Transfer Pricing' has been set up comprising of following members: i. Revenue... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| Interest rate on GPF Increased to 8.6 % wef 01.12.2011 Posted: 24 Mar 2012 02:17 AM PDT It is announced for general information that during the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight per cent) for the period from... [[ This is a content summary only. Visit www.taxguru.in for full article.]] 
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| Constitution of a Committee to formulate a Policy Document on Corporate Governance – General Circular No. 6/2012 Posted: 23 Mar 2012 09:06 PM PDT General Circular No. 6/2012 In continuation of this office O.M. of even number dated 7.03.2012 the undersigned is directed to say that Shri Sudhir Additional Secretary in this Ministry shall be the nominee of the Ministry of Corporate Affairs in the...
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