| Section 120(1) and (2) of the Income-tax Act, 1961 – Jurisdiction of income-tax authorities Posted: 02 Oct 2009 11:00 AM PDT 
Notification No. 74/2009 Section 120(1) and (2) of the Income-tax Act, 1961 – Jurisdiction of income-tax authorities In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 196I (43 of 1961), the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Section 118 of the Income-tax Act, 1961 – Control of income-tax authorities – Notified subordinate officers Posted: 02 Oct 2009 10:55 AM PDT 
Notification No. 73/2009 Section 118 of the Income-tax Act, 1961 – Control of income-tax authorities – Notified subordinate officers In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Section 117(1) and (2) of the Income-tax Act, 1961 – Appointment of income-tax authorities – Notified officer Posted: 02 Oct 2009 10:48 AM PDT 
Notification No. 72/2009 Section 117(1) and (2) of the Income-tax Act, 1961 – Appointment of income-tax authorities – Notified officer In exercise of the powers conferred by sub-sections (1) and (2) of section 117 of the Income-tax Act,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| ICAI likely to restrict the number of entities an audit firm can register Posted: 02 Oct 2009 10:46 AM PDT 
The Institute of Chartered Accountants of India (ICAI) is likely to restrict to two the number of entities an audit firm can register. The move follows denials by PWC of any connection with the tainted entity that conducted the audit on Satyam... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| CEO of ICWAI been fined for failure to give timely information under RTI Posted: 02 Oct 2009 10:38 AM PDT 
The Central Information Commission has slapped the maximum fine of Rs 25,000 provided under the RTI Act on the CEO of a cost accounting body for failure to give timely information in a case. The CIC slapped the fine on the Institute of Cost and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| MVAT circular on electronic Filing of Audit Report in Form -704 Posted: 02 Oct 2009 10:32 AM PDT 
TRADE CIRCULAR No. VAT/ JC MAHAVIKAS/ Trade Cir. No.27T of 2009 Dated: 1st October 2009 Sub: Filing of Audit Report in Form -704 electronically. Ref.: 1. Notification No VAT/AMD- 1009/IB/ADM- 6 dated 21st August 2009. ,2. Notification... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| MVAT circular on Periodicity of return filing for the period 01.04.09 to 31.03.10 Posted: 02 Oct 2009 10:23 AM PDT 
No. VAT/ JC MAHAVIKAS/ Trade Cir. No.26T of 2009 Dated: 1st October 2009 Sub: Periodicity of return filing for the period 01.04.09 to 31.03.10 Ref.: List of dealers on the website www.mahavat.gov.in showing periodicity of return filing. Gentlemen/... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Proviso to s. 2(15) does not apply to incidental services rendered without profit motive Posted: 02 Oct 2009 10:06 AM PDT 
Himachal Pradesh Environment vs. CIT (ITAT Chandigarh) The assessee, a statutory Board, was set up for prevention of pollution of streams and wells in the State and other allied activities. It derived income from various testing charges etc. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
