Borrowing and Lending in Rupees – Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds
Date: Dec 24, 2013 Borrowing and Lending in Rupees – Investments by persons resident outside India in the tax free, secured,...
National Savings Securities
Date: Dec 19, 2013 Inflation Indexed National Savings Securities- Cumulative, 2013 RBI 2013-14/411 DGBA.CDD.No. 3688/13.01.999/2013-2014 December 19, 2013 The Chairman & Managing Director Head...
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts
RBI vide its notification no.DBOD.No.BP.BC.78/21.04.048/2013-14 dated December 20, 2013, has clarified the norm for bringing the credit card dues under NPA. It reads ou as...
Clubbing of Income
Income from other persons included in Assessee’s Total Income Normally an assessee is taxed in respect of his own income only, but U/s 60...
Service Tax On Construction Services
Circular No. 151 /2 /2012-ST F.No.332/13 /2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tax Research...
Income from Other Sources
Income from Other Sources (Section 56 to 59) Introduction: – Any income not taxable under the head salary, House Property, Income from Business /Profession,...
PwC gets SC notice on Fema, FDI rules violation charges
PwC gets SC notice on Fema, FDI rules violation charges The Supreme Court on Friday issued a notice to auditing major PriceWaterhouse Coopers Pvt...
Railways Not Covered u/s 40A(3)
HIGH COURT OF KARNATAKA Commissioner of Income-tax v. Devendrappa M. Kalal K.L. MANJUNATH AND A.N. VENUGOPALA GOWDA, JJ. IT APPEAL NO. 5018 OF 2012...
Article 370 of the Indian Constitution
Article 370 of the Indian Constitution (1) Temporary provisions with respect to the State of Jammu and Kashmir. Notwithstanding anything in this Constitution,- (a)...
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