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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Sat, Aug 13, 2011 at 9:52 AM
Subject: TaxGuru : "Income Tax – Filing appeals to ITAT – New Instructions Issued" plus 18 more
To: palashbiswaskl@gmail.com
From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Sat, Aug 13, 2011 at 9:52 AM
Subject: TaxGuru : "Income Tax – Filing appeals to ITAT – New Instructions Issued" plus 18 more
To: palashbiswaskl@gmail.com
TaxGuru : "Income Tax – Filing appeals to ITAT – New Instructions Issued" plus 18 more | |
- Income Tax – Filing appeals to ITAT – New Instructions Issued
- Software vendorwise percentage of correction TDS/TCS statements accepted and rejected at TIN, rejection using consolidated file for the period April 1, 2011 to June 30, 2011 and percentage of TANs registered at TIN for the period August 1, 2010 to June 30, 2011
- Waiver from the requirement of Bank Guarantee in respect of EOUs – Amendment to Circular No. 54/2004-Customs dated 13.10.2004 – reg
- DGFT reduces Minimum Export Price of Sona Masuri, Ponni Samba and Matta varieties of rice to USD 600 per MT
- RBI says Liquidity in Indian banking system not under stress
- Tax info from overseas authorities is subject to confidentiality and cannot be made public
- ICAI issues Frequently Asked Questions on verification of marks
- Company Law Settlement Scheme, 2011 for companies who defaulted in filing Annual Returns with ROC
- ICSI playing a pivotal role in promoting good governance among the corporates-Dr. M. Veerappa Moily
- IASB proposes adjustment to effective date of IFRS 9
- ICAI requiress professional for taking session on various Subject in Courses offered by it
- Pranab Mukherjee Unveils a New Audio-Visual Presentation of Five Verses of 'Jana Gana Mana'
- RBI Advises Banks to Achieve Target of 60 Percent of MSE Advances for Micro Enterprises by 2012-13
- DGFT on Minimum Export Price of Onions – Notification No 66 (RE – 2010)/2009-2014
- Results of 16th Round (Q1:2011-12) of Survey of Professional Forecasters on Macroeconomic Indicators
- Operational Guidelines on implementation of Electronic Benefit Transfer (EBT) and its convergence with Financial Inclusion Plan (FIP)
- Tariff Values of Edible Oils, Brass Scrap (All Grades) and Poppy Seeds Notified -Notification No.57/2011-Customs (N.T.)
- Discretion to customers for selection between RTGS and NEFT
- Sikkim HC upheld conviction of EX- Chief Minister of Sikkim
| Income Tax – Filing appeals to ITAT – New Instructions Issued Posted: 12 Aug 2011 09:08 PM PDT Section 253 Of The Income-Tax Act, 1961 - Appellate Tribunal - Appeals To - Instructions Regarding Standard Operating Procedure On Filing Of Appeals To ITAT Under Section 253 And Related Matters. INSTRUCTION NO. 08/2011 [F NO. 279/MISC./M-... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 12 Aug 2011 08:39 PM PDT Statistics are displayed only for the software vendor where number of correction statements uploaded is more than 100. Software vendor wise percentages are computed on the total statements prepared using that software. Statistics of TANs... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 12 Aug 2011 08:36 PM PDT In terms of the provisions of para 6.12 (f) of FTP announced on 31.8.2004, exemption was granted for 100% EOUs from furnishing bank guarantee at the time of import or going for job work in DTA subject to certain prescribed conditions to be followed... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 12 Aug 2011 08:09 PM PDT Public Notice No. 72 (RE-2010)/2009-2014. Date - 12th August, 2011 Subject: Minimum Export Price(MEP) for export of Sona Masuri, Ponni Samba and Matta rice. In exercise of the powers conferred by Para 2.4 of the Foreign Trade Policy, 2009-2014,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| RBI says Liquidity in Indian banking system not under stress Posted: 12 Aug 2011 07:50 PM PDT The upheaval in domestic markets that followed the US economic downgrade notwithstanding, RBI on Friday said the liquidity in the Indian banking system was not under stress and the central bank was monitoring the situation closely. [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Tax info from overseas authorities is subject to confidentiality and cannot be made public Posted: 12 Aug 2011 07:44 PM PDT The government on Friday said that tax information received from overseas authorities is subject to confidentiality and cannot be made public or used for prosecution purposes without prior permission. Financial Intelligence Unit India receives,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| ICAI issues Frequently Asked Questions on verification of marks Posted: 12 Aug 2011 07:16 PM PDT 1. What is meant by verification of marks? The process of verification of marks covers the following: Checking: Whether the answer book(s) compilation is complete Whether any question or part thereof has remained unvalued Whether... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Company Law Settlement Scheme, 2011 for companies who defaulted in filing Annual Returns with ROC Posted: 12 Aug 2011 07:10 PM PDT The Ministry of Corporate Affairs, in exercise of the powers under Section 611(2) and 637B (b) of the Companies Act, 1956 has decided to introduce a Scheme namely, 'Company Law Settlement Scheme, 2011,'condoning the delay in filing documents with... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| ICSI playing a pivotal role in promoting good governance among the corporates-Dr. M. Veerappa Moily Posted: 12 Aug 2011 07:04 PM PDT Union Corporate Affairs Minister Dr. M. Veerappa Moily has thrust upon a Corporate culture that must be familiar to the universally accepted values of good governance – accountability, transparency, responsibility and responsiveness to stakeholders.... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| IASB proposes adjustment to effective date of IFRS 9 Posted: 12 Aug 2011 06:57 PM PDT The International Accounting Standards Board (IASB) published today for public comment an exposure draft of proposals to adjust the mandatory effective date of IFRS 9 Financial Instruments. The exposure draft proposes an effective date of 1 January... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| ICAI requiress professional for taking session on various Subject in Courses offered by it Posted: 12 Aug 2011 03:17 PM PDT ICAI requires technically par excellence professionally successful, academically brilliant resource persons for taking sessions on various subjects & emerging topics in the various Certification Courses offered by the ICAI. The ICAI conscious... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Pranab Mukherjee Unveils a New Audio-Visual Presentation of Five Verses of 'Jana Gana Mana' Posted: 12 Aug 2011 04:11 AM PDT The Finance Minister Shri Pranab Mukherjee, who is also Chairperson of the National Implementation Committee to commemorate 150th birth anniversary of Gurudev Rabindranath Tagore, today launched a new Audio-Visual presentation of Gurudev... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| RBI Advises Banks to Achieve Target of 60 Percent of MSE Advances for Micro Enterprises by 2012-13 Posted: 11 Aug 2011 11:59 PM PDT In order to ensure availability of sufficient credit to MSE Sector, Banks have been advised by RBI to achieve the following targets: i) 60% of MSE advances for Micro Enterprises by 2012-13, to be achieved in three stages: i.e. 50% by 2011, 55% in... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| DGFT on Minimum Export Price of Onions – Notification No 66 (RE – 2010)/2009-2014 Posted: 11 Aug 2011 09:51 PM PDT Minimum Export Price (MEP) of Bangalore Rose Onions and Krishnapuram onions will be US$ 400 per Metric Ton F.O.B. It was US$ 350 per Metric Ton as notified on 16.05.2011. Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Results of 16th Round (Q1:2011-12) of Survey of Professional Forecasters on Macroeconomic Indicators Posted: 11 Aug 2011 09:45 PM PDT The Reserve Bank of India today released on its website the results of quarterly Survey of Professional Forecasters on major macroeconomic indicators of short to medium term economic developments. The survey round relates to the first quarter of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 11 Aug 2011 09:43 PM PDT As you are aware, Electronic Benefit Transfer (EBT) for servicing low value accounts and extending banking infrastructure to underserved low income areas has been implemented in the states of Andhra Pradesh, Haryana, Karnataka, Orissa, Chhattisgarh,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 11 Aug 2011 09:20 PM PDT Tariff Values of Edible Oils, Brass Scrap (All Grades) and Poppy Seeds Notified Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.57/2011-Customs (N.T.) dated August 12, 2011 and thereby... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Discretion to customers for selection between RTGS and NEFT Posted: 10 Aug 2011 09:41 PM PDT DPSS (CO) EPPD No./274/04.03.01/2011-12 As you are aware, RTGS and NEFT are two important pan-India payment systems introduced by Reserve Bank of India keeping in mind the requirements of various customers in the wholesale and retail payment systems... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Sikkim HC upheld conviction of EX- Chief Minister of Sikkim Posted: 10 Aug 2011 08:11 PM PDT The Hon'ble Sikkim High Court has upheld the conviction of Shri Nar Bahadur Bhandari, the then Chief Minister of Sikkim, Shri P.K. Pradhan (IAS), the then Secretary, Rural Development Deptt., Govt. of Sikkim and others U/s 120(B) IPC and Section... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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Palash Biswas
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