Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ACCOUNTING STANDARD :: VAT RATES :: ACCOUNTING STANDARDS :: due date for vat payment :: empanelment :: VAT Audit :: TDS
 
 
« News Headlines »
 Filing of online return for 4th quarter of 2016-17 — extension of period thereof
 CBDT simplifies ITR filing process from FY18
 Govt extends service tax return filing date to April 30
 No move to tax farm income, clarifies Arun Jaitley
 New board for indirect taxes to become operational from June 1
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned

Orders on pleas of SEBI, Income tax dept today
February, 19th 2009

The Sixth Additional Chief Metropolitan Magistrate today posted orders for tomorrow on the Securities Exchange Board of India (SEBI)s application seeking permission to record the statements of Satyam scam accused B Ramaraju, S Gopalakrishnan and Ttalluri Srinivas (auditors). Orders on the Income Ttax (IT) department seeking permission to question B Ramalinga Raju and on the bail applications filed by Ramalinga Raju, Ramaraju and Vadlamani Srinivas would also be pronounced tomorrow.

Earlier, conceding to the SEBIs plea, the accused auditors counsel Masthan Naidu said his clients had no objections to the SEBI recording their statements.

He told the court that prior to their arrest, the auditors duo was questioned by the SEBI and they had been in touch with each other regularly. We dont know what more they want to record. All the records were seized by the investigating agencies. Iin any case, Gopalakrishnan and Tt Srinivas are ready to cooperate with the SEBI as they did for other agencies, Naidu said.

The counsel said continuing the accused in judicial remand would not serve any purpose when they were expressing their willingness to cooperate with the law and the investigating authorities. As long as they were in jail, their liberty would be curtailed, the counsel maintained. The counsel for the SEBI said under Sections 11, 11 (A), 11 (C) and 19 of the SEBI Act, the board was empowered to question the accused and record statements. Submitting a copy of the Supreme Court judgment, the SEBIi counsel said they had the right to confront the accused with the material evidence they had with them.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions