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: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: articles on VAT and GST in India :: TDS :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: form 3cd :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4%
 
 
« News Headlines »
 How to link your Aadhaar and PAN details to file income-tax returns
 How to calculate capital gains tax on property sold at less than stamp value?
 Return Filing - Under GST, this is how you will file tax returns from July 1
 Income tax filing FAQs part 1
 Filing Income Tax Returns? Things To Keep In Mind As Deadline Approaches
 Filing of online return for 4th quarter of 2016-17- extension of period thereof.
 New tax accounting standards may reduce leeway for infrastructure companies
 GST – CONCEPT & STATUS – As on 01st May, 2017
 Govt extends VAT deadline, relief for developers
 Income Tax Appellate Tribunal Rules, 2017
 Got your Form 16? You should file income tax returns early to enjoy benefits

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