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: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: articles on VAT and GST in India :: cpt :: VAT Audit :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ACCOUNTING STANDARD :: form 3cd :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment
 
 
« General »
  Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
 SH. VISHWA NATH GUPTA Vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL, KANPUR AND ANR.
 No tax scrutiny of big transaction if it matches income
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
  Home loan tax reliefs often missed by taxpayers
 Income tax department launches online facility for linking Aadhaar and PAN
 Home loan tax reliefs often missed by taxpayers
 Tax headache in India is a bonanza for global accounting firms
 Activities To Be Treated As Supply Even If Made Without Consideration Under CGST ACT
  Haryana Goods and Services Tax Bill passed
 Maharashtra to focus on rise in non-tax income

Only NRIs with unexplained wealth need to bother: CBDT chief
April, 04th 2012

Assuring non-resident Indians (NRIs) that they need not worry about the proposed provision in the finance bill, 2012, the government today said that the provisions will apply only to unexplained money, investments and expenditure.

If any money is found to be of some person and then it comes to our knowledge, then if it is legitimately explained he doesnt have to bother. But if it is unexplained then we will have to bother and we will bother, CBDT chairman Laxman Das said at a Ficci event.

In Budget 2012-13, the government has proposed to introduce compulsory reporting in case of assets held abroad, while allowing the reopening of assessment up to 16 years in relation to such assets.

The unexplained money, credits, investments, expenditures, etc, will be taxed at 30 per cent irrespective of the slab of income.

Finance Secretary RS Gujral also said that there is no intention that NRIs should not return or should not bring back their assets to the country.

Tech Mahindra, Satyam to meet today on merger issue

Three years after the takeover of scam-hit Satyam Computer Services, the Mahindra group has finally decided to merge Tech Mahindra with Satyam.

The boards of the two companies will meet on Wednesday to consider a merger that will have a combined market value of around Rs 17,000 crore.

The Mahindras acquired 42.7 per cent stake in Satyam in a government-sponsored sale in April 2009 after Satyams founder and then-chairman B Ramalinga Raju confessed to overstating profits and cash balances in January that year.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Portal Design Website Design Portal Designing Website Designing Web Design Professional Portal Design Professional Website Design Professional Web Design Portal Design India Website Design India Portal Designing India Website Designing India Web Design India Professional Portal Design India Professional Website Design India Chicago Professional Web Design New York Professional Web Design California Website Design Florida Website Design New Jersey Website Design Britain UK Website Design London Manchester Website Design

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