Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: due date for vat payment :: VAT Audit :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: articles on VAT and GST in India :: VAT RATES :: ACCOUNTING STANDARD :: TDS :: cpt :: ACCOUNTING STANDARDS
 
 
News Headlines »
 The penalties for not paying tax on time
 How to make your salary tax efficient
 I-T Department may go into overdrive this quarter
 Ways to reduce the TDS deduction from your salary
 4 Tips for choosing who prepares your 2017 Tax Returns
 Processing of income-tax returns under section 143(1) of the Income-tax Act which were filed in Forms ITR-1 to 6 & applicability of section 143(1)(a)(vi)
 Price Waterhouse gets 2-year ban in Satyam case
 How to save income tax under section 80C
 These four expenditures can help you save tax under section 80C
 How to avoid excess deduction of TDS from salary income
 Income-tax deduction from salaries during the financial year 2017-18 under section 192 of the Income-tax Act, 1961

Satyam soars 10% on tax row settlement report
June, 24th 2010

Mahindra Satyam surged over 10 per cent amid reports that the company is in advanced stages of resolving the tax dispute with its British client Upaid.

Shares of Mahindra Satyam (formerly known as Satyam Computers) closed at Rs 93.65, up 9.92 per cent on the Bombay Stock Exchange, after soaring 11.26 per cent to touch a-month high of Rs 94.80, even in a flat broader market index Sensex that settled flat at 17,755.94 points, or up 6.25 points.

But, when contacted Mahindra Satyam official said there is no new development in the tax liability case with Upaid and declined to comment on the stock movement.

"The stock has shown a great upsurge with huge volumes which is a definite indicator of some positive development in the counter. I expect the share to move further on a positive side," SMC Global vice-president Rajesh Jain said.

The share gained on huge volumes with about 6.35 crore shares changing hands on both the bourses.

On February 23, Mahindra Satyam had filed a lawsuit in a New York court against its former English client Upaid, seeking to make it solely responsible for any tax liability arising from an out-of-court settlement reached by them.

Last December, Satyam had offered to settle all disputes with Upaid Systems over licence of intellectual property, among others, by paying $70 million to this England-based provider of mobile and online payment-transaction services.

On the NSE, the shares rose 10.22 per cent to Rs 93.80.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

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