Fwd: TaxGuru : “Income Tax Dept looks into Videocon-Datacom deal tax implications” plus 15 more

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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Mon, Jul 11, 2011 at 9:58 AM
Subject: TaxGuru : "Income Tax Dept looks into Videocon-Datacom deal tax implications" plus 15 more
To: palashbiswaskl@gmail.com

TaxGuru : "Income Tax Dept looks into Videocon-Datacom deal tax implications" plus 15 more

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• Income Tax Dept looks into Videocon-Datacom deal tax implications
• RBI fines 48 banks for violation of KYC, AML norms in six months
• IT Commissioner, CA held for accepting bribe
• Assistant Commissioner of Income Tax sentenced to undergo three years imprisonment with a fine of Rs.1.50 Lacs in a bribery case
• MVAT – Amendment to VAT Notification dated 5-11-2009 – Refund to Diplomatic Authorities
• 80,000 companies in Northern India are 'defaulters' – MCA
• Now e-ticketing through SMS
• First MCA-ICSI Web Seminar On XBRL On 11th July, 2011
• Review of Entry Requirements for Chartered Accountancy Courses
• SEBI (Bankers to an issue) (Amendment) Regulations, 2011
• SEBI (Underwriters) (Amendment) Regulations, 2011
• SEBI (Credit Rating Agencies) (Amendment) Regulations, 2011
• SEBI (Debenture Trustees) (Amendment) Regulations, 2011
• SEBI (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 2011
• SEBI (Merchant Bankers) (Amendment) Regulations, 2011
• SEBI (Depositories and Participants (Amendment) Regulations, 2011

Income Tax Dept looks into Videocon-Datacom deal tax implications Posted: 10 Jul 2011 07:37 PM PDT After Swan and Unitech Wireless, the Income Tax Department is looking into the tax implications of a deal between Datacom solutions and the Videocon Group after the former was allotted 2G licences in 21 circles for Rs 1,507 crore in 2008. In a... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

RBI fines 48 banks for violation of KYC, AML norms in six months Posted: 10 Jul 2011 07:35 PM PDT At a time when the government is grappling with the black money menace, the RBI has penalised as many as 48 small banks in just six months, for lapses in implementing customer identification norms and various other violations. In the first six... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

IT Commissioner, CA held for accepting bribe Posted: 09 Jul 2011 10:23 PM PDT A top Income Tax officer and his chartered accountant aide were arrested by CBI on the charge of accepting bribe of Rs 2.20 lakh from a software engineer for showing an official favour. The accused, R P Meena, commissioner of Income Tax (Appeals)... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Assistant Commissioner of Income Tax sentenced to undergo three years imprisonment with a fine of Rs.1.50 Lacs in a bribery case Posted: 09 Jul 2011 10:20 PM PDT The Special Judge for CBI Cases, Bangalore has yesterday convicted Smt.K.Chandrika (IRS -2004 Batch), the then Assistant Commissioner, Bangalore in a bribery case of Rs.2 lacs. She was sentenced to undergo three years Simple Imprisonment with a fine... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

MVAT – Amendment to VAT Notification dated 5-11-2009 – Refund to Diplomatic Authorities Posted: 09 Jul 2011 10:16 PM PDT No.VAT-1511/CR-56/Taxation-1. — In exercise of the powers conferred by sub-section (1) of section 41 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby amends the Government Notification, Finance... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

80,000 companies in Northern India are 'defaulters' – MCA Posted: 09 Jul 2011 10:08 PM PDT Asserting that Companies that have not filed annual returns and balance sheet to Ministry of Corporate Affairs (MCA) for past five years have been put on notice, a senior official of MCA today said there were 80,000 such companies in Northern India. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Now e-ticketing through SMS Posted: 09 Jul 2011 10:03 PM PDT Now railway passengers can get their e-tickets on their cell phones instead of normal print-outs. Named as 'm-ticket', the mobile phone-based ticket booking system envisages a passenger to book his train ticket through mobile phones and carry the... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

First MCA-ICSI Web Seminar On XBRL On 11th July, 2011 Posted: 09 Jul 2011 10:00 PM PDT The ICSI is organizing MCA-ICSI WEB SEMINAR ON XBRL at ICSI Head Quarters, New Delhi on Monday, July 11, 2011 from 2.00 pm to 4.00 pm. The programme would be live webcast at the following URL from 2.00 pm onwards on Monday, July 11, 2011. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Review of Entry Requirements for Chartered Accountancy Courses Posted: 09 Jul 2011 09:58 PM PDT The Council at its 306th meeting held from 7th to 9th June, 2011 had considered the recommendations of the Group Constituted by the President, in terms of the authority given to him at its 303rd Meeting held from 10-12 February, 2011 to review entry... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Bankers to an issue) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:52 PM PDT No. LAD-NRO/GN/2011-12/12/2122 - In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Underwriters) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:49 PM PDT No. LAD-NRO/GN/2011-12/15/21214 – In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Credit Rating Agencies) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:47 PM PDT No. LAD-NRO/GN/2011-12/10/21232 - In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Debenture Trustees) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:45 PM PDT No. LAD-NRO/GN/2011-12/13/21222 - In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:41 PM PDT No. LAD-NRO/GN/2011-12/11/21228 - In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Merchant Bankers) (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:39 PM PDT No. LAD-NRO/GN/2011-12/09/21233 - In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

SEBI (Depositories and Participants (Amendment) Regulations, 2011 Posted: 09 Jul 2011 09:32 PM PDT . These Regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2011. 2. They shall come into force on the date of their publication in the Official Gazette. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

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