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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Mon, Aug 1, 2011 at 9:52 AM
Subject: TaxGuru : "EPF – Mere filing of appeal without obtaining any relief from the Appellate authority shall not preclude or prohibit the authorities to proceed further in the matter for recovery of the amount" plus 8 more
To: palashbiswaskl@gmail.com
From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Mon, Aug 1, 2011 at 9:52 AM
Subject: TaxGuru : "EPF – Mere filing of appeal without obtaining any relief from the Appellate authority shall not preclude or prohibit the authorities to proceed further in the matter for recovery of the amount" plus 8 more
To: palashbiswaskl@gmail.com
- EPF – Mere filing of appeal without obtaining any relief from the Appellate authority shall not preclude or prohibit the authorities to proceed further in the matter for recovery of the amount
- Deduction under Section 80G of the Income Tax Act, 1961 for donation (Updated)
- SEBI asks Promoters to disclose initial Shareholding and thereafter considerable changes in it
- Sibal to convert 1.5 lakh Post Offices into banks
- Former Additional Commissioner of Income Tax gets four years RI
- Sebi askes stock exchanges to penalise brokers transferring trades from one trading account to another after terming them as 'punching' errors
- PMO Explains 'At Arms Length'
- Maharastra Profession Tax – Mandatory e-return for PTRC Monthly filers
- MVAT- Addition of new Banks as Govt. Treasury – Can Receive MVAT Payment
| Posted: 31 Jul 2011 08:40 PM PDT EPFO Vs. Rollwell In the absence of any specific provision in the Act prohibiting or restraining the authorities from taking any further action of recovery of the amount due and payable by the employer, it is always permissible for the authorities... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Deduction under Section 80G of the Income Tax Act, 1961 for donation (Updated) Posted: 31 Jul 2011 07:12 PM PDT The amount donated towards charity attracts deduction under section 80G of the Income Tax Act, 1961. Section 80G has been in the law book since financial year 1967-68 and it seems it's here to stay. Several deductions have been swept away but the... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| SEBI asks Promoters to disclose initial Shareholding and thereafter considerable changes in it Posted: 31 Jul 2011 06:59 PM PDT As per the Sebi board decision, it will be mandatory for the promoters and those part of the promoter group of a listed company to give the initial disclosures relating to their shareholding at the time of becoming promoter or part of promoter... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Sibal to convert 1.5 lakh Post Offices into banks Posted: 31 Jul 2011 06:55 PM PDT The humble post office is all set to undergo a radical change with a proposal to convert over 1.5 lakh post offices across the nation into full fledged banks on the anvil. Telecom Minister Kapil Sibal wants to reach out to the masses in the rural... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Former Additional Commissioner of Income Tax gets four years RI Posted: 31 Jul 2011 06:51 PM PDT A special court here has awarded four years of rigorous imprisonment(RI) and a fine of Rs 35 lakh to the former Income Tax officer B S Banthia for amassing wealth disproportionate to his known sources of income. The sentence was awarded by the... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 31 Jul 2011 06:19 PM PDT With an aim to check flow ofblack money and evasion of taxes through stock market, market regulator Sebi has decided to imposehefty penalty on brokers facilitating such transactions from tomorrow. The regulator recently came across a loophole in its... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Posted: 31 Jul 2011 05:20 PM PDT Reports have appeared in the media regarding a noting of the Private Secretary to the Prime Minister conveying the directions of the Prime Minister on a matter relating to the allocation of spectrum. The noting in question was recorded on 23... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| Maharastra Profession Tax – Mandatory e-return for PTRC Monthly filers Posted: 31 Jul 2011 12:43 PM PDT Maharastra Profession Tax - Mandatory e-return for PTRC Monthly filers Notification No - PFT-1011/CR11/Taxation-3 Mandatory e-return for PTRC Monthly filers [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| MVAT- Addition of new Banks as Govt. Treasury – Can Receive MVAT Payment Posted: 31 Jul 2011 12:35 PM PDT No.VAT. 1511/ C.R. 94/ Taxation-1.—In pursuance of the powers conferred by entry (iv) of sub-clause (i), entry (vi) of para (A) and entry (iv) of para (B) of sub-clause (ii) of clause (f) of sub-rule (1) of rule 2 of the Maharashtra Value Added Tax... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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Palash Biswas
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