I have the following queries?1. Is there a time limit for issuing notice u/s 142 (1) ?2. Can a notice u/s 142(1) be issued after a notice under 143(2) has been issued? If, yes what is the rational behind issuing such notice as powers under 143(2) are
Can assessing officer issue notice u/s 148 on the basis of report of investigation wing. Is reassessment u/s 147 valid despite the fact he has given the reasons of opening case that investigation department has carried out investigation and found tha
"So, why do you want to quit?" "The kind of work I'm doing here is least satisf......" "Is xyz offering you a better profile? Yeah...The kind of..." "Don't you think it's a foolish decision?" The confab went on for about three and a half hours with t
Action against 20 firms for violating Clause 49 For the first time after the deadline for implementing Clause 49 ended in December 2005, stock market regulator, Securities and Exchange Board of India (SEBI) has initiated action against 20 listed comp
Amid the hype about India and the rush of foreign investors, the government is dealing with a simple question: Why are tax rates lower for Indian companies, while foreign companies are subjected to a higher burden? The question, said officials, is ge
Resume Tips A Curriculum Vitae (CV) is the mirror which gives a company complete picture of the candidate. CV is a medium to market yourself.Most people underestimate the importance of a CV (resume). M! any of us put off writing our CV until last mom
WORKING as a business consultant allover the world, I have discovered somebasic career-related rules that everyoneshould know-but many don't.Business is made up of ambiguous victories andnebulous defeats. Claim them all as victories.Keep track of wh
The BIS recently announced that the RBI Vice-Governor, Mr Rakesh Mohan, will chair a new working group on "Capital flows and emerging economies". I would like to congratulate him for accepting to explore this complex issue. I will offer some views on
GUIDELINES ON LENDING TO PRIORITY SECTOR - Revised As announced in the Reserve Bank's Annual Policy Statement for the year 2005-06, the prescriptions relating to priority sector lending have been modified and several new areas included from time to t
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) depositsPlease refer to paragraph 86 of the Third Quarter Review of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.288/07.01.279/200
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India