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Special Economic Zone -

Posted by CA. Rayan Sequeira 06 October 2007 3922 Views

First Singur and then the Nandigram violence have hit the headlines of every national daily. Dailies reported that West Bengal police have shot dead farmers in Nandigram - the issue underlying the killings is the agitation by the farmers to stop the



PRIVATE EQUITY FUNDS

Posted by CA. Rayan Sequeira 05 October 2007 7574 Views

PRIVATE EQUITY FUNDS- AN ALTERNATIVE FUND TO FUND BUSINESS. The concept of "business finance" has been refined to the form it stands today from the bygone "Baniyas' System", where investment needs of business were funded through pledge of personal pr



COMPROMISE UNDER VAT LAW

Posted by CA. Rayan Sequeira 05 October 2007 8631 Views

The word "composition" denotes mixture of more than one character. In general sense "composition" is an agreement between the parties where one party agrees to pay less than what has agreed in full satisfaction of the whole of the claim. Therefore



Its Tax Audit Time

Posted by CA. Rayan Sequeira 05 October 2007 20691 Views

--Concept, emergence and prolongation of tax audit.The year 2007 marks the completion of 22 years of Tax Audit"It's not enough that we do our best; sometimes we have to do what's required", a quot



SOX Act of 2002: Overview

Posted by Ankit Dangayach 05 October 2007 15845 Views

The Sarbanes-Oxley Act of 2002 (SOA or SOX) "The Act does not differentiate between U.S. and Non U.S. companies in its application."What is Sarbanes Oxley Act of 2002?Legislation passed by the US Congress providing new corporate governance rules, re



FILLING LOWER TDS? GET READY FOR A CALL FROM I-T

Posted by CA Nikita 04 October 2007 4150 Views

Individuals trying to evade taxes by getting a lower tax deducted at source may soon get a call from the tax collector. The finance ministry is planning to crack the whip on those trying to conceal their income and evade taxes through the system of t



MNCS GET TAX BREATHER ON ASSET SALE

Posted by Ravikumar.G 04 October 2007 4964 Views

Foreign companies selling assets in India could end up enjoying a concessional rate of capital gains tax of 10% even if these companies enjoy the foreign currency fluctuation benefit.This follows the ruling by the Authority for Advance Rulings (AAR)



AS 28 impact on OIL & GAS companies

Posted by CA Nikita 04 October 2007 7078 Views

D MuraliEven as the field personnel of oil andgas (O&G) companies continue to battle with many complexities toget us the fuel, their accounting colleagues are toiling with adifferent difficulty: how to apply the Accounting Standard on assetimpair



service tax refund to exporters

Posted by tarun 03 October 2007 5496 Views

Dear Sir,government of india has just issued a notification regarding service tax refund to exporters..can any one tell me much about this..plz let me also know what are the services on which the exporters can claim service tax refund...can any one t



Public Documents as 3rd party documents under the RTI Act

Posted by CA Nikita 02 October 2007 8529 Views

How can Public Documents under the Indian Evidence Act be treated as 3rd party documents under the RTI Act to deny its access-Rajib Gupta I was always under the impression that the laws are made to infuse discipline & serve the ends of justice &a




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