Popular Articles

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADA

Posted by CMA Gul S 14 September 2007 6603 Views

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No

Re-hit exporters may get extra sops as govt worries on missing target

Posted by CMA Gul S 13 September 2007 3202 Views

The government is likely to dole out an additional relief package for exporters hit by an appreciating rupee by the month-end with fears that the country may not achieve the $160-billion export target. The move comes at a time when the exporters have

Report on Indo-EFTA trade pact by year-end

Posted by CMA Gul S 13 September 2007 3368 Views

A Joint Study Group (JSG) of India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Liechtenstein and Iceland, set up last December to explore the possibility of entering into a broad-based trade and investment agreemen

Infrastructure MFs are flavour of the year

Posted by CMA Gul S 13 September 2007 4382 Views

It's not just the infrastructure sector that is witnessing fund inflows from a cross section of investors, including private equity players, for the past year. Schemes floated by mutual funds (MFs) have also piqued investor interest, as a result of w

Reassessment Notice

Posted by CMA Gul S 12 September 2007 10379 Views

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

Powers Of A.O u/s 142(1) & 143(2)

Posted by CMA Gul S 12 September 2007 22655 Views

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

Tax Benefits for Senior Citizens

Posted by CMA Gul S 12 September 2007 7536 Views

What are the deductions admissible to a Senior Citizen? K G menonThere are not many . A person becomes senior citizen under Income Tax Act in any year after attaining the age of 65 even for one day. Once he attains 65 years, his status as senior citi

Resume Tips

Posted by CMA Gul S 12 September 2007 5769 Views

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

Dual tax rate under scanner

Posted by CMA Gul S 12 September 2007 4610 Views

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

Importance of Clause 49

Posted by CMA Gul S 12 September 2007 8681 Views

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