Archive for May, 2011
May-26th-2011
CBDT issued a notification no Notification No. 24/2011 dated 13th May 2011 regarding interest rates on PF, key points of the circular are as under: S.O.1046(E).– In exercise of the powers conferred by clause (b) of rule 6 of Part A of the Fourth Schedule to the Income-tax Act, 1961 (43 of 1961), and [...]
May-26th-2011
SEBI Issued circular no CIR/CFD/DIL/2/2011 dated 16th May, 2011 regarding the adjustment of differential pricing at the time of application for allotment of specified securities, the key points of the circular are as under: Sub.: Adjustment of differential pricing amount at the time of application for allotment of specified securities This refers to the [...]
May-20th-2011
CBDT issued a circular no 03/2011 dated 13th May 2011 regarding issuance of TDS certificate and authenticate by way of digital signature, key points of the circular are as under Section 203 of the Income-tax Act 1961 (‘the Act’) read with the Rule 31 of the Income-tax Rules 1962 (‘the IT Rules’) provides for furnishing [...]
May-20th-2011
My question is Subsidiary company of foreign company developing software for Parent company and also one unit rendering service which is not a software development. Parent company providing few service to the subsidiary company for this they will raise a debit note and also audit and other complaince work are rendered by service provider on behalf of parent company. Whether [...]
May-18th-2011
SIR CAN YOU HELP ME WITH THE FINANCIAL MEASURES THAT ONE SHOULD SEE BEFORE GRANTING ANY LOAN TO THE OTHER COMPANY.