Archive for May, 2011

CBDT Notification: Regarding Intrest Rate on PF

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

SEBI Circular: Adjustment of differential pricing amount at the time of application for allotment of specified securities

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

CBDT Circular: Issuance of TDS Certificates in Form No. 16A downloaded from TIN Website and option to authenticate the same by way of digital signature

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

Liability of service tax as reverse charge

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

FINANCIAL MEASURES THAT ONE SHOULD SEE BEFORE GRANTING ANY LOAN TO THE OTHER COMPANY.

May-18th-2011

SIR CAN YOU HELP ME WITH THE FINANCIAL MEASURES THAT ONE SHOULD SEE BEFORE GRANTING ANY LOAN TO THE OTHER