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Lawyersclubindia News

Norms for filingTDS/TCS returns

   13 February 2008 at 00:15

All tax deductors / collectors are required to file the TDS/TCS returns in Form No.24Q (for salaries), Form No.26Q (for payments other than salaries) or Form No.27EQ (for TCS). These forms require details of all tax deductions with name and permanent ..

Posted in Taxation |   1101 Views

Markets down, Sensex touches lowest closing of this year

   12 February 2008 at 08:44

The Bombay Stock Exchange benchmark Sensex plunges to this year's lowest closing to 16,630.91 by over 830 points on Monday.The market was affected more with most of the heavyweights tumbling on frantic selling by funds on weak trends in the global st ..

Posted in Corporate Law |   930 Views

Yahoo may reject Microsoft Offer: Reports

   11 February 2008 at 14:17

Internet major Yahoo Inc is likely to turn down the Microsoft Corp's USD 44.6 billion takeover offer, the media in Silicon Valley has reported quoting an unnamed source.The world's biggest software maker Microsoft had made the unsolicited offer to pa ..

Posted in Corporate Law |   929 Views

FICCI suggest taxation of income tax of real estate investment trusts on lines of mutual funds

   11 February 2008 at 14:17

NEW DELHI, February 5, 2008. Taxation of income of Real Estate Investment Trusts (REITS) on the lines of mutual funds, permission to investment in housing development activities, exemption of capital gains tax on the sale of assets of REITS and VAT a ..

Posted in Taxation |   1019 Views

Notification to be issued today, for the Meghalaya Assembly poll

   10 February 2008 at 16:37

The filing of nominations for the Meghalaya Assembly elections will begin from Friday, and will close on the 15th of this month.The last date for withdrawal is the 18th.A single-phase election of the 60-seat Assembly will be held on 3rd March and cou ..

Posted in Constitutional Law |   944 Views

Court remands Dr Amit Kumar to CBI custody till 22nd Feb

   10 February 2008 at 16:32

A Delhi court on Sunday remanded Dr Amit Kumar, alleged kingpin in the kidney transplant racket, to CBI custody till 22nd February.Forty-year-old Kumar was produced at the residence of Chief Metropolitan Magistrate Sanjeev Jain here amidst tight secu ..

Posted in Criminal Law |   1049 Views

Delhi govt to impose environment fee on diesel

   10 February 2008 at 16:32

The Delhi government has decided to impose an environment fee on the sale of diesel at Re 0.25 paisa per litre and use the garnered funds to promote clean air policies in the city.The Delhi Pollution Control Board has issued directions to Tax departm ..

Posted in Taxation  1 comments |   1173 Views