Week 10th to 15th May 2010 Highlights ICAI ICAI’s suggestion on LLP considered while passing Finance Bill, 2010 The ICAI is pleased to note that its suggestio ..
SC upholds NCLT Upholding the validity of amendments made to the Companies Act in 2002, the Supreme Court today paved the way for the establishment of the National Company Law Tribunal (NCLT) to deal with matters related to companies. Once th ..
INTRODUCED IN THE RAJYA SABHA ON 28TH APRIL, 2010 Bill No. XXVII of 2010 THE COMPANY SECRETARIES ( AMENDMENT ) BILL, 2010 A BILL further to amend the Company Secretaries Act, 1980. Be it enacted by Parliame ..
Medical Records not under RTI : Court The Delhi High Court Tuesday ruled that income tax returns and medical records do not fall under the purview of Right To Information (RTI) Act "unless public interest is attached" holding in i ..
RBI proposes free interest rates of export finance As part of a plan for implementation of the base rate system, the Reserve Bank of India (RBI) today said it would free interest rates on certain segments of export finance. Come July, banks will ..
Bad Debt, write off of individual debtor’s a/c is not necessary Vijaya Bank vs. CIT (Supreme Court) For S. 36(1)(vii) Bad Debt, write off of individual debtor’s a/c is not necessary The assessee made a provision for ..
ICAI You have any query about May ‘10 exams, call Help Desk Help Line Desk – Admit Card – May 2010 The Help Line Desk will be functional from 16th Ap ..
A bill to raise the ceiling of gratuity for employees to Rs one million (Rs 10 lakh) from the current level of Rs 3,50,000 was introduced in the Lok Sabha on Thursday. The Payment of Gratuity (Amendment) Bill 2010, introduced by Minister of State fo ..