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Lawyersclubindia News


Punjab challenged tax concessions for industrial undertaking

   22 December 2009 at 20:18

The state of Punjab has challenged in the Supreme Court the validity of Union government notification giving concessions in taxes and also providing subsidy to the new as well as existing industries in the states of Jammu and Kashmir, Himachal Prades ..

Posted in Taxation |   416 Views


Government auditor can become CA by passing only final exami

   22 December 2009 at 20:16

The nation’s accounting standard-setting body, the Institute of Chartered Accountants of India (ICAI), has changed some rules to allow both new and serving officers of the Indian Audit and Accounts Service (IA&AS) to acquire the qualificati ..

Posted in Students  3 comments |   1666 Views


Tax statements of a corporate group may be given under RTI

   22 December 2009 at 20:15

It has been made clear that such information cannot be sought directly from the private business groups but from a government department which holds it.Tax statements of a corporate group may be given under the Right to Information (RTI) Act as its p ..

Posted in Civil Law  1 comments |   660 Views


Transfer of trade mark cannot be considered as transfer of goodwill

   22 December 2009 at 20:09

The Bangalore Income Tax Appellate Tribunal (the Tribunal) in recent case of Associated Electronic & Electrical Industries Pvt. Ltd. v. DCIT (2009-TIOL-263- ITAT-BANG) held that transfer of trade mark is not transfer of goodwill as the goodwill ..

Posted in Corporate Law |   1403 Views


E COURTS BEGIN DELHI HIGH COURT

   21 December 2009 at 23:12

e-Courts begin in Delhi High courtIt was started on an experimental basis in the court of Justice S Ravinder BhattPublished on 12/16/2009 - 09:53:32 AMNew Delhi: There were no bulky files on the table, only a sleek wide LCD screen and a touch-screen ..

Posted in Others  2 comments |   500 Views


Perquisites for salaried will be taxed from April 2009

   21 December 2009 at 19:05

Salaried employees may burn a hole in their pockets with the Government all set to impose tax on all perks –residential accommodation, conveyance and others — paid for by the company, under a new law that replaces the already abolished F ..

Posted in Labour & Service Law  1 comments |   1711 Views


File your Income Tax return for financial year 2008-2009

   21 December 2009 at 18:58

The last date for filing your tax returns for the financial year 2008-2009 was July 31, 2009. But even though the process got a tad simpler with the online option, some of you may have missed your deadline. But don’t fret. You have a second ch ..

Posted in Criminal Law |   532 Views


Justice Alok Singh to take oath as P&H high court judge.

   20 December 2009 at 21:14

Hon'ble Justice Alok Singh to take oath as judge of Punjab and Haryana High Court on 21-12-2009 at 10:00AMthe Hon'ble Justice Singh is currently a judge at Uttarakhand High Court at Nanital, with His Lordship's appointment to the P&H high court t ..

Posted in Others |   950 Views


BSE, NSE will open at 9 a.m. from January 4, 2010 Read more

   20 December 2009 at 20:51

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have decided to postpone new trading timings to January 4, 2010. The two exchanges on Wednesday said that the market would open at 9 a.m. effective December 18 an advancement of n ..

Posted in Corporate Law |   400 Views


Dielhi HC settles HUF property rights dispute for good

   20 December 2009 at 20:29

A woman and her children have the right to seek prohibition against alienation or disposal of properties belonging to a Hindu Undivided Family (HUF) even when their estranged husband/father and in-laws/grandparents are alive, the Delhi High Court has ..

Posted in Family Law |   2578 Views