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Week 10th to 15th May 2010 Highlights

   15 May 2010 at 22:13

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 ..

Posted in Corporate Law |   765 Views


SC upholds NCLT

   11 May 2010 at 23:12

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 ..

Posted in Corporate Law |   621 Views


THE COMPANY SECRETARIES ( AMENDMENT ) BILL 2010

   30 April 2010 at 23:14

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 ..

Posted in Constitutional Law |   454 Views


Medical Records not under RTI : Court

   27 April 2010 at 21:08

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 ..

Posted in Constitutional Law |   698 Views


RBI proposes free interest rates of export finance

   27 April 2010 at 21:07

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 ..

Posted in Corporate Law |   857 Views


Bad Debt, w. off of individual debtors a/c is not necessary

   27 April 2010 at 21:06

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 ..

Posted in Taxation |   477 Views


Week 19th to 24th April Highlights

   24 April 2010 at 23:13

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 ..

Posted in Others |   233 Views


Bill to raise gratuity ceiling from current Rs 3.50 lac to Rs. 10.00 lac

   24 April 2010 at 12:12

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 ..

Posted in Labour & Service Law  7 comments |   2202 Views