TMI Tax Updates - e-Newsletter dated: March 20, 2012 - with Direct Tax, Indirect Tax and GST Updates and Updates on FTP, FEMA, IBC & Corporate Laws etc. published on TMI with Latest Case Laws


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Newsletter: Where Service Meets Reader Approval. TMI Tax Updates - e-Newsletter March 20, 2012 Case Laws in this Newsletter: Articles Budget 2012 - Penalty,Appeals and Prosecution Will retrospective amendment in Income tax Act will affect FDI – Is it specific to Vodafone case. Budget 2012 - Exempt Income BUDGET PROPOSAL IN RELATION TO AMENDMENT OF SECTION 56 OF THE INCOME TAX ACT 1961 VIDE FINANCE BILL 2012. Budget 2012: Amendment to overcome judgment of the Supreme Court in case of Vodaphon Explanations for the removal of doubts – very unfortunate trend on legislation in law. Budget 2012-2013 - Amendments in Cenvat Credit Budget 2012-2013 - Amendments in Service Tax Budget 2012-2013 - Amendments in Service Tax Rules, 1994 Budget 2012-2013 - Amendments in Point of Taxation Rules 2011 I must be cruel only to be kind Budget - 2012 - Amendment In Central Excise Act, 1994 Budget 2012 - Assessment procedures Budget 2012 - Recent policy Changes- Financial services Crux of Central Excise Under Budget 2012-13 The Finance Bill 2012 :Amendments in relation to exemptions under Income-tax Act 1961 News Setting Up of NCLT and NCLAT. Blacklisted Companies. Delay in Implementation of IFRS. Corporate Houses Found Involved in Various Scams During the Last Three Years. Corporate Frauds. CCI highlights the competition issues in public procurement. Co-Operation in Services Sector with Asean Countries. Export of Iron Ore through MMTC. Export of Red Chillies . Present Status of Tea Industry. Exports to Iran. Strategy to Double Trade with USA. Import of Hazardous Substances. Cheap Imports from China. DEPB Scheme. Import of Pulses. Circulars / Instructions / Orders FEMA 93 - dated 19-3-2012 Investment in Indian Venture Capital Undertakings and /or domestic Venture Capital Funds by SEBI registered Foreign Venture Capital Investors . 94 - dated 19-3-2012 Clarification - Prior intimation to the Reserve Bank of India for raising the aggregate Foreign Institutional Investors / Non-Resident Indian limits for investments under the Portfolio Investment Scheme. DGFT 102 (RE-2010) /2009-2014 - dated 16-3-2012 Procedure for scrutiny and revalidation of Registration Certificate for export of cotton [ITC(HS) code 5201 & 5203]. Highlights / Catch Notes DGFT Procedure for scrutiny and revalidation of Registration Certificate for export of cotton [ITC(HS) code 5201 & 5203]. - Cir. No. 102 (RE-2010) /2009-2014 Dated: March 16, 2012 Visit to Get Source FEMA Investment in Indian Venture Capital Undertakings and /or domestic Venture Capital Funds by SEBI registered Foreign Venture Capital Investors . - Cir. No. 93 Dated: March 19, 2012 Visit to Get Source Clarification - Prior intimation to the Reserve Bank of India for raising the aggregate Foreign Institutional Investors / Non-Resident Indian limits for investments under the Portfolio Investment Scheme. - Cir. No. 94 Dated: March 19, 2012 Visit to Get Source Indian Laws BUDGET PROPOSAL IN RELATION TO AMENDMENT OF SECTION 56 OF THE INCOME TAX ACT 1961 VIDE FINANCE BILL 2012. - Article Visit to Get Source Budget 2012: Amendment to overcome judgment of the Supreme Court in case of Vodaphon Explanations for the removal of doubts – very unfortunate trend on legislation in law. - Article Visit to Get Source Budget 2012-2013 - Amendments in Cenvat Credit - Article Visit to Get Source BUDGET PROPOSAL IN RELATION TO WEALTH TAX VIDE FINANCE BILL 2012 - Article Visit to Get Source BUDGET PROPOSAL IN RELATION TO INCOME TAX VIDE FINANCE BILL 2012 - Article Visit to Get Source The Finance Bill 2012 :Amendments in relation to exemptions under Income-tax Act 1961 - Article Visit to Get Source Budget 2012-2013 - Amendments in Service Tax - Article Visit to Get Source Budget 2012-2013 - Amendments in Service Tax Rules, 1994 - Article Visit to Get Source Budget 2012-2013 - Amendments in Point of Taxation Rules 2011 - Article Visit to Get Source I must be cruel only to be kind - Article Visit to Get Source
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