Home Highlights November 2011 Year 2011 This

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1. Clarification on Interest Rates on Small Savings Schemes.

2. Rates of interest on small savings schemes including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme

3. Small Savings Schemes - Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004) - Revision of interest rates. - Cir. No. H-...

4. Disallowance of commission paid - excessive expense on commission - the average rate of commission paid by the assessee to others in respect of rice was 20, but rate of...

5. Latest GST Notifications (CGST Rate and IGST Rate) to give effect to gst council decisions

6. Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS).

7. New equity savings scheme

8. Claim of interest with refund of Pre-deposit made - Rate of interest - amount was deposited under protest - Revenue are expected to at least now, on or before 15th July,...

9. Secured Creditor - As in the present case, all the ‘Secured Creditors’ have claimed right over the same secured asset, which is 91% of the total secured asset and...

10. Scheme of Amalgamation - directed to hold separate meetings of the Un-Secured Creditors of the Transferor Company and Secured Creditors and Un-Secured Creditors of the...

11. The regulations provide a comprehensive framework for implementing unit-based employee benefit schemes by investment managers of Infrastructure Investment Trusts...

12. Major amendments - Securities and Exchange Board of India (Collective Investment Schemes) (Amendment) Regulations, 2022 - Notification

13. Central Government makes the directions giving effect to the E-assessment Scheme, 2019

14. Addition u/s 68 - Estimation of rate of commission - brokerage rate on various bogus transactions - Inasmuch as the assessee accepted the commission at 0.6% by not...

15. Recovery of tax dues - Attachment of assets - dues of MVAT Authorities’ have charge in priority to the secured creditors or not - This judgment reaffirms the supremacy...