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Cases of Defective Income Tax Return

21st March 2012
The return treated as defective in the following cases: I. Information about Income Computation not furnished. Where the annexures, statements and columns in the return relating to computation of income under each head, grow total income or total incom... Read >

Income tax Clearance Certificates

15th February 2012
A person leaving India by land, sea or air is required to obtain from the Competent Authority a certificate that he has no liabilities under the direct tax laws or that he has made satisfactory arrangement for payment of his existing liabilities as also f... Read >

Company Law India

27th January 2012
Indian laws allow foreign companies to set up permanent establishments in the country in the form of companies to run business operations. When a foreign company has wider business plans and does not merely intend to establish its presence in India (throu... Read >

Latest XBRL Technologies

29th November 2011
Before the XBRL international working groups commenced discussion on (lie requirements for a Rendering specification, adopters’ implemented temporary solutions to address this issue. Some adopters utilized XSLT style sheets, whereas other implemented prop... Read >