Last date for updation of PAN details in DIN extended again.

Company Law, Company Registration in Chennai, General /

The last date for filing the DIN 4 for updation of PAN details in respect of DIN holders has been extended again till 30th April 2012. The Department of Company Affairs vide its circular No 4/2012 dtd 9th March 2012 has extended this time limit. The relevant circular is reproduced below :- [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/03/General_Circular_No_04_2012.pdf”]

Last date for updation of PAN details in DIN extended again. Read More »

Issue of REC Tax free bonds open.

General /

Rural Electrification Corporation REC has come out with issue of Tax Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures. These bonds are totally tax free and with a Tenor of 10 years & 15 years. The Highlights of this issue are reproduced below. Click here to send your queries. [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/03/rec-mar-2012.pdf”]

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EMI / Interest Rate Tools Download Links.

1 Comment / General, Investments /

Due to many number of requests from our readers, we are herewith providing the download links for the various tools provided by us in our post dated 21st Feb 2012. [wpdm_file id=3 title=”true” desc=”true” template=”bluebox drop-shadow lifted” ] [wpdm_file id=2 title=”true” desc=”true” template=”bluebox drop-shadow lifted” ] [wpdm_file id=4 title=”true” desc=”true” template=”bluebox drop-shadow lifted” ] Hope

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Relief for Salaried assessees having income less than 5 Lakhs !!!

Income-tax /

The Income-tax department, vide its NOTIFICATION NO. 9/2012 [F. NO.225/283/2011-ITA(II)], DATED 17-2-2012 has exempted the persons (salaried assessees) with income less than 5 lakhs from furnishing their return of Income. For whom this benefit is available ? 1)      The assessee should be an Individual; and 2)      The Total Income does not exceed Rs. 500000/- .

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Is the IT Department really watching you ???

28 Comments / General, Income-tax /

Is the IT Department really watching you? In recent times, lot of news coverage is being given to the proceedings by the Income-tax department in respect of their action against tax evaders. Very often we see Newspaper advertisements and TV commercials warning the tax evaders to comply with Income-tax filing and payment requirements. These advertisements/commercials

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CIBIL Reports now available for Companies also

1 Comment / General /

CIBIL (Credit Information Bureau India Ltd) Report is a very important report used by almost all the Financial Institutions who intend to know about the Credit worthiness of their prospective Borrowers. This CIBIL report is now available for Companies also. This is available for Proprietorship,Partnership,Private Limited Company & Public Limited Company. You can use this

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Income-tax Department’s Drive Against Tax evasion from 20.01.2012

Income-tax /

In view of the Shortfall in the Revenue, and increase in fiscal deficit, the Central Government has directed the Income-tax Department to launch two month Special Initiative to trail and verify high value transactions by persons not assessed to tax or those who have not furnished their PAN during such deals. This special Drive will

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Tax Savings Bond u/s. 80CCF from IDFC issue is open now

General, Income-tax /

Infrastructure Development Finance Company Limited (IDFC)  has come out with issue of Tax Savings Bonds, the Investment in which will qualify for additional deduction of Rs. 20000/- u/s. 80 CCF of the Income-tax Act,1961. The salient features of this issue are reproduced below :- Click here to send your enquiry [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/01/IDFC2012.pdf”]

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