Announcement

Collapse
No announcement yet.

External Commercial Borrowings(ECB) Policy Liberalisation

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • External Commercial Borrowings(ECB) Policy Liberalisation

    External Commercial Borrowings(ECB) Policy Liberalisation of definition of Infrastructure Sector [Vide Circular No. 85 Dated 06-01-2014].
    A sum of money paid to partner on dissolution in respect of full and final settlement of his share is regarded as a transfer is not liable to tax u/s 45(4) of the Income Tax Act.[Chalasani Venkateswara Rao Vs ITO, ITA No. 70 of 2000, Date of Order: 03-08-2012, High Court of Andhra Pradesh].

    The RBI has selected the Clearing Corporation of India Limited (CCIL), the clearing and settlement agent in government securities, money market and forex market as a local operating unit to issue globally-compatible “legal-entity identifiers”. A legal entity identifier is a 20 character unique identity code assigned to entities that are parties to a financial transaction.
    Founder & Creative Mind of Megrisoft
    www.indiabook.com
    Business
    Please Do Not Spam Our Forum
Working...
X