"e Filing ITR in audit cases Mandatory in All cases ,For companies Digital Signature is mandatory” plus 2 more

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• e Filing ITR in audit cases Mandatory in All cases ,For companies Digital Signature is mandatory
• Credit Card Operations of Banks
• Section 80CCF infrastructure bonds Notified

e Filing ITR in audit cases Mandatory in All cases ,For companies Digital Signature is mandatory Posted: 09 Jul 2010 07:59 PM PDT CBDT has issued a notification 49/2010 vide which few changes has been made in the process of filing of Income tax return from Asssement year 2010-11.Now every person (including Individual and HUF) who is covered under section 44AB audit case is liable to file his return through e filing mode only .However in e filing ,person can file return through digital signature or otherwise .However for companies , e filing of Income tax return is mandatory through digital signature... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Credit Card Operations of Banks Posted: 09 Jul 2010 07:58 PM PDT RBI has issued a direction to Banks for credit cards to follow the RBI instructions in respect of credit cards in toto.These directive has been issued to safeguard the interest of the customers against following points. Charging of annual fees ,where as card has been issue a free for life. Charging differential interest rates from different customers. Sanction of Loans without taking consent of customers. Charging Interest rate upfront ,or charging abnormal processing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Section 80CCF infrastructure bonds Notified Posted: 09 Jul 2010 07:37 PM PDT CBDT has notified New infrastructure Bonds u/s 80CCF.An Individual or HUF can invest in these new infrastructure Bonds upto Rs 20000/- in a Financial years.Main features of this new section and new notification is given belowNew section can be availed by individual or HUF only. 20000/- rs can be invested in a Financial year to avail deduction under section 80CCF 20000/- Limit is in addition to 100000/- Limit of setion 80C,80CCC,80CCD Tenure of the Bonds will be 10... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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