Articles by CMA Gul S
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Powers Of A.O u/s 142(1) & 143(2)
CMA Gul S 12 September 2007 at 18:06I have the following queries?1. Is there a time limit for issuing notice u/s 142 (1) ?2. Can a notice u/s 142(1) be issued after a notice under 143(2) has been issued? If, yes what is the rational behind issuing such notice as powers under 143(2) are
Reassessment Notice
CMA Gul S 12 September 2007 at 18:06Can assessing officer issue notice u/s 148 on the basis of report of investigation wing. Is reassessment u/s 147 valid despite the fact he has given the reasons of opening case that investigation department has carried out investigation and found tha
Exit interviews: Gone with the wind
CMA Gul S 12 September 2007 at 13:59"So, why do you want to quit?" "The kind of work I'm doing here is least satisf......" "Is xyz offering you a better profile? Yeah...The kind of..." "Don't you think it's a foolish decision?" The confab went on for about three and a half hours with t
Importance of Clause 49
CMA Gul S 12 September 2007 at 13:59Action against 20 firms for violating Clause 49 For the first time after the deadline for implementing Clause 49 ended in December 2005, stock market regulator, Securities and Exchange Board of India (SEBI) has initiated action against 20 listed comp
Dual tax rate under scanner
CMA Gul S 12 September 2007 at 13:59Amid the hype about India and the rush of foreign investors, the government is dealing with a simple question: Why are tax rates lower for Indian companies, while foreign companies are subjected to a higher burden? The question, said officials, is ge
Resume Tips
CMA Gul S 12 September 2007 at 13:59Resume Tips A Curriculum Vitae (CV) is the mirror which gives a company complete picture of the candidate. CV is a medium to market yourself.Most people underestimate the importance of a CV (resume). M! any of us put off writing our CV until last mom
Golden Rules for Career Success
CMA Gul S 11 September 2007 at 18:24WORKING as a business consultant allover the world, I have discovered somebasic career-related rules that everyoneshould know-but many don't.Business is made up of ambiguous victories andnebulous defeats. Claim them all as victories.Keep track of wh
The Challenges of Financial Liberalisation for Emerging Market Economies
CMA Gul S 11 September 2007 at 17:45The BIS recently announced that the RBI Vice-Governor, Mr Rakesh Mohan, will chair a new working group on "Capital flows and emerging economies". I would like to congratulate him for accepting to explore this complex issue. I will offer some views on
GUIDELINES ON LENDING TO PRIORITY SECTOR
CMA Gul S 11 September 2007 at 17:45GUIDELINES ON LENDING TO PRIORITY SECTOR - Revised As announced in the Reserve Bank's Annual Policy Statement for the year 2005-06, the prescriptions relating to priority sector lending have been modified and several new areas included from time to t
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) deposits
CMA Gul S 11 September 2007 at 17:45Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) depositsPlease refer to paragraph 86 of the Third Quarter Review of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.288/07.01.279/200
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