Saturday, August 30, 2008

Wednesday, June 11, 2008

I LOVE INDIA

General Sources
Country Study: India (Library of Congress) September 1995
Portals to the World: India (Library of Congress)
Background Note: India (U.S. Dept. of State)
Chiefs of State and Cabinet Members of Foreign Governments: India (U.S. Central Intelligence Agency)
Consular Information Sheet: India (U.S. Dept. of State)
Country Information: India (U.S. Dept. of State)
Country Profile of India (U.S. Dept. of Labor) from By The Sweat and Toil of Children: A Report to Congress, Volume I (July 15, 1994)
Country Reports on Economic Policy and Trade Practices, 1993-2001 (U.S. Dept. of State) see reports listed under South Asia
Country Reports on Human Rights Practices: India (U.S. Dept. of State)
Economic Briefing: India (The Economist)
Embassy of India, Washington
Governments on the WWW: India (Gunnar Anzinger)
Human Rights in India (Amnesty International)
International Religious Freedom Annual Reports: India (U.S. Dept. of State)
NATIONAL LIBRARY: National Library - information (IFLA)
U.S. Embassy, New Dehli (U.S. Dept. of State)
World Factbook: India (U.S. Central Intelligence Agency)
World Hunger: India (World Food Programme)
WWW DIRECTORIES / PORTALS: India (Google); India (Yahoo); WWW-VL Asian Studies: India (WebHead)

http://www.iloveindia.com/spirituality/sloka/index.html
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slokas:
Slokas
Bedtime Sloka Bhagavad Gita Slokas Early Morning Sloka Holy Bath Sloka Krishna Sloka Rama Sloka Sloka While Eating Sloka While Lighting Lamp Vishnu Sloka
Pujas Mantras Indian Gurus Ashrams in India Hindu Gods Hindu Goddesses

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TIRUPPATHI TEMPLE WEB-SITE:

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Monday, June 9, 2008

INCOME OF SOURCING ARM OF NRI-NOT TAXABLE

`Sourcing arms of NRIs not to pay tax`
Raghuvir Badrinath / Bangalore June 10, 2008, 0:25 IST
In a landmark decision, the Bangalore Tribunal has ruled that the income arising from non-resident Indians' (NRIs') sourcing operations through liaison offices in India is not taxable.
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The liaison offices have of late come under the scanner of the revenue department. The tax authorities are of the view that sourcing goods from India through agents is a revenue-generating activity and so income from it should be taxed.
The ruling is a breather for NRIs buying goods through agents in India for exports. The ruling is also important as it sets a principle that the purchase activity is not taxable in India, irrespective of whether the goods are purchased by the principal or the agent.
The tribunal had last week ruled this in favour of a global sports apparel firm headquartered in the US. "It has affiliates in various countries. The assessee assists its affiliates in procuring goods from manufacturers in many parts of the world as a buying agent and gets remuneration on a commission basis," said an official involved in the process.
The assessee has entered into an agreement with manufacturers in India for procurement of goods, which are directly shipped to the affiliate's location. The assessee had set up a liaison office in the country with the approval of the Reserve Bank of India (RBI). The activities included giving opinion on prices and supervising progress and quality at the manufacturing workshop.
The revenue authorities said the activities of the liaison office extended beyond the RBI approval. They further argued that the exclusion to business connection in respect of "purchase of goods by a non-resident for the purpose of export" would not apply to the assessee since it does not take title to the goods. A percentage of the value of exports was considered as income attributable to the India operations.
The Bangalore Tribunal held that irrespective of whether the principal purchased directly or through an agent, the activity would be excluded from the gamut of business connection so long as the purchase is exports-related. Hence, no income is accrued or deemed to accrue or arise in India. This was confirmed by KR Sekar, partner, Deloitte Haskins & Sells.
The tribunal also observed that the assessee is not representing the manufacturer but is an agent of the affiliates. The liaison office only ensures and supervises the manufacturing activity as an agent of the affiliates. The manufacturer does not receive any services from the liaison office or the assessee. The activities of the liaison office were well within the limits prescribed by the RBI, it said.

Friday, June 6, 2008

NEW INCOME-TAX FORMS-2008-09

FW: [aaykarbhavan] download link for New Income Tax Return Forms Posted by: "Sameer Pradhan" sameer_pradhan75@hotmail.com sameer_pradhan75 Fri Jun 6, 2008 3:28 am (PDT)
To: aaykarbhavan@googlegroups.com; aaykarbhavan@yahoogroups.comFrom: r.r.makwana@gmail.comDate: Thu, 1 May 2008 08:43:29 +0530Subject: [aaykarbhavan] download link for New Income Tax Return Forms
New Income Tax Return Forms
Form No Heading
A.Y. 2007-08 A.Y. 2008-09
ITR 1 Normal FontLarge Font
ITR 1 Normal FontLarge Font InstructionsFor Individuals having Income from Salary/ Pension/ family pension & Interest
ITR 2 ITR 2 InstructionsFor Individuals and HUFs not having Income from Business or Profession
ITR 3 ITR 3 InstructionsFor Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship
ITR 4 ITR 4 InstructionsFor individuals & HUFs having income from a proprietary business or profession
ITR 5 ITR 5 InstructionsFor firms, AOPs and BOIs
ITR 6 ITR 6 InstructionsFor Companies other than companies claiming exemption under section 11
ITR 7 ITR 7 InstructionsFor persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)
ITR 8 ITR 8 InstructionsReturn for Fringe Benefits
ITR V ITR V
Where the data of the Return of Income/Fringe Benefits in Form ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-8 transmitted electronically without digital signature
Acknowledgement Acknowledgement
Acknowledgement for e-Return and non e-Return
Forms to be submitted by Scientific Research Organisations
Application Form for approval under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 in the case of a Scientific Research AssociationFORM NO.3CF-I
Application for approval of scientific research programme under section 35(2AA) of the Income-tax Act, 1961FORM NO. 3CG
Order of approval of in-house Research and Development facility under section 35(2AB) of the Income-tax Act, 1961FORM NO. 3CM
Certificate of expenditure by way of payment in respect of eligible projects or schemes notified under section 35ACFORM NO. 58A
Certificate of expenditure incurred directly by a company in respect of eligible projects or schemesnotified under section 35ACFORM NO. 58B
Report to be submitted under clause (ii) of sub-section (4) of section 35AC of the Income-tax Act, 1961 to the National Committee by an approved association or institutionFORM NO. 58C
Report to be submitted by a public sector company, local authorityor an approved association or institution under clause (ii) ofsub-section (5) of section 35AC of the Income-tax Act,1961 to the National Committee on a notifiedeligible project or schemeReporting period ________to__________FORM NO. 58D
Application Form for approval under clause (ii) or clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 in the case of a University, College or other InstitutionFORM NO. 3CF-II
Forms to be submitted by Charitable and Religious Organisations under Section 10
Application for grant of exemption or continuance thereof under section 10(23C)(iv) and (v) for the year FORM NO. 56
Application for grant of exemption or continuance thereof under section10(23C)(vi) and (via) for the year ___________ FORM NO. 56D
Forms to be submitted for registration of Charitable or Religious Institutions
Application for registration of charitable or religious trust or institution under section 12A(a) of the Income-tax Act, 1961 FORM NO. 10A
Challans
PAN-filled form FORM NO. 280FORM NO. 281
Blank form 280 281 282 283
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Tuesday, May 27, 2008

INCOMETAX ACT AS AMENDED By 2008

INCOME TAX ACT, 1961 AS AMENDED BY FINANCE ACT 2008
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INCOME TAX ACT.rar74K Download

Tuesday, May 20, 2008

SOFTWARE BUNCH

http://tech.msn.com/products/articlepcw.aspx?cp-documentid=6729042
101 Fantastic Freebies
By Preston Gralla and Erik Larkin, PC World
1 2 3 4 5 Next >
Whether you're partial to online services or to downloadable software, we have the Web's best free stuff and it'll keep you productive, secure and entertained.
Free. It's the magic word for an ever-expanding wealth of downloadable software and online services. Free doesn't necessarily mean good, however, and hunting for freebies can mean sifting through a lot of junk.That's where we come in. We surfed, clicked and installed to find sparkling free gems capable of planning your time, keeping you in touch and tuning and securing your PC, not to mention glitzing up your desktop, helping you stay productive and entertaining you with music, videos, photos and games. We paid special attention to programs and services you may not have heard of before.
We also singled out two free offerings -- one download and one online service -- as the best of the bunch. We want to hear your picks for the best freebies, too, whether they appear in this article or not. Please let us know by joining our forum discussion.
In This Article:
File Sharing and Storage
Security
Video and Photo
System Utilities and Backup
Maps and Directions
Communications
Time Management
Music
Desktop Customization
News Readers
Games
Best Download and Web App
Fantastic Freebies, by Category
Fantastic Freebies, Alphabetical Order
Productivity
AbiWord (download)Tired of expensive, slow, bloated word processors? Download this surprisingly powerful freebie, which includes sophisticated features such as mail merge and advanced layouts. The program handles a wide variety of document formats, including those of Microsoft Word, Rich Text Format, OpenOffice.org and other programs.
TrackMyShipments (service)If you place orders often via the Web or phone, here's a site for you. When you get a shipping notification, forward the e-mail to track@trackmyshipments.com. The service reads through your message for the tracking information and keeps it in one place for all of your orders. Log in to the site to see the progress of your shipments, including a map showing their progress.
Buzzword.com (service)You have plenty of free Web-based word processors to choose from, but most aren't as slick as this one. The design is tasteful and elegant, menu items slide in and out of place, and it's incredibly simple to use. But don't let the pretty face fool you, because Buzzword is feature-packed as well. Inserting tables and graphics is a breeze, you can easily select background colors, and the document manager is a standout too.
ThinkFree Online (service)Don't want to fork over several hundred dollars for Microsoft Office? Try this Web-based productivity suite, which covers word processing, spreadsheets and presentations. The service can create files compatible with Microsoft Office, so you can download files to your own PC where you can work on them offline using Office applications, if you wish. You can also edit your Office-created documents in ThinkFree, though you have to be connected to the Internet to do that. But if you're always connected, you can't beat free.
StarOffice (download)If you prefer offline apps that reside on your PC, download the free StarOffice suite, which includes a word processor, a spreadsheet app and a presentation program, among other goodies. It's part of the free Google Pack, which also contains a bunch of other programs you might not want. During the Google Pack download, simply check the box next to StarOffice and uncheck all the others.
Foxit Reader for Windows (download)High on our list of the most annoying applications of all time is Adobe Acrobat Reader. It's slow, bloated and buggy and it often crashes some systems -- all of which can drive you insane. Foxit lets you read and even fill out PDF files, without touching Reader. This small and compact tool loads fast, won't hog RAM or system resources and won't crash your PC.
Microsoft Office Live Small Business (service)With this service, you can share documents and collaborate with co-workers and customers, build a Web site and manage your contacts. A variety of for-pay options are available as well, but you don't have to pay for the basics.
Blist (service)If you own a small business, you need a database to create and track customer records, among other details. At home, you may want to organize information related to hobbies, such as your fantasy football stats. With Blist, you can do all of that online for free. You just drag and drop column types, such as numbers, dates, names and money amounts, onto a grid. Then type in your data, and voilá -- instant database.
Moffsoft FreeCalc (download)For simple, basic operations, the calculator that ships with Windows is fine. But if you need more, get this great free download. It has a variety of new keys, such as memory subtract, and its nifty "tap" feature keeps a running history of all your calculations.
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CONTINUED: File Sharing and Storage
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