BSE Brokers Forum was incorporated in the year 1993 with a view to support and co-ordinate on behalf of the BSE brokers thereby facilitating for the smooth functioning of the trade and business. It has been acting as a link between the regulators of the market and the other Government bodies relating to the markets.
It has time and again come up and made representation for the larger interest of the community.
With the country seeing and experiencing an economy so dynamic and ever changing BSE Brokers Forum is only acting as a facilitator in filling the gaps so that the business may shore up their competitiveness and enhance their global reach.
OBJECTIVES:
To foster, encourage and spread the knowledge of trading, dealing and transactions in stock exchanges.
To organize, sponsor, promote, establish, conduct or undertake Research in any way or by any means whatsoever and in any are or field devoted to the development and spread of the knowledge regarding various types of transactions, dealings and investments to be made.
To impart every kind of education which has directly or indirectly the object or effect of spreading knowledge and information regarding the Stock Exchange transactions.
To establish and update, well-equipped library of Stock Exchange materials and money market and to maintain therein a reading room where journals of the day may be kept on view and to collect and preserve in such library all kinds of reading materials relating to the Stock Exchanges.
s. 32(1)(ii) Techno Shares Reversed By Supreme CourtIn CIT vs. Techno Shares & Stocks 323 ITR 69 the Bombay High Court considered the definition of an “intangible asset” in s. 32(1)(ii) and held that a stock exchange card was not an intangible asset eligible for depreciation. This judgement has been reversed by the Supreme Court today (9.9.2010). It has been held that a stock exchange card is a “license” and eligible for depreciation u/s 32(1)(ii).
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