Notification - Income Tax - - 66/2013
Specified income arising to Karnataka State AIDS Prevention Society - Income Tax -
View ArticleNotification - Customs - - 42/2013
Regarding amendment of notification no 39/96-cus - Customs -
View ArticleNotification - Central Excise - - 26/2013
Amends Notification No. 64/95-CE - Central Excise -
View ArticleIncome Tax - WHETHER THE LOSS ON ACCOUNT OF DERIVATIVE BUSINESS CAN BE...
Sec. 43(5) of the Income Tax Act, 1961 defines the term lsquo speculative transaction rsquo . According to this section lsquo speculative transaction rsquo means a transaction in which a contract for...
View ArticleService Tax - No TDS on Service Tax
Published views of author that Tax is not deductible at source (TDS) on amount of service tax ndash Tribunals and Rajasthan High Court also viewed similarly. Correct circular is desired - Cheers for...
View ArticleIndex of Eight Core Industries (Base 2004-05 100), July, 2013
Index of Eight Core Industries (Base 2004-05 100), July, 2013
View ArticleThe Companies Bill, 2013 Receives the Assent of the President Published in...
The Companies Bill, 2013 Receives the Assent of the President Published in the Gazette of India as Act No. 18 of 2013
View ArticleAuction for Sale (Re-Issue) of Government Stock
Auction for Sale (Re-Issue) of Government Stock
View ArticleIncome Tax - Binding nature of the Circular which is contrary to the...
Income Tax - Binding nature of the Circular which is contrary to the statutory provisions of the Act - the circular has a binding force upon the revenue and they cannot contend to the contrary - The...
View ArticleCompanies Law - Rehabilitation scheme - the liability towards payment of...
Companies Law - Rehabilitation scheme - the liability towards payment of excise duty had been duly discharged as per the demand notice and the company was not liable for payment of penalty or interest...
View ArticleVAT and Sales Tax - Entry Tax - rebate to the extent of the amount of tax on...
VAT and Sales Tax - Entry Tax - rebate to the extent of the amount of tax on the payment of Trade Tax - Notification dated 28.4.2005, cannot be interpreted in the manner that where the rate of entry...
View ArticleIncome Tax - Agricultural land or capital asset - Even if we accept the...
Income Tax - Agricultural land or capital asset - Even if we accept the contention of the Revenue that no agricultural production was done by the assessee on this land, this mere fact will not take out...
View ArticleIncome Tax - Diversion of income by overriding title - The assessee may be...
Income Tax - Diversion of income by overriding title - The assessee may be trustee of that fund but it cannot apply the fund as per his own will. The interest, if any, earned on this fund is also to be...
View ArticleIncome Tax - No penalty or interest can be imposed for non-fulfillment of an...
Income Tax - No penalty or interest can be imposed for non-fulfillment of an act which a Notified Party is prevented from doing by reason of the Special Court Act. - Assessee cannot therefore be...
View ArticleIncome Tax - Disallowance u/s 40(a)(i) - withholding tax - taxability of...
Income Tax - Disallowance u/s 40(a)(i) - withholding tax - taxability of commission income in India - As the agent did not have any permanent establishment in India no part of the commission payable...
View ArticleIncome Tax - Deemed dividend - Before AO, the assessee claimed that Shri S.J....
Income Tax - Deemed dividend - Before AO, the assessee claimed that Shri S.J. Marshall (SJM), the father of the assessee had instructed the company to gift a sum to his son (the assessee) - Not taxable...
View ArticleIncome Tax - Transfer of capital or transfer of business - Sale of equity...
Income Tax - Transfer of capital or transfer of business - Sale of equity shares of the private limited company - applicability of provisions of section 28(va) - transfer of management - non-compete...
View ArticleIncome Tax - Notice u/s 148 - Sanction of appropriate authority - Violation...
Income Tax - Notice u/s 148 - Sanction of appropriate authority - Violation u/s 151(2) - Scope of Section 292BB - Benamidar - Benami Business in the name of other - AO failed to provide benami business...
View ArticleIncome Tax - Non Deduction of TDS on Mark up of 21 over basic Salary -...
Income Tax - Non Deduction of TDS on Mark up of 21 over basic Salary - secondment of employees - Reimbursement salary and other expenses to company held in Singapore - disallowance u/s 40(a)(ia) - TDS...
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