PRESS RELEASE - Income Tax - Circulars
PRESS RELEASE - Income Tax - 402/92/2006-MC - Dated - 5-12-2013 - No.402/92/2006-MC Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th December,...
View ArticleAmendment of the existing policy on issue of shares by unlisted Indian...
Amendment of the existing policy on issue of shares by unlisted Indian Companies under FCCB/ADR/GDR, pursuant to the Foreign Currency Convertible Bonds and Ordinary shares (Through Depository Receipt...
View ArticleAdministering FEMA - Evolving Challenges (Inaugural address by Shri G...
Administering FEMA - Evolving Challenges (Inaugural address by Shri G Padmanabhan, Executive Director at the Authorised Dealers Conference at Agra) - Dated - 6-12-2013 - DG Shri H R Khan, Chairman,...
View ArticleCentral Excise - Nuclear reactors, boilers, machinery and mechanical...
Central Excise - Nuclear reactors, boilers, machinery and mechanical appliances parts thereof - Central Excise - SECTION XVI MACHINERY AND MECHANICAL APPLIANCES ELECTRICAL EQUIPMENT PARTS THEREOF SOUND...
View ArticleHIMALAYAN PIPE INDUSTRIES Versus COMMISSIONER OF C. EX., CHANDIGARH - Central...
HIMALAYAN PIPE INDUSTRIES Versus COMMISSIONER OF C. EX., CHANDIGARH - Central Excise - CESTAT NEW DELHI - Tri - Cenvat Credit - profit of receipt of inputs / raw material - Requisite form i.e ST XXVI-A...
View ArticleM/s. Reliance Footprint Ltd. Versus Asstt. Commissioner of Income tax- Circle...
M/s. Reliance Footprint Ltd. Versus Asstt. Commissioner of Income tax- Circle 10 (3) - Income Tax - ITAT MUMBAI - Tri - Expenses u/s 37(1) - Held that - The expenditure are in the nature of salary,...
View ArticleExpenses u/s 37(1) - Without pointing out any defect and without bringing any...
Income Tax - Dated - 6-12-2013 - Expenses u/s 37(1) - Without pointing out any defect and without bringing any adverse material on record, Ld. CIT(A) has observed that assessee has failed to prove that...
View ArticleCommissioner of Income-tax (Central) Versus Majestic Auto Ltd. - Income Tax -...
Commissioner of Income-tax (Central) Versus Majestic Auto Ltd. - Income Tax - PUNJAB AND HARYANA HIGH COURT - HC - Valuation of stock of spares - Held that - The items may be small in nature, may be...
View ArticleValuation of stock of spares - The items may be small in nature, may be...
Income Tax - Dated - 6-12-2013 - Valuation of stock of spares - The items may be small in nature, may be numerous but each item which is in stores of the assessee is required to be valued - The...
View ArticleKarnataka Reddy Janasangha Versus The Director of Income-tax (Exemptions) -...
Karnataka Reddy Janasangha Versus The Director of Income-tax (Exemptions) - Income Tax - ITAT BANGALORE - Tri - Depreciation on capital expenditure - Double deduction or not - Held that - Following CIT...
View ArticleStar Music Versus Deputy Commissioner of Income-tax - Income Tax - Case Laws
Star Music Versus Deputy Commissioner of Income-tax - Income Tax - ITAT CHENNAI - Tri - Assessment u/s 263 Held that - Following Tips Cassettes and Record Co. 2000 (7) TMI 210 - ITAT BOMBAY-E - the...
View ArticleIncome-tax Officer Versus Sahadev Pradhan - Income Tax - Case Laws
Income-tax Officer Versus Sahadev Pradhan - Income Tax - ITAT CUTTACK - Tri - Disallowance u/s 40(a)(ia) assessment u/s 144 - Whether within the meaning of section 144 while making an assessment of...
View ArticleExemption to imports for the purpose of Export to Bhutan - Customs - Import -...
Exemption to imports for the purpose of Export to Bhutan - Customs - Import - Export - Customs - SEZ - Started By - BRIJ MOHAN GOYAL - Dated - 6-12-2013 Last Replied Date - 30-12-1899 - Sirs, Pl...
View ArticlePenalty u/s 271(1)(c) - The assessee failed to explain as to why the penalty...
Income Tax - Dated - 6-12-2013 - Penalty u/s 271(1)(c) - The assessee failed to explain as to why the penalty u/s 271(1)(c) shall not be levied when the return is not filed within the time allowed...
View ArticleState Bank of India Versus Deputy Commissioner of Income-tax - Income Tax -...
State Bank of India Versus Deputy Commissioner of Income-tax - Income Tax - ITAT MUMBAI - Tri - Whether reopening of assessment proceedings u/s 148 valid or not The assessee has claimed refund on...
View ArticleAssessing Officer instead of complying with the requirement of section 153A...
Income Tax - Dated - 6-12-2013 - Assessing Officer instead of complying with the requirement of section 153A proceeded with the provisions of section 147/148 which are not applicable in the assessment...
View ArticleIndustrial undertaking - As per section 80IA(3)(ii), once the machinery or...
Income Tax - Dated - 6-12-2013 - Industrial undertaking - As per section 80IA(3)(ii), once the machinery or plant previously used for any purpose is transferred to a new business, the concerned...
View ArticleWhether the long term capital gain on sale of property purchased in the name...
Income Tax - Dated - 6-12-2013 - Whether the long term capital gain on sale of property purchased in the name of partner taxable in the hands of assessee The ownership of the property cannot be...
View ArticleDeduction u/s 54B agricultural land - It is not the fault of the assessee if...
Income Tax - Dated - 6-12-2013 - Deduction u/s 54B agricultural land - It is not the fault of the assessee if rained lands are not actually put to use during the drought - Tri - TMI Tax Updates -...
View ArticleCommissioner of Income Tax Versus M/s. Durr India Private Limited - Income...
Commissioner of Income Tax Versus M/s. Durr India Private Limited - Income Tax - MADRAS HIGH COURT - HC - Penalty u/s 271(1)(c) - Held that - There was delay in supply of material - There was no delay...
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