Income Tax - Assam- Minimum Agricultural Income tax on Book Profit of tea...
References and links Statutory provisions The Constitution of India Article 246 read with Union List entries 82 and 85 State List entry 46, Article 366 clauses - Author - CA DEV KUMAR KOTHARI - Income...
View ArticleService Tax - No Service tax on notional interest on security deposit for...
We are sharing with you an important judgement of the Hon rsquo ble CESTAT, Mumbai in the case of Magarpatta Township Development and Construction Co. Ltd. Vs CCE 2013 (7) TMI 669 - CESTAT MUMBAI on...
View ArticleService Tax - AUDIT UNDER SERVICE TAX
Audit under service tax is covered by section 14AA of Central Excise Act, 1944 as applicable to service tax and section 72A inserted by the Finance Act, 2012 w.e.f. 28 - Author - Dr. Sanjiv Agarwal -...
View ArticleIncome Tax - Section 2(24) (x) deeming contributions of employees as income...
References and links Statutory provisions The Constitution of India Article 246 read with Union List entries 82 and 85, Article 366 clauses ndash 1, 6, 8, 28 a - Author - CA DEV KUMAR KOTHARI - Income...
View ArticleRBI issues Policy Document for Regulation and Supervision of Financial Market...
RBI issues Policy Document for Regulation and Supervision of Financial Market Infrastructures
View ArticlePM s remarks at the foundation-stone laying function for the new NCAER Centre
PM s remarks at the foundation-stone laying function for the new NCAER Centre
View ArticleIncome Tax - Allowance of deduction u/s 80IA - the unabsorbed depreciation...
Income Tax - Allowance of deduction u/s 80IA - the unabsorbed depreciation set off in earlier years cannot be reduced from the profits for computing the deduction u/s 80IA - Tri....................
View ArticleIncome Tax - Right to practice as Income-tax Practitioner (ITP) - u/s...
Income Tax - Right to practice as Income-tax Practitioner (ITP) - u/s 288(2)(v) (vi)- Mere possession of educational qualification without conducting departmental examination by the Board itself is not...
View ArticleIncome Tax - Search and Seizure - Assessing Officer not mentioned as to from...
Income Tax - Search and Seizure - Assessing Officer not mentioned as to from where the document was found. If that is the fact, then, there cannot be any presumption under section 292C -...
View ArticleIncome Tax - Undisclosed income - even if a date of end of block period was...
Income Tax - Undisclosed income - even if a date of end of block period was wrongly mentioned, the provisions of Section 292-B would save the notice - Non mentioning of status of the assessee, would...
View ArticleIncome Tax - Depreciation - software was also registered as trademark. AO s...
Income Tax - Depreciation - software was also registered as trademark. AO s objection that, on mere development of a new software depreciation as an intangible asset cannot be granted therefore would...
View ArticleService Tax - Refund - any service tax paid/ remitted by a service provider...
Service Tax - Refund - any service tax paid/ remitted by a service provider is liable to be refunded to the provider who has remitted service tax in relation to taxable services provided to the unit to...
View ArticleService Tax - Cenvat Credit - Rule 6 - interpretation of the term allowed -...
Service Tax - Cenvat Credit - Rule 6 - interpretation of the term allowed - Rules cannot be interpreted in such a way so as to make them nullity - there is no reason given as to why the word allowed...
View ArticleCentral Excise - Cenvat Credit - housekeeping, gardening services and...
Central Excise - Cenvat Credit - housekeeping, gardening services and construction of compound wall are the services which are required in furtherance of business activity and manufacturing of final...
View ArticleCentral Excise - Limitation Extended period of 5 years - the proviso cannot...
Central Excise - Limitation Extended period of 5 years - the proviso cannot interpreted to mean that since Revenue has knowledge of suppression, the extended period of limitation cannot be legitimately...
View ArticleCompanies Law - Scope of section 141 of NI Act U/S 138 only the drawer of the...
Companies Law - Scope of section 141 of NI Act U/S 138 only the drawer of the cheque can be prosecuted - the appellant was not a drawer of the cheque and had not signed the same - Sec. 141 contains...
View ArticleIncome Tax - Income from house property shall be computed after making the...
Income Tax - Income from house property shall be computed after making the deductions of municipal taxes paid, a sum equal to 30 of annual value and the amount of interest payable on borrowed capital -...
View ArticleIncome Tax - When admittedly contribution at the rate of 1.5 by AHL to the...
Income Tax - When admittedly contribution at the rate of 1.5 by AHL to the assessee, amounting to Rs. 38.59 lacs, is towards marketing activities, it can not be characterized as royalties falling...
View ArticleIncome Tax - Charitable Trust - The findings are mutually contradictory ie....
Income Tax - Charitable Trust - The findings are mutually contradictory ie. on the one hand the corpus donations have been taken as income on the other, they have been held not to be treated as part of...
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