RBI to issue Rs. 100 Banknotes with Rupee symbol Rs. and Inset Letter A
RBI to issue Rs. 100 Banknotes with Rupee symbol Rs. and Inset Letter A
View ArticleRate of Interest Subvention Increased from 2 to 3
Rate of Interest Subvention Increased from 2 to 3
View ArticleAs a Measure of Taxpayers Convenience, Last Date of Filing of Returns...
As a Measure of Taxpayers Convenience, Last Date of Filing of Returns Extended to 5th August, 2013
View ArticleCustoms - Challenge to the Show Cause Notice - Classification of the imported...
Customs - Challenge to the Show Cause Notice - Classification of the imported coal as steam coal or as bituminous coal - the court would not encourage litigation at the stage of show cause notice -...
View ArticleCustoms - Interest on delayed refund it was a mistake on the part of the...
Customs - Interest on delayed refund it was a mistake on the part of the Commissioner of Customs that he passed an incorrect or illegal adjudicatory order. Pursuant to the mistake committed by him, the...
View ArticleService Tax - Appellant was obliged to discharge property tax, water and...
Service Tax - Appellant was obliged to discharge property tax, water and electricity tariff etc. on behalf of the flat owners and the appellant has undertaken these activity in the capacity of an...
View ArticleService Tax - The activity of private placement of shares which have not been...
Service Tax - The activity of private placement of shares which have not been listed in any recognized stock exchange - The activity comes under the category of Merchant Banking activity -...
View ArticleService Tax - Export of services are to be determined strictly with reference...
Service Tax - Export of services are to be determined strictly with reference to provisions of the 2005 Rules and not by any subjective assumption of what constitute export - Tri....................
View ArticleCentral Excise - If the expert bodies, judicial as well as quasi judicial,...
Central Excise - If the expert bodies, judicial as well as quasi judicial, have interpreted the law in favour of the assessee, the assessee cannot be held guilty of any suppression or mis-statement...
View ArticleCentral Excise - Head office not registered as Input Service Distributor...
Central Excise - Head office not registered as Input Service Distributor Invoices issued by Service Provider in the name of Head Office registered in Delhi There is no dispute about the eligibility of...
View ArticleVAT and Sales Tax - Law is well settled that the AO has to apply his own mind...
VAT and Sales Tax - Law is well settled that the AO has to apply his own mind for making the assessment on the basis of the books of account maintained and any material in his possession after...
View ArticleIncome Tax - Undisclosed income - Block assessment - If the Revenue...
Income Tax - Undisclosed income - Block assessment - If the Revenue Department had failed to take appropriate measures then the assessee is at liberty to take the legal advantage of those fallacies. -...
View ArticleIncome Tax - Reopening of assessment u/s 147 - merely because the AO finds...
Income Tax - Reopening of assessment u/s 147 - merely because the AO finds the proof submitted by the assessee at the time of assessment proceedings to be not sufficient for the purpose of admitting...
View ArticleIncome Tax - Block assessment - where the AO in repudiation of the return...
Income Tax - Block assessment - where the AO in repudiation of the return filed u/s 158BC proceeds to make an enquiry he has to necessarily follow the provisions of section 142, 143(2) and 143(3)- the...
View ArticleIncome Tax - Business expenditure u/s 37(1) - Encashment of bank guarantee -...
Income Tax - Business expenditure u/s 37(1) - Encashment of bank guarantee - compensation for non performance - whether in the nature of penalty - It can be said to be compensatory in nature and not...
View ArticleIncome Tax - Deduction u/s 37(1) - Nature of payment - Whether shaman shulk...
Income Tax - Deduction u/s 37(1) - Nature of payment - Whether shaman shulk paid to Excise Department is penal in nature - The amount cannot be treated to be penalty, which can be disallowed -...
View ArticleIncome Tax - Peak credit - unaccounted transactions - ITAT has ignored...
Income Tax - Peak credit - unaccounted transactions - ITAT has ignored relevant and material facts and has gone on a tangent without examining the real issue and the controversy, i.e., has the assessee...
View ArticleIncome Tax - Jurisdiction of Authority for Advance Ruling - Refusal to give...
Income Tax - Jurisdiction of Authority for Advance Ruling - Refusal to give ruling on final hearing - Whether there was any contravention of SEBI guidelines - Authority is not correct in refusing to...
View ArticleIncome Tax - Tax payment u/s 115JA - Minimum Alternate Tax (MAT) - Whether...
Income Tax - Tax payment u/s 115JA - Minimum Alternate Tax (MAT) - Whether the Assessing Officer could have made prima facie adjustment and held that minimum alternative tax under Section 115JA was...
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