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Exemption under Notification No.6/2002 to the goods manufactured at site of the construction for use in the construction work at such site and the goods supplied for use by the Railways, cannot be denied. - Tri Maintainability of settlement application – Despite the assessee informing the Commissioner, that it had paid the filing fee and would file the settlement application within a week, the Commissioner proceeded to pass an order in utter haste. - HC Recovery of service tax while appeal is pending before tribunal - recovery notice published in Daily News Paper ‘Dainik Bhaskar’ dated 28-1-2012 - writ petition dismissed. - HC First appellate authority rejected the appeal for non-compliance with the pre-deposit of 25% - the appellant is directed to deposit 25% of the service tax liability confirmed by the adjudicating authority. - Tri If the goods were not intercepted, the same would have been cleared without claiming the ownership as the actual owner of the goods viz. digital cameras and wrist watches. Therefore, the goods are liable for confiscation - Tri TDS u/s 194C(2) - payments made to the labourers through the Sardars/Munshis - the provision of section 194C do not apply to the payments/expenditures incurred by the assessee. - Tri Undisclosed profit from unaccounted sales - CIT(A) was fair and reasonable while applying the G.P. Rate at 20% on the undisclosed sales. - Tri Addition u/s 68 - no person will gift 50% of his capital to a person with whom he has no relationship, blood relation or friendship. - onus is on the assessee to prove genuineness - Tri Retraction of statement - nothing has been brought on record by the assessee to substantiate its stand as to how it was prevented in making retraction immediately after survey & the retraction was made after a gap of almost 5 months. - Tri Reopening of assessment - Any inference not backed by material would only be a conjecture or surmise. Thus no merit in the Revenue's case qua denial of claim u/s.10A on account of contravention of section 10A(2)(iii) - Tri Roads, flyovers, bridges etc. constructed and owned by the assessee and utilized in its business of providing infrastructure would constitute plant and would be entitled to depreciation. - Tri Arbitration procedures - right to appointment of Arbitrator - the respondent had forfeited its right to appoint the arbitrator after the expiry of statutory period. - HC Cenvat Credit - Supply to SEZ - Amendment to rule 6 - whether retrospective or prospective - the amendment is clarificatory in nature - held as retrospective - HC Rebate claims under Rule 18 - Export - original and duplicate copies of the ARE-1 forms were lost by their CHA and the Petitioner had lodged an FIR - all other conditions met - rebate allowed - HC Levy of service tax - The petitioner has adopted a non-cooperative attitude and collected mob on the spot and sensitized them of the requirement of law and threatened the officers, while the search continued. - against the assessee. - HC Levy of service tax on packaging activity - palletizing of cargo for export - the packing done by the appellant forming part of “cargo handling service” is not the type of packing referred to in sub-section (76b). - HC Additions u/s 68 - AO could not shift the burden back onto the Assessee Company without producing any tangible material to doubt the veracity of the documents furnished by the assessee. - HC MAT - for computation of adjusted book profit, the provisions of sec.14A cannot be imported into clause (f) of the Explanation to sec. 115JB. - Tri    Left Stop Right
Income Tax Circulars

Income Tax

Year:-



Circular / Instructions / Trade Notices

 
 
Showing 1 to 20 of 2927 Records
1 04/2013 - dated - 17-04-2013
 
Issuance of certificate for tax deducted at source in Form No. 16 in accordance with the provisions of section 203 of the Income-tax Act, 1961 read with the Rule 31 of the Income-tax Rules 1962 -- regarding
 
2 03/2013 - dated - 26-03-2013
 
Circular on conditions relevant to identify development centres engaged in contract R&D services with insignificant risk
 
3 02/2013 - dated - 26-03-2013
 
Circular on application of profit split method
 
4 F. N o.225/45/2013/I TA.II - dated - 13-03-2013
 
Income Tax Offices through out India shall remain open and the receipts counters shall also work during normal office hours on 30th and 31st of March 2013. - Order Under Section 119(1) of the Income tax Act, 1961
 
5 PRESS RELEASE - dated - 01-03-2013
 
FINANCE MINISTRY'S CLARIFICATION ON TAX RESIDENCY CERTIFICATE (TRC)
 
6 Memorandum-1 - dated - 28-02-2013
 
FINANCE BILL, 2013 - PROVISIONS RELATING TO DIRECT TAXES
 
7 DBOD. No. IBD.BC.81/23.67.001/2012-13 - dated - 14-02-2013
 
Gold Deposit Scheme
 
8 PRESS RELEASE - dated - 11-02-2013
 
Government Once again urges all Tax Payers to Disclose their true income and pay Appropriate Taxes within the Current Financial Year
 
9 02/2013 - dated - 05-02-2013
 
Supersession of instruction no. 1857, dated 19-9-1990 - Vesting of property in central government - Disposal of properties acquired property be referred to Valuation Cell of the Department
 
10 DGIT (L&R)/SOP for SLP/2012-13/04 - dated - 04-02-2013
 
Delay in filing of SLP in Supreme Court - fixing of responsibility
 
11 F.NO.DIT(S)-III/CPC/2012-13/Demand Management - dated - 30-01-2013
 
Action to be taken on E-filed ITRs of A.Y. 2012-13 pending for processing at CPC having refund greater than or equal to Rs. 10 Lakhs
 
12 OFFICE MEMO - F.NO. C. 14014/2/2013-Vig - dated - 22-01-2013
 
Instruction regarding Preventive Vigilance to reiterate Government's resolution to provide a tax administration that is free of corruption
 
13 F No System/ITBA/Software Committees/11-12/34 - dated - 21-01-2013
 
Suggestions from field officers &Co-opting members for Committees of Stakeholders
 
14 PRESS RELEASE - dated - 18-01-2013
 
Heads of the Revenue of Brics Countries Identifies Seven areas of tax policy and tax Administration for Extending their Mutual Cooperation; joint Communique issued after Two Day meeting of the heads of Revenue of Brics Countries
 
15 01/2013 - dated - 17-01-2013
 
Issues relating to export of computer software Direct tax benefits -Clarification reg.
 
16 01/2013 - dated - 17-01-2013
 
Exchange of Information for Tax Purpose with Foreign Jurisdictions – Guidelines for inbound and outbound requests
 
17 PRESS RELEASE - dated - 14-01-2013
 
STATEMENT OF THE FINANCE MINISTER on GAAR
 
18 Practice Note, - dated - 01-01-2013
 
Appellate Tribunal - Procedure of - Practice note for hearing appeals & Applications fixed before ITAT Allahabad Bench, Allahabad
 
19 10/2012 - dated - 31-12-2012
 
Section 132, read with section 132A of the income-tax Act, 1961 - search & seizure - Assessment of preceding years in search cases during election period
 
20 F.No.DIT(Infra)/DFP/37/2012-13/1504 - dated - 13-12-2012
 
Delegation of Financial Powers to Heads of Departments - reg.
 
 
 
 
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