|| New User || My profile || My Book Marks || SMS Services || Annual Subscription || Lost Password ||
Stay

TMI Database - Search

TMI - Tax Management India. Com
DOMAIN NAME IS ALSO A TRADE MARK - Article Cenvat Credit - Penalty - Input services received prior to 10.09.2004 - Scope of Rule 15 of CCR - Maximum penalty imposed equal to Rs. 2000/- - Tri Excess stock of stock found during search and seizure - redemption fine reduced from Rs.3 lakhs to Rs.1 lakh. - No personal penalty on partners and employees - Tri Sponsorship of cricket match - T-20 matches under the IPL banner - sports event - The appellant is immune to levy and collection of service tax under Section 65(105)(zzzn) of the Finance Act, 1994. - Tri Commercial training or coaching service - ICFAI - demand confirmed in view of Explanation added by the Finance Act, 2010 to Section 65(105)(zzc) of the Finance Act, 1994 with retrospective effect from 01/07/2003. - Tri Mining services / activities - composite contract - prima facie liable to service tax only from 1-6-2007 - Tri Claim of Duty drawback on goods and packing material perpetually - the petitioners cannot be stated to have exported a composite article. What the petitioners exported was the talcum powder simpliciter, of course in packed condition. - HC Expenditure owing to distribution of gifts to members/staff - expenditure allowed - Tri Deduction u/s 158BB(C)(1) - search - assessee did not maintain any books of accounts - not entitled to seek deduction - Tri Transfer - Building development agreement - The condition laid down u/s. 53A of Transfer of Property Act was not satisfied thus it cannot be said that there was a transfer u/s. 2(47)(v) - Tri Reopening of assessment - accommodation entries - nothing concrete was brought on record to substantiate that the assessee received any entry or made payment for accommodation entry - no addition - Tri Estimation of income of SJMI - PE - Procedure adopted by AO is not correct as there should be separate proceedings for two separate companies established in different countries. - Tri TP - where the lending of money was in foreign currency to its AE the domestic prime lending rate would have no applicability and the interbank rate fixed should be taken as benchmark - Tri Scrutiny / regular assessment - Validity of notice u/s.143(2) - year of selection was wrong and the notice served on assessee was issued prior to the actual approval by the JCIT - Notice bad in law - Tri Classification of the product Sugar Cone placed in Aluminium foil cone - sugar cone placed in the aluminium cone is properly classifiable under Chapter 19, as claimed by the appellant. - Tri Penalty - When the assessing authority, in its discretion has held that no penalty is leviable, by virtue of Section 80 of the Act, the revisionary authority cannot invoke its jurisdiction and impose penalty for the first time. - Tri Refund - Levy of Cess on import of coking and non-coking coal - The petitioners shall be entitled to refund of such duty paid only within three years immediately preceding the date of filing of the petition - HC Clandestine removal - allegation cannot be merely on the basis of presumptions and assumptions. Suspicion however grave cannot replace the proof - decided in favor of assessee by majority decision - Tri Swapping premium - Disallowance u/s 36(1)(viii) - swapping premium is nothing but discounted interest and had originated in the long term finance initially advance - deduction allowed - Tri    Left Stop Right
Calendar
<< Previous Month Next Month >>

Event Calendar For the Month of June

Select Category

1

June 05

Service Tax

Monthly - Payment of Service Tax for assessees other than individual, Proprietorship Firm and Partnership Firm (6th in case of electronic payment through internet banking) – G.A.R.-7 Challan

Form: GAR - 7 - Provision: Rule 6


2

June 05

Central Excise

Monthly - payment of Central Excise Duties for the previous month - For non SSI Units (6th in case of electronic payment through internet banking) - G.A.R.-7 Challan

Form: GAR - 7 - Provision: Rule 8(1)


3

June 07

Income Tax

Monthly payment of TDS on all types of payments (Except in the case where amounted is credited in the Month of March 31)

Form: Challan Form ITNS 281 - Provision: Rule 30(2)


4

June 07

Income Tax

Monthly payment of TCS u/s 206C

Form: Challan Form ITNS 281 - Provision: Rule 37CA


5

June 07

Delhi VAT

Issue of TDS certificates for the tax deducted at source - 7 days from the date of deposit of TDS

Form: DVAT – 43 - Provision: Rule 59(2)


6

June 07

Income Tax

Last date of submission of declaration i.e., for no TCS u/s 206C(1A) obtained from manufacturer to the Commissioner/Chief Commissioner of Income Tax as the case may be.

Form: Form No. 27C - Provision: Rule 37C


7

June 07

Income Tax

Submission of copy of declaration forms (Form 15G and form 15H) received from deductee by the deductor for non deduction of TDS under section 197A before the Chief Commissioner or Commissioner

Form: - Provision: Rule 29C


8

June 10

Central Excise

Monthly Return - Last Date for filing of Return of Central Excise and Cenvat Credit for the previous month for EOU units

Form: ER - 2 - Provision: Rule 17(3)


9

June 10

Central Excise

Monthly - Details of receipt and consumption of principal inputs and finished excisable goods - Declarations under central excise to be filed by a unit paying total duty (Cenvat Credit + Cash) of more than 1 crore

Form: ER - 6 - Provision: Rule 9A(3)


10

June 10

Central Excise

Monthly Return - Last Date for filing of Return of Central Excise and Cenvat Credit for the previous month For non SSI Units

Form: ER - 1 - Provision: Rule 12(1)


11

June 15

Delhi VAT

Deposit of tax deducted at source during the previous month

Form: DVAT – 20 - Provision: Rule 59(1)


12

June 15

Income Tax

Advance Income Tax in case of company

Form: ITNS - 280 - Provision: Chapter XVII Part C


13

June 15

PF ESI

Monthly - EPF - Return of Employees qualifying for membership to the EPF for the first time during previous month.

Form: - Provision:


14

June 15

PF ESI

Monthly - EPF - Return of member leaving service during the previous month

Form: - Provision:


15

June 15

PF ESI

Exempted establishment - EPS/ EDLIS - Monthly Return of members joining service during the previous month.

Form: - Provision:


16

June 15

PF ESI

Exempted extablishment - EPS/EDLIS - Monthly Return of Members Leaving Service During the previous Month

Form: - Provision:


17

June 15

PF ESI

Monthly - Payment of Provident Fund Contribution for the previous month (plus grace period of 5 days)

Form: - Provision:


18

June 16

PF ESI

Monthly - Payment of ESI Contribution for the previous month (plus grace period of 5 days)

Form: - Provision:


19

June 25

PF ESI

Monthly - Consolidated Statement of dues and remittance under EPF Scheme, 1952, EPS 1995 and Employees' Deposit Linked Insurance Scheme, 1976 of the previous month to which the dues relate.

Form: - Provision:


20

June 30

Income Tax

Particulars under the third proviso to section 194C(3)(i) to be furnished by a contractor responsible for paying any sum to such sub-contractor shall be in Form No. 15J. – A copy shall be furnished before Commissioner of Income Tax for the Financial Year ending March 31.

Form: Form No. 15J - Provision: Rule 29D


21

June 30

Delhi VAT

Quarterly Reconciliation Return for transaction under CST Act - within 3 months from the end of each quarter

Form: DVAT – 51 - Provision: Rule 67(1)


 
 
 
 
what is new what is new

Subscription UpdatesNewslettersCommunicationOther Options




Go To Top

Go to Mobile Website

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.