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TMI - e-Newsletter TaxTMI LTCG - deduction u/s 54F - Ownership of more than... TaxTMI Deductions u/s 80IC - audit report in Form 10 CCB,... TaxTMI Seeking grant of bail - Evasion of GST - The High... TaxTMI Territorial Jurisdiction - seeking transfer of... TaxTMI Eligibility for Composition scheme - ice-cream -... TaxTMI Characterization of receipt - amount received by... TaxTMI Validity of assessment order - SCN as also the... TaxTMI Seeking reimbursement of GST amount paid by the... TaxTMI Condonation of delay in filing an appeal before the... TaxTMI Valuation of imported goods - inclusion of royalty... TaxTMI Denial of Input Tax Credit (ITC) - Proof of... TaxTMI Rectification petition - Validity Of Order passed -... TaxTMI Service of SCN - Breach of principles of natural... TaxTMI The Ministry of Finance's recent notification... TaxTMI Disparity between the petitioner's GSTR 1 and GSTR... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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January 10, 2011 Import of Sensitive Items During April-October 2010 January 10, 2011 Shri A. N. Raman of ICWAI takes over as President of the South Asian Federation of Accountants January 9, 2011 FM Starts Pre-Budget Consultations; holds first meeting with Stakeholders from Agricultural Sector January 9, 2011 Export Grows 36.4% in December 2010: Commerce Secretary January 6, 2011 Rising Inflation from Widening Gap Between Wholesale and Retail Prices and the Growing Demand due to Rise in Income Levels; Asks State Governments to Ensure that all Bottlenecks in the Supply Chain are Removed at the Earliest : FM January 6, 2011 Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 25th December, 2010 January 6, 2011 The Institute of Chartered Accountants of India and Association of International Accountants, UK, Sign Joint Declaration January 5, 2011 Developments in India's Balance of Payments during the Second Quarter (July-September 2010) and Partially Revised data for First Quarter (April-June 2010) of 2010-11 January 5, 2011 RBI issues Guidelines for OTC Forex Derivatives and Overseas Hedging of Commodity Price and Freight Risks; Guidelines to be effective February 1, 2011 January 5, 2011 Sources of Variation in Foreign Exchange Reserves: April-September 2010 January 5, 2011 ICAI Awards for Excellence in Financial Reporting January 5, 2011 Finance minister cautions against window dressing by accountants January 4, 2011 Mamata Banerjee Receives Cheques of Dividend from Seven PSUs of Railways January 3, 2011 India’s Foreign Trade Data: November, 2010 January 27, 2010 GST may not meet April 1 deadline: Plan panel January 27, 2010 Date for filing ITR-V form extended January 25, 2010 CBDT to cross-verify all high value refunds this fiscal - BANK ACCOUNTS, BENEFICIARIES AND SOME SCAMSTERS INVOLVED IN IT REFUND FRAUD IN MUMBAI IDENTIFIED January 25, 2010 ECB Policy amended for payment for Spectrum allocation January 21, 2010 Augmenting Foreign Direct Investment Inflows January 21, 2010 TDS at a higher rate on all transactions not having PAN - PROVISION TO COME INTO EFFECT FROM 1ST APRIL 2010

Quick Updates:

H: Grant of Regular Bail - Forged tax invoices - Non-existent ghost busin...

H: Recovery of tax arrears from the Former director of the Company - Atta...

H: Seeking grant for Anticipatory Bail - Allegations of availing ineligib...

F: Man power supply to Poultry Farm - Taxable or exempt

H: Seeking activation of GSTIN and granting final certificate of registra...

H: Classification of goods - rate of tax - Classic Malabar Parota - Whole...

H: Cancellation of GST Registrations - The High Court observed that the p...

H: Violation of principles of natural justice - Mode of Communication - p...

F: iterest liability

H: Cancellation of GST registration of petitioner - The High Court acknow...

H: Correct head of income - Income from leasing or letting out the proper...

H: Validity of reopening of assessment - The High court observed that the...

H: Revision u/s 263 - CSR expenses - admissibility as the deduction u/s 3...

H: Acquittal of charge u/s 276CC - respondent has failed to comply with t...

H: Denial of specific request for personal hearing - The High Court noted...

F: gst rule 96(10)

H: Deduction u/s 80P - interest income(s) derived from such nationalized/...

H: Additions based on Cash Expenditure - Disclosure were made by the appe...

F: Notification No. 3/2023 - Compensation Cess (Rate) dt. 26.07.2023-Is i...

N: Rate of exchange of one unit of foreign currency equivalent to Indian ...

C: Partial modification to the circular no. IBBI/LIQ/61/2023 dated 28th S...

C: Circular on Standardization of the Private Placement Memorandum (PPM) ...

C: Discontinuation of Safeguard measures on import of Isopropyl alcohol (...

N: Notify “Public Tech Platform for Frictionless Credit” as the system wi...

N: Seeks to rescinds Notification G.O. (P) No.123/2023/TAXES dated the 12...

A: The onus is entirely on the Revenue to establish existence of PE every year

A: Know the Contrasts between PF and ESIC

A: RECENT SUPREME COURT JUDGMENTS ON ARBITRATION

A: If tax liability including interest has been paid subsequently SCN can...