The case of the assessee can be easily summarised in a Hindi ...

Income Tax

May 22, 2017

The case of the assessee can be easily summarised in a Hindi proverb- “Chitt bhee meri Pat bhee meri. ”To save itself from the penal provisions, it claimed that it was a cooperative bank and for claiming deduction u/s. 80P now it claims that it is not a cooperative bank. - AT

View Source

← Previous Next →

The case of the assessee can be easily summarised in a Hindi ...

Income Tax

May 22, 2017

You may also like:

Commission income – Bofors Case – Important observations and decision of the ITAT summarized

Classification of shampoo – Entry 48 and 63 – UPTT - In light of difference found in English and Hindi version in Entry No.48 of Notification, Hindi version would prevail - HC

RBI Notification on withdrawal of ₹ 500 and ₹ 1000 Notes - Conditions and safeguard - No limit on deposit into Bank (Hindi and English Both)

NEW FTP 2015-20 - Scrips issued under Exports from India Schemes can be used to pay Customs Duty, Central Excise Duty and Service Tax and will be easily transferable

Refund of Cenvat Credit - Ratio of value of services realized for output services rendered in areas inside SEZ and outside SEZ is easily determinable - refund may be granted - AT

SEZ unit - MEIS benefit - in the case of SEZ, the entire operations are under the control of Development Commissioner and the officers of the Customs posted therein and...

Cenvat Credit - providing residential accommodation to ex-pat employees voluntarily - the order holding that it as a voluntary service and has nothing to do with the...

CENVAT Credit - One of the principles followed for allowing the benefit of cenvat credit is that it should form the cost of manufacture of input, output and final...

Valuation of imported goods - rejection of assessabla value - The statements, as summarized, only show that the respondent was ignorant of many factors, but it does not...

Registration of assessee's entity u/s 12AA - assessee institution is run under the provisions of the Juvenile Act - the genuineness or otherwise of the functioning of...

Quick Updates: