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January 16, 2008 Interest Income Shall be exempt if paid to FINNVERA or Finnish Export Credit in Finland - DTAA January 15, 2008 Export Promotion Capital Goods (EPCG) Scheme - Fulfillment of Export Obligation - Earning of Foreign Exchange January 15, 2008 Income Tax - In case AO did not agree with the Assessee, it does not mean that the Assessee had furnished inaccurate particulars. Penalty u/s 271(1)(c) is not imposable. January 12, 2008 In a very recent landmark judgment honorable Supreme Court has defined the issue on levy of Sales Tax and Service Tax on the same transaction - Decision in the matter of State of U.P. v. Union of India has been overruled. January 11, 2008 EOU/SEZ SECTOR ACCELERATES PACE OF ECONOMIC GROWTH, SAYS KAMAL NATH - PRESENTS EPCES EXPORT AWARDS TO EOUS & SEZ UNITS January 11, 2008 INDUSTRIAL PARK SCHEME 2008 NOTIFIED January 11, 2008 Service Tax is not payable on reimbursable expenses January 11, 2008 GTA - Where on consignment note is being issued by the transporter - what is the responsibility Service Tax on the recipient of services. January 9, 2008 RBI releases International Investment Position (IIP) of India as at the end-June 2007 January 5, 2008 CBEC clarifies the issue of Cenvat Credit for the purpose of payment of Service on Execution of Works Contract January 5, 2008 CBEC clarifies the issue of Cenvat Credit for the purpose of payment of Service on Renting of Immovable Property January 5, 2008 Service Tax - Furnishing of List of Records and Access to Registered Premises - Service Tax Rules, 1994 amended January 3, 2008 BOA GRANTS 24 FORMAL AND 4 IN-PRINCIPLE APPROVALS January 3, 2008 EXPORTS UP BY OVER 26.82% - INDIA'S FOREIGN TRADE DATA: APRIL-NOVEMBER 2007 January 1, 2008 INDIA's EXTERNAL DEBT FOR THE QUARTER ENDED SEPTEMBER 2007

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