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TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Funds received by assessee overlooked during... TaxTMI Cash deposits explained through VAT returns, cash... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Appointment of adjudicator for corporate penalties... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Excessive transport expenses deduction and TDS... TaxTMI Importer imports "Ground Colemanite (B2O3 40%)... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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October 14, 2013 Text of the Oral Intervention made by the Union Finance Minister Shri P.Chidambaram at the Development Committee meeting in Washington D.C. October 14, 2013 Text of the Intervention made by the Union Finance Minister Shri P.Chidambaram at the IMFC Plenary Meeting in Washington D.C. October 12, 2013 Welcome to India: State of the Indian economy, banking sector and factoring services (Opening Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at International Factors Group’s Annual Conference on October 7, 2013 in New Delhi) October 12, 2013 Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of August, 2013 (Base 2004-05=100) October 11, 2013 Statement of Srikant Kumar Jena on Index of Industrial Production October 11, 2013 Anand Sharma, Gita Wirjawan Discuss Doha Round Negotiations Indonesia Welcomes Indian Investment in Pharma October 11, 2013 “Need to adopt National Competition Policy, which is need of the hour” says Ashok Chawla, Chairman, Competition Commission of India October 11, 2013 RBI Reference Rate for US $ and Euro October 11, 2013 Speech by Mr.P.Chidambaram, Union Finance Minister, at the Carnegie Endowment for International Peace on Recapturing India’s Growth Momentum October 10, 2013 Regaining the Growth Momentum: Issues and Imperatives (Chief Guest Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the sixth Annual Banking Conference “Bank on it , 2013” organized by the Narsee Monjee Institute of Management Studies in Mumbai on Oct 5, 2013) October 10, 2013 RBI Reference Rate for US $ and Euro October 10, 2013 IFC Launches a $1 Billion Offshore Bond Program—The Largest of its Kind in the Offshore Rupee Market—To Strengthen India’s Capital Markets and Attract Greater Foreign Investment October 10, 2013 Today Last Date for Submitting Suggestions for the First Tranche of Draft Rules under the Companies Act 2013 October 9, 2013 RBI appoints Technical Committee on Mobile Banking October 9, 2013 India’s Foreign Trade: September, 2013 October 9, 2013 RBI Reference Rate for US $ and Euro October 9, 2013 Total Number of Companies in the Official Registry October 9, 2013 Ministry of Corporate Affairs Invites Comments from General Public on the Report of the Damodaran Committee October 8, 2013 Finance Minister to Leave for USA Tomorrow to Participate in Annual Meetings of World Bank and IMF: also to Attend G-20 and G-24 Ministerial Meetings on the Sidelines: To Meet with US Investors Highlighting India as the Most Attractive Destination for Investment October 8, 2013 Gross Direct Tax Collection Figures for April- September in F.Y.2013-14 is up by 10.66 Percent and Stood at Rs. 3,01,250 Crore as Against Rs. 2,72,221 in the Same Period Last Year

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F: Stock damaged in recent floods

F: GST on Solar Plant

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A: Difference between “License” and “Royalty”

A: Penalty proceedings under Section 130 of the CGST Act cannot be initia...

N: Inland Container Depots for loading and unloading of goods - Seeks to ...

C: Guidelines to Stock Exchanges, Clearing Corporations and Depositories

T: Supreme Court Upholds Validity of Re-Assessment Notices Issued During ...

F: Transfer of ITC without filing ITC-02

F: assessment order

F: INTERMEDIARY SERVICES OR EXPORT SERVICES

H: Revision: Hospital receipts verified, partial refunds & fees paid subs...

F: ITC Issue in case of Acqusition of Company in Insolvency

H: Goods matched documents like e-way bill and invoices; detention order ...

H: Goods Inspection Matches E-Way Bill, Lack of Tax Evasion Intent Quashe...

H: Income tax reassessment validity: AO initiated proceedings u/s 147 ins...

H: Reassessment Rules Interpretation: Taxpayer Wins Over Accommodation En...

H: Sale-purchase loss disallowed unreasonably by tax officer, commercial ...

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H: Loan to equity conversion attracts income tax on excess share premium ...

H: Property purchase: Joint owners pay via banking channels before regist...

H: Tax exemption limit for leave encashment: Local authorities' employees...

H: Tax assessments beyond 6-year limit quashed, satisfaction note lacked ...

H: Cash found in lockers linked to temple trust and educational foundatio...

H: Microphone Tech Classification: Functionality Over Technology.

H: Exemption from Social Welfare Surcharge on duty-free imports via scrips.

H: Claim for performance pay not an operational debt under IBC; Multiple ...

A: Director Identification Number

A: No GST is applicable for the services provided by the Director under p...

A: Income Tax Act Revamp (Comprehensive Review): Status and Suggestion on...