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TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Transport agency's bundled services disqualify it... TaxTMI Taxman overreached by turning limited scrutiny into... TaxTMI Genuine anonymous donations not taxable. Grants not... TaxTMI Property investment source verification not valid... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Freight charges paid to foreign shipping co. not... TaxTMI Massive financial fraud via sham deals to launder... 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 Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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July 4, 2013 RBI Reference Rate for US $ and Euro July 3, 2013 Disinvestment of 4.01% Government of India Shareholding in HCL through OFS Method; Approximate Gross Receipts would be Rs. 260 Crore. July 3, 2013 RBI Reference Rate for US $ and Euro July 3, 2013 Government Approves Eight (8) Proposals of Foreign Direct Investment Amounting to about Rs.1311.54 Crore July 3, 2013 Anand Sharma Leaves for Mauritius to Attend IOR-ARC Economic and Business Conference July 3, 2013 Services Provided to Special Economic Zone (SEZ) Authorised Operations Exempted From Service Tax July 2, 2013 The Institute of Chartered Accountants of India To Set Newer Benchmarks While Taking Accountancy Beyond Professional Footprints During ITS 65th Year of Existence July 2, 2013 RBI Releases Draft Guidelines on Capital and Provisioning Requirements for Exposures to Corporates having Unhedged Foreign Currency Exposure July 2, 2013 ECGC CMD Hands over Rs. Five Crore Cheque to Anand Sharma as Relief Fund for Uttarakhand Floods July 2, 2013 Anand Sharma Chairs Meeting on Exports Concerted Push to High-Tech Products on Anvil July 2, 2013 RBI Reference Rate for US $ and Euro July 2, 2013 External Assistance For Reconstruction in Uttarakhand; Joint Mission of the World Bank and ADB Led by Shri Shaktikanta Das Additional Secretary, Department of Economic Affairs July 2, 2013 Auction for Sale of Government Stocks July 2, 2013 First Report of the Committee to Review Taxation of Development Centres and the IT Sector July 2, 2013 RBI discloses the names of applicants for new bank licences in the private sector July 1, 2013 Index of Eight Core Industries (Base: 2004-05=100), May, 2013 July 1, 2013 RBI Reference Rate for US $ and Euro July 1, 2013 The Institute of Company Secretaries of India Organizes ICSI Convocation 2013 – Southern Region at Chennai July 1, 2013 New Circulars on Transfer Pricing of Development Centres. June 29, 2013 Statistics Day Celebrations

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F: Stock damaged in recent floods

F: GST on Solar Plant

A: PENALTY ON DIRECTORS CONTRAVENING EXPORT REGULATIONS UNDER FOREIGN EXC...

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 ...

H: Building sale value can't determine depreciation; actual consideration...

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...