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May 6, 2008 Service Delivery Excellence Model (SEVOTTAM) - Citizen Charter - reg. May 3, 2008 Remittance of Examination Fees outside India - Not taxable in India and no TDS is liable to be deducted May 2, 2008 Clause wise details of changes made in the Finance Bill, 2008 before passing the same by the Lok Sabha May 1, 2008 No penalty in case service tax along with Interest is deposited before the issue of show cause notice May 1, 2008 Assessee did not file the return within due date, did not comply with the notice issued u/s 142(1) and still won the case against income escaping assessment May 1, 2008 Rajya Sabha clears Finance Bill, 2008 May 1, 2008 No TDS on service tax portion - Rent paid under section 194I April 29, 2008 Extracts from the reply of the Finance Minister to the debate in the Lok Sabha on the Finance Bill, 2008 April 29, 2008 Highlights of Amendments made in the Finance Bill, 2008 April 29, 2008 RBI Governor announces Annual Policy Statement for the year 2008-09 April 28, 2008 Service tax on Clearing and Forwarding Agency Services - The nature of transaction is required to be determined on the basis of the substance there and not by the nomenclature used - Supreme Court April 28, 2008 The expression industrial undertaking is to be used in the context in which it is used in the Income Tax Act and not in the context in which it is used in other laws such as the Industrial Disputes Act. April 28, 2008 CBEC issued clarification regarding refund of 4% Additional Duty of Customs April 27, 2008 Service Tax - Waiver of penalty where the amount of service tax along with interest is deposited before issue of Show Cause Notice (SCN) April 27, 2008 Service Tax Issuance of Show Cause Notice on the basis of third party enquiry without disclosing the nature and outcome of the enquiry April 27, 2008 Status of assessee under Income Tax -Scope of the benefit provided to the Individuals rendering services outside India regards the status of resident not ordinary resident. April 27, 2008 Taxability of capital gain arising from transfer of shares pursuant to the family arrangement. April 27, 2008 Shares held by the partners but assigned to firm - who is eligible to avail the credit of TDS deducted on shares April 27, 2008 Advisory Committee (National Advisory Committee) on Accounting Standards April 25, 2008 Entitlement of DEPB prior to issuance of Public Notice withdrawing the benefit under the Scheme against export of primary steel items, Cement and Rice

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