Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

For Sales / Support:
WhatsApp

9911796707

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Non-resident Singapore firm's software licensing... TaxTMI EOUs face automated Import Rules from 17.09.2024 -... TaxTMI Steel Extending validity of customs valuation rules... TaxTMI Relaxations for employee benefit trusts, aligned... TaxTMI New SEBI circular relaxes rules for REITs, enables... TaxTMI Phased rollout of quality standards for low-voltage... TaxTMI Virtual Hearings Mandatory: CBIC Reinstates Video... TaxTMI Apex Court upholds validity of extension of GST... TaxTMI Builders wrongly claimed before Appellate Tribunal... TaxTMI Deductions, expense allocation & miscellaneous... TaxTMI Foreign airline's code-sharing income from India... TaxTMI Reopening of assessment after 4 years and addition... TaxTMI Trade officials wrongly denied export benefits due... TaxTMI License Revoked Without Proper Notice 's license... TaxTMI Settling shareholder feud, ensuring company... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For February of 2012

Home Highlights February February 2012 Year 2012

Filter:

Showing 1 to 50 of 275 Records

12 3 4 5........ 6

February 29, 2012 Case Laws Income Tax

Stricture against department - In the process, a person who is eligible to a tax holiday has not only been denied the benefit, but made him to contest the proceedings in....
February 29, 2012 Case Laws Income Tax

Penal Charges paid to Sister Concern towards cost of storage - deduction disallowed - AT
February 29, 2012 Case Laws Income Tax

Revision u/s 263 - In view of 80IA(7) read with rule 18BBB, unless audit report of p/y is furnished no deduction is available. - CIT was justified in holding the order......
February 29, 2012 Case Laws Income Tax

The manufacture of identity cards cannot be described as photography apparatus and goods. In fact, the assessee is taking the aid of photographic apparatus and goods for....
February 29, 2012 Case Laws Central Excise

Processing of Wet cotton fabric - mercerizing and bleaching - Processed goods being in wet condition was not marketable. - To make the said fabric marketable further......
February 29, 2012 Notifications Customs

Amends notification no. 09/2012- Custom (NT) - Rate of exchange of conversion of each of the foreign currency with effect from 1st February, 2012. - Ntf. No.......
February 28, 2012 Case Laws Companies Law

Daily fine - Period of limitation - Default on submission of annual returns - default in filing the balance-sheet of the profit and loss of the Companies within the......
February 28, 2012 Case Laws Income Tax

Depreciation on hotel building given on lease – Licence fee receivable taxable as business income - depreciation allowed - HC
February 28, 2012 Case Laws Income Tax

Block Assessment - Set off or carry forward of loss for p/y years from the undisclosed income determined during Search - It is clear that in computing the total income.....
February 28, 2012 Case Laws Customs

Foreign currency - illegal import - a compulsory requirement of making a Custom Declaration Form (CDF) is the legal requirement specifically when the impugned foreign......
February 28, 2012 Case Laws Service Tax

Cenvat credit - assessee availed input service tax credit among other things for the function arranged for Kannada Rajyostava Day and colour photography expenses in......
February 28, 2012 Case Laws Service Tax

Commercial concern versus non profit concern - As per definition of security agency under Section 65(94) service provider should be engaged in the business rendering......
February 28, 2012 Case Laws Service Tax

Notification No. 41/2007-ST dated 06.10.2007 - Refund - Regarding refund of service tax paid on CHA service and technical testing service - there cannot be two different....
February 28, 2012 Case Laws Central Excise

Cenvat Credit on Inputs - Served from India Scheme (SFIS) - debits made in SFIS would not amount to exemption from payment of duty. - Provisions of Rule 6 are not attracted - AT
February 28, 2012 Case Laws Central Excise

Cenvat credit wrongly claimed - supplier committed fraud - cenvat credit can not be recovered from the purchaser since he was not part of fraud - HC
February 28, 2012 Notifications Customs

Amends Notification No. 12/97 – Customs(N.T.) dated the 2nd April, 1997 - Ntf. No. 12/2012 - Customs (N.T.) Dated: February 27, 2012
February 28, 2012 Notifications Customs

Appointment of Common Adjudicating Authority - Ntf. No. 13/2012-Customs (N.T.) Dated: February 27, 2012
February 28, 2012 Notifications DGFT

Duty exemption on re-import of Cut & Polished Diamonds sent abroad for Certification/ Grading - Ntf. No. 100 (RE-2010) /2009-2014 Dated: February 28, 2012
February 28, 2012 Notifications Income Tax

Income-tax (Appellate Tribunal) Rules, 1963 - Amendment in rules 2, 4A, 9, 26 & 34A; deletion of proviso to rule 35A and substitution of words 'Income Tax Officer' and......
February 28, 2012 Notifications VAT and Sales Tax

Dena Bank Authorized for e-payment - Ntf. No. No. F.7(239)/P-I/05/VAT/2009/1275-1287 Dated: February 21, 2012
February 27, 2012 Case Laws Income Tax

Export commission payable to non-resident agents – No doubt the agents rendered services abroad and have solicited orders, but the right to receive the commission arises....
February 27, 2012 Case Laws Income Tax

Penalty u/s 271C - Non deduction of TDS u/s 194A - Supreme Court in the case of Hindustan Coca Cola Beverage (P.) Ltd. v. CIT [2007 -TMI - 1676 - SUPREME COURT OF INDIA]....
February 27, 2012 Case Laws Income Tax

TDS on interest - liability of paying tax is that of the creditor and a statutory duty is cast on the debtor to deduct tax and make payments. The revenue cannot collect.....
February 27, 2012 Case Laws Indian Laws

Foreign law firms or foreign lawyers cannot practice the profession of law in India either on the litigation or non-litigation side, unless they fulfill the requirement.....
February 27, 2012 Case Laws Indian Laws

Having regard to the aim and object of the International Commercial Arbitration introduced in the Arbitration and Conciliation Act, 1996, foreign lawyers cannot be......
February 27, 2012 Case Laws Service Tax

If the assessee has discharged the service tax liability on his own ascertainment or on the basis of ascertainment by the Central Excise officers and inform the Central.....
February 27, 2012 Case Laws Service Tax

Business Auxiliary Services - Job work - ‘yamming process’ amount to manufacture - not liable to service tax - AT
February 27, 2012 Circulars FEMA

Import of Gold on Loan Basis- Tenor of Loan and Opening of Stand - By Letter of Credit . - Cir. No. 83 Dated: February 27, 2012
February 27, 2012 Circulars DGFT

Import of spares for the existing machinery procured indigenously under EPCG Scheme. - Cir. No. 54 (RE-2010)/2009-14 Dated: February 23, 2012
February 27, 2012 Circulars DGFT

Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1 (2009-14) [RE: 2010]. - Cir. No. 53 (RE-2010)/2009-14 Dated: February 23, 2012
February 24, 2012 Case Laws Companies Law

Whether stamp duty is payable on the transfer of properties pursuant to the sanction of any scheme of amalgamation or demerger under the Companies Act, 1956 - Held yes - HC
February 24, 2012 Case Laws Income Tax

Slump sale – it was not possible to attribute the consideration which was paid, towards the individual assets which form a component part of the transfer of the business....
February 24, 2012 Case Laws Income Tax

Trust - When condition under Section 13(1)(b) are violated exemption u/s 11 are not given, it shall not effect the registration. CIT(A) to allow registration. - AT
February 24, 2012 Case Laws Income Tax

TDS - When Conversion Charges and Administrative expenses were paid without any formal agreement and the actual expenses were reimbursed or shared on the basis of......
February 24, 2012 Case Laws Income Tax

In view of Instruction No. 3/2011 which prohibits filing of an appeal to the High Court, where the tax effect is less than Rs. 10,00,000 - Instruction No. 3/2011 issued.....
February 24, 2012 Case Laws Income Tax

MAT - Profit and gains of any business of insurance - there is no provision for excluding from the book profits any profit accruing on account of sale of investments. - AT
February 24, 2012 Case Laws Income Tax

Deemed dividend - assessee (employee) entitled to both salary and commission of profits - the advance of commission on profits over and above that amount drawn during......
February 24, 2012 Case Laws Customs

DEPB - The expression "including pipes and tubes" following the words "extruded aluminium products" in Item 7 is restrictive in nature and will give 'extruded aluminium.....
February 24, 2012 Case Laws Customs

Confiscation - importer - the definition of 'importer' under Section 2 (26) of the Customs Act, 1962 - AT
February 24, 2012 Case Laws Central Excise

Credit on packing materials of capital goods – Revenue demanding reversal for same considering it to be clearance of waste & scrap of capital goods, relying on sub-rule.....
February 24, 2012 Case Laws Central Excise

Notification 67/95 - Manufacturing Sugar & Molasses - Molasses used to produce Etyl Alcohol - Paid 8% of the value of clearance of such undenatured ... - AT
February 24, 2012 Circulars DGFT

Corrigendum in description of export item at Sl. No 915, Product Code-62 of the DEPB Rate Schedule. - Cir. No. 100 / (RE-2010)/2009-2014 Dated: February 23, 2012
February 24, 2012 Notifications DGFT

Permission for export of wheat through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border. - Ntf. No. 99 (RE-2010)/2009-2014 Dated: February 23, 2012
February 24, 2012 Notifications DGFT

Permission for export of non-basmati rice through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border. - Ntf. No. 98 (RE-2010)/2009-2014 Dated: February 23, 2012
February 23, 2012 Circulars Income Tax

Section 119 of the Income-tax Act, 1961 - Instructions to subordinate authorities - Condonation of delay in filing return of income under section 119(2)(b) in case of......
February 23, 2012 Notifications Income Tax

Section 80-IA of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial infrastructure undertakings, etc. - Notified undertakings. - Ntf. No. 10/2012....
February 23, 2012 Case Laws VAT and Sales Tax

Maharashtra VAT Act 2002 - Refund - Petitioner falls within Section 51(3)(a)(3) relating to holders of a certificate of entitlement under any Package Scheme of......
February 23, 2012 Case Laws Income Tax

Garnishing order passed in pursuance of order passed for default in deduction of TDS - said orders are subject matter in the appeal before the CIT - money lying in the......
February 23, 2012 Case Laws Income Tax

Meaning of expression ‘Served’ / 'issued' - Notice u/s 143(2) - The date of receipt of notice cannot be left to be undetermined dependent upon the will of the addressee....
February 23, 2012 Notifications Central Excise

Amends Notification No.21/2004-Central Excise (N.T.), dated the 6th Sept., 2004. - Ntf. No. 02 / 2012-Central Excise (N.T.) Dated: February 22, 2012

12 3 4 5........ 6

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

C: Implementation of automation in the Customs (Import of Goods at Conces...

C: Mandatory additional qualifiers in import declarations in respect of c...

C: Clarifications on the applicability of concessional duty under IGCR Ru...

N: Specifying Forms prescribed in Appendix-II of the Income Tax Rules 196...

N: Securities and Exchange Board of India (Bankers to an Issue) (Amendmen...

N: Securities and Exchange Board of India (Buy-Back of Securities) (Secon...

H: Excess Input Tax Credit penalty appeal dismissed due to delay; court a...

H: Chit Funds Commission Not Subject to GST: High Court Quashes Notice.

H: Taxability of Additional Surcharge by Electricity Distribution Company...

H: Transport agency's bundled services disqualify it from GST exemption f...

H: Compensation for surrendering intellectual property rights treated as ...

H: Cooperative society eligible for tax deduction on interest from cooper...

H: Taxman overreached by turning limited scrutiny into wide-ranging probe...

H: TDS credit limited to income in return, excess related to past years' ...

H: Genuine anonymous donations not taxable. Grants not income if utilized...

H: Property investment source verification not valid grounds for reopenin...

H: Income Tax Assessment Notice Issued by Non-Jurisdictional Officer Quas...

H: Foreign tech firm wins case: No permanent establishment or royalty tax...

H: Simplified taxation for non-resident shipping biz: 7.5% presumptive in...

H: Freight charges paid to foreign shipping co. not taxable royalty or ch...

H: Software License & ICT Service Fees Taxability Re-examined - Royalty o...

F: INTERMEDIARY SERVICES OR EXPORT SERVICES

F: assessment order

F: Transfer of ITC without filing ITC-02

N: Exemption from specified income U/s 10(46) of IT Act 1961 – ‘National ...

A: Electronic Liability Register

A: From Inception to Exit- A Complete Guide to LLP Registration, Closure,...

A: Appeal filed beyond condonable period after writ proceedings disposal ...

A: Common Mistakes to Avoid While Making Income Tax Payments

F: PRE-DEPSOIT ISSUES