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 101 to 150 of 275 Records

February 20, 2012 Case Laws Central Excise

Cutting, grooving of the Aluminium sheet to make Aluminium composite panels amounts to manufacture of a distinct product commercially known as different. - HC
February 18, 2012 Notifications Income Tax

Section 139 of the Income-tax Act, 1961 - Return of Income - Exemption to specified persons from requirement of furnishing a return of income under section 139(1) for......
February 18, 2012 Circulars Central Excise

Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-CE and 50/2003-CE, both dated 10.06.2003 in specific situations – reg. -......
February 18, 2012 Circulars Customs

Adoption of uniform Customs Procedure for calculating the contents of Iron Ore – clarification regarding. - Cir. No. 04/2012-Cus Dated: February 17, 2012
February 18, 2012 Case Laws Income Tax

Unexplained credits – alleged bogus share application money received – Involvement of the assessee in such modus operandi is clearly indicated by valid material made......
February 18, 2012 Case Laws Income Tax

Long-term Capital gains – determination of date of acquisition – property acquired through inheritance - acquired by previous owner prior to 1-4-1981- benefit of......
February 18, 2012 Case Laws Income Tax

Salary to partners u/s 40(b) - such individual is not a partner of the assessee-firm in his individual capacity but he is a partner in the capacity of representative of.....
February 18, 2012 Case Laws Income Tax

Penalty u/s 271 - validity of assessment proceedings can be looked into during the penalty proceedings even though the assessment itself has not been challenged by the assessee.
February 18, 2012 Case Laws Income Tax

Business expenditure - Since the assessee is engaged in the transport business, the violation of traffic rules are quite normal for which it has to pay some......
February 18, 2012 Case Laws Customs

Anti Dumping Duty on import of carbon black - The challenge by the appellants that the injury analysis and finding on the causal link is defective is far from convincing.
February 17, 2012 Notifications Income Tax

Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds/debentures of Public Sector......
February 17, 2012 Notifications Income Tax

Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds/debentures of Public Sector......
February 17, 2012 Notifications Income Tax

Income-tax (Second Amendment) Rules, 2012 - Insertion of rule 114DA and Form No.49C. - Ntf. No. 05/2012 Dated: February 6, 2012
February 17, 2012 Circulars DGFT

Corrections in Public Notice No.80/(RE2010)/2009-14 dated 13.10.2011 and Public Notice No.83/(RE2010)/2009-14 dated 31.10.2011. - Cir. No. 99/(RE2010)/2009-14 Dated: February 16, 2012
February 16, 2012 Notifications Customs

Amends Notification No. 36/2001-Customs(N.T) - Palm oil, Palmolein, Soyabean Oil (Crude) and Brass Scrap (all grades) - Traiff Values. - Ntf. No. 11/2012 - Customs (N......
February 16, 2012 Circulars FEMA

Export of Goods and Services- Simplification and Revision of Softex Procedure. - Cir. No. 80 Dated: February 15, 2012
February 16, 2012 Notifications DGFT

Minimum Export Price of Onions. - Ntf. No. 96 (RE – 2010)/2009-2014 Dated: February 15, 2012
February 16, 2012 Case Laws Income Tax

Indo-French DTAA – Article 5 of India France DTAA states that even existence of a computer server amounts to existence of a PE within a jurisdiction...... - AAR
February 16, 2012 Case Laws Income Tax

Foreign travel expenditure - Merely stating that the assessee has booked a stall and the sons of the partners were attending is not sufficient. The circumstances......
February 16, 2012 Case Laws Income Tax

Assessbility of amount received for surrender of tenancy right – Once Section 45 cannot be applied, it is not open to the Department to impose tax on such capital......
February 16, 2012 Case Laws Income Tax

Unfortunate litigation - Deduction under 80G - Department to deposit Rs. 1,00,000 as cost in favour of the Rural Project Fund of the assessee-trust. .... - HC
February 16, 2012 Case Laws Income Tax

Transfer Pricing - Arm Length Price - Adjustment on the basis of labour charges - When regular employees are working with an assessee, he cannot terminate their services....
February 16, 2012 Case Laws Income Tax

MAT - Sales Tax Subsidy - Capital or Revenue Receipt - Capital receipt in the form of Sales Tax incentive needs to be excluded from profit as per P&L Account for the......
February 16, 2012 Case Laws Income Tax

Deduction under 80-IC - Proprietorship Converted into Partnership Concern - Benefit of 80IC cannot be denied only on the ground that section 80-IA embraces only cases......
February 16, 2012 Case Laws Customs

Anti Dumping Duty - Wrong classification by designated authority (DA) - PVC Paste Resin has remained the same during the original anti-dumping investigation as well as......
February 16, 2012 Case Laws Customs

Refund of customs duty - Notification No.04/2006 - appellant lodged protest before the Assistant Commissioner of Customs complaining realization of excess amount of duty....
February 16, 2012 Case Laws Central Excise

Show cause notice - Notice issued after the death of sole proprietor of the concern to the legal heir of the proprietary concern is not sustainable. .... - AT
February 16, 2012 Case Laws Central Excise

Valuation - manufacturing of UPS - inclusion of cost of the battery - value of bought out items is required to be added in the assessable value.... - AT
February 16, 2012 Case Laws VAT and Sales Tax

Clarification in respect of revised tax under KVAT Act - Commissioner is justified in regard to the classification of the "Resin Coated Sand" under Residuary Clause.... - HC
February 16, 2012 Case Laws Income Tax

DTAA - Arm length Price - if correct ALP is applied and paid, nothing further would be left to be taxed in the hands of the foreign enterprise. .... - HC
February 16, 2012 Case Laws Income Tax

Deduction under section 80-IB(11) of the Income-tax Act - in the cold storage plant - One could come to the conclusion that cold chain facility becomes complete only......
February 16, 2012 Case Laws Income Tax

Disallowance of deduction u/s 80IB - all the four conditions laid down in the clauses (a), (b), (c) and (d) of sub-sec. (10) of 80IB were not fulfilled. - no deduction .... - AT
February 15, 2012 Circulars FEMA

Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme. - Cir......
February 15, 2012 Circulars FEMA

Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Money changing activities. - Cir. No. 77 Dated: February 15, 2012
February 15, 2012 Case Laws Service Tax

Refund of Service Tax paid under Reverse Charge from August, 2002 to August, 2004 - Refund Claim allowed subject to the provisions of unjust enrichment.... - AT
February 14, 2012 Case Laws Income Tax

Income from Lease Rentals is taxable under “Income from business“ OR “Income from House Property“ - lease rental income arising from a complex commercial activity will......
February 14, 2012 Case Laws Income Tax

Exemption u/s 10(15) - TDS u/s 195 - Utilization of ECB - by imposing a condition by Dy. Director (ECB) during the progress of the scheme was like changing the rules......
February 14, 2012 Case Laws Central Excise

In case of erroneous refund of excise duty the competent authority shall issue show cause notice under Section 11 A, in which the assessee has to show cause as to why......
February 14, 2012 Case Laws Central Excise

Intravenous fluids - Exemption under central excise -Additions of dicaments will make it a schedule H Drug. The medicaments of intravenous fluid will certainly make the.....
February 14, 2012 Case Laws Wealth-tax

Wealth Tax - taxability of net wealth of AOP– S.21AA only ropes in an AOP for being assessed under the Wealth Tax Act but subject to the rider that it’s members should......
February 14, 2012 Case Laws Income Tax

Whether “Tax Payments“ by employer on behalf of Employee be considered as a taxable Perquisite further liable to tax - Taxes paid by the employer on behalf of the......
February 14, 2012 Case Laws Income Tax

Deduction of lease equalization charges from lease rental income - lease equalization charges is a method of re-calibrating the depreciation – we cannot find fault with.....
February 14, 2012 Case Laws Income Tax

Transfer petition - validity of Section 80HHC challenged – Looking to the large number of matters pending in various High Courts and since the question relates to vires,....
February 14, 2012 Case Laws Income Tax

Setting off loss of share trading against income from service charges – Tribunal was justified, in holding that the assessee fell within the purview of the exception......
February 14, 2012 Case Laws Income Tax

Legal representative - Agent of non resident - Merely because those shares relate to the respondent No. 4 company, that would not make respondent No. 4 as agent qua......
February 14, 2012 Case Laws Income Tax

Prohibitory order under 132(3) - prohibitory order under section 132(3) of the Act issued in respect of bank accounts without forming any belief or without any material.....
February 14, 2012 Case Laws Customs

Imposition of Anti-dumping duty on bus and truck radial tyres from China and Thailand - injury determination done by the D.A. for the domestic industry is faulty and not....
February 14, 2012 Case Laws Central Excise

Transfer of Cenvat Credit - Amalgamation - Sub-Rule (1) of Rule 11 has no application to the Exemption Notification, in the instant case, and therefore the appellate......
February 14, 2012 Case Laws Income Tax

Deduction u/s 80HHC - Ninety per cent of not the gross interest/rent but only the net interest/rent, which has been included in the profits of the business of the......
February 14, 2012 Case Laws Income Tax

DEPB - any amount realized by the assessees over and above the DEPB on transfer of the DEPB would represent profit on the transfer of DEPB and while the face value of......

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

A: NON-SUBMISSION OF FORM 15G/15H TO THE COMMISSIONER FOR TDS UNDER SECTI...

A: UNDERSTANDING AMNESTY FOR WAIVER OF INTEREST / PENALTY U/S 128A OF GST...

A: Department cannot pass an order on the dated personal hearing

A: How to register a Company in India: A Step-by-Step Guide for 2024

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

C: Withdrawal of Master Circular on issuance of No Objection Certificate ...

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

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

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

A: Electronic Liability Register

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