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 Excess Input Tax Credit penalty appeal dismissed... TaxTMI Transport agency's bundled services disqualify it... 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 Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For February of 2013

Home Highlights February February 2013 Year 2013

Filter:

Showing 151 to 200 of 306 Records

February 12, 2013 News Indian Laws

India Poised to be the Leading International Trading Hub for Rough Diamonds Task Group report to make recommendations to help India retain its primacy as a trading hub
February 12, 2013 Notifications VAT and Sales Tax

Notification regarding procedure and form for filing Audit Report. - Notification
February 12, 2013 Circulars Companies Law

Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg. - Circular
February 12, 2013 Case Laws Central Excise

CENVAT credit on inputs used in a process considered as manufacture - Indisputably, the respondent paid duty on their finished goods and hence there is no question of a.....
February 12, 2013 Case Laws Central Excise

CENVAT Credit - CHA services - the appellant are eligible for availment of CENVAT Credit and which has been reversed by them under protest is liable to be refunded to them. - AT
February 12, 2013 Case Laws Central Excise

Penalty - It cannot be said by any stretch of imagination that the appellant was prejudiced because the particular clause under which he was sought to be penalised was.....
February 12, 2013 Case Laws Central Excise

CENVAT credit on GTA service - The law is against the appellant for the period from 1/4/2008 as the definition of input service under Rule 2(l) of the CENVAT Credit......
February 12, 2013 Case Laws Service Tax

Non-discharge of Service Tax liability - two SCN were issued - overlapping of demand on the same issue - FAA was correct in setting aside the Order-in-Original. - AT
February 12, 2013 Case Laws Service Tax

Refund of un-utilized CENVAT credit - Export - rent paid on car park, cafeteria, terrace of the building, in-house training, CA services etc - refund allowed - AT
February 12, 2013 Case Laws Customs

Unjust enrichment - Consumer Welfare Fund - refund of cash security which was made in terms of the Board's circular does not attract the provisions unjust enrichment - AT
February 12, 2013 Case Laws Income Tax

Reopening of assessment - short levy of tax - It is now too late for the Petitioner to assert that its objections to the reasons on the basis of which the assessment is.....
February 12, 2013 Case Laws Income Tax

Exemption - Surplus - The provisions of Section 10(23C) cannot be interpreted regressively to deny exemptions. So long as the institution exists solely for educational.....
February 12, 2013 Case Laws Income Tax

Loss on wind mills and change in the method of valuation of stock - the assessee was justified in writing off the investment in the windmills as bad debt - HC
February 12, 2013 Case Laws Income Tax

Revised return - rectified return was in fact a new return - u/s 139 (5), it is not open either to rectify or to revise return after there was a delay in filing a said......
February 12, 2013 Case Laws Income Tax

Expenditure on construction/renovation of leased buildings - revenue v/s capital - held ass capital in nature - AT
February 12, 2013 News Indian Laws

MoS (Finance) urges SPMCIL to focus its Marketing Activities to Source New Business Opportunities and Diversify into Unexplored Newer Business areas
February 12, 2013 News Indian Laws

Second Meeting of Joint Committee Of Business Development Cooperation Between India And Colombia
February 12, 2013 Case Laws Income Tax

Profits chargeable to tax - the burden to prove that a particular benefit or receipt falls within the four corners of the provisions of sec.41(1) lies upon the revenue. - AT
February 12, 2013 Case Laws Income Tax

Addition u/s. 50 r.w.s. 50C - Sec. 50C is applicable on sale of depreciable asset and hence valuation adopted by stamp valuation authority to be taken into consideration - AT
February 12, 2013 Case Laws Income Tax

Acceptance of the loss in the revised returns u/s 139(5) – Change of status of assessee - how the brought forward losses could change the status of the assessee? - AT
February 12, 2013 Case Laws Income Tax

Disallowance u/s 40(a)(ia) – TDS - reimbursement of salary to the deputed personnel would not attract deduction of tax at source - AT
February 12, 2013 Case Laws Companies Law

Winding up petition - the machinery of winding up should not be allowed to be utilised merely as a means of realizing its debts. - HC
February 12, 2013 Case Laws Companies Law

Non allotment of shares applied nor returned the share application money - the prosecution has proved the guilt of the petitioners beyond a reasonable doubt. - HC
February 11, 2013 Case Laws Central Excise

Penalty under rule 15 of CCR, 2004 or Rule 26 of Central Excise Rules, 2002 - Department cannot be permitted to issue such corrigendum or to issue a fresh show-cause......
February 11, 2013 Case Laws Central Excise

CENVAT credit of service tax utilized for the payment of Central Excise duty at the time of clearance and manufacture of excisable goods - pre deposit waived - AT
February 11, 2013 Case Laws Service Tax

General Insurance Service - Exemption - There is no requirement in the notification that the Janta Personal Accident Policy referred to in the notification must be......
February 11, 2013 Case Laws Service Tax

BAS - Job Work – Process undertaken by assessee on tobacco leaves for his clients – Appellants are prima facie eligible for exemption under Notification No. 14/2004-S.T. - AT
February 11, 2013 Case Laws Customs

Refund - under duress and threat, the partners of the petitioner were forced to deposit - revenue directed to refund the the amount deposited by the petitioner during......
February 11, 2013 Case Laws Customs

DBK - “other handicraft of iron & aluminium” Vs. “Furniture” – Circular No. 3/2010-Customs., dated 12-2-2010 issued vide F.No. 609/27/2009-DBK resolves that whole dispute. - CGOVT
February 11, 2013 Case Laws FEMA

Repatriation of Money otherwise than through an authorized person – Appellant acquired the foreign currency by selling his property in Iran - confiscation upheld - HC
February 11, 2013 Case Laws Income Tax

Notice of demand u/s 156 - rejecting an application for stay of demand pending disposal of the appeal - penalty u/s 271 (1)(c) - An order for the deposit of the entire......
February 11, 2013 Case Laws Income Tax

Applicability of Section 50C - The contention that the property stood transferred in the financial year 2005-06 when the sale proceeds were received on the basis of the.....
February 11, 2013 Case Laws Income Tax

Interest on loan sanctioned from state government - mercantile system - the liability for payment of interest for all the previous AYs cannot be claimed or allowed in......
February 11, 2013 Case Laws Income Tax

Addition merely on the basis of statement u/s. 132(4) - unaccounted income - additions sustaianed - HC
February 11, 2013 Case Laws Income Tax

Foreign exchange loss on account of restatement of CDC loan - whether be treated as a revenue loss? - actual arisen v/s notional - AO to decide in view of Apex Court......
February 11, 2013 Case Laws Income Tax

TDS - printing of question papers - The purchase of pre-printed material from the printer therefore amounts to contract for sale and not ‘work’ as defined in section 194C(1) - AT
February 11, 2013 Case Laws Income Tax

LTCG - Legislature has intentionally not added word “land“ in the provision of Section 55(2(a) and therefore, the provision of section 55(2)(a)(ii) of the Act would not.....
February 11, 2013 Case Laws Companies Law

Cheques bounced - The summoning of a person to face trial is a serious matter as it may jeopardise the liberty of a person - Magistrate has to apply his mind before......
February 10, 2013 Case Laws Central Excise

Penalty - CENVAT credit on G.T.A. - CENVAT Credit received and utilized both for traded as well as manufactured goods were duly accounted for in the CENVAT Credit......
February 10, 2013 Case Laws Central Excise

Personal Penalty under Rule 26 - department could not bring out that he was looking after the day to day working of the factory and they could not bring out any......
February 10, 2013 Case Laws Central Excise

CENVAT Credit on rent a cab service - CENVAT Credit on rent a cab has been allowed - AT
February 10, 2013 Case Laws Service Tax

Classification of service - Sub-broker to the main stock broker - Once the appellant is out of purview of section 65 (101), its activity was rightly covered by the......
February 10, 2013 Case Laws Service Tax

CENVAT credit – Conduct of the appellant does not reflect to be fair when public money was enjoyed without credit being available on record therefore penalty shall be levied. - AT
February 10, 2013 Case Laws Customs

Return of goods seized - permission from the Ministry of Environment and Forest - goods seized in September/October 2010 - circular was issued on 04.07.2012 - said......
February 10, 2013 Case Laws FEMA

Order of preventive detention - the order of the preventive detention being exceptional measure by way of social defence ought to be used with great deal of care and......
February 10, 2013 Case Laws Income Tax

Royalty income earned from the OEMs on network equipment -In view of the specific clauses in the agreement between OEM's and Indian parties, it is clear that the......
February 10, 2013 Case Laws Income Tax

Re computation of income - first sett-off the carry forward speculative losses against the speculative profit and then set-off the business losses - beneficial circulars....
February 10, 2013 Case Laws Income Tax

Penalty u/s 271D for violation of Section 269SS - ITAT deleted the penalty as assessee had taken the loan only from her father-in-law and the transaction was genuine -......
February 10, 2013 Case Laws Income Tax

As per section 139(1) r.w.s. 80A(5) it is mandatory for every cooperative society for claiming deduction u/s 80P to file the return of income and to make a claim of......
February 10, 2013 Case Laws Income Tax

Notice u/s 143(2) – notice under section 143(2), cannot bar the Assessing Officer from processing the revised return under section 143(1)(a) of the Act - HC

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

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...