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 51 to 100 of 306 Records

123 4 5 6........ 7

February 22, 2013 Case Laws Income Tax

Commission to foreign agent - Volcker Committee report - unethical payment of commission to agent in Iraq - Section 40(a)(i) shall not be applicable in the given case......
February 22, 2013 Case Laws Income Tax

Deduction 80-IA – windmill - Had the assessee not been saddled with the restrictions of supplying surplus power to the SEB, it would have supplied the power to ultimate.....
February 22, 2013 Case Laws Income Tax

Discount to customers - Merely because the receipt vouchers were made by the assessee cannot be a ground to make ad hoc disallowance out of the claim of discount - AT
February 22, 2013 Case Laws Income Tax

Principles of mutuality – “member” includes guests and relatives of the members and members of the affiliated clubs - Once the income is found to be covered by......
February 22, 2013 Case Laws Income Tax

Sec. 269SS and 269T - there is bonafide belief to the effect that the receipt of advances against allotment of shares and repayment of share money would not be termed......
February 22, 2013 Case Laws Wealth-tax

Wealth Tax consequent to addition in Income Tax - assets - presumption - cannot be held to be the assets in the hands of the assessee after the period of more than eight....
February 21, 2013 News Indian Laws

PM’s statement to the media at Parliament House on the start of the Budget session
February 21, 2013 Case Laws Income Tax

Exemption u/s 1OB - Deduction u/s 80IB - Manufacturing of chappati, parath, samosa, dhokla constitutes manufacturing activity - But as in the case of “mathia“ and......
February 21, 2013 Case Laws Income Tax

Disallowance of remuneration paid to relatives of the trustees - in the past also such type of payments were made and it was accepted by the department in scrutiny......
February 21, 2013 Case Laws Income Tax

Interest free advance without commercial expediency - Auditors have considered the aforesaid loans as prejudicial to the interest of the assessee-company as no interest.....
February 21, 2013 Case Laws Income Tax

Interest expenses - section 36(1)(iii) - It is immaterial whether the assessee had utilized the money for capital or revenue purpose - HC
February 21, 2013 Case Laws Income Tax

Search and seizure – In the Statement of income of assessee that the income received on were disclosed in the regular return, of income prior to the date of search - No addition - HC
February 21, 2013 Case Laws Income Tax

Jurisdiction u/s 154 – rectification application was made before the revisional authority itself for rectification. Such an application was maintainable and was not......
February 21, 2013 Case Laws Income Tax

Reassessment – the object and purpose of the proceedings under section 147 of the Act is for the benefit of the Revenue and not for the benefit of the assessee - HC
February 21, 2013 Case Laws Income Tax

If section 30 is interpreted as also allowing deduction of the hire charges for the space for the purpose of advertisement, it would amount to supplying casus omissus - HC
February 20, 2013 News Indian Laws

Boost to Manufacturing Needed to Address the Job Creation Challenge : Anand Sharma
February 20, 2013 News Indian Laws

Department of Commerce’s Statement on import of gold jewellery from Thailand
February 20, 2013 Case Laws Central Excise

CENVAT Credit on Capital goods – Acquisition of capital goods was made prior to registration - Credit Allowed - AT
February 20, 2013 Case Laws Central Excise

Refund - wherein duty has been paid under protest and the said protest has not been vacated by a speaking order. In that case, limitation of Section 11B is not applicable - AT
February 20, 2013 Case Laws Service Tax

Whether Cenvat credit can be used towards payment of dues arising as a result of adjudication order – Held yes - there is no requirement that the same requires approval.....
February 20, 2013 Case Laws Income Tax

Validity of revised return - when the assessee was not entitled to sale proceed of land, obviously, tax cannot be levied on such receipt from the sale of land. CIT(A)......
February 20, 2013 Case Laws Income Tax

DTAA – Since contract was for less than six months, it becomes absolutely clear that the assessee did not have a permanent establishment in India as per article 5(3) of the treaty - HC
February 20, 2013 Case Laws Income Tax

Waiver of interest u/s 220(2) – all the three conditions were to some extent satisfied, and the refusal of CCIT to grant reduction in interest is not justified - partial....
February 20, 2013 Case Laws Income Tax

Revenue or Capital Expenditure - Temporary structure by means of false ceiling and office renovation had not resulted in any capital expenditure - HC
February 20, 2013 Case Laws Income Tax

Royalty Income – Finance Act, 2010 has substituted the explanation to section 9 - such income shall be included in the total income of the non-resident, whether or not.....
February 19, 2013 Case Laws Central Excise

Denial of Cenvat credit of Education cess - non-obstante clause in Rule 3(7)(a) of CCR, 2004 is applicable in respect of BED paid u/s 3. - Credit allowed - AT
February 19, 2013 Case Laws Central Excise

As per the provisions of para 6.8 (a) of the Foreign Trade Policy, the DTA clearances of Copper Alloys Coin Blanks and Copper Zinc Nickel Strips can be made upto 90% of.....
February 19, 2013 Case Laws Central Excise

Cenvat Credit - Payment of duty on exempted goods - once the duty on final product has been accepted by the Revenue, in such a case the credit cannot be denied. - AT
February 19, 2013 Case Laws Service Tax

Refund - Notification No. 41/07 - Provisions of Section 83 of Finance Act, 1994 clearly provide that provisions of Section 11BB are made applicable to service tax matters - AT
February 19, 2013 Case Laws Service Tax

Storage and warehousing Service – management of the records such as discharged cheques, vouchers, books of accounts, cannot be considered as storage and warehousing of ‘goods’ - AT
February 19, 2013 News Indian Laws

Government again Appeals to the Bank Employees not to join the Strike on February 20-21, 2013
February 19, 2013 Case Laws Income Tax

Unaccounted cash - Once separate addition is made on account of higher gross profit, the undisclosed payment made by the assessee outside the books of account should be.....
February 19, 2013 Case Laws Income Tax

Technical services - if a standard facility is provided through a usage of machine or technology, it cannot be termed as rendering of technical services. - AT
February 19, 2013 Case Laws Income Tax

Common facility charges being 20% paid to its holding company - mere fact that the allocation of expenses has not been made on the basis of rigid and detailed formula......
February 19, 2013 Case Laws Income Tax

Reduction or waiver of Interest u/s 220(2A) - First application was considered by CIT and rejected - there was no scope for any further application for the very same......
February 19, 2013 Case Laws Income Tax

Addition u/s 41(1) – cessation of liability - expiry of the period of limitation prescribed under the Limitation Act could not extinguish the debt - No addition - HC
February 19, 2013 Case Laws Income Tax

Penalty for concealment – Just because there is a substitution of valuation u/s 50C as the fair value, it cannot be said that there was any concealment of income or......
February 18, 2013 News Indian Laws

First Meeting of India-Uae High Level Task Force on investments held in Abu Dhabi
February 18, 2013 Case Laws Income Tax

MAT - Book Adjustments - ascertained liability - where the computation of the provision for bonus was on the basis of Payment of Bonus Act, 1965, the same is ascertained liability - HC
February 18, 2013 Case Laws Income Tax

Software expenses - revenue v/s capital expenditure - software may be needed like raw material - computer software expenses were revenue in nature - HC
February 18, 2013 Case Laws Income Tax

Power of ITAT to review the order - a statutory authority cannot exercise power of review unless such power is expressly conferred on it. - HC
February 18, 2013 Case Laws Income Tax

Whether the Settlement Commission could reopen its concluded proceedings by invoking Section 154 so as to levy interest u/s 234B - Held No.
February 18, 2013 Case Laws Income Tax

Whether the Settlement Commission could reopen its concluded proceedings by invoking Section 154 so as to levy interest u/s 234B - Held No.
February 18, 2013 Case Laws Income Tax

Enhanced Compensation – Interest on enhanced compensation - Waiver of Interest - assessee was entitled for waiver of interest till the date of receipt of enhanced compensation - HC
February 18, 2013 News Income Tax

Deductions versus Exemptions in Income Tax Act, 1961 - Disallwance u/s 14A versus Deduction u/s 80P
February 18, 2013 Case Laws Companies Law

Alteration in Articles of Association - Even if the petitioners have accepted by participating in elections prior to filing of the writ petition, still, the delay and......
February 17, 2013 Articles Indian Laws

Mere non-payment of duties is not collusion or willful misstatement or suppression of facts - Article
February 17, 2013 Articles Indian Laws

REMEDY AGAINST C.B.E& C CIRCULAR DATED 01.01.2013 - Article
February 16, 2013 Case Laws Service Tax

As the appellant had discharged the Service Tax liability on being pointed out & is not contesting the Service Tax liability and interest thereof the lower authorities......
February 16, 2013 Case Laws Service Tax

Ropeway services - By providing the facility of transportation from Mansa Devi to Chandi Devi and vice versa, assessee did not carry out tour operation. - no service tax liability - HC

123 4 5 6........ 7

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...