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 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 Importer imports "Ground Colemanite (B2O3 40%)... 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 July of 2012

Home Highlights July July 2012 Year 2012

Filter:

Showing 1 to 50 of 411 Records

12 3 4 5........ 9

July 31, 2012 News Indian Laws

Order under Section 119 of the Income Tax Act, 1961.
July 31, 2012 Case Laws Central Excise

Interest on delayed refund – payable on the expiring of period of three months from the date of receipt of application under Section 11B(1) and not from the date of......
July 31, 2012 Case Laws Central Excise

Refund claim - Their claim is hit by the bar of unjust enrichment under Section 11B of the Act as the uniformity of the price before and after assessment does not lead......
July 31, 2012 Case Laws Service Tax

Cenvat Credit on courier service connected with export - Once the sample copy of the evidence submitted on record, does not rule out genuineness of claim of the......
July 31, 2012 Case Laws Customs

Condonation of delay - Just because the Tribunal is vested with the discretion to condone the delay, exercise of such discretion is not meant to grant premium to the......
July 31, 2012 Case Laws Income Tax

The circular issued by CBDT No. 789 dated 13th April draws a distinction between “liability to pay tax” and “actual or de facto payment of tax”. - HC
July 31, 2012 Case Laws Income Tax

Royalty payment as 3% of the net ex-factory sale by the licensee/assessee - the expenditure has to be treated revenue in nature - HC
July 31, 2012 Case Laws Income Tax

Application of income outside India - Charitable activity - there is no bar in applying for charitable purpose outside India, if there is an approval from CBDT which is....
July 31, 2012 Case Laws Income Tax

Corporate membership fees - revenue in nature or capital? - no reason why the renewal membership fees should not be allowed as revenue expenditure - HC
July 31, 2012 Case Laws Income Tax

Non deduction of tax at source - remittances to a non-resident company - SEL, NRI company nowhere is involved in the above identification of the exporter or in......
July 31, 2012 Case Laws Income Tax

Treatment of sales tax subsidy - CIT(A) treated it as revenue receipts - , it would be in the nature of capital receipt not liable to tax - AT
July 31, 2012 Case Laws Income Tax

Disallowance u/s section 36(1)(ii) - payment in lieu of dividend - amount of commission and bonus paid to the Managing Director was an allowable business expenditure - AT
July 31, 2012 Case Laws VAT and Sales Tax

Verification of ‘C’ & ‘F’ Forms produced during the appellate proceedings - enquiry had to be done by the VATO which was rightly directed by the Tribunal. - HC
July 30, 2012 Case Laws Central Excise

Whether the Treated Tamarind Kernel Powder produced by the assessees is excisable – prima facie the processes constitute a manufacturing process - AT
July 30, 2012 Case Laws Service Tax

Eligibility for Notification No.12/2003-ST - value of spare parts form a part of contract for maintenance and repair and exemption under the Notification No.12/2003-ST is available - AT
July 30, 2012 Case Laws Service Tax

Availing double benefit - benefit of Notification 01/2006 ST and also availing CENVAT credit - The assessee on the mistake coming to their notice promptly paid the......
July 30, 2012 Case Laws Service Tax

Demand of service tax - Society of ex-servicemen - service of Security Agency - definition of Security Agency was changed w.e.f. 18.4.2006 referring "any person" - AT
July 30, 2012 Case Laws Customs

Penalty - Confiscation of the goods – Merely because the appellant had claimed a wrong classification, it cannot be held that the appellant has mis-declared the goods - AT
July 30, 2012 Case Laws Income Tax

Deduction u/s 32AB while computing the eligible profits and gains for the purpose of working out the deduction u/s 80HH and 80I - HC
July 30, 2012 Case Laws Income Tax

Attachment of the Savings Bank Accounts – bank account of the minors were also attached - no merit in the writ petition - HC
July 30, 2012 Case Laws Income Tax

Determination of assessee's Residential status - taking up own business by the assessee abroad satisfies the condition of going abroad for the purpose of employment......
July 30, 2012 Case Laws Income Tax

Admissibility of TDS on tip to the employees - as the assessee acted in a bona fide manner therefore no penalty can be imposed on the assessee u/s 221 - HC
July 30, 2012 Case Laws Income Tax

Revenue recognition - AS7 vs. AS9 - in a situation when a contractor is also working as a developer, then the basis for recognition of Revenue should be relied on AS 9. - AT
July 30, 2012 Case Laws Income Tax

Deemed dividend - the loan obtained in the “N” Trust had 20% share holding from a company in which “N” Trust had 10% share holding, could not be taxed as deemed......
July 30, 2012 Case Laws Income Tax

Addition on account of household withdrawal – assumptions and presumptions - The presumption made by the AO and estimation made was very much realistic - AT
July 30, 2012 Case Laws Income Tax

Re-assessment order u/s. 143(3)/147 - reassessment proceedings are invalid, as the time of issuance of notice u/s. 143(2) had not expired- AT
July 30, 2012 Case Laws Income Tax

TDS u/s 194A - interest on enhanced compensation cannot be taxed all in a lump sum as having accrued on the date on which the Court passes order for enhanced......
July 28, 2012 Case Laws Service Tax

Sharing of manpower - Demand of Service tax as man-power recruitment or supply agency service - strong case for waiver of pre-deposit of the dues - AT
July 28, 2012 Notifications Income Tax

Agreement for Avoidance of double taxation and prevention of fiscal evasion with foreign countries - Lithuania. - Notification
July 28, 2012 Circulars Service Tax

Draft Circular on leviability of service tax on staff benefits and employment related transactions- reg . - Circular
July 28, 2012 News Indian Laws

Circular No.158/9/2012-ST dated 8th May 2012 stayed by Chief Justice of Delhi High Court
July 28, 2012 Articles Indian Laws

E-FILING OF INCOME TAX RETURNS. - Article
July 28, 2012 Case Laws Central Excise

Denial of Cenvat credit - The exemption under Notification No. 8/2005 ST being a conditional exemption subject to fulfillment of obligation by the raw material supplier,....
July 28, 2012 Circulars Companies Law

Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed. - Circular
July 28, 2012 Case Laws Service Tax

Works Contract Service - Turnkey Contract - Interim stay granted by the High Court. - Earlier tribunal has decided the issue against the assessee holding that the same......
July 28, 2012 Case Laws Customs

Import of old and used machinery - adjudicating authority has followed the valuation method prescribed by Board for arriving at reasonable price - adjudication order is upheld - AT
July 28, 2012 Case Laws Income Tax

Recovery of the tax dues of the petitioner's wife - attachment of flat - attachment of the flat would remain in force till the date of payment of the arrears - HC
July 28, 2012 Case Laws Income Tax

Grant reliefs as per the BIFR’s order - direction given by the BIFR is binding on the Assessing Officer - merit in the submission of the learned counsel for the assessee....
July 28, 2012 Case Laws Income Tax

Receipt of “on money” - Addition in income - it is an advance and therefore it cannot be taxed in the year under appeal - AT
July 28, 2012 Case Laws Income Tax

Charitable purpose u/s 2(15) - Jammu Development Authority - any institution carrying on of any activity in the nature of trade, commerce or business etc. shall not be.....
July 28, 2012 Case Laws Income Tax

Notice u/s 158BD - non-mentioning of the block period in the notice - curable defect - recording of satisfaction - Decided against the assessee. - HC
July 28, 2012 Case Laws Income Tax

Validity of circular dated 11.9.2002 issued by the Central Board of Direct Taxes in purported exercise of powers under section 119 of the Income Tax Act,1961 - TDS u/s......
July 28, 2012 Case Laws Income Tax

Levy of interest u/s 234C - When advance tax paid is refunded and also interest paid under section 234B, there is no logic in making the assessee liable for interest......
July 28, 2012 Case Laws Income Tax

Deduction / exemption u/s 54 or 54F - recognition of partition of HUF - conditions regarding transfer of capital asset by an Individual or a HUF - AT
July 27, 2012 Notifications Income Tax

DTAA - Agreement for Avoidance of Double Taxation and Prevention of fiscal evasion with foreign countries - Estonia - Notification
July 27, 2012 Notifications VAT and Sales Tax

Method of payment of tax, interest or penalty. - Notification
July 27, 2012 News Indian Laws

Verification Certificate - Certificate under provisions of rule 114(4) of Income Tax Rules, 1962
July 27, 2012 Notifications SEZ

SEZ notified at Kalapatty Village, Coimbatore District in the State of Tamil Nadu - Notification
July 27, 2012 Notifications DGFT

Amendment in FTP (RE-2012)(2009-2014) - Notification
July 27, 2012 Circulars DGFT

Agencies authorized to issue Certificate of Origin - (Non Preferential)Addition in Appendix 4C-regarding. - Public Notice

12 3 4 5........ 9

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...