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 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 Customs duty dispute: Imported goods classified as... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Bank penalized for delayed reporting of high-value... 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 Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For September of 2012

Home Highlights September September 2012 Year 2012

Filter:

Showing 201 to 250 of 587 Records

1 2 3 456 7 8 9........ 12

September 19, 2012 Case Laws Income Tax

Tax free bonds - benefit u/s 10 (15) (iv) - The expression “in respect of,” unlike the term “on,” has a wider connotation and would embrace a larger subject matter. On.....
September 19, 2012 Case Laws Income Tax

The Parliament has not only used two different terms namely “securities” and “units” in Section 94(7)(b)(i) and 94(7)(b)(ii) but has dealt with them separately providing....
September 19, 2012 Case Laws Income Tax

Proceeding for non-deduction of TDS u/s 201 - The assessee cannot escape from liability of taxation by challenging the provisions of Act in different forums. - AT
September 19, 2012 Case Laws Income Tax

Capital Gain on sale of trees - the legal position with regard to the taxability of the old Grevelia trees cannot be changed in the year under consideration, merely......
September 19, 2012 Case Laws Income Tax

Addition u/s 68 - The opening cash balance cannot be said to be any sum found credited in the books of the assessee maintained for the previous year. - AT
September 19, 2012 Case Laws Customs

Refund – unjust enrichment – Merely because the interest amount was not shown as recoverable amount from the customers, clause of unjust enrichment cannot be attracted - AT
September 19, 2012 Case Laws Central Excise

Provisional assessment in terms of Rule 7 of Central Excise Rules - considering genuine difficulties in ascertaining the normal transaction value for goods, provisional.....
September 19, 2012 Case Laws Central Excise

Cenvat credit on paints, varnish, Thinner, Rivtex – in the course of manufacturing of final product - credit allowed - AT
September 19, 2012 Case Laws Central Excise

SSI Exemption - Supply of OEM - manufacturing of parts and accessories of motor vehicles and tractors including trailers - decided partly in favor of assessee - HC
September 19, 2012 Notifications Customs

Amends Notification No. 52/2003- Customs - Exemption to specified goods imported on procured by EOU's, STP Units, EHTP units etc. for specified purposes. - Notification
September 19, 2012 Case Laws Central Excise

Benefit of Notification No. 67/95-C.E. - capital goods - The burden to prove that the impugned items fall under the scope of exemption notification is squarely on the assessee - AT
September 19, 2012 Notifications Customs

Seeks to amend Notification 12/2012-Customs - Prescribes effective rate of duty on import of goods. - Notification
September 19, 2012 Notifications Income Tax

DOUBLE TAXATION AGREEMENT - AGREEMENT FOR EXCHANGE OF INFORMATION AND ASSISTANCE IN COLLECTION WITH RESPECT TO TAXES WITH FOREIGN COUNTRIES - LIBERIA. - Notification
September 18, 2012 Notifications Customs

Amends Notification No. 12/2012-Customs,dt.17.03.2012 related to exemption to maize bran from basic custom duty
September 18, 2012 News Indian Laws

IT : Notified Cost Inflation Index for Financial Year 2012-13.
September 18, 2012 Case Laws Income Tax

Joint development agreement - Assessment of capital gain for Asst. Year 2007-08 - transfer of property - held as transfer - liable to capital gain - AT
September 18, 2012 Case Laws Income Tax

Addition u/s 43B - Conversion of interest payable in equity shares - As liability can be discharged in a number of ways, it does emphasize the fundamental principle that....
September 18, 2012 Case Laws Income Tax

Concealment of income - survey u/s 133A - assessee contested as error in exercise of jurisdiction by the Asstt. Commissioner of Income Tax, Circle-IV (1) Agra as the......
September 18, 2012 Case Laws Income Tax

As the transaction of lease and sub lease was proved to be bogus no question of allowance of depreciation arises here - HC
September 18, 2012 Case Laws Income Tax

Gift from NRIs - Department queried about financial capacity of the donors to make the gift(s) - HMay be the money came by way of bank cheques and was paid through the......
September 18, 2012 Case Laws Income Tax

The assessee, who has already got deduction under Section 37 to re-work and claim the benefit under Section 35AB on the basis of amortization of capital expenditure- SC
September 18, 2012 Case Laws Income Tax

Deduction u/s 80IA - That raw material or input gets converted into a texturised yarn by reason of the thermo mechanical process held as amount to manufacture. - SC
September 18, 2012 Case Laws Income Tax

The interest paid has to be allowed as deduction u/s 36(1)(iii) as in existence during the assessment year 1999-2000 as a transaction of borrowing is not the same as a......
September 18, 2012 Case Laws Income Tax

Indra Vikas Patra – As IVPs assessed in the hands of company then how these IVPs can assess in the hands of assessee. - And there was nothing wrong to keep IVPs which......
September 18, 2012 Case Laws Income Tax

Can genuine business expenditure disallow merely because of wrong nomenclature - As the recipient confirmed the receipt, on which TDS deducted & shown as income in his......
September 18, 2012 Case Laws Income Tax

Provisions for bad and doubtful debt though statutorily required under the RBI guidelines do not qualify for deduction as business expenditure - AT
September 18, 2012 Case Laws Income Tax

Assessee’s society is covered by the doctrine of mutuality and this amount was not taxable - income received from the members is exempt and the income received from......
September 18, 2012 Case Laws Income Tax

Disallowance of expense on account of late deposit of TDS u/s 40(a)(ia) – amendment to the provisions of Sec.40(a)(ia) of the Act, by the Finance Act, 2010 is......
September 18, 2012 Case Laws Income Tax

Legal and professional charges - capital or revenue in nature – Fee paid to advocates for SLP filed before the Supreme Court - held as revenue in nature - AT
September 18, 2012 Case Laws Income Tax

Disallowance u/s 14A r/w Rule 8D - provisions of Rule 8D shall apply with effect from assessment year 2008-09 onwards. The Order of CIT (A) & AO is perverse - AT
September 18, 2012 Case Laws Income Tax

Condonation of delay of 290/287 days in filing appeals - Assessing Officer, meanwhile, got seriously preoccupied in the work - delay condoned being explained - HC
September 18, 2012 Case Laws Indian Laws

Motor Vehicles Tax Act, 1974 - purchase of trucks which were earlier seized by the customs authorities and against with demand of duty is pending - Plaintiffs ought to......
September 18, 2012 Notifications Income Tax

Income-tax (Eleventh Amendment) Rules, 2012 - Insertion of rules 31ACB, 37J, Form Nos. 26A & 27BA. - Notification
September 18, 2012 Case Laws Customs

Provisional release of the goods - import of silk yarn - directed to release the goods in question on the petitioner paying the customs duty equivalent to 75% of the......
September 18, 2012 Case Laws Customs

Import of goods – rejection of transaction value – no reference to any contemporaneous goods - no justifiable reasons to reject the transaction value and to enhance the.....
September 18, 2012 Circulars Income Tax

Section 144C of the Income-tax Act, 1961 - Dispute resolution Panel-Reference to - Reconstitution of DRP at specified areas of jurisdiction. - Order-Instruction
September 18, 2012 Circulars Income Tax

Instructions regarding Income limits for assigning cases to Deputy Commissioners/Assistant Commissioners/ITOs - Order-Instruction
September 18, 2012 Case Laws Customs

Import - prohibited goods - Goods were old and used cut pieces, and cuttings etc. of various articles of iron and steel - the same were in fact melting steel scrap -......
September 18, 2012 Case Laws Service Tax

Service Tax on commission - status - Commission agent versus dealer - from the perusal of facts, circumstances and agreement, assessee has been held as commission agent - AT
September 18, 2012 Case Laws Service Tax

Service tax on reverse charge basis on legal services received prior to 7.9.2009. - not leviable - AT
September 18, 2012 Case Laws Central Excise

Cenvat credit of courier services -patching the final products to their customers and it is on F.O.R. basis. - credit to be allowed if found in order - AT
September 18, 2012 Case Laws Central Excise

Provisions of Rule 96ZO of Central excise Rules, permitting the minimum penalty for delay in payment without any discretion and without having regard to extent and......
September 18, 2012 Case Laws Central Excise

Warehousing of Petroleum products under central excise - storage loss beyond - limit of 0.5% - No set off of a gain or loss in a tank is permitted against the loss or......
September 18, 2012 Case Laws Central Excise

Valuation of demo bike under central excise - Assessees have not been able to demonstrate any difference between the ‘demo bikes’ and the ‘normal bikes’ sold to dealers.....
September 18, 2012 Case Laws Central Excise

Demand of excess paid drawback – recovery of duty drawback after revision in rate can be initiated u/s 11A read with Rule 16 of duty drawback rules, 1998 - CGOVT
September 18, 2012 Circulars FEMA

Establishment of Liaison Office (LO) / Branch Office (BO) / Project Office (PO) in India by Foreign Entities – Clarification. - Circular
September 18, 2012 Circulars DGFT

Allocation of quantity of Rough Marble and Travertine Blocks for import for Financial Year 2012-13. - Trade Notice
September 17, 2012 Circulars Central Excise

Cenvat credit of basic excise duty for payment of NCCD. - Circular
September 17, 2012 Notifications Customs

Making E-payment of Customs duty mandatory. - Notification
September 17, 2012 Notifications Customs

Amends Notification No. 62/1994-Custom (N. T.) - Customs ports - Appointment for specified purposes. - Notification

1 2 3 456 7 8 9........ 12

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...