Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

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 Taxman overreached by turning limited scrutiny into... TaxTMI Genuine anonymous donations not taxable. Grants not... TaxTMI Property investment source verification not valid... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Freight charges paid to foreign shipping co. not... TaxTMI Massive financial fraud via sham deals to launder... 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 Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Highlights / Annotations / Catch Notes For 2012

Home Highlights Year 2012

Filter:

Showing 2001 to 2050 of 3762 Records

1 ....37 38 39 404142 43 44 45........ 76

July 10, 2012 Case Laws Income Tax

Dis-allowance u/s 40(a)(ia) - there was no lessor and lessee relationship between the holding company and assessee where the provisions of section 194-I are attracted - AT
July 10, 2012 Case Laws Income Tax

"Prima facie" adjustment - Rectification of order passed u/s 143(1)(a) - As disallowance made without giving an opportunity to the assessee, the same is not sustainable. - AT
July 10, 2012 Case Laws Income Tax

Deemed income - the assessee has not written back the liability and Assessing Officer failed to demonstrate that liability has ceased. Unless the liabilities are......
July 10, 2012 Case Laws Income Tax

Profits from the sale of the property - Considering the statement of total income shows that in treating the business income, the A.O. himself has accepted (a) index......
July 10, 2012 Case Laws Income Tax

Treating the income from transfer of the rights enjoyed by the assessee as capital receipt -. In the absence of sale of a particular asset, revenue cannot assume that......
July 10, 2012 Case Laws Income Tax

Applying net profit rate of 10% on the contract receipts - Section 44AD - where the turnover was exceeding the prescribed limit, the CIT(A) was justified in estimated......
July 10, 2012 Case Laws Income Tax

Disallowance of detention charges - the payment is nothing but in the nature of demurrage and simply because it is paid to the custom department, the nature cannot be changed - AT
July 10, 2012 Case Laws FEMA

Constitutional validity of Section 3(1) of Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (‘COFEPOSA’) to the extent it empowers the......
July 10, 2012 Case Laws Service Tax

Referral charges which was the consideration received by appellant from the banks for promoting and marketing their services – Section 65 (105) (zzb) read with Section......
July 10, 2012 Case Laws Service Tax

Taxability - discounts/incentives received by appellant as an advertising agency from the Media - will not be liable for service tax - AT
July 10, 2012 Case Laws Service Tax

Services of repair, renovation, widening of roads and construction of toll sheds, providing electrification of high mast poles at toll sheds etc. – not covered under......
July 10, 2012 Case Laws Central Excise

Period of limitation - rejection of refund claim of Education and Senior Higher Education cess paid on paper and paper board - Rejection of refund claim upheld - AT
July 10, 2012 Case Laws Central Excise

Credit availed without any duty paying documents/on the strength of xerox copies of invoice – applicants directed to deposit the credit of amount availed without any......
July 10, 2012 Case Laws Central Excise

Storage of inputs outside the factory premises - Dis-allowance of Cenvat Credit - for a mere technical breach, the substantial benefit cannot be denied - AT
July 9, 2012 Case Laws Income Tax

Deduction u/s 80IB - Unit-2 & Unit-3 - The same product or same location, common procurement, manufacturing and common employees cannot be the basis to hold that the......
July 9, 2012 Case Laws Income Tax

Addition on account of non production of bills and non appearance of suppliers u/s 133(6) - un-served notice with the remarks “party left” means that earlier this party was there - AT
July 9, 2012 Case Laws Income Tax

Method of accounting - accounting standards reflecting the views of a professional body, viz., the ICAI are entitled to the highest respect and have to be followed and applied. - AT
July 9, 2012 Case Laws Income Tax

TDS u/s 194C - supply of plant and machinery of windmill, for civil/electrical works and erection and commission of windmill, is a composite work contract - No TDS - AT
July 9, 2012 Case Laws Income Tax

Applicability of provisions of sec. 40A(3) - cash payments exceeding Rs.20,000 - hardship or inconvenience - payments made by bearer cheques which had to be encashed in.....
July 9, 2012 Case Laws Customs

Non inclusion of cost of bagging charges in the Bills of Entry - bagging has been done before out of charge in the Customs area - decided in favour of assessee - AT
July 9, 2012 Case Laws Customs

Import of Zircon - Whether Zircon is “Ore“ - Zircon Ore and Concentrate - Permission to clear goods in question without payment of CVD - permission granted - HC
July 9, 2012 Case Laws Service Tax

When the situation is revenue neutral and the appellant manufacturer is entitled to CENVAT Credit, it cannot be said that there was an intention to evade duty and......
July 9, 2012 Case Laws Service Tax

Refund of the service tax, - Notification No 41/2007 - Grant of refund of duty or any other sum due to an assessee should not be denied for mere technical or procedural.....
July 9, 2012 Case Laws Service Tax

Valuation under service tax - inclusion of TDS (withholding tax) where burden born by the recipient (payer) in the gross value - Amount of TDS is required to be......
July 9, 2012 Case Laws Central Excise

SSI Exemption - Notification No.8/2002 - Since, respondent is a manufacturing unit owned and controlled by the State Government, hence respondent is squarely covered......
July 7, 2012 Circulars FEMA

Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR. - Circular
July 7, 2012 Circulars Companies Law

Filing of Balance Sheet and Profit and Loss Account in Extensible Business Reporting Language (XBRL) Mode for financial year commencing on or after 1.4.2011. - Circular
July 7, 2012 Circulars DGFT

Export of additional 4,476 MTs of raw sugar to USA under Tariff Rate Quota. - Public Notice
July 7, 2012 Circulars DGFT

Introduction of electronic Bank Realization Certificate (e-BRC) system. - Public Notice
July 7, 2012 Case Laws Income Tax

TDS - Merely because the assessee mentioned section 194J in the TDS return by itself is not sufficient to put the assessee in default for short deduction and late......
July 7, 2012 Case Laws Income Tax

Admissibility of claim of deduction not made in the original return and not supported by a revised return - deduction u/s 43B - The appellate authorities have the......
July 7, 2012 Case Laws Income Tax

Purchase and sale of shares - there is no bar for an assessee to maintain two separate portfolios, one relating to investment in shares and another relating to business.....
July 7, 2012 Case Laws Income Tax

Assessee's entitlement for amortization u/s 35-D - expenses related to the 'Euro issue' - the word "expansion" in relation to industrial activity gives the meaning as......
July 7, 2012 Case Laws Income Tax

Re-computation of income tax liability - to adopt the maximum marginal rate of 40% applicable under Section 164(1) - the maximum marginal rate could not be applied to......
July 7, 2012 Case Laws Income Tax

Once under the special provision of section 44AD exemption from maintenance of books of accounts have been provided and the presumptive tax at 8% of the gross receipts......
July 7, 2012 Case Laws Income Tax

Addition made in the book profit u/s 115JB - claim of interest capitalized in earlier years written off during the current year - creation of provision for employee benefits - AT
July 7, 2012 Case Laws Income Tax

Income recognition - income accrued - assessee received consultancy fees from UG Hospitals Pvt. Ltd.for the term of five years - assessee’s reliance of AS-9 issued by......
July 7, 2012 Case Laws Income Tax

Justification of power of CIT(A) in restoring the matter back to the file of AO - Even if the appeal had been filed after amendment to section 251(1)(a) the order as......
July 7, 2012 Case Laws FEMA

FERA – penalty - payments made for being remitted outside India with a view to acquire US$ 25000/- by such appellant would not be in violation of Section 9(1)(f)(i) of the FERA - HC
July 7, 2012 Case Laws Customs

Penalty on directors of company – In the absence of any duty liability on the main Company, the provisions of Section 112 and 117 for imposition of penalties on the......
July 7, 2012 Case Laws Service Tax

Export of goods - refund of cenvat credit on the ground that the appellant is not eligible for the refund of service tax paid on input services i.e. on Terminal Handling Charges - AT
July 7, 2012 Case Laws Service Tax

Penalty under Section 76 and 78 simultaneously -show cause notice is issued to the appellant on 18.6.2008 and whereas the amendment to Section 78 was carried out on......
July 7, 2012 Case Laws Service Tax

Re-credit of Cenvat credit – service tax paid by utilising the Cenvat credit accumulated which was not allowed - appellants are allowed to re-credit the amount in their.....
July 7, 2012 Case Laws Service Tax

Refund claim - appellant, a 100% EOU - refund claim of service tax paid by them, as per the provisions of Notification No. 41/2007-ST - Appeal by revenue against order......
July 7, 2012 Case Laws Central Excise

Once the duty on final products has been accepted by the department, CENVAT credit availed need not be reversed even if the activity does not amount to manufacture. - HC
July 6, 2012 Circulars Service Tax

Accounting Code for payment of service tax under the Negative List approach to taxation of services, with effect from the first day of July 2012 - regarding. - Circular
July 6, 2012 Circulars Service Tax

Clarification on Point of Taxation Rules - regarding. - Circular
July 6, 2012 Case Laws Income Tax

Regarding disallowance of Security Transaction Tax - The assessee is only a broker who has collected STT on behalf of the stock exchanges and has paid the same to the......
July 6, 2012 Case Laws Income Tax

Transactions in shares - in case of brokers loss arising on account of purchase and sale of shares under forced circumstances and under compulsion will not be covered by....
July 6, 2012 Case Laws Income Tax

Exemption u/s 11 - amount of unrecoverable fee, treated as bad debts, is also allowable to the appellant trust while computing its surplus and application of its income.....

1 ....37 38 39 404142 43 44 45........ 76

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: Time limit to upload Form GST MOV-09 on GST portal

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

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...

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

↑Top