Home Highlights November 2011 Year 2011 This

You may also like:

1. Input Tax Credit (ITC) - Condition of actual payment within stipulated time period - Section 16(4) of CGST Act, 2017 - net off of receivables of one GSTIN by another...

2. Procedure for e-commerce exports through Post and clarification regarding personal imports

3. This trade notice clarifies the procedure for import/re-import of "Exhibits and Samples" for demo, display, exhibition, and participation in fairs or events in India or...

4. Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation - Circular

5. External Commercial Borrowings (ECB) – Rationalisation and Liberalisation - Cir. No. 27 Dated: September 23, 2011

6. External Commercial Borrowings (ECB) for the Infrastructure Sector– Liberalisation - Cir. No. 25 Dated: September 23, 2011

7. Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation . - Cir. No. 40 Dated: November 1, 2011

8. The assessee failed to claim the Minimum Alternate Tax (MAT) credit in the original income tax return and did not file a revised return. The Assessing Officer (AO) did...

9. Disallowance of set off of Loss - sale of equity shares (STT) - short-term capital gains (STCG) on sale of derivatives and short-term capital loss (STCL) - The Tribunal...

10. Set-off of current year losses against the addition made u/s 68 - going through sub-Section (2) of Section 115BBE of the Act, the words “set off of any loss” appearing...

11. Mode and manner of set off of loss - loss from one head set off against other head of income - business loss should be first set off against income from house property...

12. Set off of loss brought forward losses - conditions of 51% shareholding - the assessee is not seeking carry forward of losses to be set off but the assessee is seeking...

13. Set off of losses with the surrendered income - the restriction shall apply to assessment year 2017-18 onwards. Accordingly, for the year under consideration, there is...

14. Set off of loss incurred on sale of polished diamond goods against deemed income assessed u/s. 69A - set off against the income declared during the course of search -...

15. Release of Foreign Exchange for Imports – Further Liberalisation. - Cir. No. 82 Dated: February 21, 2012