• Income Tax

Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules 1962 under alternative procedure of FATCA where self certifications not obtained

9 years ago

Closure of financial accounts under Rule 114H(8) of the Income-Tax Rules, 1962 under alternative procedure of FATCA where self certifications…

  • RBI

Sovereign Gold Bonds Fifth Tranche 2016-17 Series II subscription open from 01-09-2016 to 09-09-2016

9 years ago

Sovereign Gold Bonds Fifth Tranche 2016-17 Series-II Sovereign Gold Bonds Scheme, 2016-17 Series II As per RBI the Sovereign Gold…

  • Service Tax

Service Tax-Transport of passengers in Regional Connectivity Scheme Airport with without accompanied belongings embarking -Notification N. 38/2016

9 years ago

Service Tax-Transport of passengers in Regional Connectivity Scheme Airport  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No.…

  • Judgments

Agreement in restraint of trade void u/s 27 Indian Contract Act 1872. A non-compete clause in the guise of confidentiality clause can not be enforced-Delhi HC

9 years ago

Agreement in restraint of trade void u/s 27 Indian Contract Act 1872. A non-compete clause in the guise of confidentiality…

  • Income Tax

e-mail ID and telephone number in income tax notices-letters-communications issued to taxpayers – CBDT asks for strict compliance

9 years ago

e-mail ID and telephone number in income tax notices-letters-communications issued to taxpayers - CBDT asks for strict compliance. F. No.…

  • Income Tax

India-Mauritius-DTAA and fiscal evasion convention amendment for prevention of fiscal evasion of tax and encouragement of mutual trade and investment.

9 years ago

India-Mauritius-DTAA and fiscal evasion convention amendment for prevention of fiscal evasion of tax and encouragement of mutual trade and investment.…

  • Excise

Excise duty refund for trade-turnover discounts not allowable unless duty passed on to the ultimate consumer – Supreme Court

9 years ago

Excise duty refund for trade-turnover discounts not allowable unless duty passed on to the ultimate consumer  else it would result in…

  • Income Tax

Form 26AS amounts not income if not credited in books of accounts of the assesssee. Mere issue of TDS certificate does not establish any income-ITAT

9 years ago

Form 26AS amounts not income if not credited in books of accounts of the assesssee. It is a well settled…

  • Income Tax

Higher GP rate adoption for mere fall in rate from preceding year. It cannot be a sole reason for choosing higher rate as per Assessing Officers convenience

9 years ago

Higher GP rate adoption for mere fall in rate from preceding year. It cannot be a sole reason for choosing…

  • Income Tax

AO statutorily required to compute capital gain us 48 not 50C. Deduction us 54EC to be also not on deemed cost of consideration u/s 50C basis-ITAT

9 years ago

AO statutorily required to compute capital gain us 48 not 50C. Deduction us 54EC also allowable on capital gain computed…