• Income Tax

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

10 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

10 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

10 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

10 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

10 years ago

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

  • Income Tax

Additions u/s 28(iv) not apply to benefits received in cash-money. ITAT quashed additions made alleging customers advances opening balances as bogus

10 years ago

Additions u/s 28(iv) not apply to benefits received in cash-money. ITAT quashed additions made by Assessing Officer alleging opening balances…

  • EPFO

Delinking of wrongly linked UANs. All such requests for delinking should be recommended by the concerned field office-EPFO Circular

10 years ago

Delinking of wrongly linked UANs - EPFO  Employees' Provident Fund Organisation Ministry of Labour & Employment, Govt. Of India Bhavishya…

  • Supreme Court

Allahabad High Court local advocate engagement Rules 3 3A not unconstitutional nor ultra vires Section 30 of the Advocates Act 1961

10 years ago

Allahabad High Court local advocate engagement Rules 3 3A not unconstitutional but valid. They are not ultra vires Section 30…

  • Income Tax

Streamlining process of NOC Port Clearance Certificate voyage return-assessment of Foreign Shipping Companies (FSCs) – CBDT Circular 30/2016

10 years ago

Streamlining process of NOC Port Clearance Certificate voyage return and assessment of Foreign Shipping Companies  Circular No. 30/2016 F. No:…

  • Custom

Revised guidelines for disposal of custom confiscated goods through Army Canteens/CSD, NCCF/Kendriya Bhandar etc. and discount

10 years ago

Revised guidelines for disposal of custom confiscated goods through Army Canteens/CSD, NCCF/Kendriya Bhandar etc. and discount Circular No. 39/2016-Customs F.No.711/01/2006-Cus(AS)/Pt.…