Author: administrator

Assessment finality on search date reached if time for issuing notice us 143(2) had expired. Additions can be made only if incriminating material found-ITAT

Assessment finality on search date reached if time for issuing notice us 143(2) had expired.  In such cases additions can be made only if incriminating material found-ITAT ABCAUS Case Law Citation: ABCAUS 1102 (2017) (01) ITAT Assessment Year : 2008-09 Important Case Laws Cited: National Thermal Power Co …

Service Tax Mega Exemption-online information database services and goods transportation by service provider located in non-taxable territory withdrawn

Service Tax Mega Exemption-online information database services and transportation of goods by service provider located in non-taxable territory withdrawn Seeks to amend notification No. 25/2012-ST dated 20.06.2012 so as to (i) withdraw the exemption from service tax for services provided or agreed to be provided by a person …

Law Commission denies hiring of Law Firms

Law Commission denies hiring of Law Firms. Certain newspapers/e-magazines suggested that Commission is hiring law firms to pursue the work assigned to it Ministry of Law & Justice Press Release Dated: 12th January, 2017 Law Commission denies hiring of Law Firms The Law Commission of India has noted …

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to verify sale rates -ITAT

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to verify sale rates -ITAT ABCAUS Case Law Citation: ABCAUS 1101 (2017) (01) ITAT Assessment Year : 2011-12 Important Case Laws Cited: Shri Manpreet Singh Dhillon Vs ITO Shri …