Author: administrator

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

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

August 31, 2016 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. Ministry of Finance Press Release 31-August, 2016 Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules, 1962 under alternative procedure of FATCA The …
Service Tax-Transport of passengers in Regional Connectivity Scheme Airport with without accompanied belongings embarking -Notification N. 38/2016

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

August 30, 2016 Service Tax
Service Tax-Transport of passengers in Regional Connectivity Scheme Airport  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 38/2016-Service Tax New Delhi, the 30th August, 2016 G.S.R. —(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of …
e-mail ID and telephone number in income tax notices-letters-communications issued to taxpayers – CBDT asks for strict compliance

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

August 30, 2016 Income Tax
e-mail ID and telephone number in income tax notices-letters-communications issued to taxpayers – CBDT asks for strict compliance. F. No. 225/214/2016/ITA.II        . Government of India Ministry of Finance Department of Revenue (CBDT) North-Block, New Delhi, the 30th of August, 2016 To All Pr. Chief Commissioners of Income-tax/ Pr.CCIT …
India-Mauritius-DTAA and fiscal evasion convention amendment for prevention of fiscal evasion of tax and encouragement of mutual trade and investment.

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

August 29, 2016 Income Tax
India-Mauritius-DTAA and fiscal evasion convention amendment for prevention of fiscal evasion of tax and encouragement of mutual trade and investment. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 29th August, 2016. Subject: Notification of Protocol for amendment of …
Excise duty refund for trade-turnover discounts not allowable unless duty passed on to the ultimate consumer – Supreme Court

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

August 29, 2016 Excise, Judgments, Supreme Court
Excise duty refund for trade-turnover discounts not allowable unless duty passed on to the ultimate consumer  else it would result in unjust enrichment – Supreme Court ABCAUS Case Law Citation: 1004 2016 (08) SC Important Judgments cited: Mafatlal Industries Ltd. and Others Vs. Union of India And Ors., (1997) …
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

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

August 28, 2016 Income Tax, ITAT, Judgments
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 – ITAT ABCAUS Case Law Citation: 1002 2016 (08) ITAT Assessment Year: 2010-11 Date/Month of Judgment: July 2016 Brief Facts of the …