Hyundai Motor India Limited Vs Deputy Commissioner of Income Tax LTU- II (ITAT Chennai) -
The first question that we need to decide is whether the benefit accruing to the HMC Korea, as a result of increased brand value due to sale of Hyundai cars in India by the assessee company, constitutes an international transaction....
1. The Council of the ICSI in its 236th meeting held on 29- 30th March, 2016 had revised various membership fee w.e.f. 1st April, 2017 as under-...
No. CWC/FD-EPF-Regulation/Amendment/16-17 -
(1) These regulations may be called the Central Warehousing Corporation Employees’ Provident Fund Amendment Regulations, 2017. (2) They shall come into force on the date of their publication in the Official Gazette....
S.O. 1512(E) -
An individual eligible for receiving the benefits under the Scheme of Atal Pension Yojana (APY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication....
Sai International Vs Shri S.S Garg (CESTAT Bangalore) -
Issue of imposition of redemption fine and penalty has been settled and now various Benches of the Tribunal have consistently held that the redemption fine of 10% of the value of the goods and penalty of 5% of the value of the goods is sufficient punishment to the importer. Therefore, following the ratios of various […]...
Council of the Institute of Chartered Accountants of India Vs Shri D.K.Agrawal (Allahabad High Court) -
This Reference, under Section 21 (5) of Chartered Accountants Act, 1949 (hereinafter referred to as “Act, 1949”), has been received in this Court, sent by Council of Institute of Chartered Accountants of India (hereinafter referred to as “ICAI”) in the matter of D.K.Agrawal, FCA of M/s Dinesh K. Agrawal & Co., Chartered Accountant...
CCE Vs. Minda Industries Ltd. (CESTAT Mumbai) -
The fact of the case is that the respondent had cleared their finished goods to their customer by valuing the goods on the basis of purchase order placed by them by their customers. However, consequent upon price escalation, their customers amended the purchase order and revised the price of the goods on the higher side with retrospective...
Director of Income Tax Vs Vishwa Hindu Parishad (Delhi High Court) -
The division bench of the Delhi High Court confirmed the Income Tax exemption granted to the Viswa Hindu Parishad (VHP) for the period in which they were banned by the government under UAP Act....
Press Release : 2016-2017/3056 -
Introduction of GST would have economy-wide ramifications in terms of growth, inflation, government finances and external competitiveness over the medium-term....
Notification No. 20/2017-Customs (ADD) -
Seeks to impose definitive anti-dumping duty on imports of Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Aluminium Radiator Core, originating in, or exported from, China PR ...