- Sunday, January 10, 2010, 13:04
- Income Tax Case Laws
- 0 views
The consequence of non-production of certified copy will naturally lead to disallowance of claims of deduction toward? payment of interest, remuneration, bonus etc. paid to partner by the firm by virtue of Section 185 of the Act We, therefore, hold that the production of certified copy of instrument of partnership is mandatory for claiming assessment in the status of a - firm for any -assessment year commencing from 1993-94 onwards irrespective of whether such assesses w..
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- Thursday, December 31, 2009, 2:30
- Income Tax
- 5 views
The government has decided to shelve the introduction of the unique transaction number, which tax payers need to quote along with permanent account number when tax is deducted/collected at source.The scheme was to have come into force from the new year. However, the finance ministry has not ruled out the possibility of introducing a new identity number like UTN from the next fiscal, in addition to the permanent account number to ensure prompt verification and granting of..
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- Tuesday, December 22, 2009, 8:52
- Service Tax
- 33 views
Customs House Agent’s (CHA) Services are taxable since 15th June 1997. As per the definition (section 65 (105) (h) of the Finance Act, 1994) the ‘taxable service’ means any service provided or to be provided to any person, by a custom house agent in relation to the entry or departure of conveyance or the import or the export of goods and the term ‘service provider’ shall be construed accordingly.
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- Sunday, December 20, 2009, 5:56
- Service Tax
- 2 views
5. I have considered the submissions made by both the sides. First of all it is required to be examined whether the service is covered by the definition or not? To appreciate the facts better, the annexure to the contract which is relevant & which is very briefly worded is reproduced below.
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- Wednesday, September 9, 2009, 1:36
- Company Law
- 818 views
Certificate of Commencement of Business: Procedural Analysis The date of incorporation of a company may not be the date of commencement of business. A private company and a public limited company not having share capital are not required to comply with any other formalities and may commence its business activities immediately after obtaining the certificate of incorporation from the [...]
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