- Thursday, February 4, 2010, 3:05
- Income Tax
- 152 views
The Department of Legal Affairs, Ministry of Law & Justice has invited applications for the posts of Judicial Members and Accountant Members in the Income Tax Appellate Tribunal. There are 22 vacancies for the post of Judicial Member while there are 13 vacancies for the post of Accountant Member.
Full Article
- Sunday, January 3, 2010, 14:04
- Income Tax Case Laws
- 653 views
If there is default on the part of the assessee to comply with the original demand notice, the provisions of the Taxation Laws (Continuation & Validation of Recovery Proceedings) Act, 1964 shall apply.
Full Article
- Saturday, December 5, 2009, 13:41
- Income Tax
- 1 views
Over 30,000 tax litigations are pending in the Income Tax Appelate Tribunals across the country, though most of these appeals are filed by the tax department and not the assessees, Minister of State for Finance S S Palanimanickam said in the Lok Sabha today. ITATs accross the country have 30,303 cases pending till June 30 this year of which more than 77 per cent are those appeals filed by the tax department, Palanimanickam informed the lower house.
Full Article
- Thursday, November 26, 2009, 2:42
- GST
- 3 views
The Constitutional amendment will be the basis for the new tax regime and will be followed by adoption of separate state and Central GST laws. The last amendment to the Constitution dealing with a financial matter was in 2000, when the Centre was given the power to tax services. The Ministry of Finance was in consultation with the law ministry on drafting of the amendment Bill.
Full Article
- Thursday, September 17, 2009, 1:12
- Income Tax, Income Tax Case Laws
- 2 views
CASE LAW DETAILS Decided by: Income Tax Appellate Tribunal, Delhi Bench “B” New Delhi (Special Bench). In the case of: M/s Concept Creations vs. ACIT, Appeal No.: ITA No. 3370/Del/08 (Asstt. Yr: 2005-06), Order dated: – 15-09-2009. SUMMARY OF CASE LAW Vide Notification dated 3rd June 2009, Rule 13E was inserted in the Income Tax [...]
Full Article
- Saturday, June 20, 2009, 8:35
- Income Tax Case Laws
- 2 views
Ministry of Law & Justice, Department of legal Affairs, New Delhi Notification Dated : 3rd June 2009 GSR 889 (E). In exercise of the powers conferred by the Proviso to section 309 of the Constitution and of all other powers enabling her in that behalf, the President hereby makes the following rules further to amend the Income [...]
Full Article