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	<title>TaxGuru &#187; Refund</title>
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	<link>http://taxguru.in</link>
	<description>Complete Tax Solution</description>
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		<title>CPC Bangalore &#8211; IT return, Refund , Rectification statistics for AY 2009-10, AY 2010-11 and 2011-12</title>
		<link>http://taxguru.in/income-tax/cpc-bangalore-return-refund-rectification-statistics-ay-200910-ay-201011-201112.html</link>
		<comments>http://taxguru.in/income-tax/cpc-bangalore-return-refund-rectification-statistics-ay-200910-ay-201011-201112.html#comments</comments>
		<pubDate>Tue, 20 Sep 2011 01:30:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[IT return]]></category>
		<category><![CDATA[rectification]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=44161</guid>
		<description><![CDATA[Centralized Processing Center (CPC), Bangalore has been actively processing of returns for AY 2010-11. The statistics for AY 2009-10, AY 2010-11 and 2011-12 are (as of 7th September,2011)-  AY09-10  AY10-11  AY11-12 No. of returns processed (Nos lakhs) 43.5 71.9 5.2 No. of refunds generated (Nos lakhs) 12.4 26.4 1.4 Refund reprocessing requests processed (Nos.) 56,707 [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/cpc-bangalore-return-refund-rectification-statistics-ay-200910-ay-201011-201112.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Now, get refund on all air tickets cancelled  two hours prior to the flight departure.</title>
		<link>http://taxguru.in/general-info/now-get-refund-on-all-air-tickets-cancelled-two-hours-prior-to-the-flight-departure.html</link>
		<comments>http://taxguru.in/general-info/now-get-refund-on-all-air-tickets-cancelled-two-hours-prior-to-the-flight-departure.html#comments</comments>
		<pubDate>Sun, 23 Jan 2011 14:55:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General Info]]></category>
		<category><![CDATA[air tickets]]></category>
		<category><![CDATA[civil aviation economic advisory council]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://taxguru.in/now-get-refund-on-all-air-tickets-cancelled-two-hours-prior-to-the-flight-departure.-1334.html</guid>
		<description><![CDATA[In a big relief to air travellers, domestic airlines have agreed to refund passengers all costs barring the base fare if a non-refundable ticket is cancelled. However, passengers can avail this facility only if they cancel their tickets two hours pri]]></description>
		<wfw:commentRss>http://taxguru.in/general-info/now-get-refund-on-all-air-tickets-cancelled-two-hours-prior-to-the-flight-departure.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Maharashtra Govt Budget gives relief to small professional taxpayers; hikes VAT</title>
		<link>http://taxguru.in/goods-and-service-tax/maharashtra-govt-budget-gives-relief-to-small-professional-taxpayers-hikes-vat.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/maharashtra-govt-budget-gives-relief-to-small-professional-taxpayers-hikes-vat.html#comments</comments>
		<pubDate>Mon, 08 Jun 2009 17:01:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[advertisements]]></category>
		<category><![CDATA[amnesty scheme]]></category>
		<category><![CDATA[cookers]]></category>
		<category><![CDATA[Excise]]></category>
		<category><![CDATA[Exemption]]></category>
		<category><![CDATA[Professional tax]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[refund scheme]]></category>
		<category><![CDATA[sales tax rate]]></category>
		<category><![CDATA[stamps]]></category>
		<category><![CDATA[Vat]]></category>
		<category><![CDATA[vat rate]]></category>
		<category><![CDATA[vat refund]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=9035</guid>
		<description><![CDATA[In its recent Budget Maharashtra State Govt. And its Finance Minister offered a mixed bag for the industry, trade and individuals subjected to professional tax. Keeping in mind not the economic slowdown but the forthcoming State Assembly polls in October, the Finance Minister, Mr Dilip Walse Patil has announced exemption of salary upto Rs 5000 [...]]]></description>
		<wfw:commentRss>http://taxguru.in/goods-and-service-tax/maharashtra-govt-budget-gives-relief-to-small-professional-taxpayers-hikes-vat.html/feed/</wfw:commentRss>
		<slash:comments>12</slash:comments>
		</item>
		<item>
		<title>Highlight of Maharashtra State Additional Budget 2009</title>
		<link>http://taxguru.in/goods-and-service-tax/highlight-of-maharashtra-state-additional-budget-2009.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/highlight-of-maharashtra-state-additional-budget-2009.html#comments</comments>
		<pubDate>Thu, 04 Jun 2009 18:13:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[amnesty scheme]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[deficit budget]]></category>
		<category><![CDATA[developer]]></category>
		<category><![CDATA[digitally]]></category>
		<category><![CDATA[energy devices]]></category>
		<category><![CDATA[Exemption]]></category>
		<category><![CDATA[holders]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[jewellery]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[mat]]></category>
		<category><![CDATA[MVAT]]></category>
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		<category><![CDATA[profession tax]]></category>
		<category><![CDATA[professions]]></category>
		<category><![CDATA[proposals]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[refund scheme]]></category>
		<category><![CDATA[restructurings]]></category>
		<category><![CDATA[Return]]></category>
		<category><![CDATA[salary income]]></category>
		<category><![CDATA[stamps]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax amnesty]]></category>
		<category><![CDATA[tax concession]]></category>
		<category><![CDATA[tax concessions]]></category>
		<category><![CDATA[Vat]]></category>
		<category><![CDATA[vat refund]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8939</guid>
		<description><![CDATA[As Maharashtra braces up for polls and celebrates its golden jubilee year, it tabled a revenue-deficit budget for the year 2009-10 on 4th June 2009 that focuses on infrastructure development and social sector. The major highlights and changes proposed are noted below : Penalty for late returns under MVAT Act reduced to Rs.5,000/- from Rs.10,000/-. Exemption [...]]]></description>
		<wfw:commentRss>http://taxguru.in/goods-and-service-tax/highlight-of-maharashtra-state-additional-budget-2009.html/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Know If your Income Tax Refund been returned undelivered</title>
		<link>http://taxguru.in/income-tax/know-if-your-income-tax-refund-been-returned-undelivered.html</link>
		<comments>http://taxguru.in/income-tax/know-if-your-income-tax-refund-been-returned-undelivered.html#comments</comments>
		<pubDate>Wed, 27 May 2009 16:10:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[Income Tax Refund]]></category>
		<category><![CDATA[mumbai]]></category>
		<category><![CDATA[PAN]]></category>
		<category><![CDATA[pan number]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Return]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[taxpayers]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8643</guid>
		<description><![CDATA[MUMBAI: Salaried taxpayers who have not received refunds for assessment years 2003-04 to 2006-07 can find out whether their refunds have been returned undelivered from this link: http://www.incometaxindia.gov.in/CCIT/refundsearch.asp You can get the information from the menu `undelivered salary refund management system&#8217;, using your PAN number. If any refund has been returned undelivered due to a [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/know-if-your-income-tax-refund-been-returned-undelivered.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009</title>
		<link>http://taxguru.in/sebi/securities-and-exchange-board-of-india-investor-protection-and-education-fund-regulations-2009.html</link>
		<comments>http://taxguru.in/sebi/securities-and-exchange-board-of-india-investor-protection-and-education-fund-regulations-2009.html#comments</comments>
		<pubDate>Fri, 22 May 2009 18:42:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[SEBI]]></category>
		<category><![CDATA[advisory committee]]></category>
		<category><![CDATA[awareness activities]]></category>
		<category><![CDATA[Deduction]]></category>
		<category><![CDATA[Donation]]></category>
		<category><![CDATA[education fund]]></category>
		<category><![CDATA[educational activities]]></category>
		<category><![CDATA[establishments]]></category>
		<category><![CDATA[exchange board]]></category>
		<category><![CDATA[expenditures]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[investor education]]></category>
		<category><![CDATA[investor protection]]></category>
		<category><![CDATA[Investor Protection and Education Fund]]></category>
		<category><![CDATA[ipef]]></category>
		<category><![CDATA[legal proceedings]]></category>
		<category><![CDATA[notifications]]></category>
		<category><![CDATA[receipt]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[retirement]]></category>
		<category><![CDATA[salaries]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[SEBI notifications]]></category>
		<category><![CDATA[securities and exchange]]></category>
		<category><![CDATA[securities and exchange board of india]]></category>
		<category><![CDATA[Share]]></category>
		<category><![CDATA[shareholder]]></category>
		<category><![CDATA[Shares]]></category>
		<category><![CDATA[Statement]]></category>
		<category><![CDATA[Takeover]]></category>
		<category><![CDATA[takeovers]]></category>
		<category><![CDATA[tribunal]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8486</guid>
		<description><![CDATA[Notification of SEBI (Investor Protection and Education Fund) Regulations, 2009 SEBI has notified the SEBI (Investor Protection and Education Fund) Regulations, 2009, on May 19, 2009, with a view to strengthening its activities for investor protection.  The salient features of these regulations are as follows:  The Fund shall be used for the protection of investors and promotion [...]]]></description>
		<wfw:commentRss>http://taxguru.in/sebi/securities-and-exchange-board-of-india-investor-protection-and-education-fund-regulations-2009.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Income Tax Circular on new TDS and TCS payment and information reporting system</title>
		<link>http://taxguru.in/income-tax/new-income-tax-circular-on-new-tds-and-tcs-payment-and-information-reporting-system.html</link>
		<comments>http://taxguru.in/income-tax/new-income-tax-circular-on-new-tds-and-tcs-payment-and-information-reporting-system.html#comments</comments>
		<pubDate>Thu, 21 May 2009 16:19:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[advances in information technology]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[business process]]></category>
		<category><![CDATA[central government]]></category>
		<category><![CDATA[challan]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[Form 17]]></category>
		<category><![CDATA[forms]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[income tax act 1961]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[information reporting system]]></category>
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		<category><![CDATA[nsdl]]></category>
		<category><![CDATA[official gazette]]></category>
		<category><![CDATA[PAN]]></category>
		<category><![CDATA[principles of financial accounting]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[reporting system]]></category>
		<category><![CDATA[risk management strategy]]></category>
		<category><![CDATA[Self Assessment Tax]]></category>
		<category><![CDATA[TAN]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax deduction]]></category>
		<category><![CDATA[tcs]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[TDS and TCS payment]]></category>
		<category><![CDATA[third person]]></category>
		<category><![CDATA[TIN]]></category>
		<category><![CDATA[uploading]]></category>
		<category><![CDATA[utn]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8411</guid>
		<description><![CDATA[NEW TDS AND TCS PAYMENT AND INFORMATION REPORTING SYSTEM- NOTIFICATION NO. 858(E), DATED 25thMARCH, 2009 PUBLISHED IN OFFICIAL GAZETTE CIRCULAR NO. 02 / 2009, DATED 21-5-2009 The Finance Act, 2008 inserted a new sub-section (1A) in section 143 of the Income-tax Act, 1961 empowering the Board to make a scheme for centralised processing of returns [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/new-income-tax-circular-on-new-tds-and-tcs-payment-and-information-reporting-system.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Want Income Tax Refund Faster &#8211; Opt for ECS</title>
		<link>http://taxguru.in/income-tax/want-income-tax-refund-faster-opt-for-ecs.html</link>
		<comments>http://taxguru.in/income-tax/want-income-tax-refund-faster-opt-for-ecs.html#comments</comments>
		<pubDate>Thu, 21 May 2009 14:37:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[cheques]]></category>
		<category><![CDATA[drawback]]></category>
		<category><![CDATA[ECS]]></category>
		<category><![CDATA[Electronic Clearing Service]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[Income Tax Refund]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[refund cheque]]></category>
		<category><![CDATA[state bank]]></category>
		<category><![CDATA[state bank of india]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8383</guid>
		<description><![CDATA[During 2007, the then Finance Minister P. Chidambaram launched an innovative scheme called as Refund banker Scheme. It was first introduced in New Delhi and Patna. Since then, the scheme has been extended to other cities in India. Here, we take a look at the Refund Banker Scheme, its pros and cons.  Refund Banker Scheme:-A [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/want-income-tax-refund-faster-opt-for-ecs.html/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Claim Interest on Income Tax Refund for delay</title>
		<link>http://taxguru.in/income-tax/claim-interest-on-income-tax-refund-for-delay.html</link>
		<comments>http://taxguru.in/income-tax/claim-interest-on-income-tax-refund-for-delay.html#comments</comments>
		<pubDate>Tue, 19 May 2009 04:51:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[acknowledgment]]></category>
		<category><![CDATA[bank account details]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[electronic clearance]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[nsdl]]></category>
		<category><![CDATA[pan number]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[RTI]]></category>
		<category><![CDATA[Tax Refund]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8335</guid>
		<description><![CDATA[If you&#8217;re a salaried individual working in any organisation in India, you know the irritation that overcomes you when a mail arrives asking you to declare you proposed investments for the year. You invariably end up putting down a very arbitrary selection of investments when the last day for submission dawns.  But this thoughtless could [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/claim-interest-on-income-tax-refund-for-delay.html/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Concessional ticket to travel Agents cannot be termed as commission</title>
		<link>http://taxguru.in/income-tax-case-laws/concessional-ticket-to-travel-agents-cannot-be-termed-as-commission.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/concessional-ticket-to-travel-agents-cannot-be-termed-as-commission.html#comments</comments>
		<pubDate>Sun, 17 May 2009 06:20:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
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		<category><![CDATA[Refund]]></category>
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		<category><![CDATA[trusts]]></category>
		<category><![CDATA[validation]]></category>
		<category><![CDATA[validity]]></category>
		<category><![CDATA[virtue]]></category>
		<category><![CDATA[WILL]]></category>
		<category><![CDATA[withdrawals]]></category>
		<category><![CDATA[wordings]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8290</guid>
		<description><![CDATA[SUMMARY OF CASE LAW The relationship between the assessee-airlines and the travel agent is one of principal and agent; the supplementary commission which is the amount retained by the travel agent is commission within the meaning of section 194H read with Explanation (i) to the said section; the difference between the full value of the [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/concessional-ticket-to-travel-agents-cannot-be-termed-as-commission.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ICAI written CBDT on Undue hardship faced by assessees on account of delay of refund in scrutiny cases in respect of A.Y. 2007-08</title>
		<link>http://taxguru.in/income-tax/icai-written-cbdt-on-undue-hardship-faced-by-assessees-on-account-of-delay-of-refund-in-scrutiny-cases-in-respect-of-ay-2007-08.html</link>
		<comments>http://taxguru.in/income-tax/icai-written-cbdt-on-undue-hardship-faced-by-assessees-on-account-of-delay-of-refund-in-scrutiny-cases-in-respect-of-ay-2007-08.html#comments</comments>
		<pubDate>Fri, 15 May 2009 14:59:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[current market]]></category>
		<category><![CDATA[department of revenue]]></category>
		<category><![CDATA[direct taxes]]></category>
		<category><![CDATA[electronic returns]]></category>
		<category><![CDATA[finance government]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[market scenario]]></category>
		<category><![CDATA[ministry of finance]]></category>
		<category><![CDATA[ministry of finance government of india]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[scrutinies]]></category>
		<category><![CDATA[Scrutiny]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[undue hardship]]></category>
		<category><![CDATA[working capital]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8150</guid>
		<description><![CDATA[ICAI &#8211; Undue hardship faced by assessees on account of delay of refund in scrutiny cases in respect of A.Y. 2007-08  May, 15th 2009  No.DTC/2009- 10/REP-2 13th May, 2009 Mr. S.S.N. Moorthy Chairman Central Board of Direct Taxes Department of Revenue Ministry of Finance Government of India North Block New Delhi – 110 001.  Respected [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/icai-written-cbdt-on-undue-hardship-faced-by-assessees-on-account-of-delay-of-refund-in-scrutiny-cases-in-respect-of-ay-2007-08.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Now Expect Income Tax Refund in Four Months</title>
		<link>http://taxguru.in/income-tax/now-expect-income-tax-refund-in-four-months.html</link>
		<comments>http://taxguru.in/income-tax/now-expect-income-tax-refund-in-four-months.html#comments</comments>
		<pubDate>Mon, 11 May 2009 15:55:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[bank account details]]></category>
		<category><![CDATA[central servers]]></category>
		<category><![CDATA[collections]]></category>
		<category><![CDATA[data migration]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[Income Tax Refund]]></category>
		<category><![CDATA[MAGNETIC INK CHARACTER RECOGNITION]]></category>
		<category><![CDATA[MICR]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Tax Refund]]></category>
		<category><![CDATA[tax refunds]]></category>
		<category><![CDATA[taxpayer tax]]></category>
		<category><![CDATA[TDS]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=8018</guid>
		<description><![CDATA[Individual and small corporate taxpayers will get income or corporate tax refunds in four months, with the refund banker scheme spreading across the country soon. The refunds, arising out of tax payments and TDS collections, usually take more than a year to reach the average taxpayer. &#8220;Tax and TDS refunds will now reach the individual and [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/now-expect-income-tax-refund-in-four-months.html/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>For faster processing of Income Tax Refunds IT dept coming with Central Processing centre in Hyderabad</title>
		<link>http://taxguru.in/income-tax/for-faster-processing-of-income-tax-refunds-it-dept-coming-with-central-processing-centre-in-hyderabad.html</link>
		<comments>http://taxguru.in/income-tax/for-faster-processing-of-income-tax-refunds-it-dept-coming-with-central-processing-centre-in-hyderabad.html#comments</comments>
		<pubDate>Wed, 29 Apr 2009 07:49:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[income tax refunds]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax collections]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=6638</guid>
		<description><![CDATA[Income tax assesseess may soon hope to get their refund amounts earlier than they are used to now. The income tax department will be coming up with a central processing centre in Hyderabad, which may help in early assessment of income, followed by early refunds. The facility, being developed in association with IT major Infosys, is expected [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/for-faster-processing-of-income-tax-refunds-it-dept-coming-with-central-processing-centre-in-hyderabad.html/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Applicability of the provisions of the Export of Services Rules, 2005 in certain situations</title>
		<link>http://taxguru.in/service-tax/applicability-of-the-provisions-of-the-export-of-services-rules-2005-in-certain-situations.html</link>
		<comments>http://taxguru.in/service-tax/applicability-of-the-provisions-of-the-export-of-services-rules-2005-in-certain-situations.html#comments</comments>
		<pubDate>Sun, 26 Apr 2009 03:53:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[acknowledgement]]></category>
		<category><![CDATA[central board of excise]]></category>
		<category><![CDATA[cenvat credit rules 2004]]></category>
		<category><![CDATA[COMMISSION]]></category>
		<category><![CDATA[Excise]]></category>
		<category><![CDATA[Export of Services Rules 2005]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[ministry of finance]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[taxable service]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=6286</guid>
		<description><![CDATA[F.No.137/307/2007-CX.4 (Pt.) Government of India Ministry of Finance Department of Revenue (Central Board of Excise &#38; Customs) New Delhi, dated the 24th February, 2009. Subject: Applicability of the provisions of the Export of Services Rules, 2005 in certain situations In terms of rule 3 (2) (a) of the Export of Services Rules 2005, a taxable [...]]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/applicability-of-the-provisions-of-the-export-of-services-rules-2005-in-certain-situations.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Uploading of MVAT electronic returns by refund claimants and ‘nil’ return dealers</title>
		<link>http://taxguru.in/goods-and-service-tax/uploading-of-mvat-electronic-returns-by-refund-claimants-and-%e2%80%98nil%e2%80%99-return-dealers.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/uploading-of-mvat-electronic-returns-by-refund-claimants-and-%e2%80%98nil%e2%80%99-return-dealers.html#comments</comments>
		<pubDate>Fri, 24 Apr 2009 07:40:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[acknowledgement]]></category>
		<category><![CDATA[acknowledgment]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[Due Date]]></category>
		<category><![CDATA[e returns]]></category>
		<category><![CDATA[electronic returns]]></category>
		<category><![CDATA[MVAT]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=6115</guid>
		<description><![CDATA[TRADE CIRCULAR. No.VAT/ JC Returns/       Mumbai Dt : 21.04.2009    Trade Cir.15 T of 2009                 Sub:   Uploading of electronic returns by refund claimants and ‘nil’ return dealers Ref:     1)Trade Circular No 16T of 2008.            2) Trade Circular No 38T of 2008.      [...]]]></description>
		<wfw:commentRss>http://taxguru.in/goods-and-service-tax/uploading-of-mvat-electronic-returns-by-refund-claimants-and-%e2%80%98nil%e2%80%99-return-dealers.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government is likely to exempt the services provided inside the Special Economic Zones from service tax</title>
		<link>http://taxguru.in/service-tax/government-is-likely-to-exempt-the-services-provided-inside-the-special-economic-zones-from-service-tax.html</link>
		<comments>http://taxguru.in/service-tax/government-is-likely-to-exempt-the-services-provided-inside-the-special-economic-zones-from-service-tax.html#comments</comments>
		<pubDate>Thu, 02 Apr 2009 18:27:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[economic zones]]></category>
		<category><![CDATA[free export]]></category>
		<category><![CDATA[ministry of finance]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[service providers]]></category>
		<category><![CDATA[Service Tax Exemption to SEZ]]></category>
		<category><![CDATA[SEZ]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/service-tax/government-is-likely-to-exempt-the-services-provided-inside-the-special-economic-zones-from-service-tax.html</guid>
		<description><![CDATA[The government is likely to exempt the services provided inside the Special Economic Zones from service tax, a move for which it is expected to seek approval from the Election Commission. Hitherto, service providers were paying taxes first and than claiming refunds, an issue on which the Commerce Ministry has written to the Ministry of Finance suggesting exemption from taxes.]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/government-is-likely-to-exempt-the-services-provided-inside-the-special-economic-zones-from-service-tax.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Excess tax paid by the employer can not be taxed in the hand of the Assessee</title>
		<link>http://taxguru.in/income-tax-case-laws/excess-tax-paid-by-the-employer-can-not-be-taxed-in-the-hand-of-the-assessee.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/excess-tax-paid-by-the-employer-can-not-be-taxed-in-the-hand-of-the-assessee.html#comments</comments>
		<pubDate>Tue, 31 Mar 2009 13:42:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[perquisite]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[salaries]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[Salary Income & Excess Tax Paid]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=4340</guid>
		<description><![CDATA[SUMMARY OF THE CASE LAW Excess amount of tax deposited with the Central Government by the employer, over and above the amount due, and refunded to the employee, could not be treated either salary or taxable perquisite in the hands of the assessee-employee; the mere fact that as per the machinery of the Income-tax Act, [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/excess-tax-paid-by-the-employer-can-not-be-taxed-in-the-hand-of-the-assessee.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trade Cir-11T of 2009 &#8211; Luxury Tax on luxuries provided in hotels from 1st May 2004 to 30th April 2005</title>
		<link>http://taxguru.in/goods-and-service-tax/trade-cir-11t-of-2009-luxury-tax-on-luxuries-provided-in-hotels-from-1st-may-2004-to-30th-april-2005.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/trade-cir-11t-of-2009-luxury-tax-on-luxuries-provided-in-hotels-from-1st-may-2004-to-30th-april-2005.html#comments</comments>
		<pubDate>Thu, 26 Mar 2009 00:45:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[clarification]]></category>
		<category><![CDATA[customs]]></category>
		<category><![CDATA[legal interpretation]]></category>
		<category><![CDATA[Luxury Tax]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax liability]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=3817</guid>
		<description><![CDATA[TRADE CIRCULAR Mumbai, Dt.25.03.2009,     No.LTR-2009/ 1/Adm-29/ B-139  ,         Trade Cir. No. 11 T of 2009 Sub: Luxury Tax on luxuries provided in hotels from 1st May 2004 to 30th April 2005. Ref: 1) Notification No.LTA-1090/ 179/ Taxation-2 dated 21st January, 1992. 2) Notification No.LTA-1090/ CR-47/ Taxation-2 dated 18th November, [...]]]></description>
		<wfw:commentRss>http://taxguru.in/goods-and-service-tax/trade-cir-11t-of-2009-luxury-tax-on-luxuries-provided-in-hotels-from-1st-may-2004-to-30th-april-2005.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TDS Provisions not applicable to Hotel Rent: Mumbai HC</title>
		<link>http://taxguru.in/income-tax/tds-provisions-not-applicable-to-hotel-rent-mumbai-hc.html</link>
		<comments>http://taxguru.in/income-tax/tds-provisions-not-applicable-to-hotel-rent-mumbai-hc.html#comments</comments>
		<pubDate>Sun, 08 Mar 2009 10:56:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[accommodation]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[advertisements]]></category>
		<category><![CDATA[business hotels]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[five star hotels]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax deducted at source]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[TDS on Hotel Rent]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=3147</guid>
		<description><![CDATA[Providing respite to city hotels, especially fivestars and business hotels, the B o m b ay high court, in a landmark judgment, has ruled that Tax Deducted at Source (TDS) would not be applicable to the services they provide. The verdict, by a division bench of Justices Ranjana Desai and J P Devadhar, quashed a [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/tds-provisions-not-applicable-to-hotel-rent-mumbai-hc.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Notification on Service Tax Exemption Granted to Special Economic Zones</title>
		<link>http://taxguru.in/service-tax/notification-on-service-tax-exemption-to-sez.html</link>
		<comments>http://taxguru.in/service-tax/notification-on-service-tax-exemption-to-sez.html#comments</comments>
		<pubDate>Fri, 06 Mar 2009 17:29:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Law]]></category>
		<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[allotment]]></category>
		<category><![CDATA[Excise]]></category>
		<category><![CDATA[PAN]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Service Tax Exemption to SEZ]]></category>
		<category><![CDATA[SEZ]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=3114</guid>
		<description><![CDATA[The Central Government has issued a Notification („subject Notification?) granting exemption from service tax in respect of the taxable services which are provided in relation to the authorized operations in a Special Economic Zone (SEZ) and are received by a developer or a unit of an SEZ. This Notification supercedes the earlier exemption granted in [...]]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/notification-on-service-tax-exemption-to-sez.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>When an expenditure payable is waived subsequently, resulting in refund or benefit to the assessee, it is taxable as income</title>
		<link>http://taxguru.in/income-tax-case-laws/when-an-expenditure-payable-is-waived-subsequently-resulting-in-refund-or-benefit-to-the-assessee-it-is-taxable-as-income.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/when-an-expenditure-payable-is-waived-subsequently-resulting-in-refund-or-benefit-to-the-assessee-it-is-taxable-as-income.html#comments</comments>
		<pubDate>Fri, 06 Mar 2009 17:03:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[advertisements]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[books of account]]></category>
		<category><![CDATA[principle of accounting]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[time limitation]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=3108</guid>
		<description><![CDATA[The expenditure might have been paid out and hence refunded or the expenditure is recorded in the books as payable and allowed as a deduction previously — on waiver, would be covered by Section 41(1) of the Act. The accent of the statute is ‘an allowance or deduction has been made in the assessment for [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taxability of fraudulent income earned under Income Tax</title>
		<link>http://taxguru.in/income-tax/taxability-of-fraudulent-income-earned-under-income-tax.html</link>
		<comments>http://taxguru.in/income-tax/taxability-of-fraudulent-income-earned-under-income-tax.html#comments</comments>
		<pubDate>Mon, 23 Feb 2009 09:24:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[CBI]]></category>
		<category><![CDATA[CIT]]></category>
		<category><![CDATA[Fraudulent Income Under Income Tax]]></category>
		<category><![CDATA[itat]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[seizure]]></category>
		<category><![CDATA[Undisclosed]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=2605</guid>
		<description><![CDATA[The law considers income earned legally as well as tainted income alike. The burglar and the swindler are as much liable to tax as an honest businessman. A person lives by regularly receiving and reselling stolen goods for a profit. Is the profit made by him taxable as income? Another person takes to burglary on [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/taxability-of-fraudulent-income-earned-under-income-tax.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax Refund to exporters of 3 more services allowed</title>
		<link>http://taxguru.in/service-tax/service-tax-refund-to-exporters-of-3-more-services-allowed.html</link>
		<comments>http://taxguru.in/service-tax/service-tax-refund-to-exporters-of-3-more-services-allowed.html#comments</comments>
		<pubDate>Sat, 21 Feb 2009 03:02:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[chartered accountants]]></category>
		<category><![CDATA[goods transport]]></category>
		<category><![CDATA[indian export organisations]]></category>
		<category><![CDATA[input services]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Service Tax Refund]]></category>
		<category><![CDATA[tax refund scheme]]></category>
		<category><![CDATA[taxable services]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=2522</guid>
		<description><![CDATA[The three services qualifying for service tax refund are courier services, goods transport agency services availed for transport of export goods from the ‘place of removal’ (mainly factory gate) to actual place of export i.e inland container depot (ICD)/airport/port and transportation services in containers by rail from the ‘place of removal’ to ICD/airport/port.]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/service-tax-refund-to-exporters-of-3-more-services-allowed.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cabinet gives nod to CBDT to set up centralised processing centre at Bangalore</title>
		<link>http://taxguru.in/income-tax/cabinet-gives-nod-to-cbdt-to-set-up-centralised-processing-centre-at-bangalore.html</link>
		<comments>http://taxguru.in/income-tax/cabinet-gives-nod-to-cbdt-to-set-up-centralised-processing-centre-at-bangalore.html#comments</comments>
		<pubDate>Sat, 07 Feb 2009 02:40:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[Centralized Processing Centre]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=2032</guid>
		<description><![CDATA[THE Union Cabinet has approved the proposal of the Income-tax Department to establish a Centralized Processing Centre (CPC) at Bangalore for processing of all electronically filed returns in the country and the paper returns filed in Karnataka. The CPC will enable the Department to process the returns and issue refunds expeditiously. It will encourage more [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/cabinet-gives-nod-to-cbdt-to-set-up-centralised-processing-centre-at-bangalore.html/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Let us &#8216;care&#8217; for Indian Income Tax Department&#8217;s new slogan &#8216;Let us Share&#8217;!</title>
		<link>http://taxguru.in/income-tax/let-us-care-for-indian-income-tax-departments-new-slogan-let-us-share.html</link>
		<comments>http://taxguru.in/income-tax/let-us-care-for-indian-income-tax-departments-new-slogan-let-us-share.html#comments</comments>
		<pubDate>Sat, 07 Feb 2009 01:59:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[indexation]]></category>
		<category><![CDATA[indian income tax department]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[retirement]]></category>
		<category><![CDATA[right to information act]]></category>
		<category><![CDATA[Share]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=2022</guid>
		<description><![CDATA[YESTERDAY was a red-letter day for the Indian Income Tax Department. It was an important day from the taxpayers' angle as well. If the Netizens are thinking in terms of any tax relief, then they need to take a close look at the concept of relief. A fiscal relief is certainly a welcome news even for taxmen in their capacity as taxpayers. ]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/let-us-care-for-indian-income-tax-departments-new-slogan-let-us-share.html/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Can Satyam claim a refund of taxes on onerstated income?</title>
		<link>http://taxguru.in/income-tax-case-laws/can-satyam-claim-a-refund-of-taxes-on-onerstated-income.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/can-satyam-claim-a-refund-of-taxes-on-onerstated-income.html#comments</comments>
		<pubDate>Wed, 21 Jan 2009 12:58:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CA CS ICWA]]></category>
		<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[Computer]]></category>
		<category><![CDATA[Deduction]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[excess income]]></category>
		<category><![CDATA[income tax assessment]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[rectification]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Satyam]]></category>
		<category><![CDATA[satyam computer services]]></category>
		<category><![CDATA[Self Assessment Tax]]></category>
		<category><![CDATA[taxation issues]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=1567</guid>
		<description><![CDATA[Today, the fraud at Satyam Computer Services is one of  the hottest topics around. There are so many questions relating to various taxation issues that are constantly cropping up. One of the common questions going through everyone&#8217;s mind is: Can Satyam claim a refund of taxes already paid on its inflated income for all the [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/can-satyam-claim-a-refund-of-taxes-on-onerstated-income.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Exclusion period for grant of interest under section 244A (1) of IT Act to the Assessee</title>
		<link>http://taxguru.in/income-tax-case-laws/exclusion-period-for-grant-of-interest-under-section-244a-1-of-it-act-to-the-assessee.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/exclusion-period-for-grant-of-interest-under-section-244a-1-of-it-act-to-the-assessee.html#comments</comments>
		<pubDate>Fri, 16 Jan 2009 13:26:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[Income Tax Refund]]></category>
		<category><![CDATA[itat]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax liability]]></category>
		<category><![CDATA[TDS]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=1338</guid>
		<description><![CDATA[Where any question arises as to the period to be excluded for the purpose of grant of interest under section 244A (1), the same is necessarily and mandatory to be decided either by Chief CIT or CIT and not by the AO or the Commissioner (Appeals).   ITAT DELHI BENCH `E&#8217;, NEW DELHI Power Finance [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/exclusion-period-for-grant-of-interest-under-section-244a-1-of-it-act-to-the-assessee.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summary of second stimulus package</title>
		<link>http://taxguru.in/finance/summary-of-second-stimulus-package.html</link>
		<comments>http://taxguru.in/finance/summary-of-second-stimulus-package.html#comments</comments>
		<pubDate>Sat, 03 Jan 2009 18:00:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Government Policy]]></category>
		<category><![CDATA[depb]]></category>
		<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[expenditures]]></category>
		<category><![CDATA[Fiscal Policy]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=1072</guid>
		<description><![CDATA[Government on Friday gave the economy a second stimulus by enabling the industry to borrow more from abroad and FIIs to invest more in the country, besides stepping up public spending. The package, the last for the current financial year and announced in tandem with rate cuts by RBI, aims at providing much higher and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pending Tax Refund Up To Rs 25,000 to Be Given Soon &#8211; Govt</title>
		<link>http://taxguru.in/income-tax/pending-tax-refund-up-to-rs-25000-to-be-given-soon-govt.html</link>
		<comments>http://taxguru.in/income-tax/pending-tax-refund-up-to-rs-25000-to-be-given-soon-govt.html#comments</comments>
		<pubDate>Fri, 19 Dec 2008 14:11:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Computer]]></category>
		<category><![CDATA[Deduction]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[PENDING TAX REFUND]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Tax Refund]]></category>
		<category><![CDATA[taxpayers]]></category>
		<category><![CDATA[TDS]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=811</guid>
		<description><![CDATA[The government has asked the I-T department to soon process refund claims up to Rs 25,000 for every assessee whose tax is deducted at source (TDS) for 2007-08. "The Income- Tax Department has instructed the field formations to accept the TDS-payer's claim, with certain exceptions . where the refund computed does not exceed Rs 25,000," a Finance Ministry official said.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/pending-tax-refund-up-to-rs-25000-to-be-given-soon-govt.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Acquisition of Immoveable Property in India &#8211; F.A.Q</title>
		<link>http://taxguru.in/fema/acquisition-of-immoveable-property-in-india-faq.html</link>
		<comments>http://taxguru.in/fema/acquisition-of-immoveable-property-in-india-faq.html#comments</comments>
		<pubDate>Fri, 19 Dec 2008 07:18:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[constitution of india]]></category>
		<category><![CDATA[fcnr]]></category>
		<category><![CDATA[Fera]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Gift]]></category>
		<category><![CDATA[immovable property]]></category>
		<category><![CDATA[IMMOVEABLE PROPERTY]]></category>
		<category><![CDATA[NRI]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[reserve bank of india]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=801</guid>
		<description><![CDATA[Under the general permission available, the following categories can freely purchase immovable property in India: i) Non-Resident Indian (NRI)- that is a citizen of India resident outside India ii) Person of Indian Origin (PIO)- that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan), who ]]></description>
		<wfw:commentRss>http://taxguru.in/fema/acquisition-of-immoveable-property-in-india-faq.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revision of Excise and Customs Duty Rates and Service Tax Refund to Exporters</title>
		<link>http://taxguru.in/excise-duty/revision-of-excise-and-customs-duty-rates-and-service-tax-refund-to-exporters.html</link>
		<comments>http://taxguru.in/excise-duty/revision-of-excise-and-customs-duty-rates-and-service-tax-refund-to-exporters.html#comments</comments>
		<pubDate>Thu, 11 Dec 2008 02:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Custom Duty]]></category>
		<category><![CDATA[Excise Duty]]></category>
		<category><![CDATA[CBEC]]></category>
		<category><![CDATA[central]]></category>
		<category><![CDATA[central excise duty]]></category>
		<category><![CDATA[composite rates]]></category>
		<category><![CDATA[customs duty rates]]></category>
		<category><![CDATA[enhancement]]></category>
		<category><![CDATA[Excise]]></category>
		<category><![CDATA[excise and customs]]></category>
		<category><![CDATA[fiscal stimulus]]></category>
		<category><![CDATA[petroleum products]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax refund scheme]]></category>
		<category><![CDATA[textile articles]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=780</guid>
		<description><![CDATA[The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 percentage points each. The revised rates will be 10%, 8% and 4% respectively.]]></description>
		<wfw:commentRss>http://taxguru.in/excise-duty/revision-of-excise-and-customs-duty-rates-and-service-tax-refund-to-exporters.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax Refund Application Can Now Be Filed Within Six Months from the End of the Relevant Quarter</title>
		<link>http://taxguru.in/service-tax/service-tax-refund-application-can-now-be-filed-within-six-months-from-the-end-of-the-relevant-quarter.html</link>
		<comments>http://taxguru.in/service-tax/service-tax-refund-application-can-now-be-filed-within-six-months-from-the-end-of-the-relevant-quarter.html#comments</comments>
		<pubDate>Mon, 01 Dec 2008 15:30:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[department of revenue]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[finance department]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[ministry of finance]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[refund application]]></category>
		<category><![CDATA[service tax notifications]]></category>
		<category><![CDATA[Service Tax Refund]]></category>
		<category><![CDATA[Tax Refund]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=713</guid>
		<description><![CDATA[NOTIFICATION NO 32/2008-Service Tax - Refund application can now be filed within six months from the end of the relevant quarter during which the said goods have been exported. earlier itwas only sixty days.the amending notification no. 32/2008-ST dated 18-11-2008 is appendedherewith for info.]]></description>
		<wfw:commentRss>http://taxguru.in/service-tax/service-tax-refund-application-can-now-be-filed-within-six-months-from-the-end-of-the-relevant-quarter.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>E-filing of Return for some more dealers under Maharashtra VAT</title>
		<link>http://taxguru.in/goods-and-service-tax/e-filing-of-return-for-some-more-dealers-under-maharashtra-vat.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/e-filing-of-return-for-some-more-dealers-under-maharashtra-vat.html#comments</comments>
		<pubDate>Wed, 10 Sep 2008 04:25:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[crores]]></category>
		<category><![CDATA[E-filing of Return]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[Mvat Notification]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[Vat]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/09/10/e-filing-of-return-for-some-more-dealers-under-maharashtra-vat/</guid>
		<description><![CDATA[Notification No. VAT/AMD-1007/ IB/Adm-6 dated 30.08.2008 the registered dealers whose tax liability during the previous year had exceeded Rs. one lakh, shall in respect of the period starting on or after 1st July 2008; the registered dealers whose entitlement for refund during the previous year had exceed Rs. Ten lakh, shall in respect of the period starting on or after 1st July 2008; ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taxpayers need not pay interest if not specified in assessment order</title>
		<link>http://taxguru.in/income-tax/taxpayers-need-not-pay-interest-if-not-specified-in-assessment-order.html</link>
		<comments>http://taxguru.in/income-tax/taxpayers-need-not-pay-interest-if-not-specified-in-assessment-order.html#comments</comments>
		<pubDate>Thu, 07 Aug 2008 11:53:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[appellate tribunal]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[Computer]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[economic times]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[income tax rules]]></category>
		<category><![CDATA[individual taxpayer]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[taxpayers]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/08/07/taxpayers-need-not-pay-interest-if-not-specified-in-assessment-order/</guid>
		<description><![CDATA[Taxpayers can take advantage of the decision of the Mumbai Bench of the Income-Tax Appellate Tribunal. The tribunal, in a recent order, held that a taxpayers need not pay interest, if the assessment order does not clearly mention the quantum of interest.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Higher TDS IF PAN no. Not disclosed to deductor</title>
		<link>http://taxguru.in/income-tax/higher-tds-if-pan-no-not-dislosed-to-deductor.html</link>
		<comments>http://taxguru.in/income-tax/higher-tds-if-pan-no-not-dislosed-to-deductor.html#comments</comments>
		<pubDate>Wed, 23 Jul 2008 06:06:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[education cess]]></category>
		<category><![CDATA[marginal rate]]></category>
		<category><![CDATA[PAN]]></category>
		<category><![CDATA[pan number]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[revenue collections]]></category>
		<category><![CDATA[surcharge]]></category>
		<category><![CDATA[tax deducted at source]]></category>
		<category><![CDATA[tax refunds]]></category>
		<category><![CDATA[tax return]]></category>
		<category><![CDATA[TDS]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/07/23/higher-tds-if-pan-no-not-dislosed-to-deductor/</guid>
		<description><![CDATA[Companies and individuals who do not reveal their Permanent Account Number (PAN) while receiving income from any source will be liable to pay tax deducted at source (TDS) at the maximum marginal rate of 30 per cent (plus surcharge and education cess). Under the Income Tax Act, 1961, any income payable to the assessee is liable for TDS by the person or entity making the payment. TDS rate ranges from 1 per cent to 30 per cent depending on the nature of income. The Central Board of Direct Taxes is considering changes to the Act to this effect.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No interest tax on lease finance company</title>
		<link>http://taxguru.in/income-tax/no-interest-tax-on-lease-finance-company.html</link>
		<comments>http://taxguru.in/income-tax/no-interest-tax-on-lease-finance-company.html#comments</comments>
		<pubDate>Fri, 18 Jul 2008 07:13:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[APPEAL]]></category>
		<category><![CDATA[appellate tribunal]]></category>
		<category><![CDATA[bench]]></category>
		<category><![CDATA[credit institution]]></category>
		<category><![CDATA[credit institutions]]></category>
		<category><![CDATA[crores]]></category>
		<category><![CDATA[finance company]]></category>
		<category><![CDATA[forms]]></category>
		<category><![CDATA[interest tax]]></category>
		<category><![CDATA[interest tax on lease finance company]]></category>
		<category><![CDATA[investment activities]]></category>
		<category><![CDATA[lease finance]]></category>
		<category><![CDATA[leasing business]]></category>
		<category><![CDATA[provisions]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[substantial earnings]]></category>
		<category><![CDATA[tax authorities]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/07/18/no-interest-tax-on-lease-finance-company/</guid>
		<description><![CDATA[Giving relief to companies engaged in leasing and financing business, the Income Tax Appellate Tribunal has ruled that they are not required to pay interest tax, applicable to other credit institutions. Since substantial earnings is made from such (lease financing) activity after employing substantial funds...the assessee would be outside the scope of charging provisions contained in the Act (Interest Tax Act).]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Three words enough to access your tax records &#8211; beware</title>
		<link>http://taxguru.in/income-tax/three-words-enough-to-access-your-tax-records-beware.html</link>
		<comments>http://taxguru.in/income-tax/three-words-enough-to-access-your-tax-records-beware.html#comments</comments>
		<pubDate>Fri, 18 Jul 2008 07:02:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[date of incorporation]]></category>
		<category><![CDATA[demat account]]></category>
		<category><![CDATA[donee]]></category>
		<category><![CDATA[financial transactions]]></category>
		<category><![CDATA[hindu undivided family]]></category>
		<category><![CDATA[income tax returns]]></category>
		<category><![CDATA[incometaxindiaefiling]]></category>
		<category><![CDATA[incorporation]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[mutual fund]]></category>
		<category><![CDATA[pan number]]></category>
		<category><![CDATA[passwords]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax deducted at source]]></category>
		<category><![CDATA[Tax Refund]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/07/18/three-words-enough-to-access-your-tax-records-beware/</guid>
		<description><![CDATA[If you are thinking of filing your income tax returns online, think twice. It is very easy for anyone to hack into your account and have access to your income tax details. All a hacker needs to know is - 1. Your name 2. Permanent account number (PAN) and 3. Your date of birth. 
 He first needs to log onto the e-filing website (www.incometaxindiaefiling.gov.in). ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax Provisions After Enacement of Finance Act, 2008</title>
		<link>http://taxguru.in/service-tax/service-tax-provisions-after-enacement-of-finance-act-2008.html</link>
		<comments>http://taxguru.in/service-tax/service-tax-provisions-after-enacement-of-finance-act-2008.html#comments</comments>
		<pubDate>Wed, 14 May 2008 05:02:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[clearing house]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[commodity exchange]]></category>
		<category><![CDATA[exporting goods]]></category>
		<category><![CDATA[finance bill]]></category>
		<category><![CDATA[information technology software]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Promoters]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Service Tax Amendments]]></category>
		<category><![CDATA[tangible goods]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[telecommunication services]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/05/14/service-tax-provisions-after-enacement-of-finance-act-2008/</guid>
		<description><![CDATA[Finance Bill 2008 stands enacted with effect May 10, 2008.  In case of transactions between Associated Enterprises, service tax is required to be paid on actual receipt of money for taxable service or on crediting / debiting the account whichever is earlier effective from May 10, 2008.  Seven new services came into effect from May 16, 2008 in the net of service tax.  ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Changes in MVAT Return Filing</title>
		<link>http://taxguru.in/goods-and-service-tax/changes-in-mvat-return-filing.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/changes-in-mvat-return-filing.html#comments</comments>
		<pubDate>Mon, 07 Apr 2008 07:31:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[Due Date]]></category>
		<category><![CDATA[forms]]></category>
		<category><![CDATA[MVAT]]></category>
		<category><![CDATA[MVAT RETURN FILING]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/04/07/changes-in-mvat-return-filing/</guid>
		<description><![CDATA[Changes in MVAT RETURN FILING - TL in Previous Year TR in previous Year Periodicity Form &#038;  Due Date Tax Liability (TL) Tax Refund (TR) 1) upto Rs. 1 lakh upto Rs. 10 Lacs Half Yearly 231/21 days 2) upto Rs. 10 lacs upto Rs. 1 crore Quarterly 231/21 days 3) More than 10 Lacs More Than Rs. 1 Crore
Monthly 231/21 days ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service tax Notification of Refund on Exports</title>
		<link>http://taxguru.in/service-tax/st-notification-of-refund-on-exports.html</link>
		<comments>http://taxguru.in/service-tax/st-notification-of-refund-on-exports.html#comments</comments>
		<pubDate>Sat, 05 Apr 2008 05:20:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[house agent]]></category>
		<category><![CDATA[ministry of finance]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[service tax notifications]]></category>
		<category><![CDATA[Service tax refund to Exporter]]></category>
		<category><![CDATA[subsidiaries]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/04/05/st-notification-of-refund-on-exports/</guid>
		<description><![CDATA[Government has issued Notification No. 17/2008-ST dated 1-4-2008, extending refund of service tax paid by exporters on three more taxable services in addition to existing 13 taxable services, which are not in the nature of "input services" but could be related to exports. · Custom House Agent service [section 65(105)(h) of the Finance Act, 1994], · Banking and other financial services [section 65(105)(zm)] in relation to collection of export bills and export letters of credit,  Commission agent service under business auxiliary service [section 65(105)(zzb) ] provided by a commission agent, located outside India subject to the conditions prescribed.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MVAT &#8211; Circular on Grant of Refunds &#8211; Bank Guarantee</title>
		<link>http://taxguru.in/government-policy/circular-on-grant-of-refunds-bank-guarantee.html</link>
		<comments>http://taxguru.in/government-policy/circular-on-grant-of-refunds-bank-guarantee.html#comments</comments>
		<pubDate>Tue, 04 Mar 2008 13:56:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Government Policy]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[clarifications]]></category>
		<category><![CDATA[compliance]]></category>
		<category><![CDATA[constitution]]></category>
		<category><![CDATA[damages]]></category>
		<category><![CDATA[department]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[maharashtra value added tax]]></category>
		<category><![CDATA[maximum period]]></category>
		<category><![CDATA[Mvat Notification]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Sales Tax]]></category>
		<category><![CDATA[section 51]]></category>
		<category><![CDATA[surety]]></category>
		<category><![CDATA[tribunal]]></category>
		<category><![CDATA[value added tax]]></category>
		<category><![CDATA[value added tax act]]></category>
		<category><![CDATA[Vat]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/03/04/circular-on-grant-of-refunds-bank-guarantee/</guid>
		<description><![CDATA[Trade Circular No. 6 T of 2008 Section 51 of the Maharashtra Value Added Tax Act, 2002 deals with grant of refunds. The corresponding Rules are Rule 60 and Rule 61 of the Maharashtra Value Added Tax Rules, 2005. The provisions of Bank Guarantee are prescribed in Rule 61. The Trade Circulars No. 33T of 2005 Dt. 21.10.2005 and 56 T Dt.23.08.2007 were issued by this office in respect of Bank Guarantee for the purpose of grant of refunds under the Maharashtra Value Added Tax Act, 2002. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Income from stock lending taxable</title>
		<link>http://taxguru.in/income-tax/income-from-stock-lending-is-taxable.html</link>
		<comments>http://taxguru.in/income-tax/income-from-stock-lending-is-taxable.html#comments</comments>
		<pubDate>Thu, 28 Feb 2008 13:48:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[applicable rates]]></category>
		<category><![CDATA[assessing officers]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[borrowers]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[claiming tax]]></category>
		<category><![CDATA[finance ministry official]]></category>
		<category><![CDATA[gains]]></category>
		<category><![CDATA[INCOME FROM STOCK LENDING]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[profits]]></category>
		<category><![CDATA[purview]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[Tax Refund]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/02/28/income-from-stock-lending-is-taxable/</guid>
		<description><![CDATA[Income generated from the business of stock-lending and sale-repurchase of shares by a borrower will be taxable. The Central Board of Direct Taxes (CBDT) has exempted stock lending/borrowing from the purview of securities transaction tax (STT) and capital gains tax Borrowers will make some payment to lenders of shares by way of interest or fees that will be income in the hands of the lender While selling the shares, borrower will not be paying any tax as the gain from such sale is not known.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Refund Service Tax on Exports Further Extended by Service Tax Notification No. 3/2008 Dated 19/02/2008</title>
		<link>http://taxguru.in/service-tax/refund-service-tax-on-exports-further-extended-by-service-tax-notification-no-32008-dated-19022008.html</link>
		<comments>http://taxguru.in/service-tax/refund-service-tax-on-exports-further-extended-by-service-tax-notification-no-32008-dated-19022008.html#comments</comments>
		<pubDate>Wed, 20 Feb 2008 14:42:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[export goods]]></category>
		<category><![CDATA[export section]]></category>
		<category><![CDATA[general insurance]]></category>
		<category><![CDATA[goods transport]]></category>
		<category><![CDATA[input services]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[insurance services]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[Service Tax Refund]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[taxable services]]></category>
		<category><![CDATA[transport agency]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/02/20/refund-service-tax-on-exports-further-extended-by-service-tax-notification-no-32008-dated-19022008/</guid>
		<description><![CDATA[Government has issued Notification No. 3/2008-ST, dated 19.02.2008, extending the scheme to refund service tax paid by exporters on taxable services, which are not in the nature of "input services" but could be linked to export of goods, to following three more taxable services:  (i) Services provided by the Goods Transport Agency in relation to transportation of export goods from the place of removal to the actual place of export i.e. inland container depot / port / airport. (Section 65[105][zzp] ),]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Presumptive tax net may expand to Include Taxi and bus fleet owners and contractors providing raw materials, electrical work and furniture in civil</title>
		<link>http://taxguru.in/income-tax-case-laws/presumptive-tax-net-may-expand-to-include-taxi-and-bus-fleet-owners-and-contractors-providing-raw-materials-electrical-work-and-furniture-in-civil.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/presumptive-tax-net-may-expand-to-include-taxi-and-bus-fleet-owners-and-contractors-providing-raw-materials-electrical-work-and-furniture-in-civil.html#comments</comments>
		<pubDate>Wed, 30 Jan 2008 10:08:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[Presumptive tax]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax compliance]]></category>
		<category><![CDATA[Tax Evasion]]></category>
		<category><![CDATA[taxation officials]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/30/presumptive-tax-net-may-expand-to-include-taxi-and-bus-fleet-owners-and-contractors-providing-raw-materials-electrical-work-and-furniture-in-civil/</guid>
		<description><![CDATA[Taxi and bus fleet owners and contractors providing raw materials, electrical work and furniture in civil construction are likely to come under the presumptive income tax net from 2008-09.An announcement in this regard is likely in the coming Budget.Presumptive tax is a procedure for computing profits of contractors that supply labour for civil construction or are in the business of plying, hiring and leasing transport for goods.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax-case-laws/presumptive-tax-net-may-expand-to-include-taxi-and-bus-fleet-owners-and-contractors-providing-raw-materials-electrical-work-and-furniture-in-civil.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IT Dept. lists refund details on website</title>
		<link>http://taxguru.in/income-tax/it-dept-lists-refund-details-on-website.html</link>
		<comments>http://taxguru.in/income-tax/it-dept-lists-refund-details-on-website.html#comments</comments>
		<pubDate>Wed, 30 Jan 2008 10:02:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[IT]]></category>
		<category><![CDATA[PAN]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/30/it-dept-lists-refund-details-on-website/</guid>
		<description><![CDATA[The Income Tax Department here has put on its website the list of income tax refunds of all salary tax payers which could not be sent to the concerned persons for want of correct address.  Salary taxpayers who have not received refunds for assessment years 20034 to 20067 can long on to the website (www.incometaxindia.gov.in (mumbai region) and query using the PAN number and assessment year whether any refund due to them has been returned undelivered from the menu `undelivered salary refund management system', an official release said on Monday.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revenue cannot ask assessee to give information about its own dues pending</title>
		<link>http://taxguru.in/income-tax-case-laws/revenue-cannot-ask-assessee-to-give-information-about-its-own-dues-pending.html</link>
		<comments>http://taxguru.in/income-tax-case-laws/revenue-cannot-ask-assessee-to-give-information-about-its-own-dues-pending.html#comments</comments>
		<pubDate>Tue, 22 Jan 2008 10:04:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[APPEAL]]></category>
		<category><![CDATA[contempt]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[refund claim]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/22/revenue-cannot-ask-assessee-to-give-information-about-its-own-dues-pending-%e2%80%93/</guid>
		<description><![CDATA[EAGERNESS to appropriate the refund claim against pending dues was best observed in the case of Birla Copper vs. CCE, Vadodara . In that case, against an order-in-original of June 2003, the assessee had obtained an Unconditional Stay from the Tribunal in the month of August 2003. Later, in the month of June 2005, the Tribunal extended the Stay by stipulating "pending disposal of the appeal". Incidentally, the matter came to be referred to the Third Member in view of difference in opinion.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is value of DEPB licence attributable to &#8216;direct cost&#8217; of trading exports?</title>
		<link>http://taxguru.in/income-tax/is-value-of-depb-licence-attributable-to-direct-cost-of-trading-exports.html</link>
		<comments>http://taxguru.in/income-tax/is-value-of-depb-licence-attributable-to-direct-cost-of-trading-exports.html#comments</comments>
		<pubDate>Wed, 09 Jan 2008 05:18:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Deduction]]></category>
		<category><![CDATA[depb]]></category>
		<category><![CDATA[ipca laboratories]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/09/is-value-of-depb-licence-attributable-to-direct-cost-of-trading-exports/</guid>
		<description><![CDATA[: IT is not only the Ministry of Commerce which is struggling to sculpt a perfect substitute for the most popular exports incentive scheme of DEPB, even the Income Tax Department has been breaking its head against multiple possibilities as to how to treat the value of DEPB. And the very same question came before the Tribunal in a recent case. The merchant exporter had computed its Sec 80HHC benefits by taking into consideration the DEPB income whereas the A.O. did not consider DEPB income as eligible for deduction u/s. 80HHC of the Act. Let' take a quick stroll through the various arguments and the recent judicial pronouncements which enabled the Tribunal to form a concrete opinion on this contentious issue.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BRITANNIA-PENSION DISPUTE-HC Decision-ICAI verdict awaited</title>
		<link>http://taxguru.in/income-tax/britania-pension-dispute-hc-decision-icai-verdict-awaited.html</link>
		<comments>http://taxguru.in/income-tax/britania-pension-dispute-hc-decision-icai-verdict-awaited.html#comments</comments>
		<pubDate>Fri, 04 Jan 2008 05:23:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[britannia]]></category>
		<category><![CDATA[chartered accountants of india]]></category>
		<category><![CDATA[ex-gratia]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[income tax dept]]></category>
		<category><![CDATA[income tax rules]]></category>
		<category><![CDATA[institute of chartered accountants]]></category>
		<category><![CDATA[institute of chartered accountants of india]]></category>
		<category><![CDATA[pension fund]]></category>
		<category><![CDATA[pension money]]></category>
		<category><![CDATA[Refund]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/04/britania-pension-dispute-hc-decision-icai-verdict-awaited/</guid>
		<description><![CDATA[HC asks Britannia to return pension money Firm had challenged an Income Tax dept show cause notice on why it withdrew such a huge amount from the employees' fund.Britannia Industries (BIL) has been asked by the Calcutta High Court to pay back the Rs 12 crore it allegedly withdrew from the company’s pension fund. BIL had recieved a showcause notice from the income tax department to explain the withdrawal in 2003.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/britania-pension-dispute-hc-decision-icai-verdict-awaited.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Professionals may get a breather with higher TDS threshold</title>
		<link>http://taxguru.in/income-tax/professionals-may-get-a-breather-with-higher-tds-threshold.html</link>
		<comments>http://taxguru.in/income-tax/professionals-may-get-a-breather-with-higher-tds-threshold.html#comments</comments>
		<pubDate>Tue, 01 Jan 2008 05:42:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[indexation]]></category>
		<category><![CDATA[Refund]]></category>
		<category><![CDATA[tax deducted at source]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[working capital]]></category>

		<guid isPermaLink="false">http://kanoisandeep.wordpress.com/2008/01/01/professionals-may-get-a-breather-with-higher-tds-threshold/</guid>
		<description><![CDATA[The Budget 2008-09 could bring some cheer to a host of self-employed professionals, like engineers and architects, with the likely increase in the threshold for tax deducted at source (TDS) for these professionals. The existing ceiling for deduction of tax at source is Rs 20,000. As per section 194J of the Income Tax Act, 1961, if the fee for professional or technical service contract undertaken by any of these professionals is more than Rs 20,000, the contract awardee has to deduct tax at the rate of 10%. The government had hiked the rate of TDS from 5% to 10%.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

