Month: August 2010
527 articlesCustom Duty
Custom Duty
Duty & curbs on cotton exports to go from Oct 1
Company Law
Company Law
Assets of a company in liquidation cannot be disposed of at mere pleasure of company
Income Tax
Income Tax
S. 50C appliies only to capital gains in real estate transaction in respect to seller
Income Tax
Income Tax
Once source is proved, it is not possible to treat deposits collected from public under provisions of Companies Act as unexplained credits
Income Tax
Income Tax
In the absence of clear finding as to concealment of income furnishing inaccurate particulars, initiation of penalty proceedings will be without jurisdiction
Service Tax
Service Tax
No direct decision in favour of Revenue for levy of service tax on the service component of a works contract prior to 1-6-2007
Income Tax
Income Tax
Perpetual succession in appointment of trustee, cannot dis-entitle assessee-institution from getting registration u/s 12AA IT Act, 1961
Income Tax
Income Tax
On non-compliance with statutory condition precedent, reopening of an assessment cannot be sustained
Income Tax
Income Tax
Statement taken u/s. 133A during survey cannot have same value as evidence recorded during search u/s 132(4)
Income Tax
Income Tax
