Day: February 25, 2011
90 articlesExcise Duty

Excise Duty
Cenvat credit – Conditions for availing benefit under Notification No. 8/2003-CE dated 1-3-2003
Income Tax

Income Tax
Appellate Forums while reversing orders of AO are legally bound to dwell upon specific reasons assigned by AO for not accepting explanation of assessee that statement made by him u/s 132(4) was obtained under coercion and duress
Finance

Finance
Bill Likely to Relax Rotation of Auditors
Income Tax

Income Tax
Vanita Vishram Trust vs. CCIT (Bombay High Court)
Income Tax

Income Tax
India-Singapore DTAA- Technical services provided offshore do not require any deduction of tax at source
Income Tax

Income Tax
Making wrong claim is not concealment or furnishing of inaccurate information
Excise Duty

Excise Duty
Cenvat Credit – To avail credit lawfully, raw material, on which same is sought to be availed, must be utilized in manufacture of final dutiable product and credit earned thereon should also be utilized for payment of duty on final product
Income Tax

Income Tax
Section 127 mandates that assessee must be given a reasonable opportunity of being heard while exercising power to transfer cases
Income Tax

Income Tax
There is no provision in section 148(1) stating that after objection is received, a detailed order of rejection has to be passed before passing final order of reassessment
Income Tax

Income Tax
Proceedings u/s 163 are only intended to ensure that a person can be regarded as a representative assessee only on existence of certain conditions
Finance

Finance
Limitation to proceed U/s. 13 (2) & 13 (4) of SARFAESI Act, 2002?
Income Tax

Income Tax
No disallowance can be made in case of payment to non-residents in view of Article 26(3) of the DTAA between India and the USA
Income Tax

Income Tax
Interest on Non Performing Assets which is doubtful of recovery, taxable on receipt basis
Income Tax

Income Tax
