Month: February 2011
602 articlesIncome 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
Capital gains arising from transfer of the Development right to attract the provisions Section 50C of the Act
Income Tax
Income Tax
