Month: August 2011
575 articlesIncome Tax

Income Tax
Income Tax Department takes Several Punitive and Deterrent Steps to Unearth Unaccounted Money And Curb Tax Evasion
Excise Duty

Excise Duty
Whether Iron and Steel structures manufactured and used captively in the factory for installation of the Sugar manufacturing plant by the assessee can be classified as capital goods under Rule 57Q of the Central Excise Rules, 1944?
Service Tax

Service Tax
Service tax is payable on Sale of SIM cards, no sales tax – even if Sales tax is wrongly paid, Service Tax is payable – Supreme Court
Corporate Law

Corporate Law
Electricity tariff is leviable at Commercial rates on Residential premises used by advocates for Commercial Activities
Income Tax

Income Tax
CBDT Committee examining Amendment required in Law to Prevent Black Money
Custom Duty

Custom Duty
16 Imported Luxury Cars Seized between April,2011 to July 2011 for evasion of duty of Rs.4.87 crores
Fema / RBI
Fema / RBI
RBI’s Monetary Policy Stance Aims to Maintain an interest Rate Environment that Moderates Inflation and Anchors Inflationary Expectation
Income Tax

Income Tax
Whether when assessee files loss return, Revenue’s appeal is not sustainable on the ground of tax effect being Nil or lower than the monetary limit fixed by the Board ?
Income Tax

Income Tax
While invoking the provisions of s 40A(2), the reasonableness of expenditure for the purposes of business has to be judged from the point of view of a businessman and not that of the revenue and after considering the nature of the business
Income Tax

Income Tax
