Month: September 2011
428 articlesIncome Tax
Income Tax
For claiming deduction U/s. 80IA(4), twin conditions that is investment in eligible project and execution of the project by itself, are required to be satisfied
Income Tax
Income Tax
Retraction of statement made during the survey after six months merely an afterthought – ITAT Mumbai
Income Tax
Income Tax
The word ‘may’ used in the sub-sec. (2) to sec. 50C do not give discretion to the A.O. to refer or not to refer the matter to the DVO
Income Tax
Income Tax
Non-compete Fees Paid pursuance to non-compete agreement not allowable as revenue expensiture – ITAT Delhi
Goods and Services Tax
Goods and Services Tax
VAT Cir – 14T of 2011 – Waiver in respect of penalty and interest imposed on the sales made by Handmade Soap manufacturers for the period of 1st April 2005 to 31st March 2010
Income Tax
Income Tax
Tribunal can issue direction beyond the scope of the appeal for correction of error – Delhi HC
Finance
Finance
Government decides not to proceed for the time being with further public offer of 5% paid-up equity shares of ONGC through an offer for Sale
Finance
Finance
India Convenes meeting of BRICS Finance Ministers in Washington DC on September 22, 2011
Finance
Finance
MoU signed between IIFCL, LIC and IDFC with Respeect to Take Out Finance Scheme
Finance
Finance
Rural Infrastructure Development fund(IRDF) Finalised with Dedicated allocation of Rs. 2000 crore – Finance Minister
Income Tax
Income Tax
Sec. 269SS Penalty cannot be imposed if cash loan was taken to meet business needs
Income Tax
Income Tax
CA Certificate has no decisive impact on taxability of non-residents income
Income Tax
Income Tax
Claim of bad debts allowable even if debts are of the same year – ITAT Mumbai
Service Tax
Service Tax
