Follow Us :

Archive: 16 May 2012

Posts in 16 May 2012

MVAT Notification for Schedule D, Entry 5 and 10

May 16, 2012 1074 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby amends Schedule ‘D’ appended to the said Act, with effect from the 1st June 2012, as follows, namely :— .

MVAT – Schedule Appended to Schedule Entry D-5 & D-10

May 16, 2012 2075 Views 0 comment Print

In pursuance of the powers conferred by clause (a) of entry 5 of Schedule ‘D’ appended to the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby notifies with effect from the 1st June 2012, the areas and the period as shown in column (2) and column (3), respectively of the SCHEDULE appended herewith, to be areas and periods covered for the purpose of clause (a) of the said entry 5, namely :—

Transfers of ITAT Members (May 2012)

May 16, 2012 1739 Views 0 comment Print

Vide Order dated 11.5.2012 passed in Pursuance of the consultations of the collegiums of the Income tax Appellate Tribunal consisting of the President and two senior-most Vice-Presidents, the following Members of the Income Tax Appellate Tribunal have been transferred,

Amendment to Scheme of Authority For Advance Ruling In Case of GAAR

May 16, 2012 643 Views 0 comment Print

The Finance Bill, 2012 as passed by the Lok Sabha amends Sections 245N and 245R wef April 1, 2013. After the amendment any person (resident or non-resident) may make an application to AAR for determination by it whether an arrangement, which is proposed to be undertaken by him/it, is an impermissible avoidance agreement as referred to in Chapter X-A or not.

If facts are same then ITAT has to its follow its earlier decision

May 16, 2012 657 Views 0 comment Print

The assessee is a company engaged in management consultancy, implementation of internal controls, system audits, arranging finance from financial institutions and financing and advisory services in the capital markets. It is also doing NBFC business and is a Non-banking Finance Company registered with the Reserve Bank of India and is engaged in financing business sine 1986. During the impugned assessment year it disclosed long-term capital gain of Rs. 43,16,233/- along with short-term capital gain of Rs. 13,21,932/- (STT paid) and STGS of Rs. 19,865/-.

CA student Commit Suicide on failure in Exam

May 16, 2012 3599 Views 0 comment Print

A girl student allegedly committed suicide by hanging herself with a ceiling fan after she remained unsuccessful in Chartered Accountant (CA) exams in Kathua district of Jammu and Kashmir.

Merely because there was no evidence of denial or rebuttal, the plaintiff’s case could not be held to have been proved

May 16, 2012 14222 Views 0 comment Print

High Court was legally justified in setting aside the judgement and decree of the trial court and allowing the appeal to the limited extent of remanding the matter to the trial court for a de-novo trial after permitting the defendant-respondent to file the written statement. The appeal consequently stands dismissed.

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031