Month: July 2012
565 articlesCustom Duty

Custom Duty
Govt imposes Anti-dumping duty on import of Soda ash
Income Tax

Income Tax
Loss created from sale / Purchase of shares through sister concerns not allowable
Income Tax

Income Tax
Full value of consideration cannot be replaced by FMV if it exceeds stamp duty value
Excise Duty

Excise Duty
Sec. 11B – Time Limit to claim refund not applies to duty paid under protest
Service Tax

Service Tax
Rail Transportation of Passengers & Goods Exempt from Service Tax for 3 Months
Income Tax

Income Tax
S. 2(47)(v) Possession need not necessarily be sole & exclusive
Income Tax

Income Tax
Addition u/s. 68 cannot be made merely because of customers incomplete address
Custom Duty

Custom Duty
If assessee exonerated, on merits, criminal prosecution on same issue cannot be allowed to continue
Excise Duty

Excise Duty
Adjudicating authority cannot reject authorization granted by approval committee in respect of input services
Fema / RBI
Fema / RBI
RBI Master Circular on Loans & Advances – Statutory & Other Restrictions
Fema / RBI
Fema / RBI
Master Circular on Disclosure in Financial Statements – Notes To Accounts
Fema / RBI
Fema / RBI
RBI Master Circular on Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977
Fema / RBI
Fema / RBI
Master Circular on Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008
Fema / RBI
Fema / RBI
