Day: August 8, 2012
17 articlesIncome Tax

Income Tax
Mere fact that the asset purchased had been leased back & vendor had undertaken to pay lease charges can not per se lead to the conclusion that transaction is sham
Company Law

Company Law
Striking off of a company can only be done on companies own admission that it is defunct
Income Tax

Income Tax
Non compete fees for giving up right to carry on business is taxable as business income
Custom Duty

Custom Duty
Notification No. 68/2012-Customs (N.T.), Dated: 08.08.2012
CA, CS, CMA

CA, CS, CMA
Exemption to CA Intermediate Qualified Students from appearing in Foundation Course Examination of CMA exams
Income Tax

Income Tax
Entire unaccounted sales cannot be undisclosed income of assessee if Purchase is duly accounted
Income Tax

Income Tax
Mere suppression of turnover do not lead to taxable income in the head of Assessee
Custom Duty

Custom Duty
Custom Notification No. 68 to 73/2012-Customs (N.T.) – Appointing Common Adjudicating Authority
Income Tax

Income Tax
Reopening U/s. 147 on mere Audit Opinion is not valid
Income Tax

Income Tax
TDS not deductible by Individual & HUF if Turnover not exceeded Tax Audit Limit in preceding Financial year
Income Tax

Income Tax
Taxability of interest on Income Tax Refund
Income Tax

Income Tax
Employees’ contribution towards PF & ESI – Allowed if paid before due date of filing return
Service Tax

Service Tax
Individual truck owners not booking cargo or not issuing consignment note are, prima facie, not GTA
Income Tax

Income Tax
