Day: October 3, 2012
14 articlesCompany Law
Company Law
MCA urges to expedite filing of Balance Sheet & Annual Return
Service Tax
Service Tax
Service Tax on Transportation of Parcel Traffic (Leased or Non-Leased) by Rail from 1st October 2012
Company Law
Company Law
Issue of shares to reduce shareholding of petitioner shareholder-company after removing its directors without any notice is per se oppressive
Income Tax
Income Tax
Stay application cannot be rejected without giving reason for the same
Income Tax
Income Tax
Validity of penalty imposed u/s 271(1)(c ) for disallowance of expenses u/s 35D
Income Tax
Income Tax
If Quantum Appeal admitted by Court, penalty proceedings u/s 271(1)(C ) may be kept in abeyance till decision of Court on merits
Income Tax
Income Tax
Low Tax Effect Circular not applies to pending appeals – Karnatka HC
Income Tax
Income Tax
No addition for shortage in excisable goods if no discrepancy found by Excise Authorities
Income Tax
Income Tax
Reopening on the basis of information of accommodation entries justified
Income Tax
Income Tax
Business Expense not deductible against rent income in the absence of business activity
Income Tax
Income Tax
Interest income linked with power plant set up is capital receipt not revenue receipt
Income Tax
Income Tax
S. 263 CIT can revise AO’s order of taxing receipt as ordinary income instead of taxing it u/s. 44BB
Income Tax
Income Tax
Inclusion of ‘closing amount of Modvat’ in closing stock without modifying figures of purchases, sales & opening stock not justified
Income Tax
Income Tax
