Month: October 2012
423 articlesIncome Tax

Income Tax
Full value of consideration cannot be substituted by market value unless there is a proof for extra consideration
Income Tax

Income Tax
TDS u/s. 194C on payments to agents of truck-owners?
Income Tax

Income Tax
Defects in Block Assessment notice can’t vitiate its validity, if assessee participates in proceedings
Income Tax

Income Tax
Search Assessment cannot be reopened u/s. 147 on the basis of same material
CA, CS, CMA

CA, CS, CMA
Clarification for applicability of Revised Schedule VI to December 2012 CMA Examinations
Income Tax

Income Tax
If donation receipts are in department’s custody, no addition can be made u/s 68 being an anonymous donation
Income Tax

Income Tax
TPO cannot reject data provided by Assessee unless the same are inadequate
Income Tax

Income Tax
If income is not chargeable to tax in India, tax is not required to be deducted u/s 195(1)
Income Tax

Income Tax
In case of Pvt Company Department can recover only Tax from Director not the Interest & Penalty
Corporate Law

Corporate Law
Trust deed is to be treated as settlement deed & would be chargeable to stamp duty
Corporate Law

Corporate Law
LLPs to File Form-8 by 30th October-2012
Service Tax

Service Tax
Adjudication authority can condone in filing of Service tax refund claim
Excise Duty

Excise Duty
Payment out of Credit or PLA – Rule 8(3A) not applies to payments to be made under rule 6(3)(b)
Income Tax

Income Tax
