Month: November 2012
360 articlesIncome Tax

Income Tax
Penalty can’t be deleted on transaction treated as sham
CA, CS, CMA

CA, CS, CMA
ICAI clarifies on Nagpur land Deal
Income Tax

Income Tax
No contravention of Rule 46A if CIT(A) sends document submitted by Assessee for Remand Report
DGFT

DGFT
Public Notice No. 32 (RE-2012)/2009-2014, Dated: 27.11.2012
SEBI

SEBI
SEBI : Inventory Management for Market Makers of SME Exchange/Platform
Income Tax

Income Tax
Addition based on mere statement of assessee recorded u/s. 132(4) not sustainable
Income Tax

Income Tax
Deduction u/s. 80-IB(iv) available where assessee was having many housing projects but ‘independence’ among them not proved
Income Tax

Income Tax
Amount paid for violation of laws not allowable despite Compounding
Excise Duty

Excise Duty
All services involving computers are not ‘information technology service’
Income Tax

Income Tax
No Penalty on voluntary admission of Assessee of taxing the income @ 8%
Income Tax

Income Tax
Addition u/s. 68 justified if creditworthiness of creditor & genuineness of transaction not proved
Income Tax

Income Tax
Payment for relinquishment of fabricated tenancy rights could not be considered in computing capital gain
Service Tax

Service Tax
Commission paid to overseas agents for export sales is an input service
Service Tax

Service Tax
