Day: January 12, 2013
17 articlesIncome Tax

Income Tax
Monetary limit u/s. 10(23C)(iiiad) applies to educational institute, not to society running them
Excise Duty

Excise Duty
Stay against CBEC’s Circular on recovery of confirmed demand during pendency of stay application
Income Tax

Income Tax
Deduction u/s. 10A to be allowed before set off of brought forward unabsorbed losses against current year profits
Income Tax

Income Tax
Credit is to be allowed in respect of TDS made on higher amount of reimbursement than actually offered to tax
Corporate Law

Corporate Law
Even in absence of separate proceeding alleging unfair, monopolistic or restrictive trade practice, an application for compensation u/s. 12B of MRTP Act is maintainable
Income Tax

Income Tax
Addition not justified merely on the basis of discrepancy in TDS certificate
Income Tax

Income Tax
No addition for difference in income as per profit and loss account & TDS certificate
Income Tax

Income Tax
Assessee eligible for deduction U/s. 80IB(10) on SRA project developed under scheme of State Government duly notified by CBDT
Income Tax

Income Tax
Reversal of Interest on NPA by NBFC to comply with RBI’s direction cannot be questioned
CA, CS, CMA

CA, CS, CMA
CA Final & CPT Result Likely on 21st January, 2013
Income Tax

Income Tax
AAR cannot be approached for a ruling only on a part of a transaction
Service Tax

Service Tax
Direct Sales Association/Agents (DSA) of Banks taxable under ‘Business Auxiliary Services’
Company Law

Company Law
CLB Chairman cannot transfer a case from one Regional Bench to another
Income Tax

Income Tax
