Month: January 2013
476 articlesIncome Tax

Income Tax
S. 54F benefit available even on Value exceeding actual consideration due to deemed fiction U/s. 50C
Income Tax

Income Tax
Amount disallowed u/s. 40(a)(ia) not eligible for deduction u/s. 80IB
Income Tax

Income Tax
Assessee entitled to relief U/s. 91 in respect of tax paid in Bhutan on income earned in Bhutan
Income Tax

Income Tax
Reassessment not justified if no failure by petitioner to disclose truly & fully all material facts
Income Tax

Income Tax
Looted amount of Assessee recovered from Police after completion of Search operations cannot be taxed under block assessment
Income Tax

Income Tax
Penalty to be set aside if revenue accepts that Assessee is eligible for immunity u/s. 271(1)(c) although he is not eligible
Custom Duty

Custom Duty
CBI raids premises of four Customs officials in bribery case
Service Tax

Service Tax
No Service tax on Services Received in India from Outside India prior to introduction of s. 66A wef 18-4-2006
Excise Duty

Excise Duty
DGCEI in Chennai detects Tax Evasion of Rs.362.45 Crores
Excise Duty

Excise Duty
