"January, 2013" Archive - Page 48

CPC registration date extended upto 02.04.2013 for appearing in June, 2013 CPT

Extension of Common Proficiency Course (CPC) registration date upto 2nd April, 2013 for appearing in the June, 2013 Common Proficiency Test (CPT)...

Read More
Posted Under: CA, CS, CMA |

5 year Jail Term to then ACIT Rajiv Kumar in Bribery Case

The Special Judge for CBI Cases, Mumbai has convicted Shri Rajiv Kumar, then Assistant Commissioner of Income Tax, Mumbai and sentenced him to undergo five years Rigorous Imprisonment with fine of Rs.30,000/- in a bribery case. ...

Read More
Posted Under: CA, CS, CMA |

Appointment of ACIT as DCIT vide Notification No. 1/2013

Notification No. 1/2013 - Income Tax (01/01/2013)

Notification No. 1/2013 - Income Tax The following Assistant Commissioner of Income Tax (Junior Scale) are hereby appointed to officiate as Deputy Commissioner of Income (Senior Time Scale) in the Pay Scale of Rs. 15,600-39,100 (Plus Grade Pay of Rs. 6,600/- in Pay Band-3) with effect. from the date(s) indicated against each:-...

Read More

Tax on rent from letting of property & Furniture via inseparable contract

Garg Dyeing & Processing Industries Vs Asstt Commissioner of Income Tax (Delhi High Court)

Letting out of the plant, machinery or furniture and the premises constituted a single, composite and inseparable letting is based on the tests laid down by the constitution bench of the Supreme Court in the case of Sultan Bros. (P.) Ltd. (supra)....

Read More

Income from supervisory services rendered in connection with commissioning of a power project is business income in terms of article 7 of Indo-German DTAA rws 44D & 115A

Voith Siemens Hydro Kraftwerkstechnik Gmbh & Co. KG Vs DDIT (ITAT Delhi)

There was neither any other contrary view nor the assessee brought on record any material controverting the findings of the Assessing Officer in this regard. Accordingly, the finding of the Assessing Officer that amount received by the assessee had to be taxed as business profits in terms of the provisions of Article 7 of the DTAA, read w...

Read More