Day: February 2, 2013
21 articlesGoods and Services Tax

Goods and Services Tax
MVAT – TCS by certain Authorities u/s. 31A, in respect of Excavation of Sand
Company Law

Company Law
SEBI have no jurisdiction in the matter related to issue of shares by unlisted companies
Income Tax

Income Tax
Reassessment not justified if assessee had proved its stand during original assessment
Income Tax

Income Tax
Reopening of assessment on the basis of investigation report is valid
Income Tax

Income Tax
Validity of Assessment U/s. 153A can’t be challenged on hardship ground
Income Tax

Income Tax
Stitching charges from Local sales, not eligible for exemption u/s. 10B
Income Tax

Income Tax
Sale transaction through banking channels can’t be doubted for non-submission of ID proof of buyers
Service Tax

Service Tax
Taxability of refundable membership deposits under ‘club or association service’
Income Tax

Income Tax
S. 40A(3) Cash Payment allowable if necessary to ensure smooth functioning of business
Service Tax

Service Tax
ST paid on commission on sale of final product is eligible for input service credit
Fema / RBI

Fema / RBI
Firm or ‘firm name’ is merely a compendious description of all the partners collectively
Fema / RBI

Fema / RBI
Charges under FERA provisions can be framed on the basis of statement of co-accused
Company Law

Company Law
Legal formulations cannot be divorced from the fact situation of the case
Income Tax

Income Tax
