Follow Us:

Archive: October, 2013

Posts in October, 2013

Notification No. 26/2013-Customs (ADD) Dated: 28/10/2013

October 28, 2013 1516 Views 0 comment Print

The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette.

How to Search Companies/Directors under Prosecution?

October 28, 2013 9104 Views 1 comment Print

How to Search Companies/Directors under Prosecution Under Companies Act, 1956? MCA has recently added a facility under which a user can search the name of the Company or Directors on which prosecution is going on under the Companies Act, 1956.

How to quantify income in case of admitted accommodation entry

October 28, 2013 3418 Views 0 comment Print

The undisputed fact accepted by the assessee is that Mr. Tarun Goyal was running a racket of providing accommodation entries by floating numerous companies. The modus operandi brought out by the AO in the assessment order, is not disputed by the assessee.

Simplified Procedures for Transmission of Securities

October 28, 2013 3309 Views 0 comment Print

In case of transmission of securities in dematerialized mode, where the securities are held in a single name without a nominee, the existing threshold limit of Rs. 1,00,000 (Rupees One lakh only) per beneficiary owner account has now been revised to Rs. 5,00,000 (Rupees Five lakh only),

ITAT Has No Power to Dismiss Appeal For Non-Appearance

October 27, 2013 2678 Views 0 comment Print

Whether the Tribunal has power in terms of Rule 24 of the Tribunal Rules to dismiss an appeal before it without considering the merits of the appeal and only on the ground for want of prosecution?

Penalty under normal provisions on assessee assessed under MAT provisions not justified

October 27, 2013 6073 Views 0 comment Print

No penalty initiated under Section 271(1)(c) of I.T. Act 1961was justified for disallowance made under normal provisions when assessee was assessed under MAT provisions.

No Disallowance U/s. 40(a)(ia) if TDS paid before due date of filing IT return

October 27, 2013 9632 Views 0 comment Print

The provisions of section 40(a)(ia) as stood prior to the amendments made by the Finance Act 2010 thus were resulting into unintended consequences and causing grave and genuine hardships to the assessees who had substantially complied with the relevant TDS provisions by deducting the tax at source and by paying the same to the credit of the Government before the due date of filing of their returns u/s 139(1).

HC orders Co-Op Registrar to Prepare new panel of Auditors / Audit Firms : HC

October 26, 2013 4417 Views 0 comment Print

The challenge in this petition is to the Circular dated 6th March, 2013 issued by the 1st respondent. The said circular lays down the procedure of preparation of a panel of Auditors and Auditing firms in accordance with the third proviso to sub-section (1) (a) of Section 81 of the Maharashtra

Procedure for closure of cases of default in Export Obligation

October 26, 2013 2129 Views 0 comment Print

Provides an option for redemption/ regularisation of old cases of default in export obligation under (a) Duty exemption; and (b) EPCG Scheme. Para (d) of this Public Notice provides that necessary procedure including a system of filing required reports by the respective RAs would be indicated separately.

Notification No. 85/2013 – Income Tax Dated 25/10/2013

October 25, 2013 661 Views 0 comment Print

Notification No. 85/2013 – Income Tax S.O.3249 (E) – In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income- tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031