We have considered the rival submissions of the parties and perused the relevant material available on record. It is undisputed fact that the department allowed the similar amortization of BOT Project expenditure in the earlier assessment year under scrutiny assessment under section 143(3) of the Act.
The respondent assessees are the manufacturer of motor cars, i.e. Fiat Uno model cars. The assessees had filed several price declarations in terms of Rule 173C of the Central Excise Rules, 1944 declaring wholesale price of their cars for sale through whole sale depots during the period commencing from 27.05.1996 to 04.03.2001.
The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette.
Whereas, the designated authority vide notification No. 15/23/2013-DGAD, dated the 19th December, 2013, published in Part I, Section 1 of the Gazette of India, Extraordinary
therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the said Customs Tariff Act and in pursuance of rule 23 of the said rules
Notification No.GSR 22(E)-Income Tax The President of India is pleased to give his assent to the creation of Directorate of Income Tax (Risk Assessment), Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, with immediate effect. 2. The Directorate of Income Tax (Risk Assessment) will be headed by a Director General of Income Tax who will be an officer of the rank of Chief Commissioner of Income Tax and will be located in New Delhi.
It is clarified that where the liability sought to be converted by the company is denominated in foreign currency as in case of ECB, import of capital goods, etc. it will be in order to apply the exchange rate prevailing on the date of the agreement between the parties concerned for such conversion.
CA Sandeep Kanoi ICAI has declared the Result of Chartered Accountancy Final Examination held in November 2013 on Wednesday 15th January 2014. Of the 32,536 candidates (both groups) who appeared for the final exam, the number of those who passed both groups in this attempt stood at only 1013, resulting in a pass percentage of […]
After analysis what I found that beside my course subject and articleship I mainly discuss about movies, cricket, football, about girls and so on. And I think same might be the case in all of you friend. Recently I completed GMCS-I program of ICAI and I came to know that all these are a bit […]
Please find below the Notification No. 03/2014 dated January 16, 2014 containing the Rates of Exchange applicable from January 17, 2014.
