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Archive: 11 August 2014

Posts in 11 August 2014

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 3909 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Arrests of service provider for failing to remit Service Tax

August 11, 2014 447 Views 0 comment Print

Officers of the Commissionerate of Central Excise and Service Tax, Mangalore arrested the Managing Director of a private limited company providing storage and warehousing services at Karwar, for collecting the Service Tax of over Rs.60 lakhs from August 2011 to March 2014 and not remitting the same to the Government account.

M.P. High Court Grants Stays recovery of Demand U/s. 234E

August 11, 2014 2228 Views 0 comment Print

In the Case of Shree Builders Vs. UOI, M.P.High Court issued notice to Union of India against validity of section 234E of Income Tax Act,1961 and granted stay of demand. Case was argued by A.P.Shrivastava Advocate accompanied by Advocate Sapan Usrethe.

ICAI Clarification on High Court Order on VAT Act in State of U.P.

August 11, 2014 4488 Views 0 comment Print

ANNOUNCEMENT ON COURT VERDICT PRONOUNCED ON 6 AUGUST 2014, BY THE LUCKNOW BENCH OF THE ALLAHABAD HIGH COURT ON VAT This is with reference to the order passed by the Lucknow Bench of the Allahabad High Court in the matter of Tax Lawyers Association & Anr. v/s State of U.P. & Ors. whereby only registered […]

No absolute right of an Advocate to have appearance in any Court – Gujarat HC

August 11, 2014 5229 Views 0 comment Print

The High Court of Gujarat in a Writ Petition in the form of Public Interest Litigation between Vasava Narpat Sinh, Advocate v/s Registrar, Gujarat High Court & Ors has held that an Advocate has no absolute right to have appearance in any Court in India even after enforcement of Section 30 (Right of advocates to practice) of the Advocates Act, 1961 with effect from 2011.

For MVAT Taxpayers No “Raksha” Only “Bandhan”

August 11, 2014 2576 Views 0 comment Print

Arjuna, Raksha Bandhan means expressing love, strengthening relations between brothers and sisters. Elder should save the younger. But Sales Tax department has done opposite of this. The department instead of saving the dealer who follows the VAT laws brought Bandhan for the year 2011-12.

Population norm for Metro Rail Projects to be reduced to 10 lakhs

August 11, 2014 1172 Views 0 comment Print

Population norm for Metro Rail Projects to be reduced to 10 lakhs from the present 20 lakhs Shri M. Venkaiah Naidu and Shri Piyush Goyal dedicate DMRC’s Solar Power Plant to the Nation DMRC to scale up renewable energy use to 20 MW of solar power in 3 years Urban Development Minister Shri M.Venkaiah Naidu […]

Revenue Targets for Indirect Taxes for FY 2014-15 are Challenging but Achievable: FM

August 11, 2014 980 Views 0 comment Print

Revenue Targets in the Case of Indirect Taxes for the Current Financial Year 2014-15 are Challenging one but are Very Much Achievable: FM The Union Finance Minister, Shri Arun Jaitley said that the revenue targets in the case of indirect taxes for the current financial year 2014-15 are challenging one but are very much achievable. […]

Income Tax Inspector sentenced in Disproportionate Assets case

August 11, 2014 2368 Views 0 comment Print

Special Judge for CBI cases, Visakhaptnam has convicted Sri Lakimsetty Pulla Rao, the then Income Tax Inspector, Ward-1, Tanuku, West Godavari District (Andhra Pradesh) in a Disproportionate Assets case and sentenced him to undergo three years Simple Imprisonment with fine of Rs.20,000/-. The Special Judge further ordered to confiscate the property of the accused to […]

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