"11 August 2014" Archive

Arrests of service provider for failing to remit Service Tax

C.No. PV/06/90/2013-14 SPV Cell 11/08/2014

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. ...

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

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 […]...

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Posted Under: Service Tax |

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

Vasava Narpat Sin H(Advocate) & Anr Vs Registrar Gujarat High Court & Ors. (Gujarat High Court At Ahmedabad)

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 ...

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For MVAT Taxpayers No “Raksha” Only “Bandhan”

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....

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

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 […]...

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Posted Under: Service Tax |

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

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. [&helli...

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Posted Under: Service Tax |

Income Tax Inspector sentenced in Disproportionate Assets case

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 th...

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Posted Under: Service Tax |

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