The Special Judge for CBI Cases, Bhopal(Madhya Pradesh) has convicted Shri Anand Singh Shah, then Tax Assistant, working in the office of Commissioner of Income Tax, Bhopal and sentenced him to undergo three years Rigorous Imprisonment with fine of Rs.20,000/- in a bribery case.
It has been decided to redesignate all Commissioner (SAG) level officers posted in the attached Directorates of CBDT as under.
As per Section 199 of the Act credit of Tax Deducted at Source is given to the person only if it is paid to the Central Government Account. However, as per Section 205 of the Act the assessee shall not be called upon to pay the tax to the extent tax has been deducted from his income where the tax is deductible at source under the provisions of Chapter- XVII. Thus the Act puts a bar on direct demand against the assessee in such cases and the demand on account of tax credit mismatch cannot be enforced coercively.
Trade Notice No.1/2015-16 Date- 1st June, 2015 The Committee (CQCTD) would look into any application for investigation of quality complaints and/or other trade disputes which are filed in the office of Zonal DGFT, Mumbai/RA Nagpur and RA Panjim in the format given in ANF 8 of Appendices and Aayaat Niryaat Forms which are duly supported by self-attested copies of relevant documents.
No new facts or material had come to the knowledge of the Assessing Officer to enable him to initiate re-assessment proceedings. All the material facts on which the Assessing Officer had based his purported reasons were available on record at the time when the original assessment order was passed.
Supreme Court Upholds Applicability of Renewable Purchase Obligation on Captive Power Plants; Order a Positive Development and will Help Renewable Energy Growth in the Country The Supreme Court order dated 13 May 2015 in the case between the Hindustan Zinc vs Rajasthan Electricity Regulatory Commission on the applicability of Renewable Purchase Obligation (RPO) regulations has […]
Brief facts are that the assessee was registered as trust on 01.02.2001.Its application for registration as a charitable trust was granted on 27.12.2001. On 30.06.2002 the assessee received the IILM Undergraduate Business School,from the Ram Krishna and Sons Charitable Trust (RKSCT).
Notification No. 27/2015-Customs (ADD) Dated- 1st June, 2015 Seeks to levy definitive anti-dumping duty on imports of Acrylic Fibre, originating in or exported from Korea RP and Thailand for a period of five years.
Notification No. 26/2015-Customs (ADD) Dated 1st June, 2015 In the matter of continuation of anti-dumping duty on “Poly Vinyl Chloride Paste Resin”, falling under Heading 3904 of the First Schedule to the Customs Tariff Act, originating in, or exported from, the European Union, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 70/2010-Customs, dated the 25th June, 2010
Notification No. 25/2015-Customs (ADD) Dated- 1st June, 2015 In the matter of continuation of anti-dumping duty on “Poly Vinyl Chloride Paste Resin”, falling under Heading 3904 of the First Schedule to the Customs Tariff Act, originating in, or exported from, Korea RP, Taiwan, People’s Republic of China, Malaysia, Thailand and Russia, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 66/2011-Customs, dated the 26th July, 2011
