The Hon’ble Karnataka HC in the above cited case held that there must be a direct nexus between the material coming to the notice of the Income-Tax Officer and the formation of his belief that income has escaped assessment.
Notification No. 73/2015 – Income Tax Dated- 24th August 2015 Jurisdiction of Additional Commissioners of Income-tax or the Joint Commissioners of Income-tax under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
NOTIFICATION NO. 45/2015-Customs (ADD), Dated: August 24, 2015 Seeks to impose anti-dumping duty on the imports of Phosphoric Acid of all grades and all concentration (excluding Agriculture or Fertilizer grade), originating in or exported from Korea RP for a period of five years.
Notification No. 72/2015 – Income Tax Income Tax Notification No. 72/2015 new Dated: 24-8-2015 The Press Trust of India Limited, New Delhi, notified as a news agency for the purposes of Section 10(22B) of the Income-tax Act, 1961 for the A.Y. 2016-17 to 2018-19
FACE To FACE With the Ministry of Finance, Government of India WORKSHOP ON the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 26th August, 2015 (4.30 PM to 7.00 PM) at ICAI Tower, Plot no. C40, G Block, BandraKurla Complex, Bandra (East), Mumbai As the members are aware, the Black […]
Export of onion for the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price (MEP) of US$ 700 F.O.B. per Metric Ton or as notified by DGFT from time-to-time.
Punjab & Haryana High Court held In the case of Harish Ahuja vs. CIT that in this case AO was not in position to verify the proper Gross profit rate because the assessee has not maintained the stock register.
