Shanthi R. Pai Vs ITO (ITAT Bangalore) AO made addition of Rs.26,79,000/- on account of cash deposits. Assesee stated that she is a home maker & her husband was employed overseas as Chartered Accountant serving overseas from 1975 to 2008. He used to send money from abroad and also invested in Term Deposits in India […]
Modi Car Agencies Pvt. Ltd. Vs State of Maharashtra (Bombay High Court) Bombay High Court sets aside 69 Assessment Orders under MVAT Act, 2002 levying MVAT on registration charges, handling charges, insurance charges and incentives collected from customers with a direction to Assessing Officer to reconsider the issue on the basis of the decision of […]
SAP Labs India Private Vs ITO (Supreme Court of India) Whether in every case where the Tribunal determines the arm’s length price, the same shall attain finality and the High Court is precluded from considering the determination of the arm’s length price determined by the Tribunal, in exercise of powers under Section 260A of the […]
Tripura Gramin Bank, Agartala, Tripura Invitation of Application for Empanelment of CA firms for Concurrent Audit, External Auditor for Revenue and Stock Audit and ERO. TRIPURA GRAMM BANK HEAD OFFICE: ABHOYNAGAR, AGARTALA,PIN-799-005 INSPECTION & AUDIT DIVISION Email: hodinsp@tripuragraminbank.co.in Mobile: 7005585375 Ref. No. TGB/HO/INSP/F.TGB CA & ERO/2023 Date: 20.04.2023 INVITATION OF APPLICATION FOR EMPANELMENT OF CA […]
ITO (TDS) Vs Hadpawat Enterprises (P) Ltd. (ITAT Jodhpur) From a plain reading of second proviso to Section 272A(2) which is inserted by the Finance Act, 2012 w.e.f. 01-07-2012, it is clear that penalty under clause (k) of Section 272(A)(2) cannot be levied on or after the 1st Day of July, 2012. In the instant […]
CESTAT Delhi held that as domestic industry doesn’t manufacture/produce colour coated coil, anti-dumping duty cannot be imposed on the same.
Learn why mere cash deposits arent enough for reopening assessments. Analysis of tangible material requirement and legal implications for accurate income evaluation.
Explore 41 FAQs on Foreign Tax Credit (FTC) and the determination of residential status in India. Learn about Form No. 67, rules, procedures, and key considerations for claiming FTC. A detailed guide for residents and non-residents.
CBIC notifies Customs Exchange rate for Import & Export with effect from 21st April, 2023 vide Exchange rate vide Notification No. 29/2023 – Customs (N.T.) Dated : 20th April, 2023.
Seeks to further amend notification No. 55/2022-Customs, dated the 31st October 2022, in order to notify Nepalgunj road as an additional LCS against condition number 1 Vide Notification No. 31/2023-Customs Dated: 20th April, 2023 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 31/2023-Customs | Dated: 20th April, 2023 G.S.R.309(E). – In exercise […]
