JVS Export vs. DCIT (Madras High Court) As per dictum laid by Hon’ble Supreme Court in GKN Driveshafts (India) Ltd. Vs. Income Tax Officer and Others, (2003) 259 ITR 19 that pursuant to the notice issued by the assessing officer, he is bound to consider the objections of the parties
Date for payment of Central Excise duty and Service Tax for November 2015 in the Union Territory of Puducherry (except Mahe & Yanam) extended to 20th December 2015 while the date of filing of the Central Excise return for November 2015 extended to 31st December 2015. For all Central Excise and Service Tax assessees in […]
Notification No. 991/2015 – Income Tax G.S. R. 991(E).—In exercise of the powers conferred by the proviso to article 309 of the Constitution and in Supersession of the Ministry of Finance, Department of Revenue, Income Tax Department (Group C Post), Recruitment Rules, 2003 relating to Notice Server except as respects things done or omitted to be done before such supersession, the President herby makes the following rules
Exposure Draft issued by IASB on Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Proposed amendments to IFRS 4) is for comment only. Comments on the Exposure Draft need to be received by January 8, 2016. The International Accounting Standards Board (the Board) published for public comment proposals to amend the existing insurance […]
The Company Law Board is already uploading the final orders passed by the Hon’ble Benches and daily/monthly cause list of all the Benches on its website namely www.clb.gov.in . In this process, to make the Company Law Board further paper Less, to bring transparency in the working of CLB and to facilitate the stakeholders, it has been decided to upload the certified copies of the Interim Orders passed by the Principal Bench & New Delhi Bench on the Company Law Board web site namely www.clb.gov.in w.e.f. 1st January, 2016.
No. F.3(25)/Fin(Rev-I)/2015-2016/dsvi/954 Provided that in case of following goods, the tax credit shall be reduced by 100 percents: (i) Un-manufactured tobacco, tobacco and tobacco products in all forms such as cigarettes (irrespective of form and length), chewing tobacco, gutkha, cigars, hooka tobacco, khaini, zarda, surti, bidis etc.;
F. No. 390/Misc./67/2014-JC The matter relating to the large number of appeals pending/ filed in the CESTAT/ High Court has been a matter of concern in this regard it has been decided to withdraw cases pending in High Court/ CESTAT, where Supreme Court has decided on an identical matter and the decision has been accepted by the Department.
Date for payment of Central Excise duty for November 2015 in the Union Territory of Puducherry (except Mahe & Yanam) extended to 20th December 2015 vide Notification No. 26/2015-Central Excise (N.T.) dated the 18th December, 2015.
Order No. 02/2015-Central Excise – CBEC extends the date of submission of, Form ER-1, ER-2, ER-6 for the clearances in the month of November, 2015 from 10th of December, 2015 to 31st of December, 2015 and Form ER-4(Annual Financial Information Statement) from 30th of November, 2015 to 31st of December, 2015, for the assessees in the Union Territory of Puducherry (except Yanam and Mahe) due to natural calamity of rains and flood.
Date for payment of Service Tax for November 2015 in the Union Territory of Puducherry (except Mahe & Yanam) extended to 20th December 2015 vide Notification No. Notification No. 27/2015-Service Tax, dated-18.12.2015.
