Department is looking forward for GST and field formations have been instructed to adjudicate pending cases as early as possible, a new bunch of litigations started propelling in the form of rejecting the S B Cess refunds. May the CBEC issue instructions in this regard to in the form of clarification to settle things right.
In this case on the applicability of VAT Rate under Bombay Sales Tax Act, 1959 it was held by Bombay High Court that Tribunal was justified in holding that the bearings sold by the Applicant were covered by Entry C-II-146 of the Bombay Sales Tax Act, 1959 and not by Entry C-II102(2) as auto parts and C-II135 as tractor parts read with Entry A-35 of the Notification issued under Section 41 of the Bombay Sales Tax Act, 1959.
ITAT held that amount surrendered by way of investment in the unrecorded stock of rice has to be brought to tax under the head business income. It Further held that Only real income can be taxed, hypothetical income cannot be taxed nor income can be taxed in vacuum.
All wages shall be paid in current coin or currency notes or by cheque or by crediting the wages in the bank account of the workman:
A hospital attached to a Medical College can be treated as a building used for educational purposes only when medical relief offered in said hospital is free of cost.
Our Government under the unparalleled, dynamic and visionary leadership of the Prime Minister Shri Narendra Modiji is making relentless efforts to achieve its motto of ‘Sabka Sath Sabka Vikas’. ‘Sabka Sath’ envisages ‘Antyodaya’, where the empowering rays of opportunity reach the most deprived people i.e. the poor, marginalised and other vulnerable sections of the society.
Promulgation of Defence of Procurement Policy (DPP)-2016 was the first step towards making fundamental changes in the way weapons platforms are acquired in India.
Procedure for dealing with shipping bill copies consequent to doing away of Exchange Control Copy and Export Promotion Copy of shipping bill
Members from trade exporting goods in Refrigerated containers have again requested for reconsideration of Public Notice 174/2016 dated 15.12.2016 & Public Notice No. 03/2017, dated 09.01.2017, wherein it was clarified that:
Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for purchase of dwelling house/flat or construction of dwelling house/acquisition of site.
