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If transactions are at ALP no further income can be said to be attributable to assessee in India from PE

June 19, 2017 1923 Views 0 comment Print

Assessee- company was engaged in business of broadcasting of sports channel, namely Ten Sports across globe, including India. Its subsidiary (Taj India) was appointed as exclusive distributor of TV Channel Ten Sports to cable operators and other permitted systems on principal-to-principal basis.

The Meghalaya Goods And Services Tax Act, 2017

June 19, 2017 1215 Views 0 comment Print

THE MEGHALAYA GOODS AND SERVICES TAX ACT, 2017An Act to make a provision for levy and collection of tax on intra- State supply of goods or services or both by State of Meghalaya.

Why BCCI not been made Public Authority Under RTI Act?: CIC

June 16, 2017 1425 Views 0 comment Print

Central Information Commissioner, Prof. M Sridhar Acharyulu, in the case of Subhash Chandra Agrawal Vs. PIO, Department of Sports, declared the BCCI to be a public authority and directed the Board to disclose information sought by the RTI applicant.

Donation to uplift living condition of manual scavengers form part of Corpus despite no specific instruction

June 16, 2017 1080 Views 0 comment Print

The issue is one, namely, whether the assessee was entitled to claim benefit of section 11(1)(d) of the Income Tax Act,1961 with respect to Government grant of Rs. 8.97 crores received during the assessment year in question.

Vessel sharing agreements on liner shipping outside CCI purview for 1 Year

June 16, 2017 867 Views 0 comment Print

Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017

Anti-dumping duty on Clear Float Glass of nominal thickness

June 16, 2017 2343 Views 0 comment Print

(a) Seeks to impose anti-dumping duty on Clear Float Glass of nominal thickness ranging from 4mm to 12 mm (both inclusive produced and exported by M/s Tariq Glass Industries Ltd, Pakistan, originating in or exported from the Pakistan. (b) Seeks to rescind the Notification No. 53/2015-Customs (ADD), dated the 30th October, 2015.

Uncertainties and Unintended levies under GST

June 16, 2017 7920 Views 2 comments Print

Under Service tax, Section 69(1) of the financial Act 1994 specifies that only persons who are liable to pay Service tax were liable to get themselves registered. under GST, The whole scenario has changed.

Notice by affixture to avoid expiration of time limit to serve notice is invalid

June 16, 2017 2217 Views 0 comment Print

The inaction or delay on the part of the assessing officer in issuing notice under section 143(2) of the Act cannot be a ground to straightway effect service by affixture.

Draft Notification on foreign company resident in India U/s. 115JH

June 15, 2017 1788 Views 0 comment Print

CBDT invites comments and suggestions on the Draft Notification in respect of foreign company said to be resident in India under Section 115JH of the Income-tax Act, 1961

Maharashtra Goods and Services Tax Act, 2017

June 15, 2017 20115 Views 0 comment Print

In pursuance of clause (3) of article 348 of Constitution of India, following translation in English of Maharashtra Goods and Services Tax Act, 2017 (Mah. Act No. XLIII of 2017), is hereby published under authority of Governor.

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