Income Tax : Learn all about the Income Tax Appellate Tribunal. Find out about appealable orders, time-limits, and the composition of the Tribu...
Income Tax : It is often seen that some Appellate orders in Vat/Income Tax/Excise/Service Tax are accepted by the Administrative Authorities wh...
Income Tax : The Income-tax department can tax even a payment made to a foreign entity outside India, if the transaction has a business connect...
Income Tax : The Mumbai Bench of the Income-tax Appellate Tribunal (‘Tribunal’) in the case of T Two International Pvt. Ltd., Tara Jewels E...
Income Tax : The Supreme Court will decide whether the interest paid on overdues to the Department of Telecom (DoT) can be treated as operating...
Income Tax : The government is likely to challenge the Income Tax Appellate Tribunal ruling on Bofors case in the Delhi High Court for its rema...
Income Tax : the following Members of the Tribunal are hereby transferred in public interest, in the same capacity, to the Bench/es of the Inco...
Income Tax : Concerned over Rs 38,000 crore in tax revenue being locked up in legal disputes, Finance Minister Pranab Mukherjee today asked the...
Income Tax : Over Rs 12,000 crore in tax demands was locked on account of disputes, pending resolution at various courts, as on June 30, 2010, ...
Income Tax : In the cited case, ITAT held that the Assessing Officer does not have power to embark upon the fresh enquiry with regard to the en...
Income Tax : In case of JCIT vs. Riddhi Siddhi Gluco Biols Ltd. The Ahmedabad tribunal has held that Interest free funds available with assess...
Income Tax : In case of ITO VS. M/s.Testree Solutions Pvt. Ltd, ITAT Bangalore held that the export proceeds received after the expiry of the p...
Income Tax : In the case of DCIT vs. M/s. Vaghasia Associates, ITAT Ahmedabad held that merely because some estimated labour payment was writte...
Income Tax : In case of ACIT vs. M/s. Prasad Machinery Pvt. Ltd. (ITAT Ahmedabad) assessee was owner of factory building. It allotted certain ...
Income Tax : CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, ...
CLOSE on the heels of the voluntary retirements of a dozen officers two months ago, another set of officers from the Indian Revenue Service (IRS), the finance ministry’s arm for collecting direct taxes, have put in their papers. Many of the officers, it is learnt, are likely to take up more lucrative posts with the private sector, sooner or later.
The Department of Legal Affairs, Ministry of Law & Justice has invited applications for the posts of Judicial Members and Accountant Members in the Income Tax Appellate Tribunal. There are 22 vacancies for the post of Judicial Member while there are 13 vacancies for the post of Accountant Member.
The following Benches will not function during the period 10.08.2009 to 13.08.2009:-“A1”, “B1”, “E1”, “J” & “WT”The cases are adjourned to respective dates. Please see seprete NoticeSd/-(M.A. Bakshi)Vice President(M)Mumbai, Dated : 06.08.2009
