Excise Duty : Section 4A of Central Excise Act, 1944 empowers Central Government to specify goods on which duty will be payable based on 'retail...
Income Tax : ITAT Delhi held that availment of web hosting services do not constitute royalty or FTS and hence payments made thereof for such s...
Excise Duty : CESTAT Ahmedabad held that Medicament Supplies to Government Hospitals and Institutional Buyers shall be valued in terms of Sectio...
Income Tax : M/s Maitri Developers Vs ITO (ITAT Mumbai)- Project completion method is well recognised method as per AS-7. Under project complet...
Corporate Law : NOTIFICATION NO. S.O. 198(E), DATED 31-1-2011 The Central Government makes the following amendment in the English version notifica...
Corporate Law : Whereas M/s. Omnibus Industrial Development Corporation of Daman and Diu and Dadra and Nagar Haveli Limited, had proposed under se...
Corporate Law : NOTIFICATION NO. S.O.3043(E), DATED 24-12-2010- the Central Government is satisfied that requirements under sub-section (8) of sec...
Corporate Law : NOTIFICATION NO. S.O.3043(E), DATED 24-12-2010- Central Government is satisfied that requirements under sub-section (8) of section...
ITAT Delhi held that availment of web hosting services do not constitute royalty or FTS and hence payments made thereof for such services are not chargeable to tax in India. Accordingly, TDS not deductible on the same.
CESTAT Ahmedabad held that Medicament Supplies to Government Hospitals and Institutional Buyers shall be valued in terms of Section 4 and not Section 4A of the Central Excise Act, 1944.
M/s Maitri Developers Vs ITO (ITAT Mumbai)- Project completion method is well recognised method as per AS-7. Under project completion method entire project as a whole is to be seen and hence transfer of some flats via registration is not conclusive of the year in which the income attributable to the project is to be taxed. Completion certificate is also not conclusive of the fact that the project was completed when the facility of drinking water shows it otherwise.
NOTIFICATION NO. S.O. 198(E), DATED 31-1-2011 The Central Government makes the following amendment in the English version notification of Ministry of Commerce bearing number S.O. 11(E), dated 4th January, 2011 constituting approval committee for the sector specific Special Economic Zone for information technology and information technology enabled services at Village Koorgally, District Mysore in the […]
Whereas M/s. Omnibus Industrial Development Corporation of Daman and Diu and Dadra and Nagar Haveli Limited, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for information technology and information technology enabled services at Kharadpada, Naroli in the Union Territory of Dadra and Nagar Haveli;
NOTIFICATION NO. S.O.3043(E), DATED 24-12-2010- the Central Government is satisfied that requirements under sub-section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under sub-section (10) of section 3 of the said Act for development operation and maintenance of the sector specific Special Economic Zone for at District – Gurgaon in the State of Haryana on 26th July, 2007 and 27th February, 2009;
NOTIFICATION NO. S.O.3043(E), DATED 24-12-2010- Central Government is satisfied that requirements under sub-section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under sub-section (10) of section 3 of the said Act for development operation and maintenance of the sector specific Special Economic Zone for at District – Gurgaon in the State of Haryana on 26th July, 2007 and 27th February, 2009;
Section 4A of Central Excise Act, 1944 empowers Central Government to specify goods on which duty will be payable based on ‘retail sale price’. The basic requirements for levy under MRP based Valuation is that the goods should be covered under provis
