RECENT INCOME TAX CASE LAWS IN INDIA

We are Posting here on Regular Basis Recent Judgements on Direct Tax delivered by Supreme Court, High Court and Tribunals.

Enhancement in the features provided under TAN account by NSDL

Posted by kanoisandeep | Thursday, October 27, 2011

Transfer Pricing – No Penalty U/s. 271G for failure to respond to 'omnibus' notice

Posted: 26 Oct 2011 09:16 PM PDT

DCIT vs. Leroy Somer & Controls (India) (P) Ltd (ITAT Delhi) – In the penalty order passed by the AO, there is nothing to suggest as to which particular information or document was submitted by the assessee belatedly nor the exact nature...

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Enhancement in the features provided under TAN account by NSDL

Posted: 26 Oct 2011 08:19 PM PDT

This is with reference to the facilities available in your TAN account for requesting various files from the TIN central system. The procedure for online request of Consolidated TDS/TCS statements/ Form 16A/ Default file under the 'TAN...

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Yes Bank raises savings deposit rate to 6%

Posted: 26 Oct 2011 08:16 PM PDT

Private sector lender YES Bank said on Tuesday it has raised savings deposit rate for all savings accounts by 200 basis points to 6%. It has also raised base rate by 25 basis points to 10.5%, effective immediately, it said in a press release....

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