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.

Rule 7 of Point of Taxation Rules, 2011 (Accounting Treatment)

Posted by kanoisandeep | Saturday, September 22, 2012

Unsolicited Phone calls – How to Register a Complaint?

Posted: 22 Sep 2012 09:23 PM PDT

1.      If you receive any unsolicited commercial communications seven days after registration of your telephone number in the National Customer Preference Register (NCPR), you may register a complaint by: A. Dialling the toll free number 1909; or B. Sending an SMS to 1909 2.       It is important...

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Rule 7 of Point of Taxation Rules, 2011 (Accounting Treatment)

Posted: 22 Sep 2012 08:46 PM PDT

In view queries received on Rule 7 of the Point of Taxation Rules, 2011, regarding the Accounting Treatment under Reverse Charge, that if Service Receiver has not made the payment to the service provider within the period of six months from the date of Invoice, as prescribed under Rule 7 of Point...

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How to Disclose Preliminary Expenses in Revised Schedule VI

Posted: 21 Sep 2012 10:30 PM PDT

We receive lost of questions regarding disclosure of Preliminary Expenses in Balance Sheet as per Revised Schedule VI. Every one have different opinion on how to disclose the same in revised schedule VI. In our view Miscellaneous / Preliminary Expenditure should be disclosed as follows in revised...

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Processing of Investor complaints against KRA in SEBI Complaints Redress System

Posted: 21 Sep 2012 08:42 PM PDT

The salient features of this system are: • Centralised database of all complaints, • Online movement of complaints to the concerned KRA,

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SEBI – Print Grievances Redressal Mechanism on Delivery Instruction Form Book

Posted: 21 Sep 2012 08:24 PM PDT

The Depositories are advised to:- (a) make amendments to the relevant bye-laws, rules and regulations for the implementation of the above, as may be applicable/necessary ; (b) bring the provisions of this circular to the notice of their DPs and also to disseminate the same on their website.

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