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.

Service tax on transport of passengers by Air – Draft circular

Posted by kanoisandeep | Sunday, September 30, 2012

Service tax on transport of passengers by Air – Draft circular

Posted: 29 Sep 2012 08:25 PM PDT

Issue (a) : Whether service tax of 4.944% (60% abatement) will apply to related charges such as reconfirmation fee, upgrade fee, date change, additional collection, etc., levied by airlines to passengers?

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Cenvat Credit on Advances towards provision of taxable service

Posted: 29 Sep 2012 11:16 AM PDT

Input service is defined in Rule 2(l) of Cenvat Credit Rules, 2004 as service used by the manufacturer or service provider. Wherever the word "input service' appears in Cenvat Credit Rules, it would connote the meaning as input service used. Being so, Service Tax on advances, inasmuch as it relates...

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Analysis of Rule 3 of Point of Taxation Rules, 2011

Posted: 29 Sep 2012 11:00 AM PDT

The purpose of presenting this article to the various members is to provide the clarity on the issue regarding the booking of income (without raising invoice to the respective parties) at the end of the financial year say March 2012 and the applicability of Service Tax on this income. In other...

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Income Tax e-Filing Helpline Numbers

Posted: 29 Sep 2012 10:45 AM PDT

. For any query relating to e-filing of Income Tax Return, please call 18001801961 or   08026500025. . For any query regarding status of e-filed return and ITR-V please call 18004252229.

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