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.

Online Tracking Facility to Check Corruption in Income Tax Refunds

Posted by kanoisandeep | Saturday, November 24, 2012

ID Proofs Compulsory for Train Journey in All Reserved Classes from 1.12.2012

Posted: 23 Nov 2012 08:05 PM PST

With effect from 01.12.2012, one of the passengers booked on a ticket for undertaking journey in any reserved class will have to produce any one of the prescribed proofs of identity failing which all the passengers will be treated as travelling without ticket and charged accordingly.
 

Online Tracking Facility to Check Corruption in Income Tax Refunds

Posted: 23 Nov 2012 08:02 PM PST

Instances of alleged corruption for settlement of refund claims and complaints come to notice from time to time. Whenever any such instance or complaints comes to notice, the same is verified and if it is found to be correct, the concerned officers/officials have to face penal consequences...
 

Measures to Contain Fiscal Deficit

Posted: 22 Nov 2012 08:02 PM PST

Government has imposed economy measures like rationalization of expenditure and optimization of available resources with a view to improve macroeconomic environment. These include a ban on holding of meetings and conferences at five star hotels, restrictions on foreign travel and ban on creation of...

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