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.

Whether Excess Collection Of CST Can Be Forfeited?

Posted by kanoisandeep | Saturday, July 13, 2013

Posted: 12 Jul 2013 07:24 PM PDT
CA Pritam Mahure Please find attached 6th Edition of the pdf book on Service Tax (incorporating changes upto 1 July 2013) . The book contains:   - Forewords by Shri V K Garg (Joint Secretary, TRU) - Amended Service Tax legal provisions - Notifications, Circulars, Orders, extracts of Budget Speech,...
Posted: 12 Jul 2013 06:35 PM PDT
Substantive law and procedural law are the two main categories within the law. Substantive law refers to the body of rules that determine the rights and obligations of individuals and collective bodies. Procedural law is the body of legal rules that govern the process for determining the rights of...
Posted: 12 Jul 2013 06:28 PM PDT
Independent audit report is given to the shareholders of the company which is independent of the management. Audit Report is the communication to the shareholders by which an auditor expresses his opinion about the financial statement of the company audited by him. Audit report is an important...
Posted: 12 Jul 2013 06:18 PM PDT
Dr. Sanjiv Agarwal Service Tax is applicable on sale or supply of food stuff in air-conditioned restaurants whether or not part of any hotel. Even the eating joints in air-conditioned malls and eateries like Pizza Hut, Mc Donald's, Coffee Cafe day etc are also liable to Service Tax on supply...
Posted: 11 Jul 2013 09:55 PM PDT
Shri Jesudasu Seelam, Minister of State (Revenue), Ministry of Finance said that the Government of India is keen to provide a suitable mechanism for resolution of tax disputes between the tax department and foreign companies operating in India. In this direction, he said that the Government...
Posted: 11 Jul 2013 09:49 PM PDT
The Special Judge for CBI Cases, Coimbatore has convicted Shri N.Gopalsamy, then Income Tax Officer and Shri C.U.Ashokan, Income Tax Inspector, Tirupur and sentenced them to undergo two years Rigorous Imprisonment in a bribery case.
Posted: 11 Jul 2013 09:38 PM PDT
Nutrition is the pre-requisite of beauty. There is peaceful co-existence of Allopathy with Ayurveda, Yoga, Siddha and Sowa-Rigpa in our country.Union Minister of Health & Family Welfare, ShriGhulamNabi Azad said this in New Delhi today. Addressing the 12thConvocation of the VLCC Institute of...
Posted: 11 Jul 2013 12:01 PM PDT
Notification No.74/2013-Customs (N.T.) New Delhi, dated the 12th July, 2013 G.S.R.—– (E). - In exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations further to amend the...

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