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FM hopeful of realizing 10% GDP growth in current fiscal; FM says Govt keen to use forex for infrastructure; AAI to upgrade Chennai Airport; |
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| Dear Member, Sending you the following files: |
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it07cir04.doc + shares story.doc Distinction between shares held as stock-in-trade and investment : CBDT puts onus on assessees and asks AOs to follow total effect of all principles; Income Tax - An amount set apart for construction of molasses storage tank in molasses reserve fund as per Molasses control order not to be included in the total income - Revenue's appeal dismissed; |
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Interest on interest for delayed refund - matter remanded to the Commissioner (Appeals) to give his finding.;
SERVICE TAX SECTION ST - Advertising service - The assessee undertakes the activity of painting advertisement material on the roadside walls and shutters - Pre-deposit waiver granted;
CUSTOMS SECTION CBEC hikes tariff value for import of brass scraps of all grades; 2007-TIOL-794-CESTAT-AHM.doc + vessel story.doc Demand of duty on remnant of vessel, which is a cement packing plant, as a ship under tariff heading 8901 is incorrect; Customs - denial of exemption of SAD on the ground that the goods were sold at a place where the local sale tax is exempted - In view of the earlier CESTAT order in favour of the appellant, the appeal is allowed.; |
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Aurobindo receives FDA Approval for Cefpodoxime proxetil; Yes Bank, Reuters tie-up for electronic forex trading; |
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| Regards Taxindiaonline.com Pvt. Ltd. |
