Soaring inflation: CCP to meet on Monday;

FM says agri sector is weakest link in our growth story;

A K Tewary, CIT of 1979 batch, goes on deputation to DERC as Secretary;

30 companies participate in NELP VII at Singapore;

INSTRUCTIONS

instruct0804.pdf

Work allocation of CIT (DRs);

instruct0803.pdf

Guidelines for engagement of special counsels representing Revenue before HCs / ITAT;

CASE LAWS

2008-TIOL-177-HC-P-H-IT.pdf

CIT-II, Amritsar Vs M/s Rai Bahadur Kishore Chand & Sons (Dated: February 13, 2008 )

Income Tax - Assessee is assessed on the returned income but subsequently its case is selected for scrutiny and assessment completed at a higher amount and penalty proceedings initiated - Assessee contends that the assessment is not completed within the period of limitation nor the assessment order served in time - Despite giving repeated opportunities, revenue failed to adduce evidence to prove that the assessment proceedings were completed within the statutory time limit thus assessment order is liable to be quashed - Revenue's appeal dismissed - (Para 5).: P & H HIGH COURT;

rlt085-Part2.pdf + rlt085-Part3.pdf + rlt085-Part4.pdf

RLT Case Laws Headnotes;

CENTRAL EXCISE SECTION

NOTIFICATION

exnt08_21.pdf

CBEC notifies Committee of Commissioners for review cases in Pune & Goa;

CASE LAWS

2008-TIOL-477-CESTAT-BANG.pdf

M/s Jayakodi Match Works Vs CCE, Chennai (Dated: January 10, 2008)

The correct procedure should have been adopted by revenue and it should have been by issue show cause notice in terms of provisions of Section 11 A of CE Act for recovery of erroneous refund, which has not been done. The lapse is very clear on the part of the Commissioner .: BANGALORE CESTAT;

2008-TIOL-476-CESTAT-BANG.pdf

M/s Jayakodi Match Works Vs CCE, Chennai (Dated: January 16, 2008)

CE- Duty paid before SCN – penalty: The consistent view taken by the Tribunal, various High Courts and apex Court supports the prayer of the appellants to vacate the penalty imposed under Section 11 AC as the duty involved had been paid by the appellants much before the issue of Show Cause Notice .: BANGALORE CESTAT;

SERVICE TAX SECTION

2008-TIOL-478-CESTAT-DEL.pdf

National Productivity Council Vs CCE, Jaipur (Dated: February 11, 2008)

ST - Comm(A) orders for pre-deposit - Sum deposited but with little delay - Since the Comm(A) has not gone into the merits of the case, the case is remanded and the SC decision in the case of ONGC Vs CCE ( 2002-TIOL-196-SC-CX ) will not come in the way as statutory remedy is available to the assessee even if COD clearance is not taken .: DELHI CESTAT;

CUSTOMS SECTION

NOTIFICATION

cnt08_033.pdf

Committee for review cases in Pune, Goa & Belgaon notified;

trai.pdf

TRAI floats paper on policy guidelines for TRP;

cbi story.pdf

CBI charge-sheets former UP Chief Secretary, family members and former CBSE Chairman;

guest column.pdf

Ceiling in rate - Sealing of fate?

mbuzz474.pdf

DRI officers get appreciation certificates from World Customs Organisation;