Taxindiaonline.com
Taxindiaonline.com Taxindiaonline.com TIOL Tube Taxindiainternational.com
 
LOGIN
Forgot Password |  Register  
Wednesday , May 25, 2016 | Updated : May 25, 13:47 IST
Income Tax    Customs    Excise    Service Tax    FEMA    DGFT    SEZ    Misc    Pitara    Budget   
About Us Contact Us Advertise
Taxindiaonline.com Taxindiaonline.com Taxindiainternational.com
NEWS FLASH
 
President invites Chinese investors to be partners in India's growth story Krishi Kalyan Cess - all or any? (See 'DDT') French taxmen raid Google's Paris office in alleged USD 2.5 bn tax evasion case (See 'Mixed Buzz') CX - CENVAT - Improper dimension of goods mentioned in invoices - no malafide intention can be attributed but this does not mean that penalty needs to be set aside - Penalty u/r 26 of CER, 2002 reduced: CESTAT (See 'Breaking News') Amendment in India-Mauritius DTAA to increase size of investment and also bring legitimate funds into India, says FM FTP - Indore SEZ Included (See 'DDT') ST - Even prior to 1.4.2011 since no ST was payable on auction sale of abandoned cargo, credit was not admissible on input service used in such output activity - in subsequent SCNs it cannot be said that there is suppression of fact on part of appellant so as to impose penalty u/s 78: CESTAT (See 'Breaking News') New Kerala Govt may consider lifting of ban on liquor FTP - Committee on Quality Complaint & Trade Dispute (See 'DDT') I-T - Whether interest income from bank deposits is to be treated as 'income from other sources' if assessee fails to prove that deposits were for business purpose - YES: ITAT (See 'Breaking News') Jaya does not want NEET in TN even in future Pakistan Customs Tribunal - No Head - Same Problem like our CESTAT (See 'DDT') India inks pact with World Bank for USD 100 mn loan for Karnataka Water Project Govt notifies 13 more Smart Cities; Lucknow tops list of winners of Fast Track Competition (See 'Breaking News') Legislative backlog in Rajya Sabha needs to be cleared quickly, says Mr Naidu (See 'Mixed Buzz') President relents on Ordinance to keep State Boards outside the ambit of Common Test for MBBS CBDT to hold Chief Commissioners’ Annual Conference on June 1 & 2, 2016 I-T - Whether provisions for NPA can be equated with provision for bad and doubtful debts, for purpose of claiming deduction u/s 36(1)(viia)(b) - NO: ITAT (See 'Breaking News') Single Registration for Importer & Trader - CBEC Invites Suggestions on Draft (See 'DDT Column') ST - Refund - Notfn. 17/2009-ST - Third party exports are permissible, however, provisions of notification require submission of proof that specified services had indeed been received by exporter claiming refund of tax paid: CESTAT (See 'Breaking News') Justice at Leisure (See 'Guest Column') CX - Since boiler is final product of manufacturer, every component within it and every input that goes into component manufactured in factory would be an input so far as CCR, 2004 is concerned - Credit admissible on bought-out items shipped along with boilers outside India and to SEZ: CESTAT (See 'Breaking News') Conversion of partnership firm into company - no capital gain tax (See 'Guest Column') FMV of Indian & global assets - CBDT seeks comments on draft rules (See 'Mixed Buzz') India, Myanmar & Thailand to have 1400 Km road connectivity in 18 months Hyderabad & Kolkata added to list of cities shortlisted for E-assessment by I-T Department CX - CENVAT - When rule 7 of CCR, 2002 prescribes an easy procedure of endorsement on body of the invoice, there is no logic for appellant to have not followed same but obtaining separate letter of endorsement thus giving rise to suspicion of evasion - Credit rightly denied: CESTAT (See 'Breaking News') ISRO successfully flight-tests Reusable Launch Vehicle (See 'Mixed Buzz') India commits massive investment in Chabahar FTZ IRDA issues new Corporate Governance Guidelines for insurers, better transparency expected in insurance sector ST - Credit notes do not exist as inactive exhibits; financial adjustment is manifested as entries in journals & ledger to impact consideration made over and received for any goods supplied or service rendered - hurdle of unjust enrichment crossed - Refund admissible: CESTAT (See 'Breaking News') DGFT - What happened to online Facility? (See 'DDT Column') I-T - Whether service of notice is to be deemed as valid if assessee refuses to accept and same is affixed at door of business premises - YES: HC (See 'Breaking News') Live in present - 'for time being fixed' - interest rates under Service tax (See 'ST se GST tak') Cus - SCNs issued to Petitioners, more than 18 months after Dy DGFT exonerated them of very same allegations is nothing but harassment and an abuse of process of law: HC (See 'Breaking News') ST – Government Clarifies on Services Provided by Government (See 'DDT')
 
Page : 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 | 249 | 250 | 251 | 252 | 253 | 254 | 255 | 256 | 257 | 258 | 259 | 260 | 261 | 262 | 263 | 264 | 265 | 266 | 267 | 268 | 269 | 270 | 271 | 272 | 273 | 274 | 275 | 276 | 277 | 278 | 279 | 280 | 281 | 282 | 283 | 284 | 285 | 286 | 287 | 288 | 289 | 290 | 291 | 292 | 293 | 294 | 295 | 296 | 297 | 298 | 299 | 300 | 301 | 302 | 303 | 304 | 305 | 306 | 307 | 308 | 309 | 310 | 311 | 312 | 313 | 314 | 315 | 316 | 317 | 318 | 319 | 320 | 321 | 322 | 323 | 324 | 325 | 326 | 327 | 328 | 329 | 330 | 331 | 332 | 333 | 334 | 335 | 336 | 337 | 338 | 339 | 340 | 341 | 342 | 343 | 344 | 345 | 346 | 347 | 348 | 349 | 350 | 351 | 352 | 353 | 354 | 355 | 356 | 357 | 358 | 359 | 360 | 361 | 362 | 363 | 364 | 365 | 366 | 367 | 368 | 369 | 370 | 371 | 372 | 373 | 374 | 375 | 376 | 377 | 378 | 379 | 380 | 381 | 382 | 383 | 384 | 385 | 386 | 387 | 388 | 389 | 390 | 391 | 392 | 393 | 394 | 395 | 396 | 397 | 398 | 399 | 400 | 401 | 402 | 403 | 404 | 405 | 406 | 407 | 408 | 409 | 410 | 411 | 412 | 413 | 414
 
Page 1
Mumbai, May 25, 2016
CX - CENVAT - Improper dimension of goods mentioned in invoices - no malafide intention can be attributed but this does not mean that penalty needs to be set aside - Penalty u/r 26 of CER, 2002 reduced: CESTAT
Mumbai, May 25, 2016
ST - Even prior to 1.4.2011 since no ST was payable on auction sale of abandoned cargo, credit was not admissible on input service used in such output activity - in subsequent SCNs it cannot be said that there is suppression of fact on part of appellant so as to impose penalty u/s 78: CESTAT
Visakhapatnam, May 25, 2016
I-T - Whether interest income from bank deposits is to be treated as 'income from other sources' if assessee fails to prove that deposits were for business purpose - YES: ITAT
New Delhi, May 24, 2016
Govt notifies 13 more Smart Cities; Lucknow tops list of winners of Fast Track Competition
Chennai, May 24, 2016
I-T - Whether provisions for NPA can be equated with provision for bad and doubtful debts, for purpose of claiming deduction u/s 36(1)(viia)(b) - NO: ITAT
Mumbai, May 24, 2016
ST - Refund - Notfn. 17/2009-ST - Third party exports are permissible, however, provisions of notification require submission of proof that specified services had indeed been received by exporter claiming refund of tax paid: CESTAT
Mumbai, May 24, 2016
CX - Since boiler is final product of manufacturer, every component within it and every input that goes into component manufactured in factory would be an input so far as CCR, 2004 is concerned - Credit admissible on bought-out items shipped along with boilers outside India and to SEZ: CESTAT
Mumbai, May 23, 2016
CX - CENVAT - When rule 7 of CCR, 2002 prescribes an easy procedure of endorsement on body of the invoice, there is no logic for appellant to have not followed same but obtaining separate letter of endorsement thus giving rise to suspicion of evasion - Credit rightly denied: CESTAT
Mumbai, May 23, 2016
ST - Credit notes do not exist as inactive exhibits; financial adjustment is manifested as entries in journals & ledger to impact consideration made over and received for any goods supplied or service rendered - hurdle of unjust enrichment crossed - Refund admissible: CESTAT
Allahabad, May 23, 2016
I-T - Whether service of notice is to be deemed as valid if assessee refuses to accept and same is affixed at door of business premises - YES: HC

Archive
 
 
Download on the App Store
Get it on Google play
TIOL SEARCH
 
TIOL Subscriptions
 All-In-One Package
 Indirect Tax Package
 Income Tax Package
<< More Packages>>
 
   
HOME    BACK TO TOP   
             
Income Tax Customs Excise Service Tax FEMA DGFT SEZ Misc Pitara Budget
  • Notifications
  • Circulars
  • Instructions
  • SC Cases
  • HC Cases
  • ITAT Cases
  • Advance Ruling
  • Settlement
  • Other Cases
  • Directorate of Income Tax (Systems)
  • Tariff Notfn
  • CVD
  • Non Tariff Notfn
  • Circulars
  • Anti-dumping Notfn
  • Safeguard Duty Notfn
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Advance Ruling
  • Settlement
  • Drawback Cases
  • MISC Circulars
  • Tariff Notfn
  • Non Tariff Notfn
  • Circulars
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Advance Ruling
  • Cesses Notfications
  • Excise Amendment
  • MISC Circulars
  • 37B Order
  • Settlement
  • Commr.(A) Order
  • Tribunal
  • Notifications
  • Circulars
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Advance Ruling
  • FAQ
  • Finance Act, 1994
  • Commr. (A) Orders
  • 37B Order
  • Removal of Difficulty
  • VCES
  • Accounting Head
  • Miscellaneous
  • DIPP Notification
  • Exchange Manual
  • Fema Notifications
  • SC Cases
  • HC Cases
  • RBI Notifications
  • RBI Circulars
  • Act
  • Rules
  • Regulations
  • Master Circulars
  • PMLA Notifications
  • Depository Scheme
  • Press Note
  • Notifications
  • Circulars
  • Public Notices
  • Trade Notice
  • FTDR Amendment 2010
  • Notifications
  • Instructions
  • Act 2005
  • Rules 2006
  • DGEP
  • State Acts
  • State Policy
  • MISC
  • SC Cases
  • HC Cases
  • VAT Cases
  • Service News
  • Promotion
  • Transfer
  • Deputation Posts
  • Cadre Review
  • Transfer Policy
  • Training Circulars
  • Recruitment Rules
  • Pay Commission
  • Service Cases
  • The Insider
  • MISC
  • Budget Speeches
  • Union Budgets
  • Economic Surveys
  • TRU - D. O. Letter
  • Finance Acts
  • Finance Bill
  • Budget Circular
  • A Taxindiaonline Website. Copyright © 2016 Taxindiaonline.com Pvt.Ltd. All rights reserved. | Powered by 4th Dimension