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Wednesday , March 4, 2015 | Updated : Mar 4, 19:23 IST
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NEWS FLASH
 
Income tax - Whether if CIT fails to either accept or refuse approval u.s 12AA within six months, registration would be deemed as granted - NO: HC Larger Bench (See 'Breaking News') Industrial Growth registers 2.1% rate in 9 months (See 'Mixed Buzz') Exports registers 2.44% growth in 10 months (See 'Mixed Buzz') Applications invited for DD-level post in Wildlife Crime Control Bureau (See 'Deputation Posts' in Pitara) Sales Tax - Whether basic burden about concealment of transactions or inaccurate furnishing of particulars of transaction is on Revenue - YES: HC (See 'Breaking News') Ahmedabad Chief Commissioner bags Global Indian Music Award (See 'Mixed Buzz') Guwahati Customs seizes 7.6 feet full grown panther skin, bone and skull worth Rs 58 lakh; Two poachers arrested Budget 2015 - Taxing reimbursable expenditure (See 'Budget Analysis') Income tax - Whether when JV constituents are already taxed at maximum marginal rate, AOP would again be liable to be taxed - NO: HC (See 'Breaking News') Inflation down - RBI reduces lending rate by 0.25% to 0.75% Service Tax? - Cinema Tickets - Taxable or Exempted? Is the Notification No.6/2015 correct? (See 'DDT' Column) Budget 2015 - Key Service Tax changes in chronological order - Part II (See 'Budget Analysis') HC decisions statutorily overruled - why this kolaveri, FM Sir? (See 'Budget Analysis') Ahead of Holi, AP and Telangana go dry as Income Tax seizes Liquor Depots (See 'DDT') I-T- Whether an assessment can be reopened merely on basis of objection raised by audit committee, which also has been duly answered by assessee (See'2015-TIOL-219') Calculation of Customs CESS - The mess (See 'Budget Analysis') I-T - Whether in case it is evident that same reasons which were basis for proceedings u/s 147, were also foundation for an admitted rectification u/s 154, reassessment can be made (See'2015-TIOL-535') Budget impact on Non-residents (See 'Budget Analysis') CBEC issues instructions relating to adjudication of cases booked by DGCEI (See 'What's New') IGI Airport Customs seizes gold worth Rs 23 lakh from pax coming from Riyadh RBI reviews all-in-cost ceiling for ECB & Trade Credits for Imports (See 'What's New') S B Singh appointed as Adviser in CBEC (See 'Service News') Budget Blues (See 'DDT' Column) Income tax - Whether assessee is entitled to claim interest u/s 244A on excess self-assessment tax paid u/s 140A - NO: HC (See 'Breaking News') 'And', 'or' game ended for good? (See 'Budget Analysis') Non-excisable goods - Rule 6 of CCR, 2004 amended - cogent or superfluous?(See 'Budget Analysis') Budget cares for healthcare (See 'Budget Analysis') Why is Notfn. 42/12-ST rescinded? (See 'Budget Analysis') Uneducated on Education Cess (See 'Budget Analysis') Recovery mechanism in rule 4 of CCR, 2004 (See 'Budget Analysis')
 
Untitled Document

Taxindiaonline.comt
Service Tax? Cinema Tickets - Taxable or Exempted? Is the Notification No.6/2015 correct?
TIOL-DDT 2551,
March 04, 2015
Budget Blues
TIOL-DDT 2550,
March 03, 2015
Budget 2015 - The Tax Revenue
TIOL-DDT 2549,
March 02, 2015
 
 
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