Over 30,000 tax litigations are pending in the Income Tax Appelate Tribunals across the country, though most of these appeals are filed by the tax department and not the assessees, Minister of State for Finance S S Palanimanickam said in the Lok Sabh ..
The taxpayer was a wholly owned subsidiary of Denso Thermal Systems, Italy. The taxpayer was engaged in the business of manufacturing certain automobile products and selling the same in India and abroad. For the impugned assessment year, the taxpayer ..
In cri.Appeal no.2309 of 2009 the division bench(justice. Deepak Varma & Justice B Sudarshan Reddy) SC allowed the appeal of Shahabano .SC held that the Divorcee muslim woman is entitled for maintanance after iddat period till her remarry u/s 125 ..
THE Central Government has sanctioned 116 posts for the Central Information Commission. The Commission has constituted a Committee to assess its staff requirement. The Government shall examine the report of the Committee as and when received.The Comm ..
Christmas cheer has come early for foreign nationals working in India. They can now take their entire post-tax salaries home, following a change in rules to this effect by the Reserve Bank of India (RBI). This will benefit sectors such as aviation, ..
google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad);Directions form part of revenue maximisation measures. The Central Board of Excise and Customs (CBEC) has directed its field formations across the country to op ..
NEW DELHI : The Supreme Court on Friday stayed the Central Information Commission (CIC) order asking it to divulge details relating to appointment of judges and also correspondence between the Chief Justice of India and Justice R Regupathy of Madras ..
Such detention cannot be dubbed as violation of a citizen’s personal liberty, the Supreme Court has ruled.The court has held that such frisking and detaining of passengers by the authorities is in national interest. Otherwise, terrorists and ve ..
Thursday, December 03, 2009 The Government has taken necessary steps to rationalize and simplify the tax structure for the food processing industry.100 percent tax exemption for first five assessment years beginning with the initial assessment year i ..
RBI/2009-10/242 IDMD.PDRD.No. 2424 / 03.64.00 / 2009-10December 1, 2009All Standalone Primary DealersDear SirWaiver of trade confirmation in Government Securities transactions in OTC marketPlease refer to Section I para 6.1 (ix) of the Master Circula ..