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Delhi High Court overrules its earlier decision on Service Tax on Renting

  On 24 September 2011 at 19:31

A full bench of Delhi High Court has overruled its earlier decision on constitutional vires of levy of service tax on Renting of Immovable Property Services. Vide order dated 23-9-2011 delivered in the case of Home Retail Soulutions, the court ha ...


Instruction Regarding Standard Operating Procedure on Filing of Appeals to ITAT Under Section 253 and Related Matters

  On 16 August 2011 at 14:33

INSTRUCTIONS REGARDING STANDARD OPERATING PROCEDURE ON FILING OF APPEALS TO ITAT UNDER SECTION 253 AND RELATED MATTERS INSTRUCTION NO. 08/2011 [F NO. 279/MISC./M- 43/2011-ITJ], DATED 11-8-2011 With a view to streamline the process of ...

6  comments |   4641 hits


Maharashtra Sales Tax Department raids 37 companies in Mumbai

  On 05 July 2011 at 09:59

Maharashtra Sales Tax Department has conducted raids on 37 companies in Mumbai and unearthed Hawala transaction worth 6,500 crore rupees. A team of sales tax officials conducted raids at 12 places across the city yesterday. The Sales Tax Depart ...

1  comments |   7497 hits


Laws to curb generation of black-money, its illegal transfer abroad and recovery

  On 24 June 2011 at 10:33

OFFICE MEMORANDUM [NO. 291/15/2011-IT (INV.I)] DATED 27-5-2011 It has been decided with the approval of competent authority to constitute a Committee to examine ways to strengthen laws to curb the generation of black-money in India, its ille ...

3  comments |   4624 hits


Salaried Taxpayers with total Income up to Rs.5 lakh Exempted from filing Income Tax Return for Assessment Year 2011-12

  On 24 June 2011 at 10:33

The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 31, 2011. Individuals having total in ...

7  comments |   3618 hits


Income Tax dept to pay Rs six lakh to road mishap victim

  On 03 June 2011 at 15:07

Income Tax dept to pay Rs six lakh to road mishap victim The Income Tax Department has been ordered by a road mishap tribunal to pay over Rs six lakhs as compensation to a photographer who suffered permanent disability after being hit by a depar ...

  0 comments |   2282 hits


Prakash Chandra takes over as Chairman CBDT

  On 01 June 2011 at 17:23

Prakash Chandra takes over as Chairman CBDT Shri Prakash Chandra, an IRS (IT) Officer of the 1973 batch, took over as Chairman of Central Board of Direct Taxes (CBDT) today afternoon. He will also continue to look after the work relating to Pers ...

1  comments |   1953 hits


Instructions regarding Standard Operating Procedure on filing of appeals to High Court under section 260A and related matters

  On 27 May 2011 at 14:53

Instructions regarding Standard Operating Procedure on filing of appeals to High Court under section 260A and related matters INSTRUCTION NO. 7 /2011 [F.NO. 279/MISC./M-42/2011-ITJ] DATED 24-5-2011 The Government has formulated the Nationa ...

  0 comments |   3352 hits


Amended DTAAs to help in dealing with black money: Pranab

  On 25 May 2011 at 10:28

Amended DTAAs to help in dealing with black money: Pranab Finance Minister Pranab Mukherjee on Tuesday exuded confidence that modified tax avoidance agreements with various countries and pacts with tax havens will help in dealing with the menace ...

  0 comments |   1888 hits


SEZ units need admin nod to claim service tax refund: Govt

  On 19 May 2011 at 11:26

SEZ units need admin nod to claim service tax refund: Govt The government has said that SEZ unit and developers would require the sanction of Unit Approval Committee for availing benefits of service tax refund. Besides, developers and units w ...

  0 comments |   1389 hits










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