Addition can't be made based on search & seizure action taken against a third party without categorical finding that the search material pertains to the assessee Posted: 04 Jul 2009 08:24 PM PDT 
CASE LAW DETAILS Decided by: ITAT, AGRA BENCH, AGRA (THIRD MEMBER), In The case of: Bhajan Das & Brothers v.ACIT, Appeal No. IT (85) A. No. 18/Agr/2005, Decided on: December 23, 2008 RELEVENT...  | Initial burden lies on the assessee to prove the genuineness of the purchases Posted: 04 Jul 2009 08:15 PM PDT 
CASE LAW DETAILS Decided by: ITAT, AHMEDABAD BENCH `D' (THIRD MEMBER), In The case of: ACIT v Amar Mining Co, Appeal No. :ITA No. 1841/Ahd./2002, Decided on: January 29, 2009 RELEVENT...  | Export of Services: A Synopsis Posted: 04 Jul 2009 07:58 PM PDT 
Compiled by: C.A. LALIT MUNOYAT B.Com (Hons.), CS, FCA, ISA # 98201 93508 munoyat@gmail.com Assisted by: C.A. N.K. Mittal, FCA In India the contribution of service sector to the GDP is about 55% and...  | ICAI sign MOU to allow Indian and Australian CAs to practice in each other's country Posted: 04 Jul 2009 06:28 AM PDT 
Accounting regulator ICAI today entered into an agreement with the Institute of Chartered Accountants in Australia that would allow professionals to practice in each other's country after...  | Railway Minister intoduced 12 non stop trains in Rail Budget Posted: 03 Jul 2009 09:22 PM PDT 
First ever non-stop train service 'Duronto' introduced RAILWAY BUDGET 2009-10 For the first time in the history, non-stop train service is being introduced in India. The non-stop train service...  |
With Regards,
CA Sandeep Kanoi
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