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Mar 27, 2013

CBI arrests excise superintendent for accepting bribe of Rs. 3.50 Lakh

CBI arrests excise superintendent for accepting bribe of Rs. 3.50 Lakh

Posted: 26 Mar 2013 09:30 PM PDT

CBI ARRESTS A SUPERINTENDENT OF CENTRAL EXCISE FOR ACCEPTING A BRIBE OF RS.3.50 LAKH; APPROX. RS.9 LAKH CASH RECOVERED IN SEARCHES FROM HIS POSSESSION             The Central Bureau of Investigation has arrested a Superintendent of Central Excise(Anti Evasion), Haldia Commissionerate, Kolkata for...

Income Tax Department playing smart

Posted: 26 Mar 2013 07:21 AM PDT

I filed Income Tax return of my client in July 2012 for assessment year 2012-13 which was very well before the due date of 31 July 2012. I filed another return of my client in March 2013, which was approximately 9 months late. But see the irony! The Return filed in month of March got processed and...

Service Tax Regime Heads for Stringent Penalties

Posted: 25 Mar 2013 11:29 PM PDT

Very soon, Service Tax, which is considered to be a relatively young baby in the tax universe, will make the assessees scared of penalties and prosecution. The Budget which has been passed by both the houses of the Parliament now will soon become enactment and all provisions shall become...

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