| Posted: 23 Jul 2013 07:07 PM PDT CBDt has vide its press release dated 22.07.2013 clarified that exemption from filing return of income for salaried employees having total income upto Rs. 5 lakhs including income from other sources upto Rs. 10,000/- was only for assessment year 2011-12 and 2012-13 respectively. The exemption was... |
| Posted: 23 Jul 2013 06:43 PM PDT It is clarified for wider information of the students and other stakeholders as also the public at large that there is no change in the passing requirements nor is the Institute contemplating to effect any changes in the passing requirements. |
| Posted: 23 Jul 2013 06:06 PM PDT In this context the Appellant contended that security deposit has no nexus with the area of the property rented out. It is charged as six months' rent and therefore, it cannot be said that the notional interest has influenced the consideration received for the services rendered. |
| Posted: 23 Jul 2013 06:01 PM PDT The present provident fund act needs an urgent clarification definitive meaning of the concept of "occupier". In practice, it is misunderstood and is a subject of litigation in a number of cases across India. [A] The Clause 2(k) of the PF Act 1952, defines an Occupier means the person, who has... |
| Posted: 23 Jul 2013 12:07 PM PDT Brief facts of the case are that the respondent is a joint venture with Government of Madhya Pradesh, declared its total income nil in its return filed for the assessment year 2001-2002 and 2002-2003. The book profit was calculated under section 115JB of the Act. The case was selected for scrutiny,... |
| Posted: 23 Jul 2013 11:56 AM PDT INSTRUCTION NO. 09/2013, Dated: July 22, 2013 Subject: Work allocation of Departmental Representatives before ITAT Reference is invited to Board's earlier Instruction No. 13/2008 dated 18-09-2008 on the subject of work allocation of CIT(DRs)/Sr. DRs. In supersession of earlier instructions on... |
| Posted: 22 Jul 2013 08:30 PM PDT CBDT has released ITR 6 for e-filing or Online filing of Income tax Return to be used by a company, other than a company claiming exemption under section 11 for Assessment year 2013-14 or Financial Year 2012-13. The ITR-6 can be downloaded from the following website :-... |
| Posted: 22 Jul 2013 11:59 AM PDT Issue – The facts relating to the two issues are stated in brief. The assessee is a Kerala State owned public limited company, engaged in the business of providing infrastructural facilities to industries. It runs an industrial park at Kakkanad, Kochi. The assessee was granted licence by the... |
| Posted: 22 Jul 2013 11:50 AM PDT Notification No. 37/2013 – Customs New Delhi, dated the 22nd July, 2013 G.S.R. 500 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do,... |
| Posted: 22 Jul 2013 11:46 AM PDT Notification No.. 36/ 2013-Customs., Dated: July 22, 2013 G.S.R. 499 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the... |
| Posted: 22 Jul 2013 11:34 AM PDT The issue has been reviewed in the light of practical difficulties/constraints expressed by bankers/customers in obtaining/submitting fresh KYC documents at frequent intervals as the relative documents submitted earlier specially by low-risk customers have remained unchanged in most of the... |
Recovery action against directors of non-existent company not justified:
Madras HC
-
Madras High Court held that recovery action against the Directors of the
company under the provisions of the Tamil Nadu General Sales Tax Act, 1959,
Cent...
12 hours ago
No comments:
Post a Comment