ITAT Mumbai ACIT Vs M/s Vijaya Silk House Pvt Ltd I.T.A. No.4806/Mum/2012, Date : 30.09.2015 The assessee was not aware of this fact that the sale proceeds arised out of sale of an agricultural land is exempt from tax u/s 10 of the Act hence the assessee inadvertently could not adduce the said fact before… Read More »
HIGH COURT OF KARNATAKA Commissioner of Income-tax, Belgaum v. Maruti Subray Patil RAVI MALIMATH AND G. NARENDAR, JJ. IT APPEAL NO. 5027 OF 2010 JULY 29, 2015 Y.V. Raviraj, Adv. for the Appellant. V. Chandrashekar, S. Annamali, Shashank Hegde and A. Shankar, Advs. for the Respondent. JUDGMENT G. Narendar, J. This appeal is preferred under… Read More »
whether for the benchmarking of the transaction of loan, the interest rate for 6 months LIBOR + 150 Basis Points for a period for more than 5 years is appropriate or not. Held Yes IN THE ITAT MUMBAI BENCH ‘K’ Deputy Commissioner of Income-tax, Range 8 (1), Mumbai v. Geodesic Ltd. B.R. BASKARAN, ACCOUNTANT MEMBER… Read More »
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated 08. 06. 2015 Trade Notice No.04/2015 To 1. All IEC Holders 2. All EPCs 3. All Chambers of Trade and Industries 4. Federation of Indian Export Organisations 5. All RA’s of DGFT Subject: Preferential… Read More »
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi TRADE NOTICE NO. 6 /2015 DATED 29.6.2015 TO All IEC… Read More »
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated 09. 07. 2015 Trade Notice No. 07/2015 To 1. All IEC Holders 2. All EPCs / All Chambers of Trade and Industries 3. FIEO/ASSOCHAM/CII 4. All RA’s of DGFT Subject: Operationalisation of online payments… Read More »
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated the 3rd November, 2015 Trade Notice 08/2015 To, 1. All IEC Holders 2. All EPCs/All Chambers of Trade and Industries 3. FIEO/ASSOCHAM/CII 4. All RA’s of DGFT 5. DG (System)/ICEGATE 6. TEXPROCIL Subject :… Read More »
Ministry of Home Affairs of Govt of India on 16-November, 2015 Government declares NSCN (K) as terrorist organization under UAPA The Government has declared the National Socialist Council of Nagaland (Khaplang), NSCN (K), all its formations and front organizations as a terrorist organization under the Unlawful Activities (Prevention) Act, 1967. A Gazette Notification issued on… Read More »