Facts of the Case:- The assessee filed revised computation before the ld. Assessing Officer which was not considered by him and further revised return could not be filed as time for filing the revised return has already been elapsed. Issue whether the revised computation was to be considered by the Assessing Officer specially when time… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 9th December, 2015 18 Agrahayana, 1937 Saka Notification No. 26/2015-Service Tax G.S.R….. (E). – In exercise of the powers conferred by sub-section… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 25 /2015- Central Excise (N.T) New Delhi, the 9th December, 2015 G.S.R. (E).__ In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1… Read More »
Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST) Full Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST) by the Committee headed by the Chief Economic Adviser (CEA), Dr… Read More »
Cabinet approves Real Estate (Regulation and Development) Bill, 2015 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing by the Parliament. The Real… Read More »
Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/18/2015 … Read More »
Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/19/2015 … Read More »
Facts of the Case are During the previous year 2004-05 relevant to the assessment year 2005-06, the assessee received royalty to the tune of Rs.99,000/- for his book on income tax and claimed deduction under section 80QQB of the Act. Issue :- The Assessing Officer disallowed deduction on the ground that the book on income-tax… Read More »
Facts of the Case G. Srinivasan was found to be main accused , he only availed the loan projecting R. Manoharan as Proprietor of M/s. Bhagavathi Textiles Mills Limited. After availing the loan, he purchased about 165 acres of land in Pudukkottai Village from One K. Gunasekaran, G. Selvarani, R. Sivkumar, Shri Chinnakkannu in the… Read More »
Brief Facts:- Competition Commission can inquire into any unfair trade practice on receipt of a complaint from any trade association or from any consumer or a registered consumers’ association, even though the consumer may not be a member of such association or on receipt of a reference made by the Central Government or the State… Read More »