Treatment of Supply without consideration under GST The proposed Goods and Services Tax (GST) draft model law has been released by Empowered Committee of State Finance Ministers in June 2016 which proposes to subsume various taxes from the present indirect taxes structure. Unlike present regime where taxable event for Central Excise is “manufacturing”, for Service… Read More »
Review Meeting held under Secretary, DEA to monitor the action taken by various investigating and enforcement agencies for violations of law, criminal offences and default in payments to investors on the platform of National Spot Exchange Limited (NSEL);Key decisions taken including efforts to set-up an independent Court to hear NSEL related cases on exclusive basis… Read More »
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi-110 011 PUBLIC NOTICE NO. 23/2015-2020 NEW DELHI DATED 22 July, 2016 Subject: Removal of M/s. Trans Border Safety Control Inspection Services LLC, USA from the list of Inspection and Certification Agencies (Appendix 2G). M/s. Trans… Read More »
IN THE ITAT CHANDIGARH BENCH Nand Lal Popli v. Deputy Commissioner of Income-tax Central Circle-II, Chandigarh H.L. KARWA, VICE-PRESIDENT AND MS. RANO JAIN, ACCOUNTANT MEMBER IT APPEAL NOS. 1161 & 1162 (CHD) OF 2013 [ASSESSMENT YEARS 2007-08 AND 2009-10] JUNE 14, 2016 Vishal Mohan for the Appellant. Sushil Kumar for the Respondent. ORDER Rano Jain,… Read More »
HIGH COURT OF DELHI Sumitomo Corporation India (P.) Ltd. v. Commissioner of Income-tax S. MURALIDHAR AND VIBHU BAKHRU, JJ. IT APPEAL NOS. 381,382 OF 2013 & 702 OF 2014 AND 738 OF 2015 JULY 22, 2016 C.S. Aggarwal, Senior Advocate, Prakash Kumar and Himanshu Sinha, Advocates for the Appellant. Ashok K. Manchanda Senior Standing Counsel… Read More »
Students Guide to Accounting Standards for CA/CMA Final (English) (Paperback) BUY Specifications of Students Guide to Accounting Standards for CA/CMA Final (English) (Paperback) BOOK DETAILS Publisher Taxmann Publications (P.) Ltd. ISBN-10 9350719495 Edition Twenty Ninth Publication Year 2016 Language English ISBN-13 9789350719497 Binding Paperback
Guide to Minimum Alternate Tax MAT & Alternate Minimum Tax AMT as Amended by Finance Act 2016 (English) (Paperback) BUY Specifications of Guide to Minimum Alternate Tax MAT & Alternate Minimum Tax AMT as Amended by Finance Act 2016 (English) (Paperback) BOOK DETAILS Publisher Taxmann Publications (P.) Ltd. ISBN-10 9350719150 Edition 2016 Publication Year 2016 Language… Read More »
Bills relating to Afforestation Fund, Prevention of corruption, Benami transactions, Whistle Blowers Protection on the agenda for second week of Monsoon session of Parliament Five Bills passed during first week of Monsoon session ; Government lines up four more Bills Following the productive first week of the current Monsoon session of Parliament during when five… Read More »
Held we hold that by virtue of lease only an interest in land is created which does not qualify for allowance e of depreciation. IN THE ITAT BANGALORE BENCH ‘C’ Cyber Park Development & Construction Ltd. v. Deputy Commissioner of Income-tax, Circle 11(2), Bangalore SUNIL KUMAR YADAV, JUDICIAL MEMBER AND INTURI RAMA RAO, ACCOUNTANT MEMBER… Read More »
CESTAT, CHENNAI BENCH GRR Logistics (P.) Ltd. v. Commissioner of Service Tax, Chennai P.K. CHOUDHARY, JUDICIAL MEMBER FINAL ORDER NO. 40865/2016 APPEAL NO. ST/42193/2015 MAY 31, 2016 B. Ganesh Prabhu, CA for the Appellant. L. Paneerselvam, AC (AR) for the Respondent. ORDER 1. This is an appeal filed against OIA No.125/2015 (STA-I) dated 27.7.2015 passed… Read More »