Monthly Archives: July 2016

Commissioner u/s 59 (2) of DVAT Act can call upon to produce books even if no rules framed

By | July 30, 2016

HIGH COURT OF DELHI Vayam Technologies Ltd. v. Commissioner of Trade & Taxes DR. S. MURALIDHAR AND VIBHU BAKHRU, JJ. W.P. (C) NO. 10156 OF 2015 CM NOS. 25028 & 28227 OF 2015 MAY  26, 2016 Rajesh Jain and Virag Tiwari, Advs. for the Petitioner. Gautam Narayan, ASC and R.A. Iyer, Advocate for the Respondent.… Read More »

DVAT Dealers to Install softwares to communicate sale invoices to Commissioner

By | July 30, 2016

DELHI VALUE ADDED TAX (AMENDMENT) ACT, 2016 – AMENDMENT IN SECTIONS 3, 29, 86, 92, 93 & 107 AND INSERTION OF SECTIONS 50A, 91A NOTIFICATION NO.F.14(12)/LA-2016/CONS2LAW/7786, DATED 5-7-2016 The following Act of the Legislative Assembly of the National Capital Territory of Delhi received the assent of the Lt. Governor of Delhi on the 24th June,… Read More »

High Court can’t direct CIT(A) to condone the delay beyond condonation power of CIT(A)

By | July 30, 2016

Held Section 85 of the Finance Act, is similar to Section 128 of the Customs Act, 1962; Section 34(3) of the Arbitration and Conciliation Act, 1996; Section 125 of the Electricity Act, 2003; Section 35-G of the Central Excise Act, 1944 and the statutes referred to above, are self contained Acts and codes by themselves.… Read More »

Arrear of 7th pay commission to be paid in one installment with Aug 2016 Salary

By | July 30, 2016

Arrear of 7th pay commission to be paid in one installment in cash with Aug 2016 Salary No. 1-5/2016-IC Government of India Ministry of Finance Department of Expenditure (Implementation Cell) New Delhi , the 29th july 2016 Office Memorandum Subject : Implementation of the recommendations of the 7th Central Pay commission- Fixation of pay and… Read More »

Trust claiming exemption u/s 10(23C), No Section 40(a)(ia) Disallowance

By | July 29, 2016

Held The assessee was registered under section 10(23C)(iv) of the Act and claimed exemption under the said Act. Similarly, in assessment years 2009-10, 2010-11, since the assessee was registered under section 12AA of the Act, the income was claimed to be exempt under section 11 of the Act. It is also a fact on record… Read More »

CA can’t be said to be deemed in practice if only running coaching classes for CA Students

By | July 29, 2016

HIGH COURT OF DELHI Harpal Singh Dhingra v. Vinod Gupta SANJEEV SACHDEVA, J. CONT.CAS(C) 657 & C.M. NO. 19762 OF 2016 JULY  26, 2016 Vishwas Ahuja for the Appellant. Ashish Makhija for the Respondent. JUDGMENT 1. On 23.05.2016, this petition as directed to be listed on 01.12.2016 alongwith the connected Writ Petition. In the Writ… Read More »