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All Indian Taxes (AIT) Tax News

» Budget 2007-2008
Taxation Laws (Amendment) Act, 2007
11D not applicable when 10% reversed recovered
Income accrues to Agent when payment due to Principal realized
No set off if business not carried out in assessment year
CBEC notifies new Central Excise Return Forms ER-1 and ER-3
Transfer of exchange card exigible to capital gains tax
Valuation of Physician Samples under Rule 4: HC
CBI raids den of corruption Nhava Sheva
How to file New Income Tax Return Forms
» Admission fee & infra dev paid to exchange is Revenue Expenditure
E-Payment of Service Tax and Central Excise
Thomas Cook not entitled to 80HHC deduction: ITAT
CBEC proposes new Service Tax Return Form
Excise demand of Rs.16 Crore issued to Escorts Limited
No Customs on barge charges from mother ship to Jetty: SC
Machino Montell 11AC shock for manufacturers
DGFT Notification 19 ultra vires Section 5 of FTDR Act:HC
Withhold taxes whilst paying to Microsoft: Advance Ruling
Customs on import from China Korea Bangladesh & Lanka lowered
Government exempts 82 Products on import from Thailand
Technical Know-how Fee cannot be added to Invoice Value: SC
No Penalty when no clandestine removal of goods: SC
No capital gains in assessee’s hand on sale of shares by lender: ITAT
Loss on sale of shares held as investment is “capital loss”: ITAT
Shahrukh wins Income Tax Litigation on Legal Point
Draft Circulars
Clearance of goods from DTA to SEZ under Rule 30:Procedure
Setback to concept of Advance Ruling & Foreign Investment 
» No option to set off current year’s profit against loss brought forward under 115JB: Advance Ruling

» Loss incurred on sale of shares is speculation loss:ITAT
» Non resident agents rendering services outside India & getting payment outside India liable to income tax in India: Advance Ruling
» Credit of Service Tax paid on Cellular Bill is admissible
» Validity of Stay Order does not expire on passing of 180 days
» Taxation Laws Amendment Act 2006 enacted
» Penalty equal to duty not leviable under Customs Act when duty paid before issue of notice
FinMin in Santa Mode: Doles out Rebate when no duty paid: Double Your Money Scam all set to shake North Block
» Registration of mixed use Premises 
» CBEC-Brand Ambassador of Ad-hocism in Service matters
» New Drawback Rates effective 15.7.2006. Notified
Finance Act Widens Service Tax Net
Company’s Name cannot be substituted under Rule 20:Advance Ruling
» Excise Rebate after Indo Rama Ruling: V Unnikrishnan
» No Surcharge in Block Assessment cases: Special Bench 
» E payment of service tax       
» Criteria for SEZ
» Service Tax on Roaming under Telephone Service Draft Notification for LTU 
» Report of Sub-Group on Central Excise Job Work Valuation
» No Penalty when no clandestine removal of goods: SC
» Privileges of a Senior Citizen 
» Government needs feedback on inverted duty structure
» Delhi  Property Tax Form
» 80 HHC cannot be denied when Drawback has been claimed
» Income Tax exemptions/deductions under Review
» Shares held as stock-in-trade/investment
» Gurgaon Excise Shuts Single Window For Exporters
» Transfer Order
» Customs Excise Sops to be withdrawn
» Tariff values of specified articles for levying Cess on import

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