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All Indian Taxes (AIT) Tax News

» CBEC transfers several Commissioners of Customs, Excise & Service Tax
» Several Additional & Joint Commissioners transferred by CBEC
» CAs can now Advertise; ICAI Council notifies guidelines
» Promotions of re-designated DEOs - Operation of stay of Madras HC
» Customs duty on Palm Oil & Edible Oil imports lowered
» Budget Amendments do not target Mergers & Acquisition deals 
» Honeymoon of IT Sector with Service Tax is Over
» Excise lowered to 14 percent but Abatement from MRP revised
» Palaniappam presents Union Budget on 29th February
» Highlights of Pre-Budget Economic Survey
» Mesne profits constitute capital receipt not chargeable to tax
» Expenditure on Software is of Revenue Nature: Special Bench
» IRS Officer arrested by CBI while taking Bribe of Rs 9 Lakh
» Top Customs Officer in dock for Rs 1.5 Crore Consultancy Charges
» Technical know-how and royalty not includible in price of imported goods
» Exporters allowed Refund of Service Tax on 3 more services
» Foreign Currency Exchangeable Bonds Scheme, 2008 notified
» AO has to levy tax only on book profit as per Balance Sheet
» Promotions to Assistant Commissioners’ level then and now – A study
» Whether Service Received prior to 1.1.2005 liable to service tax?
» TDS on Payments to non-resident for mobilization and demobilization services
» Elite Clubs and Associations under Service Tax Scanner 
» Norms for filing TDS/TCS Returns Reviewed 
» Honeymoon of manufacturers in Excise Free Zones is over
» Tax Deduction/Collection at source Returns filing date extended 
» Dozen Excise Officers shunted amidst allegations of nexus with evaders
» Anti-dumping duty imposed on import of flexible slabstock polyol
» CBI raids several Customs Officers for extortion and corruption
» Authority rules on Customs liability on servicing the aircrafts
» Interest on borrowings of capital assets not put to use allowable deduction 
» Authority rules on data recovered and re-imported in different media 
» Amount on account of damages for breach of contract allowable expenditure
» SC prescribes Test for compounding of Offences by Customs 
» No Service Tax on Not for profit organizations: CESTAT 
» A dozen IRS Officers resign for Packages of Rs. 1 Crore 
» Redemption of stock appreciation rights Amount is income: Special Bench 
» Several Electronic Products subjected to excise on MRP Basis 
» Anti-dumping duty imposed on import of Homopolymer of vinyl chloride monomer 
» Penalty sustainable when service tax paid post enquiry 
» Customs duty on import of 539 products from Singapore lowered 
» British Airways booked for evading Service Tax of Rs 100 Crore
» Government notifies Industrial Park scheme for tax sops
» Maywati’s Maya is legal: ITAT

» Justice S. N. Jha is new President of CESTAT
» No Option for Service Providers to switch over for Composition Scheme
» Another IRS Officer arrested by CBI for corruption
Import of Textiles Products from Bangladesh, Bhutan, Maldives & Nepal exempted from Customs
» Customs Duty on import of 539 products from Singapore being lowered
Customs duty exempted on import of 127 specified products from Sri Lanka & Pakistan
» Customs duty on import from Bangladesh, Bhutan, Maldives & Nepal lowered
» KPMG booked for allegedly evading Service Tax of Crores
» Tax paid by employer on income of employee is entitled to exemption
» Transfer of shares by US resident to US company liable for Capgains tax in India
» How DRI caught Amitabh and Abhishek Bachchans for alleged smuggling
» Whirlpool required to print MRP on package of Refrigerator: SC
» Government extends refund of service tax paid by exporters
» Salary paid by Infosys to non-resident employee taxable: AAR
» No Rebate on export of goods manufactured in Excise Free Zones
» Exporters allowed refund of service tax on specified services
» Service Tax Circular denying Credit on Outward Freight is not legally sustainable
» Imports by Traders exempted from Additional duty of Customs
» 10 per cent tax on sale of original and bonus shares by Foreign Resident
» Authority Settles Tax on Capital gains by Real Estate Developers
» State Government can levy higher sales tax on imported goods
» No interest payable when differential duty paid on price revision in contract

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