Year: 2007

Hon’ble Shri. Shaliendra Kumar Yadav, Judicial Member, has been transferred from the Mumbai Bench to the Bangalore Bench with effect from 31st December 2007. He served in the Ahmedabad Bench from 1st November 2000 to 6th December 2004 and in …

Transfer of Hon’ble Shri. S. K. Yadav from Mumbai Read More »

CIRCULAR NO. 9/2007, DATED 20-12-2007 In terms of the provisions of Chapter XII-H of the Income-tax Act (hereinafter referred to as Act), an employer, being a company, is liable to pay Fringe Benefit Tax (FBT) in respect of the fringe …

Fringe Benefit Tax – ESOP – Explanatory circular Read More »

INCOME TAX APPELLATE TRIBUNAL: DELHI BENCHES, NEW DELHI F.No. 70-Jd(ATD) / 07 Dated the 26th November, 2007 Sub: Preparation and submission of Paper Books – regarding. It is observed that the guidelines issued under the general Circular No F. 70Jd(ATD)/94, …

ITAT Guidelines for filing of paper Books Read More »

OFFICE OF THE COMMISSIONER OF INCOME TAX (JUDICIAL) R.NO. 371-C, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI 400 020. No. CIT (J)/HC.WP/2007-08/445 12th November 2007 All the Commissioners of Income-tax, Mumbai. Sir, In the case of a pharmaceutical company, the Assessing Officer …

Departmental Circular on reassessment u/s 147. Read More »

INCOME-TAX (FOURTEENTH AMENDMENT) RULES, 2007 AMENDMENT IN RULE 3 – VALUATION OF PERQUISITES NOTIFICATION NO. 271/2007, DATED 7-11-2007 In exercise of the powers conferred by section 295 read with sub-section (2) of section 17 of the Income-tax Act, 1961 (43 …

Amendment in Rule 3 – valuation of perquisites. Read More »

CIRCULAR NO. 7/2007 DATED 23-10-2007 Procedure for refund of tax deducted at source under section 195 to the person deducting the tax The Board had issued Circular No. 790 dated 20th April, 2000, laying down the procedure for refund of …

CBDT Circular for refund of TDS under section 195. Read More »

NOTIFICATION NO. 264/2007, DATED 23-10-2007 In exercise of the powers conferred by section 295 read with Explanation (i) to clause (ba) of sub-section (1) of section 115WC of the Income-tax Act, 1961 (43 of 1961), read with section 22 of …

Fringe Benefit Tax – ESOP – Valuation Norms Read More »

Income Tax Appellate Tribunal, Mumbai Benches, Mumbai Notice 18th September 2007 It has been decided to transfer all the appeals concerning International Taxation, Double Taxation Avoidance Agreement & Transfer Pricing to “L” Bench. All the Benches, in the light of …

International Taxation Bench of ITAT Read More »

All – India details (as on 14th September 2007) of the residential address and telephone numbers of the Hon’ble Members and officers of the Income Tax Appellate Tribunal is available here. If you would like to download a PDF copy, …

All-india details of the Hon’ble Members of the ITAT Read More »

‘Sevottam’ Scheme (Taxpayer Service Centre) Government of India Office of the Chief Commissioner of Income Tax 3rd Floor, Aayakar Bhavan, Maharshi Karve Road, Mumbai – 400 020. No. : ccit/mum/admn./Sevottam/2007-08 Date : 10/09/2007 O R D E R Counter No. …

‘Sevottam’ Scheme (Taxpayer Service Centre) Read More »