Year: 2007

Instruction No 8/2007, Dated: August 30, 2007 Subject:- Revision of Schedule of fees payable to Standing Counsels for the Income-tax Department before various High Courts – Appointment of Counsels – Guidelines regarding. 1. The President is pleased to sanction revised …

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Revision of monetary limits for filing appeals by the department before various appellate bodies or appellate authorities Instruction No. 5 dated 16-7-2007   Reference is invited to Board’s Instruction No. 02/2005, dated 24-10-2005 wherein monetary limits for filing appeals before …

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INCOME   TAX CIRCULAR NO. 4/2007, DATED 15-6-2007   The Income Tax Act, 1961 makes a distinction between a capital asset and a trading asset. 2. Capital asset is defined in Section 2(14) of the Act. Long-term capital assets and gains …

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INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCHES, MUMBAI Guidelines for the Stay Petitions filed before the Income Tax Appellate Tribunal The guidelines were framed at the meeting held on 3rd April 2007. Present in the meeting: Shri G.E.Veerabhadrappa (VP) Shri K.P.T.Thangal …

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