Download The report dated 27th July 2011 by Karnataka Lokayukta Santosh Hegde which exposes the illegal mining carried out in the State of Karnataka. The report claims that Rules were flouted, government officials bribed and private companies and banks too participated in this loot, throwing to winds all norms of corporate governance and propriety. The report says that the State has lost revenue of about Rs. 16,085 crores
itatonline.org
Only the latest & most important updates on taxation
Category: All Information
CBDT’s Tax Arrears Recovery Strategy For FY 2011-12
CBDT’s Tax Arrear Recovery Strategy For AY 2011-12
CBDT Guidelines on s. 281 Fraudulent Transfers
CBDT Circular on s. 281 Prior Permission For Transfer of Assets
Service Tax: Clarification Re Invoice Within 14 Days of ‘Completion of Service’
Representations requesting clarification on “completion of service” as provided under the Point of Taxation Rules, 2011 and Service Tax Rules, 1994 have been received from certain sections of service providers that in many situations it is not possible to issue invoices within 14 days of the completion of the service since the exact date of completion of service is difficult to identify. Instances have been given where after the task of providing the service may be physically accomplished, but certain other formalities are required to be completed from the client’s end before an invoice can be issued
Transfers & Postings Of Deputy / Assistant Commissioners of Income-tax
Vide Order No 122 of 2011 dated 15.7.2011 the CBDT has transferred and posted Deputy / Assistant Commissioners of Income-tax with immediate effect
Transfers & Postings Of Commissioners / Directors of Income-tax
Vide Order No 119 of 2011 dated 14.7.2011 the CBDT has transferred and posted Commissioners / Directors of Income-tax with immediate effect
Special Bench On Capital Gains On Slump Sale
Whether in the facts and circumstances of the case, the Assessing Officer was right in adding the amount of liabilities being reflected in the negative net worth ascertained by the auditors of the assessee to the sale consideration for determining the capital gains on account of slump sale?
Transfers / Postings of DCIT/ ACITs in International Tax & Transfer Pricing
Vide Order No. 113 of 2011 dated 7.7.2011, the CBDT has transferred and posted officers in the grade of ACIT & DCIT to the Directorate of International Tax and Transfer Pricing
Registration Of Lawyers For Service Tax Stayed By Madras High Court
The Revenue Bar Association, Madras, filed a Writ Petition in the Madras High Court challenging the validity of levy of service-tax on “legal consultancy services”. The Court has passed an order of interim injunction dated 24.06.2011 restraining the Ministry of Finance from compelling the members of the Petitioner from registering themselves with the service tax authorities and collecting service-tax from them until further orders
Special Bench To Decide Ex-Member’s Right To Practice Before ITAT
Whether, Shri Deepak R. Shah, Advocate and Ex-Accountant Member of the ITAT is debarred from practicing before the ITAT in view of insertion of Rule l3E in ITAT Members (Recruitment and Condition of Service) Rules,1963.
Recent Comments