Mr. Justice Soumitra Sen was a practising advocate of Calcutta High Court before he was appointed as a Judge of that High Court, with effect from December 3, 2003. In Civil Suit No. 8 of 1983, filed by Steel Authority of India Limited against Shipping Corporation of India Limited and Ors., Calcutta High Court vide order dated April 30, 1984 appointed him as a Receiver to make an inventory of certain goods which had been imported and then rejected by Steel Authority of India Limited and to sell those goods and hold the sale proceeds to the credit of the Suit. After preparation of inventory and sale of the goods, the Receiver was directed to deduct 5 % of the sale price towards his remuneration, keep the balance in a separate bank account in a bank of his choice and to hold the same free from lien or encumbrances, subject to further orders of the Court.

The OECD 2008 Update to the Model Tax Convention incorporating India’s position , as approved by the Committee on Fiscal Affairs at its meeting of 24-25 June 2008 and the OECD Council on 17 July 2008 can be downloaded

In exercise of the powers conferred by sub-section (3) of section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that where an agreement entered into by the Central Government with the Government of any country outside India for granting relief of tax or as the case may be, avoidance of double taxation, provides that any income of a resident of India “may be taxed” in the other country, such income shall be included in his total income chargeable to tax in India in accordance with the provisions of the Income-tax Act, 1961 (43 of 1961), and relief shall be granted in accordance with the method for elimination or avoidance of double taxation provided in such agreement.

The murky case of alleged bribe of Rs. 15 lakhs to ITAT Member – turned – Punjab & Harayana High Court Judge – Justice Nirmal Yadav will now be probed by a three judge panel.

The Allahabad High Court dismissed the objection raised by the Additional Solicitor General of India Ashok Nigam on Monday. According to Nigam, the petitioner had no locus standi to challenge the appointment of Dr Satish Chandra as the High Court judge.

Lawyers, like other professionals, are now free to advertise their services on the Internet as the Bar Council of India today informed the Supreme Court that it has relaxed its rules on the issue in view of the changing global scenario.

On Wednesday night, a packet containing Rs 15 lakh in cash was delivered to a Punjab and Haryana High Court judge. The person who sent the cash was the Haryana Additional Advocate General Sandeep Bansal.

Income- Tax Appellate Tribunal Central Covt. Offices Building, 4th Floor. Maharshi Karve Marg, MUMBI 400 020. Dated the 11th July, 2008. O R D E R The following Members are hereby transferred in public interest in the same capacity to …

Transfers & Appointments of Hon’ble Members (July 2008) Read More »

The following Vice-Presidents of the Income tax Appellate Tribunal are hereby transferred in the same capacity in public interest, to the Zones of the Income Tax Appellate Tribunal  as shown against their name(s) with effect from 10th July 2008

It has been decided that all CCsIT (CCA) should redeploy officers and staff to clear the backlog in high pendency charges keeping in view the overall work load including pendency of scrutiny cases. Concerned CCsIT may take recourse to outsourcing of data entry as per standing instructions of the Board / Directorate of Systems on the subject. For this purpose, necessary funds would be placed at the disposal of the CCIT (CCA) for outsourcing of data entry. CCsIT(CCA) should send proposals to the Directorate of Income-tax (Systems) for outsourcing of data entry.