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 …

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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 …

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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, …

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‘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. …

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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 …

Distinction between shares held as stock-in-trade and shares held as investment – tests for such a distinction Read More »

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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see amended version here Work allocation – Representation of CIT(DRs) and Sr. DRs. before ITAT Work allocation of CIT(DRs)/Sr. DRs regarding- Reference is invited to Boards earlier Instruction No. 9 dated 15.9.2003 on the subject of work allocation of CIT(DRs)/Sr. …

Work allocation – Representation of CIT(DRs) and Sr. DRs. before ITAT Read More »