Rs 9 Cr Unearthed In I-T Raid25 Jan 2009, 2315 hrs IST, TNN Text: VADODARA: Undisclosed income to the tune of Rs 9 crore biggest ever in the city was detected by I-T sleuths during a two-day survey at a builder's premises in the city. Chief commissio ..
SC Directs Vodafone To Respond To IT Authorities1/24/2009In a major setback to Netherlands-based Vodafone, the Supreme Court directed M/S Vodafone to respond to the Income Tax Department notice, demanding two billion dollars as capital gained tax in ..
NEW DELHI : India’s inflation rate rose to 5.60 percent for the week ended 10th January from 5.24 percent in the previous week. The rates are on the declining track for the past one month mainly on declining fuel rates globally and domestically. Th ..
Madras HC Dismisses Jaya's Discharged Petition In Wealth Tax Case1/21/2009The Madras High Court dismissed a discharged petition filed by former Tamil Nadu Chief Minister J Jayalalithaa in the Wealth tax case, pending in the Economic Offences court.Wh ..
9 January 2009 :In a landmark judgment today the division bench comprising Hon'ble Mr. Justice Ranjan Gogoi and Hon'ble Mr. B.K.Sharma of the Hon'ble Gauhati High Court has been pleased to declare the Assam Entry Tax 2008 compensatory and upheld the ..
The Supreme Court on Monday dismissed Sterlite Industries' plea seeking a stay on the Madras High Court judgement that asked the company to deposit additional excise duty of Rs 15 crore.A bench headed by Justice D K Jain dismissed the Sterlite's plea ..
New Delhi (PTI): The Supreme court on Monday admitted a petition filed by Pepsico India Holding challenging the Kerala High Court judgement that denied sales tax exemption to the soft drinks major.A bench headed by Justice S B Sinha while admitting t ..
Mentor - Income TaxWeb Extras - Courts/Legal Issues‘Issue’ versus ‘service’ of notice ________________________________________The law says that the notice under Section 143(2) is required to be served within 12 months from the end of the month in whi ..
The Central Board of Direct Taxes have ordered that any return of income for the assessment year 2008-09 filed electronically on 30th September 2008, in respect of which the electronic acknowledgement bears the date stamp of 1st October 2008, shall b ..