Even High Courts are required to pass speaking reasoned orders –The "inscrutable face of a sphinx" is ordinarily incongruous with ajudicial or quasi-judicial performance. Supreme CourtNEW DELHI , SEPT 01, 2008 : STATE of Himachal Pradesh is in appeal ..
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 which the return was ..
Criminal Complaint against Commercial Taxes Officers conductingSearch - factual scenario goes to show proceedings were nothing butabuse of process of law – complaint quashed: Supreme CourtNEW DELHI, AUG 31, 2008 : AN Assistant Commissioner of Commerc ..
CBDT expands definition of professionalsThe Central Board of Direct Taxes (CBDT) expanded the scope ofprofessional services to cover sportspersons, umpires and referees,making them liable for a higher tax deduction at source (TDS) at therate of 10% a ..
Tax tribunal rules in favour of foreign shipping companiesAugust, 25th 2008Foreign shipping companies have won the second round in their battlewith India's income-tax department.In a decision that could determine how these companies are taxed, anappe ..
Exemption from Sales Tax – not eligible if conditions are notfulfilled – when eligibility certificate is withdrawn, exemption orentitlement certificate is also deemed to have been withdrawn fromfirst day: Supreme CourtNEW DELHI, AUG 21, 2008 : UNDER ..
CUFFE PARADE CASEMan who fled with CA firm's money arrested in MathuraMumbai: After being on the run for four months, a 40-yearold man wastraced to Mathura for misappropriating a Cuffe Parade-based CAfirm's profits of Rs 50 lakh.Santosh Kumar Pathak ..
Income Tax technologically gearing up to step up search operationsin coming monthsNEW DELHI, AUG 17, 2008 : INVESTIGATION in search & seizure cases isa powerful tool in the hands of Income Tax Department. With thechanging profile of data storage in t ..
Agra builder pays Rs 36.7 cr I-T after raidThursday, 14 August , 2008, 15:44Last Updated: Thursday, 14 August , 2008, 15:53 Agra: A builder from Agra has paid Rs 36.7 crore in income tax after a raid revealed his undeclared assets worth Rs 10 crore, ..
August, 12th 2008The Supreme Court on Monday sought reply from PriceWaterhouseCoopersas to why the non-resident company should not pay advance tax on feecharged by it for providing services in India.A bench headed by Justice S H Kapadia issued notice ..
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