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DIRECT
TAX LAWS |
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Statutes |
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n
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Industrial Park
Scheme, 2008 - Notification No. 3/2008, dated 8-1-2008
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n
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Income-tax
(First Amendment) Rules, 2008 - Substitution of rule 18C -
Notification No. 2/2008, dated 8-1-2008
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From
SC/HC |
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n
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Proviso
inserted in section 113 by Finance Act, 2002 is clarificatory in
nature as it clarifies that relevant date for applicability of
Finance Act would be year in which search stood initiated under
section 158BC; section
158BB is required to be read with section 4
- CIT v. Suresh N. Gupta [Civil Appeal No. 32 of 2008]
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From
ITAT |
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n
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Delhi
ITAT on requirement of law in relation to validity of gifts of
movable and immovable properties - Ms. Mayawati v. Dy.
Commissioner of Income-tax [IT
Appeal NoS. 279 and 422 (delhi) of 2007] [Order Date
30-11-2007]
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SERVICE
TAX |
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From
CESTAT |
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n
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Assessee
was not liable to service tax as consulting engineer - Jyoti Ltd.
v. CCE [Appeal Nos. ST/16 to 18 of 2004]
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DAILY
CASE LAW REPORTER |
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Direct
Tax Laws |
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n
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Delhi ITAT on section 68 of the Income-tax Act,
1961 - Ms. Mayawati v. Deputy Commissioner of Income-tax
[ IT Appeal Nos. 279 and 422 (Delhi) of 2007]
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n
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Supreme Court on section 17 of Income-tax Act,
1961 - Commissioner of income-tax v. Infosys Technologies Ltd.
[CIVIL APPEAL NO. 3725 OF 2007]
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n
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Delhi ITAT on section 271 of the Income-tax Act,
1961 - British Airways Plc. v. Dy. Director of Income tax [INCOME
TAX APPEAL NOS. 583 TO 588 (DELHI) OF 2007]
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n
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Madhya Pradesh High Court on section 254 of the
Income-tax Act, 1961 - Ajit Kumar Pitaliya v. Income-tax Officer
[IT Appeal No. 179 of 2007]
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Corporate
Laws |
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n
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Andhra Pradesh High Court on section 13 of the
Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002 - Sri Yarnala Leela
Krishna Prasad v. Central Bank of India [WRIT PETITION NO. : 13387
OF 2006]
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Service
Tax |
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n
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Ahmedabad CESTAT on Rule 3 of the Cenvat Credit
Rules, 2004 - Saurashtra Exports v. Commissioner of Central Excise
[APPEAL NO. ST/21/2006]
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n
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Bangalore CESTAT on section 35F of the Central
Excise Act, 1944 - Popular Vehicles & Services Ltd. v.
Commissioner of Central Excise [APPEAL NO : ST/St/175 of 2006 IN
ST/282 of 2006]
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n
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Kolkata CESTAT on section 76 of the Finance Act,
1994 - Golden Security Service v. commissioner of Central Excise
[SERVICE TAX APPEAL NO. -39/06]
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n
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New Delhi CESTAT on section 65 of the Finance
Act, 1994 - Dhanshree Publicity v. Commissioner of Central Excise
[SERVICE TAX APPEAL NO. 188 OF 2007]
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n
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Chennai CESTAT on Rule 3 of the Cenvat Credit
Rules, 2004 - Brakes India Ltd. v. Commissioner of Central Excise
[APPEAL NO. E/418 OF 2007]
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NEWS |
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Direct
Tax Laws |
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n
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10-year tax holiday to jack up
manufacturing
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n
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Economists
favour tax status quo
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n
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Mumbai leads in direct tax collections
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n
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Rig shortage may get oil cos tax
holiday
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n
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Govt
may offer amnesty scheme for defaulters
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n
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Ten-year tax holiday for industrial
park developers
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n
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Mauritius
double tax treaty may be finetuned to survive I-T scrutiny
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Insurance
Laws |
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n
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Grocers
may lend insurance new lease of life
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Other
Laws |
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n
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Citibank India to establish Japan Desk
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n
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SBI
life plans to go public in 2009
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n
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Spend only 33% of budget in Q4:FM to
ministries
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