A body financed by Govt. to promote members of SCs, STs or OBCs is eligible for Sec. 10(26B) relief: Kerala HC

INCOME TAX : Where assessee is a body viz., incorporated under Companies Act and formed to achieve or promote interests of members of Scheduled Castes or Scheduled Tribes or backward…

Continue ReadingA body financed by Govt. to promote members of SCs, STs or OBCs is eligible for Sec. 10(26B) relief: Kerala HC

CCI imposes penalty on paper manufacturers for indulging in cartelization

COMPETITION LAW: Penalty was to be imposed on paper manufacturers for indulging in cartelizationCOMPETITION LAW: Penalty was to be imposed on paper manufacturers for indulging in cartelizationwww.taxmann.com Latest Case LawsRead…

Continue ReadingCCI imposes penalty on paper manufacturers for indulging in cartelization

Profits gained by buying space on ships at lower price amp; selling at higher price can’t be treated as Camp;F Agent Services: CESTAT

EXCISE/ST/VAT : Profits gained by buying space on ships at lower price and selling at a higher price to the customers cannot be called "Clearing and Forwarding Agent ServiceEXCISE/ST/VAT :…

Continue ReadingProfits gained by buying space on ships at lower price amp; selling at higher price can’t be treated as Camp;F Agent Services: CESTAT

A body formed but financed by Govt. to promote members of SCs, STs or OBCs is eligible for Sec. 10(26B) relief: HC

INCOME TAX : Where assessee is a body viz., incorporated under Companies Act and formed to achieve or promote interests of members of Scheduled Castes or Scheduled Tribes or backward…

Continue ReadingA body formed but financed by Govt. to promote members of SCs, STs or OBCs is eligible for Sec. 10(26B) relief: HC

Reopening of assessment on same facts duly considered during original assessment is not justified: HC

INCOME TAX : Where all documents pertaining to purchase of three properties were furnished by assessee and Assessing Officer also verified documents and clearly formed an opinion for purpose of…

Continue ReadingReopening of assessment on same facts duly considered during original assessment is not justified: HC