Saturday, January 30, 2010

CBDT

CBDT allows adjustment of Advance Tax in respect of Fringe Benefits of Accounting Year 2010-11 against Advance tax [Circular No. 2/2010]
source: www.taxamnn.com

Service Tax

Sec35A (3) of CE Act cannot be interpreted to infer that Commissioner (A) while hearing service tax appeals has no power to remand a matter [CESTAT-Del]