Tuesday, April 6, 2010

It is open to an assessee to exhaust remedies as provided for u/s 144C against transfer pricing order passed u/s 92CA(3)
Consolidated FDI Policy (Effective from 1-4-2010) - Circular No. 1 of 2010, dated 31-3-2010

Monday, April 5, 2010

Collection of sales tax as a part of dealers’ price is nothing but a trading receipt
Charges towards reimbursement of expenses cannot be included in income.
Bar as provided in section 80-IA(3) is to be considered only for first year of claim of deduction u/s 80-IA
Overseas Investments - Liberalisation - A.P. (DIR Series) Circular No.45, dated 1-4-2010
Income tax authorities for purposes of Dispute Resolution Panel Notified. http://ping.fm/YXA1N

Thursday, April 1, 2010

Service Tax on Rail freight deferred - Notification Nos. 20, 21 & 22/2010-Service Tax, dated 30-3-2010
Section 244A read with Explanation thereto does not exclude payment of interest on refund of self assessment tax
Collection of sales tax as a part of dealers’ price is nothing but a trading receipt. http://ping.fm/GQU3R