VLS Finance Ltd vs. CIT (Supreme Court) 158BC: A stay on the conduct of a “special audit” u/s 142(2A) amounts to a “stay of the assessment proceedings” and extends limitation […]
Is power not an infrastructure?
Background: One may wonder as to why this question is raised. The answer is simple. In the views of the Government of India, for levy of Service Tax, power is […]
Central Excise- e- payments and e-filing will increase from new Financial Year.
New Notification: By exercising the powers conferred by section 37 of the Central Excise Act, 1944, the Central Government has vide recent notification No. 04/2010-Central Excise (N.T.) issued at Head […]
QUICK REVIEW ON BUDGET 2012- DEDUCTIONS
QUICK RIVIEW ON BUDGET 2012- DEDUCTIONS DEDUCTION UNDER SECTION 80C Section 80C provides that in computing the total income of individual and HUF, a deduction up to Rs. 1 Lac […]
RECORDS AND INVOICES IN SERVICE TAX
Co-Author: Nikita Agarwal ACA, ACS Taxable service to be provided or credit to be distributed on invoice, bill or challan (Rule 4A of Service Tax Rules, 1994) Every person providing […]
Notice inviting comments/suggestions on Decriminalization of Compoundable Offences under the Limited Liability Partnership (LLP) Act, 2008(62 KB)
Notice inviting comments/suggestions on Decriminalization of Compoundable Offences under the Limited Liability Partnership (LLP) Act, 2008(62 KB) Source link – Know More
Intimation Under Rule 5(2)
IN DUPLICATE Intimation under Rule 5(2) of Service Tax Rules 1994 (Inserted by Notification No. 45/2007 dated 28-12-2007) To, The Superintendent Service Tax Range-____ Division _____ ________________ ________________(address) Dear […]
INVOCATION OF DOCTRINE LEX NON COGIT AD IMPOSSIBILIA IN TAX MATTERS
The doctrine ‘lex non cogit ad impossibilia’ means impossibility to comply with the legal provisions. This doctrine may be used as defence in legal proceedings. Whether this doctrine can be invoked […]
The Indian Constitution: Judge who did not himself wrote judgment and got it written by others can be dismissed – the Supreme Court.
Related links and references: Ajit Kumar vs. State of Jharkhand (Supreme Court) – http://judis.nic.in/supremecourt/CaseRes1.aspx Articles 233 – 236, 309 – 311 of the Indian Constitution. The related provisions of the […]
Service Tax Implications on Auxiliary Educational Services of Educational Institutions
Introduction: As everyone are aware that services provided by educational institutions by way of pre-school education, higher secondary school and education as part of curriculum are covered under negative list […]