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Thursday, August 25, 2011

Fwd: TaxGuru : “Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010” plus 16 more



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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Thu, Aug 25, 2011 at 9:57 AM
Subject: TaxGuru : "Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010" plus 16 more
To: palashbiswaskl@gmail.com


TaxGuru : "Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010" plus 16 more

Link to TaxGuru.in - Daily Tax and Corporate Law Update

Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010

Posted: 24 Aug 2011 09:21 PM PDT

NOTIFICATION NO. 41/2011 [F.NO. 187/11 /2009-ITA.I], DATED 19-8-2011 - In the notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 62/2010, dated 27-7-2010 bearing S.O. 1843(E) and...

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Comments suggestions invited regarding levy of service tax on distributors/sub-distributors of films & exhibitors of movie

Posted: 24 Aug 2011 07:55 PM PDT

These representations have been examined. Subsequent to CBEC Circular No. 109/03/2009 dated 23.02.2009, temporary transfer or permitting the use or enjoyment of, any copyright defined in the Copyright Act, 1957 (14 of 1957), except the rights...

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CS exam Results to be declared on 25th August 2011 (Today) at 11:00 AM

Posted: 24 Aug 2011 12:58 PM PDT

The CS Result shall be declared on 25th August 2011 at 11:00 AM on the official website of ICSI- http://www.icsi.edu/

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India Signs Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion (DTAA ) with Georgia

Posted: 24 Aug 2011 08:07 AM PDT

India Signs DTAA with Georgia -The Government of India today signed an Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital (DTAA) with Government of Georgia. The Agreement...

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PM's opening remarks and All party resolution on Lokpal Bill

Posted: 24 Aug 2011 07:40 AM PDT

All party resolution on Lokpal Bill - This meeting of all parties in Parliament requests Shri Anna Hazare to end his fast. The meeting was also of the view that due consideration should be given to the Jan Lokpal Bill so that the Final Draft of the...

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SEBI- All complaints to be forwarded electronically through SCORES only

Posted: 23 Aug 2011 10:17 PM PDT

SEBI has commenced processing of investor complaints in a centralized web based complaints redress system 'SCORES'. The salient features of this system are: Centralized database of all complaints. Online movement of complaints to the...

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Service Tax – Govt issues show cause notices to Delhi, Mumbai Airport to recover Rs. 200 Crore

Posted: 23 Aug 2011 09:55 PM PDT

The government on Tuesday said it has issued notices to operators of Delhi and Mumbai airports to recover service tax dues amounting to about Rs 200 crore. A Showcause-cum-demand notice has been issued to Mumbai International Airport Pvt...

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Govt. impose definitive anti-dumping duty on imports of Caustic Soda, originating in, or exported from, Thailand, Chinese Taipei and Norway

Posted: 23 Aug 2011 09:30 PM PDT

Notification No. 79 /2011-Customs G.S.R. (E). - Whereas in the matter of imports of Caustic Soda (hereinafter referred to as the subject goods), falling under Chapter 28 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),...

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Andhra Pradesh PT Payment–Due Date changed

Posted: 23 Aug 2011 09:30 PM PDT

Andhra Pradesh Professional Tax department has revised the date for Monthly PT remittance to 10th of every month (It used to be 15th). In exercise of the powers, conferred by section 30 of the Andhra Pradesh Tax on Professions, Trades, Callings and...

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Custom Duty – Issue of Customs House Agent License – Reference from field formations

Posted: 23 Aug 2011 09:30 PM PDT

Circular No.38/2011-Customs Representations have been received in the Board to grant reasonable opportunities to persons qualified under Regulation 9 of the erstwhile CHALR, 1984 but not granted CHA Licence at par with that currently available to...

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RA's may scrutinize the ITC HS codes, IE codes etc of those allocated quantity of Rough Marble Blocks for import for Financial Year 2011-12

Posted: 23 Aug 2011 09:29 PM PDT

In Trade Notice number 16 issued on 17th August 2011, allocation of 5 lakh MT of rough marble blocks has been made to 397 applicants for ITC HS codes 25151100 and 25151210 as indicated in Notification number 64 of 4th August 2011 . RA's may...

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Minimum Export Price of Onions other than Bangalore Rose Onions and Krishnapuram onions raised to US$ 300 per Metric Ton

Posted: 23 Aug 2011 09:27 PM PDT

Notification No 68 (RE – 2010)/2009-2014 Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and Krishnapuram onions will be US$ 300 per Metric Ton F.O.B. It was US$ 275 per Metric Ton as notified on 12.08.2011. There is no...

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DGFT allows import of required raw materials for exports of 'Briefcases/Suitcases/Beautycases' made up of Poly Carbonate

Posted: 23 Aug 2011 09:26 PM PDT

There has been advancement in the technology in the field of manufacture of 'Briefcases/Suitcases/Beautycases'. Due to advancement in the technology, the Poly Carbonate (PC) is being used in place of ABS/other polymers, to provide higher impact...

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IRDA – Solvency Margin of Non-life Insurance in respect of Motor TP Pool

Posted: 23 Aug 2011 09:25 PM PDT

Ref:IRDA/ F&A/CIR/SOLP/195/08/2011 - The Circular clarified the position related to the retrocession of premium received from the TP Pool and excluded it from the calculation for the RSM, the position related to treatment of share of claim...

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Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Amendment in Notification No. S.O. 732(E), dated 3-7-2001

Posted: 23 Aug 2011 09:23 PM PDT

NOTIFICATION NO. 43/2011 [F. NO. 187/01-2011-ITA.I], DATED 19-8-2011 In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961) the Central Board of Direct Taxes hereby makes the following...

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Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Director General/Director (Intelligence & Criminal Investigation)

Posted: 23 Aug 2011 09:22 PM PDT

NOTIFICATION NO. 42/2011, - Section 120(1) and (2) Of the Income-Tax Act, 1961 - Income-Tax Authorities - Jurisdiction of Director General/Director (Intelligence & Criminal Investigation) - Supersession of Notification Nos. S.O. 883(E), Dated...

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Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of Commissioners – Corrigendum to Notification No. 62/2010, dated 27-7-2010

Posted: 23 Aug 2011 09:21 PM PDT

Notification No. 41/2011 -In the notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 62/2010, dated 27-7-2010 bearing S.O. 1843(E) and published in the Gazette of India,...

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Palash Biswas
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