TII - Payments made overseas for purchasing licensed software classify as royalty: ITAT (See 'TOG Latest')I-T - Additions on account of unexplained cash credits are unsustainable if AO gives no reason for rejecting assessee's contentions: ITAT (See 'TOG Latest')Service Tax - Law does not prohibit reversal of credit to ISD & does not provide any procedure applicable to such situations: CESTAT (See 'TOG Latest')Central Excise - Merely because SCN is issued or is pending adjudication then this does not mean that other appeal proceedings must be kept in abeyance: CESTAT (See 'TOG Latest')Works Contract under Constitution and CGST Act - Dichotomy? (See 'The Insight')No timeline set for finalizing rules on drugs sale by E-Pharmacies: MoS (See 'TOG News')FDI in e-commerce - Govt panel to look into issues (See 'TOG News')TII - If assessee approached AAR seeking clarification on some issue then returns must not be filed before latter pronounces ruling: HC (See 'TOG Latest')I-T - Tribunal in capacity as last fact-finding authority cannot rest judgment only on alternative contentions raised by parties: HC (See 'TOG Latest')Central Excise - It is settled principle of law that Notification having no ambiguity in its wordings must be construed strictly: CESTAT (See 'TOG Latest')Customs - Entities importing goods from Nepal can choose between Managed Service Provider pilot project or older procedure: HC (See 'TOG Latest')Education loans upto Rs 20 lakh for study abroad being sanctioned: FM (See 'TOG News')e-filing of I-T returns grows 18.65% this fiscal: Fin Min (See 'TOG News')TP - Routing money through AE for acquiring distributorship is not advancing of money; no adjustments needed of notional interest: ITAT (See 'TOG Latest')
Tax on Go
Budget 2015
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