SERVICE TAX
ARTICLES
Allowability of Cenvat credit on mobile phones—Dr. Sanjiv Agarwal 538
*Committee on Disputes—M. Govindarajan 813
Excess payments under service tax—R. Muralidharan 8
*Existence of service provider and service receiver – Test for taxability of service—Dr. Sanjiv Agarwal 802
Input service and output service—Dr. Sanjiv Agarwal 5
Issues in adjudication under service tax—R. Muralidharan 543
Levy of service tax on services of non executive directors of companies—M. Govindarajan 10
Management consultancy services rendered to subsidiary company—M. Govindarajan 546
Refund of service tax—Dr. Sanjiv Agarwal 539
Service tax—Production of records—Dr. Sanjiv Agarwal 2
*Service tax in India—Exports and imports—Dr. Sanjiv Agarwal 805
Service tax rate—Reduction or exemption—Dr. Sanjiv Agarwal 275
Service tax returns—Belated filing—Dr. Sanjiv Agarwal 273
*Service tax show cause notice—Few interesting issues—R. Muralidharan 816
Some issues in commercial training or coaching centre services—M. Govindarajan 278
Taxable service analysed—Airport services—Dr. Sanjiv Agarwal 16
Taxable service analysed—Architect services—Dr. Sanjiv Agarwal 285
Taxable service analysed—Asset management services—Dr. Sanjiv Agarwal 550
*Taxable service analysed—ATM operations, maintenance or management service—Dr. Sanjiv Agarwal 818
Words and phrases used in service tax—R. Muralidharan 282
FREQUENTLY ASKED QUESTIONS
*As issued by CBEC on its website—Dr. Sanjiv Agarwal 823
Frequently asked questions on advance ruling in service tax—Dr. Sanjiv Agarwal 22
Refund of service tax—Dr. Sanjiv Agarwal 555
Service tax rate—Dr. Sanjiv Agarwal 291
SERVICE TAX GUIDANCE
Application for seeking advance ruling from Authority for Advance Rulings—Form No. AAR (ST)—Dr. Sanjiv Agarwal 559
Exemption to special economic zones—Dr. Sanjiv Agarwal 294
*Large tax payer units—Dr. Sanjiv Agarwal 835
Replying to show cause notice—Dr. Sanjiv Agarwal 26
CASE SCAN
Person liable to pay service tax when services rendered from outside India—Dr. Sanjiv Agarwal 566
Valuation of photography services 28
QUERIES & REPLIES
|
Business auxiliary services – Supply of specialized cards |
|
– Weighing scale |
|
Cenvat credit – Hundred per cent availability |
|
– *Input service |
|
– Utilization of education cess |
|
*Coaching services – Spoken English Course |
|
Entertainment services – Performance at musical evening |
|
*Export exemption - Containerized transport by rail |
|
Health/Fitness services – Chargeability |
|
*Interior Decoration Service – Taxability |
|
Legal services – Taxability |
|
Maintenance and repairs of equipments under contract – Valuation |
|
Management consultancy services – Group companies |
|
Outsourcing of Company Secretary services – Taxability |
|
Pre-deposit – Waiver for BIFR companies |
|
Stock broking service - Liability of sub-brokers |
|
Sub broker’s services in real estate – Taxability |
|
Supply of food under out door catering service – Taxability |
|
Supply of tangible goods – Under lease agreement |
|
*Wrong credit – Reversal |
PROBLEMS & SOLUTIONS
|
*Advertising services |
|
Input services – Fire proofing service |
NEWS & VIEWS
SERVICE TAX NEWS
Banks get service tax relief on deposit insurance premium 576
Banks may have to pay tax on premium to insure deposits 39
Benefit for FIIs, insurance & banking customers 310
Centre against service tax waiver on transmission 36
Centre mulls tax relief for units in SEZs 574
Centre’s tax revenues take a Rs 60,000-cr hit 38
*Election code delays service tax exemption for SEZ units & developers 848
Faster service tax refunds on cards 37
Govt to pay 70% service tax claim to exporters in a day 40
GSTation—Next big reform: one tax regime 42
Low and single rate GST will boost growth 307
Movie screening to be kept out of service tax net 43
No service-tax on road construction : CBEC 303
Norms soon for tax on export of services 39
PowerGrid approaches ministry to sort out tax issue 41
*Small service providers to come under tax net 848
Software market shrinks 40% as multiple taxation error pops up 303
Tax cut a move towards GST? 44
Tax refund changes insufficient : Exporters 575
Tax refund for SEZ input services 305
Tax refunds for BPOs, marketing agents 306
Third stimulus : Govt cuts excise, service tax by 2% 309
Utility Services set to cost less 44
SERVICE TAX KNOWLEDGE BROWSER
Periodicals / Magazines / Journals 45, 311, 577, *850
Newspapers 45, 311, 577, *850
Programme & Events 46, 311, 577, *850
People at the Helm 47, 312, 578
Reader’s Poll for April 2009 578
Result of Poll for March, 2009 578
Humour in service tax 47, 312, 579, *851
FULL REPORTS
CIRCULARS
Circular No. 109/03/2009, dt. 23rd Feb., 2009—Service tax on movie theatres—Reg. 139
Circular No. 110/04/2009-ST, dt. 23rd Feb., 2009—Reference from Commissioner Nashik seeking clarification in respect of levy of service tax on repair/ renovation/widening of roads—Regarding 141
Circular No. 111/05/2009-ST, dt. 24th Feb., 2009—Applicability of the provisions of the Export of Services Rules, 2005 in certain situations 142
Circular No. 112/06/2009–ST, dt. 12th March, 2009—Filing of claim for refund of service tax paid under Notification No. 41/2007-ST, dt. 6th Oct., 2007 394
NOTIFICATIONS
Notifications under s. 93 of the Finance Act, 1994
—Notification No. 8 of 2009, dt. 24th Feb., 2009—Reduction of rate of service-tax from 12 per cent to 10 per cent 144
—Notification No. 9 of 2009, dt. 3rd March, 2009—Exemption in respect of services provided in relation to the authorised operations in a Special Economic Zone, and received by a developer or units of a Special Economic Zone 397
RULES
Service-tax (Amendment) Rules, 2009—Notification No. 10 of 2009, dt. 17th March, 2009—Amendment in Form ST-3 664
PRACTICE GUIDE
LATEST FROM INSTITUTES
1. Key Announcements—Announcement on Admission as Fellow Member 145
Announcement on Views/Suggestions on Corporate Affairs Standard 401
*Announcement relating to AS-11 897
Auditor’s Responsibilities Relating to Restructuring of Advances 665
Exemptions for Chartered Accountants in Examinations Conducted by Insurance Institute of India 144
Internal Auditor cannot be tax auditor – Further Clarification 401
*MRA with CPA Australia 897
Permission to be taken to pursue another course alongwith Articleship 667
Revised Standard on Auditing (SA) 510—Initial Audit Engagements - Opening Balances 402
Revised Standard on Auditing (SA) 530—Audit Sampling 146
Revised Standard on Auditing (SA) 540—Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures 148
Revised Standard on Auditing (SA) 550—Related Parties 403
*Standard on Auditing (SA) 500 (Revised)—Audit Evidence 898
*Standard on Auditing (SA) 720—The auditor's responsibility in relation to other information in documents containing audited financial statements 899
Standard on Internal Audit (SIA) 14—Internal Audit in An Information Technology Environment 667
Standard on Internal Audit (SIA) 15—Knowledge of the Entity and its Environment 669
Standard on Internal Audit (SIA) 16—Using the Work of an Expert 669
Time frame for conducting bank branch statutory audit assignment - A critical factor for auditors to perform quality audit 665
2. Seminars, Conferences & other events 406, 670, *901
LATEST FROM NEWSPAPERS
1. Accounts/Audit—CAs to check annual reports for misstatement of facts 407
Cos. could count out forex losses for 2 more years 671
Cos may have to rework if auditors object 671
*Delay in AS-11 to create deferred tax liability 902
*Finally, India Inc gets relief from AS-11 norms 903
ICAI favours 3-year rotation of auditors 149
ICAI flays RBI move to allow banks to restructure bad loans 672
IFRS to be in place by Apr '11 673
Independent regulatory body for audit in works 407
India Inc in a spot over forex contract losses 408
More than one auditor likely to be must for cos 410
*Separate disclosure likely for corporate forex losses 904
*US banks get breathing room with revamed accounting rule 905
2. Company Law—Law soon on forfeiting frozen demat assets 150
3. Direct Taxes
Exemption—Companies setting up units in SEZs under I-T dept lens 151
—Govt mulls tax pass-through status for VCFs across sectors 152
—IT SEZs get tax breather, to enjoy full benefits 411
Fringe benefit tax—Finmin puts down FBT exemption proposal for exporters' tours abroad 412
ITAT ruling—Indian arms of foreign cos allowed to carry forward losses 153
Search and Seizure—IT at loggerheads with tax Tribunal 674
Supreme Court ruling—Non-resident cos liable to deduct TDS of expat staff deputed in India, says SC 675
—SC dismisses plea against Sony Ent 413
Tax collection—Direct tax collection slows, misses forecast 154
Tax dossier—Taxpayers may have to spill the beans on Swiss bank a/cs 154
Tax laws abroad—Indians doing biz in US must reveal offshore accounts 676
—US may end deferred tax on foreign income 414
Tax litigation—Rs 65k-cr tax dispute cases hang fire 415
TDS—*CBDT brings out new TDS norms for greater transparency 906
—TPAs under I-T dept's scanner for TDS default 155
4. External Commercial Borrowings—*Companies line up innovative bond issues 907
5. Foreign Direct Investment—DIPP issues new norms for calculating FDI in Indian Firms 156
Dipp set to clear confusion about PN 1 677
FDI in mortgage guarantee companies capped at 49%—FIPB asks US-based genworth financial to divest 51% stake in Indian arm 157
Govt to tweak FDI norms again—To keep prohibited sectors out of reach of indirect foreign investment 158
No backdoor entry for FDI in multi-brand retail 416
6. Insurance—*Health insurance renewals eased 907
*IRDA mulls separate norms for bancassurance 908
IRDA to track life companies, payments to intermediaries 678
7. RBI—Fund raising to get tough from April 1 679
Government, RBI sign new deal on market stabilization scheme 417
RBI tries to goad economy with another cut in rates 418
RBI unveils new steps to counter slowdown 159
RBI wins important battle on regulation 681
8. SEBI—Guidelines for preferential share issues relaxed 419
Sebi changes norms for IPO issues—Validity period of observations has been raised to 12 mths; guidelines for bonus issues also amended 160
ARTICLES
Achieving sustainable development—Some issues—Dr. V. Balachandran & C. Vijay 439
Assignment of copyright—Some issues—Dr. V. Balachandran 712
Cloud computing—Dr. V. Balachandran & Mrs. T. Sunitharani 454
Company directors—Privileges and penalties—S. M. Gupta 173
Compounding of offences involving public interest—Dr. K.S. Ravichandran & Dr. V. Balachandran 688
Corporate ethics—Dr. V. Balachandran & Dr. V. Chandrasekaran 170
E-banking—Legal issues governing internet banking in India—Dr. V. Balachandran & M. Sree Sakthivelan 187
Encumbrance of shares by promoters and their group—S. M. Gupta 684
Enforcement of security interest under the Securitization Act—Scope, ambit and implications of section 13—V. Gopalan 442
*Gaining investors’ confidence through custodians and depository audit—Dr. V. Balachandran & Dr. R. Srinivasan 931
*Interest payable under excise act subsequent to provisional assessment—R. Raghunathan 935
Interim measures—Vital issues—Naresh Kumar 182
*Is permission of Court necessary for compounding of offences—Dr. K.S. Ravichandran & Dr. V. Balachandran 944
Officer who is in default—An analysis—D.K. Prahlada Rao 436
Patent—Legal and regulatory framework in India—Naresh Kumar 690
Power of official liquidator to demand statement of affairs from ex-director of a company—R. Raghunathan 164
Public interest litigation—A boon turning out to be a bane—V. Gopalan 702
*Sarbanes-Oxley Act, section 404—Compliance Maturity—Dr. V. Manickavasagam & K.N. Srinivasan 909
Section 54F revisited—Dr. Sunil Shenoy 420
The Competition Act and issue of dominance—Naresh Kumar 423
*The effectiveness of the SEBI regulations in checking insider trading—Naresh Kumar 919
Whether minutes of Board meeting need confirmation before implementation—C.M. Bindal 682
Whether prior hearing is essential to the person to be prosecuted before launching prosecution—T.N. Pandey 161
LECTURE SERIES
*Business excellence—Dr. V. Balachandran 946
Enterprise social software—Dr. V. Balachandran & Dr. S. Thothadri 195
General structure of e-form and e-filing—Dr. V. Balachandran 197
Significance of the expression “Aggrieved of an offence”—Dr. K.S. Ravichandran & Dr. V. Balachandran 456
*Systems lifecycle—Dr. V. Balachandran 948
Workstation—Dr. S. Thothadri & Dr. V. Balachandran 714
PROBLEMS & SOLUTIONS
|
Accounts – Placing unaudited accounts before AGM |
|
*Allotment of shares – Directors who made it did not have qualification shares |
|
Books of accounts – Maintenance at a place other than the registered office |
|
Company secretary – Appointment of more than one persons |
|
*Deposit – Private company |
|
Director – Providing additional disqualifications |
|
Dispute between director and company – Arbitration |
|
Extraordinary general meeting – At a place other than the registered office |
|
*Filing the annual return – Without holding the meeting |
|
*Memorandum of Association – Incidental objects |
|
Prospectus – Untrue statements |
|
Refusal to convene Extraordinary General Meeting – Validity |
|
Removal of director – Validity |
EXPERTS’ OPINIONS
. Accounts/Audit—Enterprise Risk Management (ERM) - Adithya Bhat 459
IAS 17 : Leases - A closer look - K.S. Muthupandian 717
Measurement and management of risk - Dr. V. Gangadhar & Dr. G. Naresh Reddy 460
Risk reporting : An essence of risk management - Subhajit Ghosh 460
2. Banking—Banking systems security - End users need to exercise caution - A.K. Upadhyaya 461
Operational risk : An important issue in modem banking - Soumya Mukherjee 462
3. Company Law—*Assets health check – AHC rules - Abhishek Tiwari 951
Can a company cancel or postpone a general meeting – Dr. K.R. Chandratre 200
Can directors seek immunity from prosecution when company accounts fudged for years and corporate governance fails miserably ? - Delep Goswami 718
Corporate compliance of labour laws - Abhishek Jain & Aarushi Jain 719
Corporate policies and praxes - Key to improved governance - Lalit Jain 463
Impact of postal ballot mechanism in improving shareholders' participation in corporate decision making : A research study – Professor J. P. Sharma & Poonam Sethi 201
*Market for corporate control – An effective mechanism of corporate governance – Shilpi Thapar 952
*The Companies Bill 2008 – The proposed provisions concerning prevention of oppression & mismanagement – Little reform; more redesigning - Dr. K. R. Chandratre 953
Whether legal heirs of a former employee are liable to be prosecuted under section 630 of the Companies Act 1956 ? - N. K. Sharma 720
4. Direct Taxes
Appeal (Tribunal)—Constitution of a Special Bench—When and why—Rajendra 463
—Tribunal's power to admit additional ground—The technical twist—Minu Agarwal 464
Assessment—Direction under section 263 and limitation under section 153(3)(ii)—M.S. Prasad 201
Business expenditure—Applicability of section 14A to dealer in shares relating to dividend income—R. Raghunathan 202
Capital gains—Hanging between full value of consideration and fair market value—Minu Agarwal 202
—Capital gains not computable on compensation received for nationalization of a Bank—M.S. Prasad 202
—Deemed full value of consideration—Does section 50C need a pragmatic modification—Minu Agarwal 203
—Relief under section 54F vis-a-vis house purchased with borrowed funds—K. R. Jangid 721
—Sections 54 and 54F—Whether same sale proceeds need to be invested—T.N. Pandey 721
Deduction—Meaning of ‘book’ in the context of section 80QQB for claiming tax benefit—T.N. Pandey 203
Depreciation—Admissibility of full depreciation where the previous year is less than 12 months—M.S. Prasad 464
—Department’s moves to block practical application of depreciation on block of assets—R. Raghunathan 203
Income—Can waiver of loan by creditor be taxed as income of debtor—R. Santhanam 721
—Waiver of commercial loan—A benefit without any tax hazard—Minu Agarwal 722
Income/House Property—Section 25B and assessability of receipt in a previous year of arrears of rent of earlier years—M.S. Prasad 722
Income/Non-resident—Tax consequences of a mere sourcing office of non-resident—R. Raghunathan 464
IT authorities—Section 133(6) can be invoked even if no proceedings are pending—T.N. Pandey 464
Penalty—Penalty in block assessment for amount surrendered by assessee—R. Raghunathan 465
Reassessment—Salient features and recent developments in sections 147 to 153—N. M. Ranka 465
Return—Defective return needing statutory correction—Minu Agarwal 466
Salary/Perquisite—Expecting the taxpayers to do the impossible—T.N. Pandey 204
Survey—Evidentiary value of material collected during survey—New judicial twist—Minu Agarwal 722
Transfer pricing—Natural justice in transfer pricing provisions—R. Raghunathan 723
—Transfer pricing – Some issues - C.A. Rohit Garg 204
5. Special Economic Zones—Special Economic Zones, an integrated approach - An appraisal – D.K. Prahlada Rao 205
PROCEDURAL ASPECTS
*Certificate of commencement of business—Dr. V. Balachandran 955
Preferential allotment of shares by a listing company—Dr. V. Balachandran 205
Procedure for compounding of offences—Dr. V. Balachandran 208
Procedure for delisting of securities of companies—Dr. V. Balachandran 466
*Procedure for registration of stock brokers—Dr. V. Balachandran 953
Winding up of unregistered companies—Dr. V. Balachandran 723
CENTRAL SALES TAX / VAT
. SALES TAX
CIRCULARS
Trade Circular No. 9T of 2009, dt. 21st March, 2009—Issued by CST, Maharashtra—Filing of revised return as advised by the Auditor 726
Trade Circular No. 10T of 2009, dt. 23rd March, 2009—Issued by CST, Maharashtra—Pending P’s under B.S.T. & C.S.T. Acts up to P year 2004-05 and instructions for disposal thereof 727
Circular No. 3/2009, dt. 23rd March, 2009—Kerala Finance Bill, 2009-10–Operational instructions for implementation of the provisions of the Bill 728
Trade Circular No. 12T of 2009, dt. 31st March, 2009—Issued by CST, Maharashtra—Procedure for online submission of application for the statutory forms (C/F/H/EI/EII) 730
NOTIFICATIONS
Notification No. G.O. Ms. No. 88/F2/2009, dt. 27th Feb., 2009—Under s. 8(5) of CST Act, issued by Puducherry Government 730
Notification No. G.O. Ms. No. 89/F2/2009, dt. 27th Feb., 2009—Under s. 8(5) of CST Act, issued by Puducherry Government 731
*G.O(P) No. 48/2009/TD, dt. 13th March, 2009—Under s. 23B(3) of Kerala General Sales Tax Act, 1963 957
G.O. (Ms.) No. 34, dt. 20th March, 2009—Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2008 – Eligibility of a financial Institution or a Debt Recovery Tribunal which has taken possession of a defaulting dealer to be an applicant under the Act – Clarification – Issued 732
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 8-A(1) of Karnataka Sales Tax Act, 1957 957
RULES
Notification No. FD 287 CSL 2008, dt. 3rd Feb., 2009—Central Sales Tax (Karnataka) (Amendment) Rule, 2009 209
Notification No. F.12(22)FD/TAX/09-99, dt. 27th Feb., 2009—Central Sales tax (Rajasthan) (Amendment) Rules, 2009 210
2. VAT
ACTS
Assam VAT (Amendment) Act, 2009 210
Jammu and Kashmir VAT (Amendment) Act, 2008 732
CIRCULARS
Circular No. 07 of 2008-09/No.F.6(63)/POLICY-I/VAT/2009/871, dt. 12th Feb., 2009—Issued by Delhi Government receipt of DVAT 51 469
NOTIFICATIONS
Notification No. FTX.289/2000/PT-II/92, dt. 4th Feb., 2009—Under s. 3(4) of Assam VAT Act 211
Notification No. 4/5/2005-FIN(R&C)(59), dt. 9th Feb., 2009—Under s. 6(4) of Goa VAT Act 212
Notification No. 4/5/2005-FIN(R&C)(60), dt. 9th Feb., 2009—Under s. 6(3) of Goa VAT Act 214
Notification No. S.O. /P.A.8/2005/S.8/2009, dt. 14th Feb., 2009—Under s. 8(3) of Punjab VAT Act 214
G.O.Ms. No. 175, dt. 18th Feb., 2009—Andhra Pradesh VAT Act, 2005 – Amendment to the Schedule –IV of the said Act – Notification – Issued 215
Notification No. VAT-1509/CR-9/TAXATION-1., dt. 18th Feb., 2009—Under s. 41(1) of Maharashtra VAT Act 734
Notification No. S.O. /P.A.8/2005/S.8/2009, dt. 19th Feb., 2009—Under s. 8(3) of Punjab VAT Act 215
Notification S.R.O. No. 66/2009, dt. 25th Feb., 2009—Under s. 17A of Orissa VAT Act 469
Notification No. F.12(94)FD/TAX/07-92, dt. 27th Feb., 2009—Under s. 4(5) of Rajasthan VAT Act 216
Notification No. F.12(94)FD/TAX/07-93, dt. 27th Feb., 2009—Under s. 8(2) of Rajasthan VAT Act 216
Notification No. F.12(42)FD/TAX/2006-96, dt. 27th Feb., 2009—Under s. 8(3) of Rajasthan VAT Act 216
Notification No. FTX.74/2008/11, dt. 27th Feb., 2009—Under s. 110 of Assam VAT Act 470
Notification No. FTX.176/2004/PT/109, dt. 27th Feb., 2009—Under s. 110 of Assam VAT Act 471
Notification No. (GHN-8) VAT-2009/S.40(1)(5)-TH, dt. 27th Feb., 2009—Under s. 40(1) of Gujarat VAT act 471
Notification No. (GHN-9)VAT- 2009-S.41(1)(11)-TH, dt. 27th Feb., 2009—Under s. 41(1) of Gujarat VAT Act 473
Notification No. (GHN-10)VAT-2009-S.41 (1)(10)-TH, dt. 27th Feb., 2009—Under s. 41(1) of Gujarat VAT Act 474
Notification No. G.O. Ms. No. 86/F2/2009, dt. 27th Feb., 2009—Under s. 31 of Puducherry VAT Act 734
Notification No. G.O. Ms. No. 87/F2/2009, dt. 27th Feb., 2009—Under s. 31 of Puducherry VAT Act 734
Notification No. KA.NI.-2-505/XI-9(1)/08-U.P.ACT-5-2008-ORDER-(43)-2009, dt. 2nd March, 2009—Under s. 4(4) of U.P. VAT Act 474
Notification No.-KA.NI,-2-535/XI-9(1)/08-U.P.ACT-5-2008-ORDER-(44)-2009, dt. 2nd March, 2009—Under s. 4(4) of U.P. VAT Act 475
G.O.Ms. No. 413, dt. 2nd March, 2009—Under s. 79(1) of A.P. VAT Act 475
Notification No. F.101(318)/2005-FIN.(A/CS)(I)/8581, dt. 9th March, 2009—Under s. 1(3) of Delhi VAT Act 476
G.O. Ms. No. 35, dt. 30th March, 2009—Under s. 80(1) of Tamil Nadu VAT Act 735
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 5(1) of Karnataka VAT Act 958
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 5(1) of Karnataka VAT Act 959
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 4(3) of Karnataka VAT Act
959
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 4(1)(a) of Karnataka VAT Act 959
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 4(3) of Karnataka VAT Act 959
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 5(1) of Karnataka VAT Act 960
*Notification No. FD 63 CSL 2009, dt. 30th March, 2009—Under s. 4(3) of Karnataka VAT Act 960
Notification No. SO. 40/H.A. 6/2003/S. 59/2009, dt. 31st March, 2009—Under s. 59(1) of Haryana VAT Act 735
RULES
Notification No. G.S.R. /P.A.8/2005/S.70/AMD.(19)/2009, dt. 16th Feb., 2009—Punjab VAT (Third Amendment) Rules, 2009 217
Notification S.R.O No. ……., dt. 25th Feb., 2009—Orissa VAT (Amendment) Rules, 2009 217
Notification No. F.12(22)FD/TAX/09-98, dt. 27th Feb., 2009—Rajasthan VAT (Amendment) Rules, 2009 218
Notification No. VAT/AMD-1007/IB/ADM-6., dt. 4th March, 2009—Under rr. 17 & 17A of Maharashtra VAT Rules, 2005 736
CONCISE JUDICIAL REPORTS
|
A & G. Projects & Technologies Ltd. vs. State of Karnataka (2009) 19 VST 239 (SC) |
|
Andhra Agencies vs. State of A.P. (2009) 19 VST 1 (SC) |
|
Astra Lighting Ltd. vs. State of Punjab (2009) 19 VST 100 (P&H) |
|
Bharat Petroleum Corporation Ltd. vs. State of Punjab & Anr. (2009) 19 VST 118 (P&H) |
|
Commr., Trade Tax/Commercial Tax vs. Perfetti Van Melle (India) (P) Ltd. (2009) 19 VST 218 (Uttarakhand) |
|
Corporation Bank vs. Saraswati Abharansala & Anr. (2009) 19 VST 84 (SC) |
|
CST vs. Kwality Frozen Foods Ltd. (2009) 19 VST 355 (Bom) |
|
CTT vs. S.S. Ayodhya Distillery 2009 (233) ELT 146 (SC) |
|
Dasu Ram Nautan Dass vs. State of Punjab & Anr. (2009) 19 VST 34 (P&H) |
|
Haleema Zubair, Tropical Traders vs. State of Kerala (2009) 19 VST 142 (SC) |
|
Heinz India Ltd. vs. State of Kerala (2009) 19 VST 193 (Ker) |
|
Heinz India (P) Ltd. vs. Commr. of Commercial Taxes & Anr. (2009) 19 VST 366 (Mad) |
|
*Indian Oil Corporation Ltd. vs. State of Haryana & Ors. (2009) 19 VST 529 (P&H) |
|
Jagannath Dudadhar vs. STO (2009) 19 VST 151 (Del)(FB) |
|
Kanpur Edibles (P) Ltd. vs. Commissioner of Trade Tax (2008) 18 VST 485 (SC) |
|
*Mahalaxmi Traders & Anr. vs. State of Gujarat & Anr. (2009) 19 VST 92 (Guj) |
|
Nayak Variety Store vs. Commissioner of Sales Tax (2008) 18 VST 500 (Orissa) |
|
Pratham Automobiles vs. Dy. CTO (2009) 19 VST 281 (Mad) |
|
Ramanand Electro Coats vs. State of Kerala (2009) 20 VST 254 (Ker) |
|
|
|
Shree Metallic Yarn Industries vs. CTO (2009) 19 VST 270 (Raj) |
|
Thomson Paper Products vs. Commr. of Commercial Taxes & Anr. (2009) 19 VST 359 (Ker) |
FEMA
RULES/REGULATIONS
Notification No. G.S.R. 61(E)/FEMA 182/RB-2009, dt. 13th Jan., 2009—Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2009 223
Foreign Exchange Management (Borrowing and Lending in Rupees) (Amendment) Regulations, 2009 224
Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2009 224
FOREIGN DIRECT INVESTMENT
PRESS NOTES
Press Note No. 2 (2009 Series), dt. 13th Feb., 2009—Guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies 225
Press Note No. 3 (2009 Series), dt. 13th Feb., 2009—Guidelines for transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities 230
Press Note No. 4 (2009 Series), dt. 25th Feb., 2009—Clarificatory guidelines on downstream investment by Indian Companies 232
RBI
CIRCULARS
UBD.CO.BPD.(PCB) CIR. No. 50/09.39.000/2008-09, dt. 17th Feb., 2009—Reconciliation of transactions at ATMs failure-Time limit 481
DBOD.NO.FID.FIC 5/01.02.00/2008-09, dt. 26th Feb., 2009—Prudential Guidelines on Restructuring of Advances by Select all-India Financial Institutions 234
A. P. (DIR Series) Circular No. 54, dt. 26th Feb., 2009—Exim Bank's Line of Credit of USD 14.50 million to the Government of the Gabonese Republic 235
A. P. (DIR Series) Circular No. 55, dt. 26th Feb., 2009—Exim Bank's Line of Credit of USD 15
million to the Government of Sierra Leone 235
A. P. (DIR Series) Circular No. 56, dt. 26th Feb., 2009—Exim Bank's Line of Credit of USD 10 million to the Government of the Republic of Gambia 236
DNBS.PD/CC.No. 137/03.05.002/2008-09, dt. 2nd March, 2009—Monitoring Framework for non-deposit taking NBFCs 237
DBOD. No. RET.BC. 111/12.06.007/2008-09, dt. 3rd March, 2009—Exclusion from the Second Sch. to the RBI Act, 1934—State Bank of Saurashtra 481
Ref.No.MPD.BC. 319/07.01.279/2008-09, dt. 4th March, 2009—Standing Liquidity Facilities for Banks and Primary Dealers 481
FMD.MOAG. No. 33/01.01.01/2008-09, dt. 4th March, 2009—Liquidity Adjustment Facility – Repo and Reverse Repo Rates 482
DBOD.No.BP.BC. 112/21.04.048/2008-09, dt. 5th March, 2009—Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy 482
UBD.CO.BPD.(PCB) CIR. No. 52/13.05.000/2008-09, dt. 6th March, 2009—Credit/Debit Card transactions 482
UBD.PCB. BPD. No. 53/13.05.000/2008-09, dt. 6th March, 2009—Prudential Guidelines on Restructuring of Advances by UCBs 483
RPCD.CO.RF.BC.No.91/07.37.02/2008-09, dt. 6th March, 2009—Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy 483
A. P. (DIR Series) Circular No. 57/A. P. (FL/RL Series) Circular No. 04, dt. 9th March, 2009—Memorandum of Instructions governing money changing activities 484
DBOD.No.LEG.BC.114/09.07.005/2008-09, dt. 9th March, 2009—Banking Companies (Nomination) Rules, 1985 – Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books/FDRs 484
UBD.PCB.CIR.No. 54/13.05.000/2008-09, dt. 9th March, 2009—Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy 485
UBD.PCB.CIR. No. 55/09.14.000/2008-09, dt. 9th March, 2009—Guidelines for Relief Measures by Banks to Poultry Units in West Bengal 486
UBD.CO. BPD. (PCB) CIR. No. 56/09.39.000/2008-09, dt. 12th March, 2009—Co-operative Banks (Nomination) Rules, 1985 – Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books/FDRs 487
DBOD. RET. BC.115/12.01.001/2008-09, dt. 13th March, 2009—Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934-UBS AG 488
A. P. (DIR Series) Circular No. 58, dt. 13th March, 2009—Buyback/Prepayment of Foreign Currency Convertible Bonds (FCCBs) 488
RPCD.CO.RRB.BC.No. 92/03.05.072/2008-09, dt. 23rd March, 2009—Agricultural Debt Waiver and Debt Relief Scheme, 2008 –Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy 740
A.P. (DIR Series) Circular No. 59, dt. 24th March, 2009—Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR 741
DGBA.CDD No. H- 8217/13.04.137/2008-09, dt. 24th March, 2009—Repayment of 8 % Savings (Taxable) Bonds, 2003 741
DBOD.No.BP.BC. 118/21.04.048/2008-09, dt. 25th March, 2009—Prudential treatment of different types of Provisions in respect of loan portfolios 744
DBOD.DIR.(Exp).BC.No. 117/04.02.01/2008-09, dt. 25th March, 2009—Rupee Export Credit Interest Rates 745
DBOD.DIR.(Exp).BC.No.116/04.02.01/2008-09, dt. 25th March, 2009—Interest Rates on Advances 745
RPCD.RRB.BC.No.94/03.05.34/2008-09, dt. 26th March, 2009—Valuation of investment in SLR/Approved Securities by Regional Rural Banks (RRBs) 745
A.P. (DIR Series) Circular No. 60, dt. 26th March, 2009—On-line downloading of GR Forms 746
DBOD.No.DIR.BC. 119/13.03.00/2008-2009, dt. 30th March, 2009—Banks’ exposure to capital market—Loans extended by banks to Mutual Funds and issue of Irrevocable Payment Commitments (IPCs) 746
UBD.CO.BPD.PCB.CIR. No. 57/12.05.001/2008-09, dt. 31st March, 2009—Bankers' Book Evidence Act, 1891—Submission of certified copies of entries/ print out to Courts 747
IDMD.PDRD.No.4878/03.64.00/2008-09, dt. 1st April, 2009—Issue of Tier II and Tier III Capital 747
*DBOD.NO.BP.BC. 120/21.01.002/2008-2009, dt. 2nd April, 2009—Guidelines for issuing preference shares as part of regulatory capital 961
*DPSS (CO) RTGS NO. 1776/04.04.002/2008-2009, dt. 8th April, 2009—RTGS Transactions 963
*UBD.PCB.NO. 59/13.05.000/2008-09, dt. 9th April, 2009—Lending under consortium arrangement/multiple banking arrangements 964
*DBOD NO. BP.BC. 121/21.04.132/2008-09, dt. 9th April, 2009—Prudential guidelines on restructuring of advance by banks 964
*DBOD. NO. BP.BC. 122/21.04.048/2008-09, dt. 9th April, 2009—Prudential treatment in respect of Floating Provisions 968
*RPCD.CO.RF.BC.NO.96/07.38.01/2008-09, dt. 13th April, 2009—Co-operative Banks (Nomination) Rules, 1985—Acknowledgement of nomination and indicating the name of the nominee in pass books/fixed deposit receipts 969
*DBOD.NO.LEG.BC.123/09.07.005/2008-09, dt. 13th April, 2009—Need for Bank Branches/ATMs to be made accessible to persons with disabilities 970
CONCISE JUDICIAL REPORTS
|
*Fakrudheen Haji vs. State Bank of India (2009) 88 CLA 305 (Ker) |
|
|
Gurmeet Singh vs. Director, Enforcement Directorate (2009) 89 SCL 432 (ATFFE-Del) |
|
|
Harman Electronics (P) Ltd. & Anr. vs. National Panasonic India Ltd (2009) 25 CLA-BL Supp 122 (SC) |
|
|
Indo Automobiles vs. Jai Durga Enterprises & Ors. (2008) 24 CLA-BL Supp 241 (SC) |
239
|
2
|
|
Kumar Exports vs. Sharma Carpets (2009) 25 CLA-BL Supp 132 (SC) |
748,
749 |
9,
10 |
|
Muhammed Ashraf vs. Union of India (2009) 88 CLA 99 (Ker) |
488 |
3 |
|
|
Page No. |
Case No. |
|
Nemi Chand Jain vs. Enforcement Directorate (2009) 89 SCL 241 (Del) |
489
|
4
|
|
Purushotama Reddy, D. & Anr. vs. Sateesh, K. (2008) 24 CLA-BL Supp 243 (SC) |
238
|
1
|
|
S.L. Construction & Anr. vs. Alapati Srinivasa Rao & Anr. (2009) 25 CLA-BL Supp. 86 (SC) |
490
|
6
|
|
Union of India & Ors. vs. Sicom Ltd. & Anr. (2009) 147 Comp Cas 531 (SC) |
748
|
7
|
|
Vinod Solanki vs. UOI 2009 (233) ELT 157 (SC) |
490 |
5 |
SEBI
CIRCULARS
MRD/DOP/SE/CIR-03/2009, dt. 20th Feb., 2009—Direct Market Access - Clarification 239
SEBI/CFD/DIL/DIP/34/2009/24/09, dt. 24th Feb., 2009—Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000 491
IMD/CIR No. 1/155740/2009, dt. 27th Feb., 2009—Extension in time for compliance with Regulation 16(8) of SEBI (Portfolio Managers) Regulations, 1993 499
Circular No. IMD/FII & C/38/2009, dt. 13th March, 2009—FII investments in Debt Securities 500
SEBI/IMD/CIR NO.15/157701/2009, dt. 19th March, 2009—Portfolio format for debt oriented close-ended and interval schemes/plans 751
SEBI/DNPD/CIR-45/2009, dt. 24th March, 2009—Revised Position Limits for Exchange Traded Currency Derivatives 751
MRD/DOP/SE/CIR-04/2009, dt. 26th March, 2009—Establishment of Connectivity with both depositories NSDL and CDSL—Companies eligible for shifting from Trade for Trade Settlement to normal Rolling Settlement 752
PRESS NOTES
Press Release No. 109/2009, dt. 25th March, 2009—Grant of exemption to M/s Godrej Agrovet Ltd. and others (acquirers) for the proposed acquisition of voting rights in M/s Godrej Industries Limited (target company) 753
RULES/REGULATIONS
Notification No. LAD/NRO/GN/2008-09/34/154082, dt. 13th Feb., 2009—SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2009 500
CONCISE JUDICIAL REPORTS
|
Blue Blends Finance Ltd. vs. SEBI (2009) 89 SCL 23 (SAT-Mum) |
241
|
3
|
|
Core Emballage Ltd. vs. SEBI (2009) 89 SCL 26 (SAT-Mum) |
241 |
2 |
|
D.G. Goenka Equities (P) Ltd. vs. SEBI (2009) 89 SCL 259 (SAT-Mum) |
503
|
7
|
|
Eider e-Commerce Ltd. vs. SEBI (2009) 89 SCL 1 (SAT-Mum) |
501 |
5 |
|
Krishna Kumar Agarwal vs. SEBI (2009) 89 SCL 31 (SAT-Mum) |
240
|
1
|
|
Mega Corpn. Ltd. vs. SEBI (2009) 89 SCL 444 (SAT-Mum) |
753 |
9 |
|
Pentamedia Graphics Ltd. vs. Bombay Stock Exchange Ltd. (2008) 88 SCL 331 (SAT-Mum) |
242
|
4
|
|
Rita Rajgopal vs. Cochin Stock Exchange Ltd. (2009) 89 SCL 86 (SAT-Mum) |
504
|
8
|
|
*Roshan Anand Sujan vs. SEBI (2009) 89 SCL 368 (SAT-Mum) |
971
|
12
|
|
Satyanarayana Agarwal vs. Adjudicating Officer, SEBI (2009) 89 SCL 229 (SAT-Mum) |
502
|
6
|
|
Urvish Ramesh Vora vs. SEBI (2009) 89 SCL 248 (SAT-Mum) |
754 |
10 |
|
Vinay Capital Ltd. vs. SEBI (2009) 89 SCL 264 (SAT-Mum) |
755 |
11 |
COMPANY LAW
NOTIFICATIONS
Notification No. G.S.R. 70(E), dt. 3rd Feb., 2009—Notification under section 610C of the Companies Act, 1956 243
*Notification No. G.S.R. 226(E), dt. 31st March, 2009—Under s. 641(1) of the Companies Act, 1956 972
RULES
Notification No. G.S.R. 183(E), dt. 20th March, 2009—Companies (Central Government’s) General Rules and Forms (Amendment) Rules, 2009 756
*Notification No. G.S.R. 225(E), dt. 31st March, 2009—Companies (Accounting Standards) Amendment Rules, 2009 972
CONCISE JUDICIAL REPORTS
|
Chembra Orchard Produce Ltd. vs. Regional Director of Company Affairs (2009) 89 SCL 109 (SC) : (2009) 88 CLA 184 (SC) : (2009) 147 Comp Cas 677 (SC) |
244
|
1
|
|
Raju, K.S. & Ors. vs. Edupuganti Bapanaiah & Ors. (2008) 87 CLA 206 (AP) |
245
|
2
|
|
*Ram Bahadur Thakur Ltd. & Ors. vs. Manish Mohan Sharma & Anr. (2009) 148 Comp Cas 1 (SC) |
974
|
6
|
|
Siel Ltd., In re (2009) 89 SCL 434 (Del) |
756 |
5 |
|
Tamil Nadu Electricity Board vs. Rasipuram Textile (P) Ltd. & Ors. (2009) 147 Comp Cas 315 (SC) : (2009) 88 CLA 251 (SC) |
504
|
3
|
|
Vijay Industries vs. NATL Technologies Ltd. (2009) 89 SCL 205 (SC) : (2009) 147 Comp Cas 490 (SC) |
505
|
4
|
|
|
|
|
INSURANCE
CIRCULARS
Circular No. 39/IRDA/AML/CIR/FEB-09, dt. 26th Feb., 2009—Cash Acceptance Threshold for Premium/Proposal Deposit Remittances 506
Circular No. 42/IRDA/ACTL/EM/2008-09, dt. 13th March, 2009—Expense management of life insurance companies 507
Circular No. 43/IRDA/ACTL/ASM/2008-09, dt. 13th March, 2009—Scrip-wise details of investments available for arriving at “Available Solvency Margin” 507
Circular No. 43/IRDA/CIR/COMPLIANCE/MAR-2009, dt. 17th March, 2009—Issuance of ESOP/Sweat Equity to CEO/Managing Director/Whole-time Director—Compliance with section 34A of the Insurance Act, 1938 508
IRDA/F&A/CIR/49/MAR-09, dt. 24th March, 2009—Creation of Reserve for Unexpired Risk (URR) by the Non-life Insurance Companies 757
Circular No. 52/15/IRDA/HEALTH/SN/08-09, dt. 31st March, 2009—Re: Renewability of Health Insurance Policies 759
CONCISE JUDICIAL REPORTS
|
Bharat Sanchar Nigam Ltd. & Anr. vs. Motorola India (P) Ltd. (2009) 25 CLA-BL Supp 27 (SC) |
|
Comed Chemicals Ltd. vs. Ramchand, C.N. (2009) 25 CLA-BL Supp 18 (SC) |
|
Everest Holding Ltd. vs. Shyam Kumar Shrivastava & Ors. (2009) 25 CLA-BL Supp 1 (SC) |
|
Ganga Nagar Central Co-op. Bank Ltd. vs. Pushpa Rani & Anr. (2008) 146 Comp Cas 363 (SC) |
|
Mattel Inc. & Ors. vs. Jayant Agarwalla & Ors. (2009) 25 CLA-BL Supp 36 (Del) |
|
National Insurance Co. Ltd. vs. Boghara Polyfab (P) Ltd. (2008) 24 CLA-BL Supp 209 (SC) |
|
Punjab Agro Industries Corpn. Ltd. vs. Kewal Singh Dhillon (2009) 25 CLA-BL Supp 14 (SC) |
|
Shakti Bhog Foods Ltd. vs. Kola Shipping Ltd. (2008) 24 CLA-BL Supp 231 (SC) |
|
VISA International Ltd. vs. Continental Resources (USA) Ltd. (2009) 25 CLA-BL Supp 110 (SC) |
INCOME TAX
CIRCULARS
Instruction No. 1 of 2009, dt. 12th Feb., 2009—Utilization of information in the Annual Information Returns (AIRs) relating to financial year 2007-08 (assessment year 2008-09) and subsequent years—Reg. 762
Instruction No. 2 of 2009, dt. 9th March, 2009—Clarification regarding deduction under section 10B 512
Circular No. 1 of 2009, dt. 27th March, 2009—Finance Act, 2008—Explanatory Notes on provisions relating to Direct Taxes 766
NOTIFICATIONS
Notifications under s. 10(22B) of the IT Act, 1961—Notification No. 23 of 2009, dt. 5th March, 2009 768
Notifications under s. 35(1)(ii) of the IT Act, 1961 512, 768
Notifications under s. 35(1)(iii) of the IT Act, 1961 768
Notifications under s. 35AC of the IT Act, 1961 248, 512, 768, *977
Notifications under s. 80G(2)(b) of the IT Act, 1961—Notification No. 26 of 2009, dt. 16th March, 2009 769
*Notifications under s. 90 of the IT Act, 1961—Notification No. 33 of 2009, dt. 30th March, 2009—DTAA between India and Syria 974
ORDERS
Orders under s. 120 of the IT Act, 1961—Notification No. 25 of 2009, dt. 16th March, 2009 769
PRESS NOTES
PIB Press Release dt. 31st March, 2009—Notification on TDS and TCS 770
RULES
Income-tax (Fifth Amendment) Rules, 2009—Notification No. 24 of 2009, dt. 12th March, 2009—Substitution of sub-r. (2) of r. 67 513
Income-tax (Sixth Amendment) Rules, 2009—Notification No. 28 of 2009, dt. 16th March, 2009—Insertion of new rr. 37BA and 37-I regarding credit for TDS and TCS respectively 770
Income-tax (Seventh Amendment) Rules, 2009—Notification No. 30 of 2009/S.O. 857(E), dt. 25th March, 2009—Insertion of r. 37BB and Form Nos. 15CA & 15CB for furnishing of information under s. 195(6) 772
Income-tax (Eighth Amendment) Rules, 2009—Notification No. 31 of 2009/S.O. 858(E), dt. 25th March, 2009—Substitution of rr. 30, 31, 31A, 37CA & 37D; omission of rr. 31AA & 37A; substitution of Form Nos. 16, 16A & 27D; omission of Form No. 16AA; insertion of Form Nos. 17 & 24C and amendments in Form Nos. 24Q, 26Q, 27Q & 27EQ 773
*Income-tax (Ninth Amendment) Rules, 2009—Notification No. 32 of 2009, dt. 27th March, 2009—Amendment of r. 12 and substitution of return Forms ITR-1 to ITR 8 for asst. yr. 2009-10 978
MISCELLANEOUS RULES
Special Economic Zones (Amendment) Rules, 2009—Notification No. G.S.R. 72(E), dt. 3rd Feb., 2009—Amendments in rr. 2, 10, 11, 18, 19, 28, 29, 30, 39, 46, 48, 70, Form A and Form B 515
CONCISE JUDICIAL REPORTS
|
Addl. CIT vs. EPSOM Shipping (I) (P) Ltd. (2009) 121 TTJ (Mumbai) 186 |
796
|
128
|
|
*Affection Investments Ltd. vs. Asstt. CIT (2009) 222 CTR (Guj) 387 |
981, 989
|
138, 156
|
|
Alleppey Financial Enterprises vs. CIT (2009) 222 CTR (Ker) 199 : (2009) 176 Taxman 1 (Ker) |
795
|
127
|
|
Ambattur Clothing Co. Ltd. vs. Asstt. CIT (2009) 221 CTR (Mad) 196 |
253
|
11
|
|
Ansaldo Energia SPA vs. ITAT & Ors. (2009) 222 CTR (Mad) 55 : (2009) 310 ITR 237 (Mad) : (2009) 178 Taxman 57 (Mad) |
790
|
114
|
|
Anurag Jain vs. Authority for Advance Rulings & Anr. (2009) 222 CTR (Mad) 270 : (2009) 308 ITR 302 (Mad) |
777
|
88
|
|
Asstt. CIT vs. *Acropolish Investments Ltd. & Ors. (2009) 222 CTR (Guj) 383 |
990
|
157
|
|
vs. Ashima Syntex Ltd. (2009) 120 TTJ (Ahd)(SB) 721 : (2009) 117 ITD 1 (Ahd)(SB) |
250, 252, 254, 260 |
6,
8,
14, 27 |
|
vs. *Baldev Raj Charla & Ors. (2009) 121 TTJ (Del) 366 |
990, 996
|
158, 171
|
|
vs. Bhaumik Colour (P) Ltd. (2009) 120 TTJ (Mumbai)(SB) 865 |
521,
522 |
64,
65 |
|
vs. Bright Star Investment (P) Ltd. (2009) 120 TTJ (Mumbai) 498 |
253
|
12
|
|
vs. Enron Global Exploration & Production Ltd. (2009) 120 TTJ (Del) 774 |
257,
261 |
20,
29 |
|
vs. Epcos AG, Germany (2009) 120 TTJ (Pune) 29 |
522, 525 |
66, 72 |
|
vs. Late Shrimant F.P. Gaekwad Through L/H Smt. Mrinalini Puar (2009) 221 CTR (Guj) 423 : (2008) 174 Taxman 551 (Guj) |
269
|
50, 51
|
|
vs. Real Image Tech. (P) Ltd. (2009) 120 TTJ (Chennai) 983 |
521
|
63
|
|
vs. Surinder Kaur (Smt.) (2009) 120 TTJ (Lucknow) 618 |
263
|
33
|
|
|
Page No. |
Case No. |
|
Canara Bank Golden Jubilee Staff Welfare Fund vs. Dy. CIT (2009) 222 CTR (Kar) 286 : (2009) 308 ITR 202 (Kar) |
789
|
113
|
|
Chandra R. Gandhi vs. ITO (2009) 120 TTJ (Mumbai) 786 |
263, 264 |
34, 35 |
|
*Chandrakant H. Shah vs. ITO (2009) 121 TTJ (Mumbai) 145 |
995 |
170 |
|
Cholamandalam MS General Insurance Co. Ltd., In re (2009) 221 CTR (AAR) 721 : (2009) 309 ITR 356 (AAR) : (2009) 178 Taxman 100 (AAR) |
523
|
67
|
|
CIT vs. Adar Tea Products Co. (2009) 221 CTR (Mad) 597 : (2009) 178 Taxman 126 (Mad) |
533
|
87
|
|
vs. Balwant Rai (2009) 221 CTR (P&H) 573 : (2008) 174 Taxman 325 (P&H) |
262
|
31
|
|
vs. Coats of India Ltd. (2009) 221 CTR (Cal) 775 : (2009) 176 Taxman 438 (Cal) |
519
|
59
|
|
vs. D.D. Sales Corporation (2009) 221 CTR (Del) 718 : (2008) 305 ITR 254 (Del) |
265
|
39
|
|
vs. DCM Sriram Consolidated Ltd. (2009) 221 CTR (Del) 519 : (2009) 176 Taxman 49 (Del) |
783
|
102, 103
|
|
vs. Deepak Aggarwal (2009) 221 CTR (Del) 307 : (2009) 308 ITR 116 (Del) : (2008) 175 Taxman 1 (Del) |
265
|
40
|
|
vs. Dharam Pal Prem Chand Ltd. (2009) 221 CTR (Del) 133 |
520 |
61 |
|
vs. Doom Dooma India Ltd. (2009) 222 CTR (SC) 105 : (2009) 310 ITR 392 (SC) : (2009) 178 Taxman 261 (SC) |
787
|
109
|
|
vs. Fascel Ltd. (2009) 221 CTR (Del) 305 |
251 |
7 |
|
vs. *Groz Beckert Saboo Ltd. (2009) 222 CTR (P&H) 427 : (2009) 308 ITR 397 (P&H) |
997
|
173
|
|
vs. Harjinder Kaur (2009) 222 CTR (P&H) 254 : (2009) 310 ITR 71 (P&H) |
792
|
120
|
|
vs. *Harkaran Das Ved Pal (2009) 222 CTR (Del) 438 : (2009) 177 Taxman 398 (Del) |
1002
|
183
|
|
vs. Heinrich Wetting (2009) 222 CTR (Guj) 83 |
526 |
73 |
|
vs. Hotel Saklani (2009) 221 CTR (Uttarakhand) 702 : (2008) 174 Taxman 335 (Uttarakhand) |
259
|
25
|
|
vs. I.T.I. Ltd. (2009) 221 CTR (SC) 619 |
267 |
44 |
|
vs. *Ikea Trading Hong Kong Ltd. (2009) 222 CTR (Del) 215 |
999 |
178 |
|
vs. *J.K. Synthetics Ltd. (2009) 222 CTR (Del) 339 : (2009) 309 ITR 371 (Del) : (2009) 176 Taxman 355 (Del) |
985
|
147
|
|
vs. Jindal Exports Ltd. & Ors. (2009) 222 CTR (Del) 8 |
527, 529 |
76, 79 |
|
vs. Larsen & Toubro Ltd. (2009) 221 CTR (SC) 620 |
267 |
45 |
|
vs. *Majestic Auto Ltd. (2009) 222 CTR (P&H) 417 : (2009) 310 ITR 90 (P&H) : (2009) 178 Taxman 148 (P&H) |
980, 983, 984
|
135, 142, 145
|
|
|
Page No. |
Case No. |
|
vs. Miglani, O.P. (Dr.) (2009) 221 CTR (P&H) 693 |
264, 266 |
38, 42 |
|
vs. Moser Baer India Ltd. (2009) 222 CTR (SC) 213 |
791 |
117 |
|
vs. *Natraj Stationery Products (P) Ltd. (2009) 222 CTR (Del) 430 : (2009) 177 Taxman 168 (Del) |
992
|
163
|
|
vs. Pawan Kumar Garg (2009) 222 CTR (Del) 36 : (2009) 178 Taxman 491 (Del) |
532
|
84
|
|
vs. Peter Max Washylik (2009) 222 CTR (Guj) 85 |
524 |
69 |
|
vs. *Polycott Corporation (2009) 222 CTR (Bom) 328 : (2009) 178 Taxman 255 (Bom) |
980, 992
|
136, 162
|
|
vs. Pranoy Roy & Anr. (2009) 222 CTR (SC) 6 : (2009) 309 ITR 231 (SC) |
527
|
75
|
|
vs. Rajiv Bhatara (2009) 222 CTR (SC) 209 : (2009) 310 ITR 105 (SC) : (2009) 178 Taxman 285 (SC) |
794
|
124
|
|
vs. Rani Shankar Mishra (Smt.) (2009) 222 CTR (Del) 128 : (2009) 178 Taxman 324 (Del) |
794
|
123
|
|
vs. Reliance Utilities & Power Ltd. (2009) 221 CTR (Bom) 435 : (2009) 178 Taxman 135 (Bom) |
780
|
96
|
|
vs. *Sain Processing & Weaving Mills (P) Ltd. (2009) 221 CTR (Del) 493 : (2009) 176 Taxman 448 (Del) |
991
|
160
|
|
vs. Sohan Lal Chhajan Mal (2009) 222 CTR (P&H) 190 : (2008) 307 ITR 53 (P&H) |
779
|
93
|
|
vs. *Sohan Lal Sewa Ram Jaggi (2009) 222 CTR (All) 412 |
997 |
174 |
|
vs. *Suresh, B. (2009) 222 CTR (SC) 513 : (2009) 178 Taxman 457 (SC) |
991
|
161
|
|
vs. T.S. Chandrashekar Through LRs. (2009) 221 CTR (Kar) 385 |
532
|
85
|
|
vs. Thangamani, K. (2009) 221 CTR (Mad) 742 : (2009) 309 ITR 15 (Mad) : (2009) 177 Taxman 499 (Mad) |
526
|
74
|
|
vs. U.P. Asbestos Ltd. (2009) 221 CTR (All) 608 : (2008) 174 Taxman 45 (All) |
260
|
28
|
|
vs. Wolkem India Ltd. (2009) 221 CTR (Raj) 767 |
517 |
53 |
|
Compagnie Financiere Hamon, In re (2009) 221 CTR (AAR) 734 : (2009) 310 ITR 1 (AAR) : (2009) 177 Taxman 511 (AAR) |
518
|
56, 58
|
|
*CWT vs. Hotel Ornate (Nilgiri) (P) Ltd. (2009) 222 CTR (Bom) 458 : (2009) 309 ITR 81 (Bom) |
1004
|
187
|
|
DaimlerChrysler India (P) Ltd. vs. Dy. CIT (2009) 120 TTJ (Pune) 803 |
249,
257 |
2, 19, 21 |
|
Director of IT vs. Sheraton International Inc. (2009) 221 CTR (Del) 752 : (2009) 178 Taxman 84 (Del) |
788
|
112
|
|
Director of IT & Ors. vs. Nalini Mahajan (Dr.) & Ors. (2009) 222 CTR (SC) 35 |
531
|
82
|
|
|
Page No. |
Case No. |
|
*Ditia, B.F. & Ors. vs. Appropriate Authority (2009) 222 CTR (AP) 390 : (2008) 307 ITR 158 (AP) |
999
|
179
|
|
*Dolphin Drilling Ltd. vs. Asstt. CIT (2009) 121 TTJ (Del) 433 |
981, 985 |
140, 148 |
|
Down Town Hospital Ltd. vs. CIT (2009) 222 CTR (SC) 4 : (2009) 308 ITR 188 (SC) : (2009) 178 Taxman 221 (SC) |
519
|
60
|
|
Dy. CIT vs. *Asha Jaffrey (Dr.) (Mrs.) (2009) 121 TTJ (Chennai) 415 |
1000
|
180
|
|
vs. Core Healthcare Ltd. (2009) 221 CTR (Guj) 580 : (2009) 308 ITR 263 (Guj) |
250,
255 |
4, 5,
15 |
|
vs. *Dolphin Drilling Ltd. (2009) 121 TTJ (Del) 489 |
987 |
151 |
|
vs. Geo Enpro Petroleum Ltd. (2009) 121 TTJ (Del) 16 : (2008) 115 ITD 277 (Del) |
785
|
106
|
|
vs. *Khandwala Finance Ltd. (2009) 121 TTJ (Mumbai) 66 |
982, 984
|
141, 146
|
|
vs. Kumar, S. & Ors. (2009) 120 TTJ (Bang) 361 |
263, 264 |
32, 36 |
|
vs. Maharaja Shree Umaid Mills Ltd. (2009) 120 TTJ (Jp) 711 |
255
|
16
|
|
vs. *Sarup Tanneries Ltd. (2009) 121 TTJ (Asr) 388 |
981, 983 |
139, 144 |
|
vs. Satyam Computer Services Ltd. (2009) 121 TTJ (Hyd) 255 |
791
|
115
|
|
*Dy. Director of IT (Exemptions) vs. Indian Institute of Management (2009) 121 TTJ (Bang) 560 |
993
|
165
|
|
*Dy. Director of IT (International Taxation) vs. Delmas France (2009) 121 TTJ (Mumbai) 501 |
993
|
164
|
|
vs. Safmarine Container Lines N.V. (2009) 121 TTJ (Mumbai) 50 |
787
|
110
|
|
vs. *Stock Engineer & Contractors B.V. (2009) 121 TTJ (Mumbai) 320 |
986, 987, 998 |
149, 150, 176 |
|
Dy. Director of IT (International Taxation) vs. Sun Chemicals B.V. (2009) 120 TTJ (Mumbai) 1087 |
524
|
68
|
|
Echke Ltd. vs. CIT (2009) 221 CTR (Guj) 642 : (2009) 310 ITR 44 (Guj) : (2008) 173 Taxman 79 (Guj) |
516
|
52
|
|
*Farhana Sait (Mrs.) vs. Asstt. CIT & Ors. (2009) 222 CTR (Mad) 465 : (2009) 308 ITR 257 (Mad) |
1000, 1004 |
181,
186 |
|
*Global Capital Ltd. vs. Dy. CIT (2009) 121 TTJ (Del) 218 |
983, 988 |
143, 153 |
|
Gloric Investments Ltd. vs. Dy. Director of IT (International Taxation) (2009) 120 TTJ (Del) 677 |
530
|
80
|
|
*Gruh Finance Ltd. vs. Asstt. CIT (2009) 121 TTJ (Ahd) 527 |
989, 998 |
154, 177 |
|
Gujarat Ambuja Cement Ltd. vs. Dy. CIT (2009) 120 TTJ (Mumbai)(TM) 883 : (2009) 117 ITD 87 (Mumbai)(TM) |
784
|
104
|
|
|
Page No. |
Case No. |
|
Gujarat JHM Hotels Ltd. vs. Director General of IT (2009) 222 CTR (Guj) 132 : (2008) 305 ITR 386 (Guj) |
785
|
105
|
|
Hindustan Aeronautics Ltd. vs. ITO (2009) 121 TTJ (Bang) 242 |
788 |
111 |
|
*Idea Cellular Ltd. vs. Dy. CIT (2009) 121 TTJ (Del) 352 |
1003, 1004 |
184,
185 |
|
Ideal Publications Trust vs. CIT (2009) 221 CTR (Ker) 705 : (2008) 305 ITR 143 (Ker) : (2008) 172 Taxman 199 (Ker) |
254
|
13
|
|
ITO vs. *Farouk D. Vevaina (2009) 121 TTJ (Mumbai) 510 |
980, 990,
995 |
137, 159, 168, 169 |
|
vs. *Jai Sati Syntex (P) Ltd. (2009) 121 TTJ (Ahd) 376 |
988, 996 |
152, 172 |
|
vs. Laxman Das Makhija (2009) 120 TTJ (Agra)(TM) 599 : (2009) 116 ITD 47 (Agra)(TM) |
258
|
23
|
|
Jai Bhawani Concast (P) Ltd. vs. Dy. CIT (2009) 121 TTJ (Del) 1 |
779, 780 |
92, 94 |
|
Jarnail Singh vs. ITO (2009) 121 TTJ (Asr) 101 |
778, 782, 792 |
90, 99, 101, 119 |
|
*Jayalalithaa, J. vs. Asstt. CWT (2009) 222 CTR (Mad) 470 : (2009) 309 ITR 277 (Mad) |
1005, 1006 |
188 to 191 |
|
Keswani, R.G. vs. Asstt. CIT (2009) 120 TTJ (Mumbai) 1081 : (2009) 116 ITD 133 (Mumbai) |
520
|
62
|
|
Krishnagopal vs. Director of IT (Investigation) & Anr. (2009) 222 CTR (MP) 100 : (2009) 308 ITR 273 (MP) |
533
|
86
|
|
Kuber Tobacco Products (P) Ltd. vs. Dy. CIT (2009) 120 TTJ (Del)(SB) 577 |
262,
265 |
30,
41 |
|
L.K. Trust vs. CIT & Anr. (2009) 222 CTR (SC) 214 |
780 |
95 |
|
Lalit Hosiery & Ors. vs. Union of India & Ors. (2009) 221 CTR (P&H) 692 |
264
|
37
|
|
Lingamurthy, E.K. & Anr. vs. Settlement Commission (Income Tax & Wealth Tax) & Anr. (2009) 222 CTR (SC) 1 : (2009) 178 Taxman 116 (SC) |
531
|
83
|
|
Lucent Technologies International Inc. vs. Dy. CIT (2009) 120 TTJ (Del) 929 |
524,
525 |
70,
71 |
|
Maharashtra Hybrid Seeds Co. Ltd. vs. Asstt. CIT (2009) 120 TTJ (Mumbai) 634 |
253
|
10
|
|
Maruti Countrywide Auto Financial Services Ltd. vs. ITO (2009) 120 TTJ (Del)(SB) 760 |
269
|
49
|
|
Mayawati vs. CIT & Ors. (2009) 222 CTR (Del) 117 |
792 |
118 |
|
Mayawati (Ms.) vs. CIT (2009) 120 TTJ (Del) 1056 |
793 |
121 |
|
MCorp Global (P) Ltd. vs. CIT (2009) 222 CTR (SC) 110 : (2009) 309 ITR 434 (SC) : (2009) 178 Taxman 347 (SC) |
778,
786 |
91,
107, 108 |
|
*Microsoft Operations Pte. Ltd., In re (2009) 222 CTR (AAR) 313 : (2009) 310 ITR 408 (AAR) : (2009) 178 Taxman 328 (AAR) |
979
|
133
|
|
|
Page No. |
Case No. |
|
Mira Ananta Naik (Smt.) & Ors. vs. Dy. CIT (Investigation) & Ors. (2009) 221 CTR (Bom) 149 |
268
|
48
|
|
*MOL Corporation, In re (2009) 222 CTR (AAR) 324 : (2009) 178 Taxman 425 (AAR) |
978
|
132
|
|
Moser Baer India Ltd. & Ors. vs. Addl. CIT & Anr. (2009) 221 CTR (Del) 97 : (2009) 176 Taxman 473 (Del) |
267,
268 |
46,
47 |
|
*Motwane Manufacturing Co. (P) Ltd. vs. CWT (2009) 222 CTR (Bom) 462 |
994
|
167
|
|
Mukesh G. Desai (HUF) vs. ITO (2009) 120 TTJ (Mumbai) 792 |
782 |
100 |
|
New Shailaja Co-operative Housing Society Ltd. vs. ITO (2009) 121 TTJ (Mumbai) 62 |
781
|
97
|
|
Neyveli Lignite Corporation Ltd. vs. Asstt. CIT (2009) 120 TTJ (Chennai) 1096 |
517
|
54, 55
|
|
*Nicholas Applegate South East Asia Fund Ltd. vs. Asstt. Director of IT (International Taxation) (2009) 121 TTJ (Mumbai)(TM) 289 |
998, 1001
|
175,
182
|
|
*Padmashree Krutarth Acharya Institute of Engineering & Technology vs. Chief CIT (2009) 222 CTR (Ori) 516 : (2009) 309 ITR 13 (Ori) |
994
|
166
|
|
*Palaniappan, E. vs. ITO (2009) 121 TTJ (Chennai) 541 |
979 |
134 |
|
Pennar Electronics (P) Ltd. vs. Dy. CIT (2009) 120 TTJ (Hyd) 855 |
249 |
1 |
|
Poddar Pigments Ltd. vs. CIT (2009) 222 CTR (Del) 309 : (2008) 175 Taxman 302 (Del) |
793
|
122
|
|
Punjab Poly Jute Corpn. vs. Asstt. CIT (2009) 120 TTJ (Asr) 1113 |
518 |
57 |
|
Rajaraman, M.N. vs. Asstt. CIT (2009) 121 TTJ (Chennai) 92 |
791 |
116 |
|
Ramit Kumar Sharma, In re (2009) 221 CTR (AAR) 621 : (2009) 309 ITR 344 (AAR) : (2009) 177 Taxman 240 (AAR) |
256
|
17
|
|
Ranjeet Singh vs. Asstt. CIT (2009) 120 TTJ (Del) 517 |
529 |
78 |
|
Sadhuram Patel & Sons vs. ITO (2009) 121 TTJ (Mumbai) 180 |
778, 781 |
89, 98 |
|
Saroj Nursing Home vs. Asstt. CIT (2009) 121 TTJ (Lucknow) 125 : (2009) 116 ITD 311 (Lucknow) |
794,
795 |
125,
126 |
|
Secretary, Central Board of Direct Taxes & Anr. vs. Sinha, B.K. (2009) 221 CTR (Kar) 284 : (2009) 309 ITR 1 (Kar) : (2009) 177 Taxman 483 (Kar) |
256
|
18
|
|
Smitaben N. Ambani (Smt.) vs. CWT (2009) 222 CTR (Bom) 225 |
796,
797 |
129 to 131 |
|
Snowcem India Ltd. vs. Dy. CIT (2009) 221 CTR (Bom) 594 : (2009) 178 Taxman 478 (Bom) |
260
|
26
|
|
*Solid Containers Ltd. vs. Dy. CIT & Anr. (2009) 222 CTR (Bom) 455 : (2009) 308 ITR 417 (Bom) : (2009) 178 Taxman 192 (Bom) |
989
|
155
|
|
|
Page No. |
Case No. |
|
Subodh Kumar Bhargava vs. CIT (2009) 221 CTR (Del) 534 : (2009) 309 ITR 31 (Del) : (2008) 175 Taxman 520 (Del) |
528
|
77
|
|
Swami Premananda Alias Premkumar vs. CIT & Anr. (2009) 221 CTR (Mad) 667 |
249, 252, 259 |
3,
9, 24 |
|
Trishla Jain (Smt.) & Ors. vs. CIT (2009) 221 CTR (P&H) 696 : (2009) 310 ITR 274 (P&H) : (2009) 177 Taxman 74 (P&H) |
258
|
22
|
|
Vinod Kumar Rai vs. CIT (2009) 120 TTJ (Agra)(TM) 1009 : (2009) 116 ITD 72 (Agra)(TM) |
530
|
81
|
|
Vodafone International Holdings B.V. vs. Union of India & Anr. (2009) 221 CTR (SC) 617 |
266
|
43
|
|
|
|
|
|
INDIRECT TAXES
CONCISE JUDICIAL REPORTS
|
Ajinkya Enterprises vs. UOI 2008 (229) ELT 656 (Bom) |
|
*Ashish Metal Rolling Mills vs. CCE 2009 (234) ELT 201 (Guj) |
|
CCE vs. *Chandubhau Shiroya 2009 (234) ELT 24 (Guj) |
|
vs. Godrej & Boyce Mfg. Co. Ltd. 2009 (233) ELT 446 (Bom) |
|
vs. Hongo India (P) Ltd. 2009 (233) ELT 294 (SC) |
|
vs. Shree Ganesh Dyeing and Ptng. Works 2008 (232) ELT 775 (Guj) |
|
vs. Shree Rubber Plast Co. (P) Ltd. & Ors. (2009) 221 CTR (Bom)(FB) 652 |
|
vs. Siddharth Petro Products Ltd. 2008 (232) ELT 784 (Guj) |
|
*CCE & Customs vs. Agarwal, R.G. 2009 (234) ELT 215 (Guj) |
|
Commissioner of Customs vs. Sony India Ltd. 2008 (231) ELT 385 (SC) |
|
Commissioner of Customs (Import) vs. Nandi Highways Developers Ltd. (2009) 15 STJ 70 (CESTAT-Mum) |
|
Kiran Fashions vs. Union of India 2009 (233) ELT 461 (Guj) |
|
Raghu Exports vs. Union of India 2008 (229) ELT 655 (P&H) |
|
Rallis India Ltd. vs. Union of India 2009 (233) ELT 301 (Bom) |
|
Sandur Micro Circuits Ltd. vs. CCE 2008 (229) ELT 641 (SC) |
|
Sunitadevi Singhania Hospital Trust vs. UOI 2009 (233) ELT 295 (SC) |
| 
