Daily Archives: August 12, 2016

Rent receipts are business income if renting is business of Assessee : Supreme Court

By | August 12, 2016

SUPREME COURT OF INDIA Rayala Corporation (P.) Ltd. v. Assistant Commissioner of Income-tax ANIL R. DAVE AND L. NAGESWARA RAO, JJ. CIVIL APPEAL NOS. 6437 TO 6441 OF 2016 AUGUST  11, 2016 JUDGMENT Anil R. Dave, J. – Being aggrieved by the judgment delivered by the High Court of Madras on 4th October, 2013 in… Read More »

Import Manifest (Aircraft )Amendment Regulations 2016

By | August 12, 2016

Amending Import Manifest (Aircraft )Regulations, 1976 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 108/2016-Customs (N.T.) New Delhi, the11th August, 2016 G.S.R. … (E).- In exercise of the powers conferred by clause (a) of sub-section (2) of section 157 of the Customs Act, 1962 (52 of… Read More »

Export Manifest (Aircraft) Regulations, 1976 Amended

By | August 12, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION‑3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 107/2016-Customs (N.T.) New Delhi, dated the 11th August, 2016 G.S.R. (E).- In exercise of the powers conferred by clause (a) of sub-section (2) of section… Read More »

CBEC notifies date of applicability of Excise Returns for Jewellery Manufacturers 

By | August 12, 2016

Specification of 17th August, 2016 as the date on which clause (v) of rule 5 and rule 6 of Central Excise (Amendment) Rules, 2016 notified by Notificaton No. 8/2016- Central Excise (NT) dated 1st March, 2016, shall come into force GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 42/2016- Central New Delhi,… Read More »