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Prez polls: Pawar pulls up Sangma, says NCP to back UPA

A day after the All India Anna Dravida Munnetra Kazhagam and Biju Janata Dal announced support for party leader P A Sangma's candidature, Nationalist Congress Party chief Sharad Pawar on Friday......

Verdict on plea to end Quattrocchi case deferred

A Delhi court on Monday deferred till March 4 pronouncement of its judgment on the Central Bureau of Investigation's plea to drop the case against Italian businessman Ottavio Quattrocchi in Bofors......

No change in govt stand on 'Q': CBI tells court

The Central Bureau of Investigation on Thursday contended before a Delhi court that there is no change in government's stand on withdrawing the case against Italian businessman Ottavio Quattrocchi......

Govt examining ruling in Bofors case: Pranab

Finance Minister Pranab Mukherjee said the government is examining the decision of the Income Tax tribunal in the Bofors case and will decide the future course of action later."As the Law Ministry......

CBI seeks withdrawal of Bofors case

The Central Bureau of Investigation on Tuesday pleaded for the withdrawal of proceedings against Italian businessman Ottavio Quattrocchi in the over two-decade-old Bofors pay off case, saying it......

Shah Rukh Khan's loan to wife not to evade tax: ITAT

Image: Gauri and Shah Rukh Khan. Photograph: Pradeep Bandekar     In a relief to actor Shah Rukh Khan, the Income Tax Appellate Tribunal has overturned an order of the tax authorities......

Vodafone gets stay on I-T demand

The Income Tax Appellate Tribunal (ITAT) gave a stay order on Friday regarding the Rs 3,700-crore (Rs 37 billion) tax demand made on Vodafone Plc.The final assessment on the company’s......

Expenses on company directors' wives' travel taxab

There is some bad news for the wives of the directors of companies.The Delhi Bench of ITAT, in a recent order, has turned the tide and annoyed the wives of directors of companies who are fond of......

Huge litigation in I-T dept: CBDT creates over 200 new posts

With an estimated Rs 4 lakh crore (Rs 4 trillion) of tax revenue locked up in litigation, the CBDT has created over 240 new posts of Commissioners (Appeals) to speed up the legal disposal system in......

Tax tribunal accepts LinkedIn info as proof

A tax tribunal has accepted information on social networking site LinkedIn as additional evidence to determine whether the liaison office of a foreign entity generated taxable income in India. GE......

Resul Pookutty's next after Slumdog Millionaire

Oscar winning sound designer Resul Pookutty, who won many fans for his work in the Oscar winning movie Slumdog Millionaire, isback with his firstIndian movietitled Pazhassi Raja.The film, which......

Amit Sana's doing fine, fine, fine!

Voted out in the final of the Indian Idol competition, Amit Sana is still a very happy young man. The Sony Entertainment Television talent hunt gave him the room to expand from classical singing to......

The wizard rules the US BO!

The newest Harry Potter film is the darkest in the series, but it was glowing at the box office worldwide as it cast an estimated $92.6 million weekend spell in North America.The third film in the......

KKR look to maintain momentum against Punjab

After returning to winning ways with a hard-fought triumph over Delhi Daredevils, the Kolkata Knight Riders will be hungry for more when they take on a formidable Kings XI Punjab at home in their......

Asiad: Somdev survives scare to reach final

Somdev Devvarman inched closer to a historic tennis gold at the Asian Games as the gritty Indian overcame a stunning second-set lapse to tame Tatsuma Ito and seal a place in the men's singles......

Spurs crush Arsenal's title hopes with derby win

Tottenham Hotspur dealt a potentially fatal blow to north London rivals Arsenal's Premier League title hopes with a 2-1 win at White Hart Lane on Wednesday.A superb Danny Rose volley and a second......

Gilchrist lights up hometown farewell

Adam Gilchrist's last appearance on home turf followed the perfect script, as the retiring Australian struck his 16th ODI century to guide the hosts to a 63-run victory over Sri Lanka in a CB......

Dravid equals Gooch's record

- Warner Park in Basseterre, St. Kitts became the ninth ground to host a Test match in the Caribbean islands after Kensington Oval (Bridgetown, Barbados), Queen's Park Oval (Port-of-Spain,......
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  People speak for itat

  • QNA
Q. Why CBI reiterated its plea to close criminal proceedings against Quattrocchi Now ?
:  A. ITAT Report is the main reason more

http://qna.rediff.com/questions-and-answers/why-cbi-reiterated-its-plea-to-close-criminal-proceedings-ag//answers/18856041

anantharaman
Q. should the probe against Quatttrochhi be reopened in the wake of the ITAT report on bofors ?
Anantharaman:  A. no use at all,,,, only brow beating more

http://qna.rediff.com/questions-and-answers/should-the-probe-against-quatttrochhi-be-reopened-in-the-wak/18856038/answers/18852492

rajeshwari ramesh
Q. i have 29 shares of cox and kings at 629. should i exit or hold?
Rajeshwari Ramesh:  A. consider holding itat rs 100 /- down you may have a loss of around rs.2900/-upside chances are better though you seem to have bought at a real high price more

http://qna.rediff.com/questions-and-answers/i-have-29-shares-of-cox-and-kings-at-629.-should-i-exit-or-h/18852467/answers/18478089

  Web results for Itat
Settlement commission

Search took place in 2000. Assessment for A.Y. 1998-99 was made in 2002. Application in Settlement Commission filed in 2003. CIT appeal passed... ...

http://www.caclubindia.com/forum/settlement-commission-315289.asp
NRIs income earned abroad is not taxed in India

I am a seafarer employed with a UK-based company. I get my salary in dollars and the remittance is received in a non-resident external (NRE)... ...

http://www.livemint.com/Money/P8hZswOnzHTStjFewc4YaN/NRIs-income-earned-abroad-is-not-taxed-in-India.html
Impact on results of ca final nov 2014

Dear Subscriber, The Comproller & Auditor General of India (CAG) has issued a report No. 32 of 2014 setting out the results of the performance... ...

http://www.caclubindia.com/forum/impact-on-results-of-ca-final-nov-2014-314983.asp
Transfer Pricing adjustment on Corporate guarantee

TP adjustment on Corporate guarantee 1. [TS-208-ITAT-2014(CHNY)-TP] Transfer of shares in subsidiary, by way of 'gift', to an overseas step... ...

http://www.caclubindia.com/articles/transfer-pricing-adjustment-on-corporate-guarantee--22446.asp
Companies can now claim tax deduction on non-compete fees

ITAT has clarified while ruling in favour of the Indian subsidiary of Swiss specialty chemicals firm Clariant that non-compete fee is revenue... ...

http://economictimes.feedsportal.com/c/33041/f/534031/s/4185440c/sc/7/l/0Leconomictimes0Bindiatimes0N0Cnews0Ccompany0Ccorporate0Etrends0Ccompanies0Ecan0Enow0Eclaim0Etax0Ededuction0Eon0Enon0Ecompete0Efees0Carticleshow0C455465140Bcms/story01.htm

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