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Safari Retreats Judgement of Supreme Court: A Pyrrhic VictoryIndia’s RuPay card launched in MaldivesI-T- When the assessee has own funds and surplus is more than investments, then, the presumption is that own funds are used: ITATUS Court orders Google to welcome rival App storesI-T- Penalty under Section 271(1)(c) is invalid where notice issued u/s 274 fails to specify the exact limb of penalty imposed: ITATUS to sell lightweight torpedoes worth USD 175 mn to IndiaI-T- CIT(A) empowered to consider additional evidence not furnished during assessment proceedings or which CIT(A) opines is necessary to admit for adjudicating matter; AO must necessarily have opportunity to examine such evidence: ITATLawyers, wife not to have access to Imran Khan over security concernsI-T- Re-assessment proceedings are rightly quashed where found to be based on change of opinion : ITATHurricane Milton turns into Category 5 stormCX - Spirits are denatured to be rendered unfit for human consumption - commodity tax in Constitutional scheme excludes Union's jurisdiction on spirits for human consumption - Excise tax applies to all spirits not intended for human consumption: CESTATUK sets up Regulatory Innovation Office to spur growthCX - Molasses used captively for manufacturing Undenatured ethyl alcohol, are exempt from tax - tax demand raised thereon is not sustainable: CESTATMexican mayor killed days after assuming officeCus - Unless it is established that royalty is paid as a condition of sale, it cannot be included in assesable value: CESTAT

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Black Money - First case sails through ITAT - In Favour of Government


CESTAT Member Tech

It is no strange news that there are no much takers for the Tech post from Commissioner level More than the lack of charm from that of an Executive Commissioner no support staff to pass orders etc there is another reason
The qualification for ITAT member tech is only Addl Commissioner Extracts from Act as may be seen below from 1989
A person shall not be qualified for appointment as an accountant member unless
i he has for at least ten years been in the practice of accountancy

a as a chartered accountant under the Chartered Accountants Act 1949 38 of 1949 or
b as a registered accountant under any law formerly in force or
c partly as such registered accountant and partly as a chartered accountant or
ii 1 he has been a member of the Indian Income Tax Service Group A and has held the post of Additional Commissioner of Income Tax or any equivalent or higher post for at least three years
Substituted vide GSR No 454 dated 24th June 1999
Will the new MOS and Secratry Finance look into this to streamline the set up in both ITAT and CBDT and stop the strange set up

Unnikrishnan V 12/11/2014

 

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