774 11 june_2014
•
0 likes•9 views
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases from various High Courts and appellate authorities. Case 1 discusses whether payments made under an agency agreement were for rent or composite services. Case 2 examines whether payments for school bus transportation were for services. Case 3 analyzes the conditions for applying a tax provision to speculative transactions. Case 4 discusses the Settlement Commission's discretion in calculating penalties. Case 5 considers whether a tax authority could reject a belated refund claim due to late filing history. Case 6 addresses whether advance payments on an uncompleted land development deal resulted in income.
Report
Share
Report
Share
Download to read offline
Recommended
Chapter 2a industrial building allowances
This document discusses the industrial building allowance under the Malaysian tax code. It provides definitions of qualifying industrial buildings and expenditures. Taxpayers can claim initial and annual allowances for capital expenditures incurred in constructing or purchasing buildings used for industrial purposes. The initial allowance is 10% of qualifying expenditures, while the annual allowance is 3%. Exceptions and special considerations are outlined for buildings only partially used for industrial activities, purchased buildings, buildings later used by the government, and for determining the disposal value when buildings are sold or demolished.
Contract Labour (Regulation & Abolition) Act, 1970 ld
The Contract Labour (Regulation & Abolition) Act, 1970 aims to regulate the employment of contract labour in certain establishments and provide for its abolition under certain circumstances. Some key points:
- It applies to establishments employing 20 or more contract workers and contractors employing the same. States can extend it to establishments/contractors with less workers.
- It does not apply to intermittent/casual work or work of a seasonal nature below certain thresholds.
- Principal employers must register establishments and obtain licenses for contractors. Contractors must maintain records like muster rolls and wages registers.
- The Act provides welfare amenities to be provided. Principal employers may be liable for wage payments if contractors default. Appropriate
Transfer pricing case law updates vol. 1
Indian Government Undertaking Company could not be accepted as comparable for benchmarking analysis
Virginia Transformer India (P.) Ltd. v ITO [2017] 84 taxmann.com 245 (Delhi - Trib.)
759 24 may_2014
This document provides a summary of recent legal landmarks from various tax authorities and high courts in India. It includes 6 rulings covering issues like:
1. Income from unused business premises being considered as house property income.
2. Expenditure on an abandoned film being allowed as a revenue expenditure.
3. Amount paid for electricity transmission and maintenance not considered fee for technical services and instead covered under a different section.
Contract labour act
The document provides an overview of the Contract Labour (Regulation and Abolition) Act of 1970. It aims to regulate the employment of contract labour in certain establishments and provide for its abolition in certain circumstances. Key points include definitions of terms like contractor and contract labour; requirements for employers and contractors to register establishments and obtain licenses; responsibilities of employers and contractors regarding wages, welfare, and other labour laws; and guidelines on when contract labour would be considered for abolition. The act evolved over time in response to various labour inquiries and committees to better prevent the exploitation of contract workers.
Indirect tax judicial precedents september 2016 (1)
The document provides a summary of recent indirect tax judicial precedents from September 2016. It discusses 12 cases from various High Courts and Tribunals. Key points from 3 cases include:
1) Service tax paid under mistaken belief cannot be retained by the government and a refund must be allowed.
2) Cenvat credit can be availed on the basis of an advisory note from head office as long as it is based on valid documents.
3) Advertisement expenditure incurred by dealers would not be included in the assessable value of the manufacturer in the absence of an enforceable legal right.
Draft notification wages of contract labour
Helper / Peon / Sweeper / Watchman / Beldar / Jamadar /
Mazdoor and other similar categories.
Definition: Unskilled employee who can do simple tasks
under supervision.
5.
Apprentice:
Apprentice under Apprentices Act, 1961.
6.
Trainee:
Trainee under any scheme of the Government.
7.
Part-time employee:
Part-time employee shall be paid wages on pro-rata basis
as per the number of hours worked.
8.
Piece Rated Workers:
The minimum wages payable to the piece rated workers
Contract labour min. wages
This document summarizes revisions made to wages of contract laborers in Andhra Pradesh. It references previous orders and notifications on the topic. The key points are:
1) It revises Service Condition No. 12 of the Andhra Pradesh Contract Labour Rules to update wage rates for various skilled, semi-skilled, unskilled, office staff categories.
2) Wage rates are set at minimum levels and must meet or exceed statutory minimum wages.
3) Cost of living allowance will be notified biannually based on consumer price index increases.
4) The Secretary to the Andhra Pradesh government orders publication of this final notification revising contract labor wages.
Recommended
Chapter 2a industrial building allowances
This document discusses the industrial building allowance under the Malaysian tax code. It provides definitions of qualifying industrial buildings and expenditures. Taxpayers can claim initial and annual allowances for capital expenditures incurred in constructing or purchasing buildings used for industrial purposes. The initial allowance is 10% of qualifying expenditures, while the annual allowance is 3%. Exceptions and special considerations are outlined for buildings only partially used for industrial activities, purchased buildings, buildings later used by the government, and for determining the disposal value when buildings are sold or demolished.
Contract Labour (Regulation & Abolition) Act, 1970 ld
The Contract Labour (Regulation & Abolition) Act, 1970 aims to regulate the employment of contract labour in certain establishments and provide for its abolition under certain circumstances. Some key points:
- It applies to establishments employing 20 or more contract workers and contractors employing the same. States can extend it to establishments/contractors with less workers.
- It does not apply to intermittent/casual work or work of a seasonal nature below certain thresholds.
- Principal employers must register establishments and obtain licenses for contractors. Contractors must maintain records like muster rolls and wages registers.
- The Act provides welfare amenities to be provided. Principal employers may be liable for wage payments if contractors default. Appropriate
Transfer pricing case law updates vol. 1
Indian Government Undertaking Company could not be accepted as comparable for benchmarking analysis
Virginia Transformer India (P.) Ltd. v ITO [2017] 84 taxmann.com 245 (Delhi - Trib.)
759 24 may_2014
This document provides a summary of recent legal landmarks from various tax authorities and high courts in India. It includes 6 rulings covering issues like:
1. Income from unused business premises being considered as house property income.
2. Expenditure on an abandoned film being allowed as a revenue expenditure.
3. Amount paid for electricity transmission and maintenance not considered fee for technical services and instead covered under a different section.
Contract labour act
The document provides an overview of the Contract Labour (Regulation and Abolition) Act of 1970. It aims to regulate the employment of contract labour in certain establishments and provide for its abolition in certain circumstances. Key points include definitions of terms like contractor and contract labour; requirements for employers and contractors to register establishments and obtain licenses; responsibilities of employers and contractors regarding wages, welfare, and other labour laws; and guidelines on when contract labour would be considered for abolition. The act evolved over time in response to various labour inquiries and committees to better prevent the exploitation of contract workers.
Indirect tax judicial precedents september 2016 (1)
The document provides a summary of recent indirect tax judicial precedents from September 2016. It discusses 12 cases from various High Courts and Tribunals. Key points from 3 cases include:
1) Service tax paid under mistaken belief cannot be retained by the government and a refund must be allowed.
2) Cenvat credit can be availed on the basis of an advisory note from head office as long as it is based on valid documents.
3) Advertisement expenditure incurred by dealers would not be included in the assessable value of the manufacturer in the absence of an enforceable legal right.
Draft notification wages of contract labour
Helper / Peon / Sweeper / Watchman / Beldar / Jamadar /
Mazdoor and other similar categories.
Definition: Unskilled employee who can do simple tasks
under supervision.
5.
Apprentice:
Apprentice under Apprentices Act, 1961.
6.
Trainee:
Trainee under any scheme of the Government.
7.
Part-time employee:
Part-time employee shall be paid wages on pro-rata basis
as per the number of hours worked.
8.
Piece Rated Workers:
The minimum wages payable to the piece rated workers
Contract labour min. wages
This document summarizes revisions made to wages of contract laborers in Andhra Pradesh. It references previous orders and notifications on the topic. The key points are:
1) It revises Service Condition No. 12 of the Andhra Pradesh Contract Labour Rules to update wage rates for various skilled, semi-skilled, unskilled, office staff categories.
2) Wage rates are set at minimum levels and must meet or exceed statutory minimum wages.
3) Cost of living allowance will be notified biannually based on consumer price index increases.
4) The Secretary to the Andhra Pradesh government orders publication of this final notification revising contract labor wages.
Chapter 7; capital allowances students
This document provides an overview of capital allowances under Malaysian tax law. It discusses that while accounting depreciation is not tax deductible, taxpayers are granted tax depreciation or "capital allowances" on qualifying capital expenditures to determine taxable income. Capital allowances are only given for business sources and only to the person who incurs the qualifying expenditure. The document outlines the types of capital allowances (initial allowance, annual allowance, notional allowance), eligibility requirements, qualifying expenditures, treatment of plant and machinery purchases and disposals, and other related topics.
Schedule II - 03.07.15
This document provides an overview of depreciation accounting under the Companies Act, 2013 compared to the previous Companies Act, 1956. Some key points:
- Schedule II of the 2013 Act defines useful life and depreciation methods, whereas Schedule XIV of the 1956 Act specified depreciation rates.
- Component accounting is mandatory under the 2013 Act but was optional under the 1956 Act.
- Depreciation of intangible assets like BOT toll road assets is based on revenue amortization.
- Transition rules specify that the carrying amount of assets as of April 1, 2014 will be depreciated over remaining useful life, otherwise transferred to retained earnings.
- Higher depreciation rates can
826 11 aug_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 rulings covering topics such as whether rental income from a godown on agricultural land constitutes agricultural income, whether service tax reimbursements should be excluded from gross receipts for presumptive income, and whether partners are liable to pay taxes on profits received from a firm that include exempted income. Each ruling summarized includes the authority, section/rules of relevant law, ratio or key consideration of the ruling, and citation and subject details.
Chapter 10
This document discusses various tax investment incentives available in Malaysia, including:
1. Pioneer status which provides a tax exemption on 70% of statutory income for 5 years for certain promoted industries and activities.
2. Investment tax allowances which allow a company to deduct 60% of qualifying capital expenditure against 70% of statutory income for 5 years. Higher rates are available for certain priority projects and locations.
3. Industrial adjustment allowances which provide tax deductions of 60-100% of qualifying capital expenditure for 5 years for companies undertaking approved restructuring programs.
The document provides examples and details of how to compute taxable income and liability using these various incentives.
789 28 june_2014
The document provides a summary of recent legal landmarks across various high courts and appellate tribunals in India. It includes 6 cases covering topics such as:
1. Withdrawing an appeal on a particular issue before the tribunal is treated as no appeal on that ground.
2. A delay of 373 days in filing an appeal due to gross negligence was not accepted.
3. Payment to a group company for use of an intranet facility was considered royalty income.
4. Benefit of a tax exemption section should be extended to the entire land compensation amount awarded by courts, not just the lower amount set by acquisition officers.
5. Question of fair market value of property converted to stock is
Presentation on Schedule II
This document provides guidance on applying the provisions of Schedule II to the Companies Act 2013 regarding depreciation. Some key points:
- Schedule II replaced Schedule XIV and requires depreciation to be computed based on the useful life of assets as defined in Schedule II.
- Useful life is the period over which an asset is expected to be used, or the number of production units from the asset. Residual value cannot exceed 5% of original cost.
- The transitional provision requires assets' remaining useful life to be used to calculate depreciation from April 1, 2014, or amounts above residual value to be charged to retained earnings.
- Components with different useful lives must be depreciated separately.
Taxmann's Daily Tax Digest | 24th July 2020
Taxmann's Daily Tax Digest:
A Daily Section-wise digest of Judgments & Statutes on Income-Tax, GST, Company Laws, FEMA, Banking & Insurance Laws, Accounts & Audit, International Taxation, and Transfer Pricing.
Depreciation as per schedule II along with Guidance Note from ICAI
This document provides an overview and guidance on depreciation concepts according to Schedule II, including component accounting. It discusses calculating depreciation for individual components that have different useful lives than the overall asset. Other topics covered include double and triple shift depreciation, amortization of intangible assets, useful life and residual value of assets, and depreciation for continuous process plants. The presentation was created by Dipendra Prasad Poudel.
A p contract employees minimum wages w
1. The document is a notification from the Government of Andhra Pradesh revising the minimum wages of contract laborers effective January 17, 2012.
2. It outlines 9 categories of contract labor jobs along with their basic minimum wages and cost of living allowance calculations.
3. The notification also specifies the process for calculating and notifying cost of living adjustments every 6 months based on changes to the state's consumer price index.
What is Depreciation and how its calculate
This document discusses depreciation for Al-Imran brothers' fixed assets for the year ending December 31, 2010. It lists the company's office equipment, plant and machinery, and office furniture assets and their costs. It calculates the annual depreciation for each asset using the cost price, salvage value, and estimated life. The totals for depreciation expense for each asset are recorded through journal entries to allocate the amounts to the respective accumulated depreciation accounts.
TransPrice Times 1st - 15th March 2018
This document summarizes several transfer pricing cases from the TransPrice Times publication.
The first case discusses Vodafone Essar Digilink Ltd. where the ITAT rejected the use of a foreign comparable transaction to benchmark royalty payments. However, it also rejected the tax officer's argument of nil royalty.
The second case discusses Blue Scope Steel India Private Limited, where the ITAT accepted the taxpayer's argument that seconded employees were on its payroll, so salary reimbursements should be allowed.
The third case discusses Amphenol Interconnect India Private Ltd. where the High Court upheld the Tax Court's use of TNMM over CUP and rejected differences in sales commissions.
The last case
THE EMPLOYEE COMPENSATION ACT,1923
The document summarizes the key aspects of the Employees' Compensation Act of 1923 in India, as amended in 2009. It discusses that the Act was amended to replace the term "workmen" with "employee" to include white collar workers. The Act applies to various industries and sectors but excludes certain government employees and those covered under other Acts. The objective of the Act is to provide compensation for injuries arising from employment. It defines various terms including disablement, employer, workman, and wages. It also outlines who qualifies as dependents for the purpose of receiving compensation.
Amrapali complaint (5)
Amrapali complaint (5) - amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali
Semiskilled workmen Recruitment
HSL is the pioneer Shipbuilding and Ship repair Yard functioning under the Ministry
of Defence. The Company is looking for Semi-skilled workmen in the following posts.
811 24 july_2014
This document provides a summary of recent legal landmarks in 6 cases:
1. The ITAT ruled that if a taxpayer does not notify the department of an address change, a notice served on the old address cannot be quashed.
2. The ITAT ruled that interest must be paid on demands sustained in remand proceedings if the initial demand is not paid.
3. The ITAT ruled that projected profits of subsequent years cannot be considered when working out profits under the TNMM transfer pricing method.
4. The Patna HC ruled that an affidavit of gift from a spouse did not adequately explain the source of investments found in a search.
812 25 july_2014
This document provides a summary of recent legal landmarks in taxation. It lists 6 cases from various High Courts and appellate authorities across India. Each case listing includes the authority, relevant section/rule, ratio or key consideration from the case, case citation, and name of the assessee involved. The cases covered rulings on topics like interest income taxation, penalty for change in head of income, use of segmental reports for transfer pricing, stay of tax recovery, classification of rental income, and depreciation allowance.
821 5 aug_2014
This document provides a summary of recent legal landmarks in India:
1. The Delhi High Court ruled that the onus to prove the genuineness of a transaction is not discharged if it was not previously challenged.
2. The Delhi Income Tax Appellate Tribunal held that reimbursements of actual expenses from customers must be included in gross receipts for purposes of Section 44BB of the Income Tax Act.
3. The Bombay High Court found that no question of law was involved when the Income Tax Appellate Tribunal ruled that a sum received was related to a family settlement.
781 19 june_2014
This document provides a summary of recent legal landmarks related to Indian tax law. It lists 6 cases with details of the authority, section/rules discussed, ratio or key legal principle established, and case name. The cases addressed issues such as penalty for additional income declared in a revised tax return, set-off of firm losses against an individual partner's tax refund, set-off of derivative trading losses against other capital gains, interest deductibility on funds borrowed and advanced to a housing society, conditions for staying tax recovery, and whether land development work constituted transfer of property rights under the tax law.
829 14 aug_2014
1. The document lists recent legal landmarks from various tax authorities and courts.
2. It summarizes six cases, providing the section/rules considered, key ratio or principle from the ruling, citation details and case name.
3. The cases addressed issues like the validity of a scrutiny assessment, determining the arm's length price of royalty payments, treatment of forex losses in computing arm's length price, the taxability of income from letting out office space, restrictions on property transfers, and the deductibility of interest expenses.
775 12 june_2014
The document lists recent legal landmarks from income tax appellate authorities and courts. It includes 6 cases covering topics such as:
1) Income from salary cannot be deemed to have accrued in India merely because an appointment letter was issued in India.
2) Where a taxpayer is entitled to claim maintenance expenses on a property under section 10(23C) or 11, they cannot also claim a section 24(a) deduction to avoid double deduction.
3) Refund of tax deducted at source cannot be denied due to delay in issuing TDS certificates if that delay caused the refund claim to be delayed.
806 18 july_2014
This document lists recent legal landmarks from various tax authorities and courts in India. It summarizes 6 cases covering topics like transfer pricing, income accrual, deductions, valuation of consideration, trust registration, and existence of permanent establishment. Each case provides the authority, section/rule of the Income Tax Act under consideration, ratio or key consideration from the ruling, and citation details.
782 20 june_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases from various High Courts and Income Tax Appellate Tribunals across India. For each case, it provides the authority, relevant section/rules, ratio/principle of the ruling, citation details, and name of the assessee involved. The rulings addressed issues like the applicability of stamp duty value for capital gains, deductions for scientific research expenditures, depreciation eligibility for licensees, time barring of block assessments, allowability of leave encashment on payment basis, and collection/recovery of penalty amounts in search related cases.
More Related Content
What's hot
Chapter 7; capital allowances students
This document provides an overview of capital allowances under Malaysian tax law. It discusses that while accounting depreciation is not tax deductible, taxpayers are granted tax depreciation or "capital allowances" on qualifying capital expenditures to determine taxable income. Capital allowances are only given for business sources and only to the person who incurs the qualifying expenditure. The document outlines the types of capital allowances (initial allowance, annual allowance, notional allowance), eligibility requirements, qualifying expenditures, treatment of plant and machinery purchases and disposals, and other related topics.
Schedule II - 03.07.15
This document provides an overview of depreciation accounting under the Companies Act, 2013 compared to the previous Companies Act, 1956. Some key points:
- Schedule II of the 2013 Act defines useful life and depreciation methods, whereas Schedule XIV of the 1956 Act specified depreciation rates.
- Component accounting is mandatory under the 2013 Act but was optional under the 1956 Act.
- Depreciation of intangible assets like BOT toll road assets is based on revenue amortization.
- Transition rules specify that the carrying amount of assets as of April 1, 2014 will be depreciated over remaining useful life, otherwise transferred to retained earnings.
- Higher depreciation rates can
826 11 aug_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 rulings covering topics such as whether rental income from a godown on agricultural land constitutes agricultural income, whether service tax reimbursements should be excluded from gross receipts for presumptive income, and whether partners are liable to pay taxes on profits received from a firm that include exempted income. Each ruling summarized includes the authority, section/rules of relevant law, ratio or key consideration of the ruling, and citation and subject details.
Chapter 10
This document discusses various tax investment incentives available in Malaysia, including:
1. Pioneer status which provides a tax exemption on 70% of statutory income for 5 years for certain promoted industries and activities.
2. Investment tax allowances which allow a company to deduct 60% of qualifying capital expenditure against 70% of statutory income for 5 years. Higher rates are available for certain priority projects and locations.
3. Industrial adjustment allowances which provide tax deductions of 60-100% of qualifying capital expenditure for 5 years for companies undertaking approved restructuring programs.
The document provides examples and details of how to compute taxable income and liability using these various incentives.
789 28 june_2014
The document provides a summary of recent legal landmarks across various high courts and appellate tribunals in India. It includes 6 cases covering topics such as:
1. Withdrawing an appeal on a particular issue before the tribunal is treated as no appeal on that ground.
2. A delay of 373 days in filing an appeal due to gross negligence was not accepted.
3. Payment to a group company for use of an intranet facility was considered royalty income.
4. Benefit of a tax exemption section should be extended to the entire land compensation amount awarded by courts, not just the lower amount set by acquisition officers.
5. Question of fair market value of property converted to stock is
Presentation on Schedule II
This document provides guidance on applying the provisions of Schedule II to the Companies Act 2013 regarding depreciation. Some key points:
- Schedule II replaced Schedule XIV and requires depreciation to be computed based on the useful life of assets as defined in Schedule II.
- Useful life is the period over which an asset is expected to be used, or the number of production units from the asset. Residual value cannot exceed 5% of original cost.
- The transitional provision requires assets' remaining useful life to be used to calculate depreciation from April 1, 2014, or amounts above residual value to be charged to retained earnings.
- Components with different useful lives must be depreciated separately.
Taxmann's Daily Tax Digest | 24th July 2020
Taxmann's Daily Tax Digest:
A Daily Section-wise digest of Judgments & Statutes on Income-Tax, GST, Company Laws, FEMA, Banking & Insurance Laws, Accounts & Audit, International Taxation, and Transfer Pricing.
Depreciation as per schedule II along with Guidance Note from ICAI
This document provides an overview and guidance on depreciation concepts according to Schedule II, including component accounting. It discusses calculating depreciation for individual components that have different useful lives than the overall asset. Other topics covered include double and triple shift depreciation, amortization of intangible assets, useful life and residual value of assets, and depreciation for continuous process plants. The presentation was created by Dipendra Prasad Poudel.
A p contract employees minimum wages w
1. The document is a notification from the Government of Andhra Pradesh revising the minimum wages of contract laborers effective January 17, 2012.
2. It outlines 9 categories of contract labor jobs along with their basic minimum wages and cost of living allowance calculations.
3. The notification also specifies the process for calculating and notifying cost of living adjustments every 6 months based on changes to the state's consumer price index.
What is Depreciation and how its calculate
This document discusses depreciation for Al-Imran brothers' fixed assets for the year ending December 31, 2010. It lists the company's office equipment, plant and machinery, and office furniture assets and their costs. It calculates the annual depreciation for each asset using the cost price, salvage value, and estimated life. The totals for depreciation expense for each asset are recorded through journal entries to allocate the amounts to the respective accumulated depreciation accounts.
TransPrice Times 1st - 15th March 2018
This document summarizes several transfer pricing cases from the TransPrice Times publication.
The first case discusses Vodafone Essar Digilink Ltd. where the ITAT rejected the use of a foreign comparable transaction to benchmark royalty payments. However, it also rejected the tax officer's argument of nil royalty.
The second case discusses Blue Scope Steel India Private Limited, where the ITAT accepted the taxpayer's argument that seconded employees were on its payroll, so salary reimbursements should be allowed.
The third case discusses Amphenol Interconnect India Private Ltd. where the High Court upheld the Tax Court's use of TNMM over CUP and rejected differences in sales commissions.
The last case
THE EMPLOYEE COMPENSATION ACT,1923
The document summarizes the key aspects of the Employees' Compensation Act of 1923 in India, as amended in 2009. It discusses that the Act was amended to replace the term "workmen" with "employee" to include white collar workers. The Act applies to various industries and sectors but excludes certain government employees and those covered under other Acts. The objective of the Act is to provide compensation for injuries arising from employment. It defines various terms including disablement, employer, workman, and wages. It also outlines who qualifies as dependents for the purpose of receiving compensation.
Amrapali complaint (5)
Amrapali complaint (5) - amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali complaints,amrapali
Semiskilled workmen Recruitment
HSL is the pioneer Shipbuilding and Ship repair Yard functioning under the Ministry
of Defence. The Company is looking for Semi-skilled workmen in the following posts.
What's hot (14)
Depreciation as per schedule II along with Guidance Note from ICAI
Depreciation as per schedule II along with Guidance Note from ICAI
Viewers also liked
811 24 july_2014
This document provides a summary of recent legal landmarks in 6 cases:
1. The ITAT ruled that if a taxpayer does not notify the department of an address change, a notice served on the old address cannot be quashed.
2. The ITAT ruled that interest must be paid on demands sustained in remand proceedings if the initial demand is not paid.
3. The ITAT ruled that projected profits of subsequent years cannot be considered when working out profits under the TNMM transfer pricing method.
4. The Patna HC ruled that an affidavit of gift from a spouse did not adequately explain the source of investments found in a search.
812 25 july_2014
This document provides a summary of recent legal landmarks in taxation. It lists 6 cases from various High Courts and appellate authorities across India. Each case listing includes the authority, relevant section/rule, ratio or key consideration from the case, case citation, and name of the assessee involved. The cases covered rulings on topics like interest income taxation, penalty for change in head of income, use of segmental reports for transfer pricing, stay of tax recovery, classification of rental income, and depreciation allowance.
821 5 aug_2014
This document provides a summary of recent legal landmarks in India:
1. The Delhi High Court ruled that the onus to prove the genuineness of a transaction is not discharged if it was not previously challenged.
2. The Delhi Income Tax Appellate Tribunal held that reimbursements of actual expenses from customers must be included in gross receipts for purposes of Section 44BB of the Income Tax Act.
3. The Bombay High Court found that no question of law was involved when the Income Tax Appellate Tribunal ruled that a sum received was related to a family settlement.
781 19 june_2014
This document provides a summary of recent legal landmarks related to Indian tax law. It lists 6 cases with details of the authority, section/rules discussed, ratio or key legal principle established, and case name. The cases addressed issues such as penalty for additional income declared in a revised tax return, set-off of firm losses against an individual partner's tax refund, set-off of derivative trading losses against other capital gains, interest deductibility on funds borrowed and advanced to a housing society, conditions for staying tax recovery, and whether land development work constituted transfer of property rights under the tax law.
829 14 aug_2014
1. The document lists recent legal landmarks from various tax authorities and courts.
2. It summarizes six cases, providing the section/rules considered, key ratio or principle from the ruling, citation details and case name.
3. The cases addressed issues like the validity of a scrutiny assessment, determining the arm's length price of royalty payments, treatment of forex losses in computing arm's length price, the taxability of income from letting out office space, restrictions on property transfers, and the deductibility of interest expenses.
775 12 june_2014
The document lists recent legal landmarks from income tax appellate authorities and courts. It includes 6 cases covering topics such as:
1) Income from salary cannot be deemed to have accrued in India merely because an appointment letter was issued in India.
2) Where a taxpayer is entitled to claim maintenance expenses on a property under section 10(23C) or 11, they cannot also claim a section 24(a) deduction to avoid double deduction.
3) Refund of tax deducted at source cannot be denied due to delay in issuing TDS certificates if that delay caused the refund claim to be delayed.
806 18 july_2014
This document lists recent legal landmarks from various tax authorities and courts in India. It summarizes 6 cases covering topics like transfer pricing, income accrual, deductions, valuation of consideration, trust registration, and existence of permanent establishment. Each case provides the authority, section/rule of the Income Tax Act under consideration, ratio or key consideration from the ruling, and citation details.
782 20 june_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases from various High Courts and Income Tax Appellate Tribunals across India. For each case, it provides the authority, relevant section/rules, ratio/principle of the ruling, citation details, and name of the assessee involved. The rulings addressed issues like the applicability of stamp duty value for capital gains, deductions for scientific research expenditures, depreciation eligibility for licensees, time barring of block assessments, allowability of leave encashment on payment basis, and collection/recovery of penalty amounts in search related cases.
780 18 june_2014
1. The document provides a summary of recent legal landmarks across various authorities and high courts in India.
2. It lists 6 cases, with details of the section/rules and ratios involved. The first case discusses working capital adjustments in transfer pricing cases. The second case concerns whether merely being a lifelong member of a trust implies it is non-charitable. The third case is about denial of trust registration solely based on seized documents about capitation fees.
3. The remaining cases cover issues like carrying forward income by charitable trusts, differences between portfolio management and investment advisory services, and condonation of delay in filing an appeal due to employee resignation.
788 27 june_2014
1. The document lists recent legal landmarks from various tax authorities and courts in India.
2. It summarizes six cases, noting the section/rules and ratios involved, related to issues like transfer pricing adjustments, treatment of interest and commission income, disallowance of interest expenses, filing fees, and treatment of reimbursements to overseas companies for seconded employees.
3. The cases cover judgments from the Delhi Income Tax Appellate Tribunal, Gujarat High Court, Kolkata High Court, Hyderabad Income Tax Appellate Tribunal, and Supreme Court of India.
778 16 june_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases with details of the section/rules of the Income Tax Act involved, a brief description of the ratio or legal principle of the case, and case name and citation. The cases addressed issues such as: 1) whether reassessment can be initiated based solely on a retrospective amendment; 2) whether material disclosed prior to a search can be used for search assessment; 3) whether a revised return can be filed with a delay condonation application; 4) whether interest income must be considered if advances are accepted as income; 5) whether an AO can proceed with a revisional order after it is set aside; and 6) whether conviction can
817 31 july_2014
This document provides a summary of recent legal landmarks across various tax authorities in India. It lists 6 cases from different High Courts and Tax Appellate Tribunals pertaining to sections like 92C, 2(22), 80HHC, 40(a)(ia), 48, and 145 of the Income Tax Act. Each case provides the section number, ratio or key legal principle established, citation details, and name of the taxpayer involved. The document summarizes important tax rulings on issues like transfer pricing, deemed dividend, deductions, disallowances, capital gains computation, and accounting methods.
791 1 july_2014
This document provides a summary of recent legal landmarks from various authorities:
1. The Bangalore ITAT held that payment for past services rendered must be treated as salary income under section 15 for the purpose of an employee benefits plan.
2. The Delhi HC held that if material differences between comparable companies can be eliminated by adjustments, no company can be excluded from the comparable list solely due to super profits.
3. The Gujarat HC held that if expenditure on technical know-how fees was already considered revenue, section 35AB would not apply and the claim under section 37(1) was justified.
776 13 june_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India:
1. The Mumbai ITAT ruled that a creditor's liability ceases to exist if they have not demanded payment for over 10 years, citing the case of Asht Laxmi Diamond & Jewellery.
2. The Karnataka HC ruled that expenses incurred under a terminated contract where no payment was received can be claimed as a business expenditure, citing the case of Asia Power Projects (P.) Ltd.
3. The Kolkata HC ruled that reasons given for reopening a tax case cannot be later amended through an affidavit, citing the case of Asiatic Oxygen Limited.
794 4 july_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It includes 6 cases covering topics like transfer pricing, deductions under various sections of the Income Tax Act, revision of book profits, tax deducted at source, and professional misconduct of chartered accountants. Each case provides the authority, relevant section/rule, ratio or key consideration from the ruling, citation details, and name of the assessed party.
798 9 july_2014
This document lists recent legal landmarks from various tax authorities in India. It includes 6 cases:
1. A Delhi High Court case found that payments made by a race club for live telecasts of horse races were not considered royalty and thus no TDS was required.
2. A Karnataka High Court case determined that an accounting system rejected in a subsequent year cannot be grounds for reopening a concluded tax assessment.
3. A Bombay High Court case ruled that if a taxpayer has already paid full tax and some penalty, a tribunal should not require further deposit for a stay.
4. An Amritsar ITAT case found that if notices under sections 142(1) and 143(2
819 2 aug_2014
1. The Supreme Court held that TDS under section 194C applies to landing and parking charges for aircraft as it is not for use of land.
2. The Chandigarh High Court held that penalty could not be levied where only part of the tax addition was confirmed by the tribunal.
3. The Punjab and Haryana High Court held that the statutory remedy of filing an appeal was not allowed after the revision petition under section 264 was rejected.
808 21 july_2014
Recent legal landmarks in taxation are summarized:
1. The ITAT ruled that sale-tax loan remission on prepayment would not be deemed as liability remission. It also ruled that delay in debt recovery from an associated enterprise is an international transaction subject to transfer pricing rules.
2. The ITAT held that a longer credit period allowed to an associated enterprise on sale proceeds realization is an international transaction under transfer pricing.
3. The ITAT stated that exemption cannot be denied if a booking amount is paid over a year before property transfer.
4. The High Court ruled that payments to a consultant-doctor without work hour stipulations would attract tax deducted at source.
5. The
800 11 july_2014
The document summarizes recent legal landmarks from various High Courts and Income Tax Appellate Tribunals (ITAT) related to taxation. It lists 6 cases covering topics such as:
1) Allowing a deduction for outsourcing production under section 35DDA of the Income Tax Act.
2) Disallowing interest deductions paid to a holding company as an attempt to divert income.
3) Violating sections 269T and 271E by transferring a loan to a spouse through a journal entry.
4) Income tax dues not being recoverable from sums credited to a Provident Fund account.
5) The Assessing Officer not being able to exercise coercive measures during the period for filing an appeal
827 12 aug_2014
This document provides a summary of recent legal landmarks in India. It lists 6 cases from various High Courts and their key rulings. The cases addressed issues such as what constitutes a permanent establishment for tax purposes, the powers of tax officials to issue notices, whether income from hoardings is taxable, allowability of unused input tax credits, requirements for charitable trust registration, and treatment of government security premiums paid by banks.
Viewers also liked (20)
Similar to 774 11 june_2014
769 5 june_2014
This document provides a summary of recent legal landmarks across various jurisdictions in India. It lists 6 cases with details of the authority, section/rules discussed, ratio or key consideration of the case, and citation and name of the assessed party. Some of the key issues addressed include the tax treatment of retention money withheld by an employer, tax deducted at source on payments made abroad, transfer pricing considerations for valid contracts, deemed income from payments made to related parties, the duty of the CIT to consider audit reports, and the opportunity to be heard regarding transfer of assessment to another jurisdiction.
793 3 july_2014
1. The document lists recent legal landmarks from various courts and tribunals in India relating to taxation.
2. It summarizes six cases, providing the section/rules of the Income Tax Act involved, a brief description of the ratio (legal principle) decided, and the citation and subject of the case.
3. The cases addressed a range of issues including what material is needed from the assessing officer to justify a settlement demand, when a preliminary notice needs to be issued for a settlement application, when penalty can be levied for documents related to a group of companies, and whether certain types of orders and deductions are appealable.
727 16 april_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 cases with details of the authority, section/rules of relevant law, ratio or key consideration of the court, case citation, and name of assessee. Some of the key rulings summarized include disallowing the use of a comparable company for transfer pricing without furnishing related information, treating income declared in a belated return after search as not undisclosed to the extent of advance tax paid, and upholding an addition under section 69B where an assessee admitted to unexplained stock during a survey.
770 6 june_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 cases covering topics such as deduction of advances under section 36(1)(vii), disallowance under section 14A, appropriate transfer pricing method under section 92C, deemed dividend under section 2(22), capital gains on conversion of capital asset to stock-in-trade under section 45(2), and stay of demand during an appeal under section 254. Each case provides the citation, authority or court, relevant section/rules, and ratio or key points of the ruling.
796 7 july_2014
This document provides a summary of recent legal landmarks across various authorities:
1. The Allahabad High Court ruled that unaccounted investment in a company was correctly assessed in the hands of an individual who was arranging construction funds for the company since the company had no income.
2. The Karnataka High Court ruled that a search warrant must be issued in the name of any person searched other than the one named in the original warrant, as search and seizure is a prerequisite for a block assessment order.
3. The Mumbai ITAT ruled that a deduction under Section 80-IA was allowable for a company supplying water to cargo ships for engine cleaning and other uses, as this was part of the company's business
749 13 may_2014
This document provides a summary of recent legal landmarks across various tax authorities in India. It lists 6 rulings covering topics such as:
1) The exemption on succession of a firm by a company was not allowed where partners received consideration in the form of loans instead of share capital.
2) Property occupied for business purposes but not utilized for running business would be taxed as per residential property income tax provisions.
3) Disallowance cannot be made for non-deduction of tax on payments to non-resident entities without a permanent establishment in India.
4) Reassessment was invalid where the matter was already subject to block assessment and outside the authority's jurisdiction.
5) Expenses on
754 19 may_2014
This document lists recent legal landmarks from various tax authorities in India. It includes 6 cases summarized as follows:
1. The tribunal is bound to consider precedents cited by the appellant and give its opinion on their applicability.
2. An appeal should be considered based on potential tax effect, not just actual tax effect.
3. Amenities charged separately from rent would not be included in annual letting value for housing property income.
4. If reassessment proceedings become invalid, related additions made during reassessment would also not be valid.
5. Recovery proceedings cannot be initiated against a successor business for a predecessor's tax dues without an order under section 170(3).
792 2 july_2014
This document lists recent legal landmarks from various High Courts and Tribunals in India:
1. The Karnataka High Court held that payments for trustee services to a trust that resulted in substantial growth of the trust's activities did not violate section 13(1)(c) of the Income Tax Act.
2. The Kerala High Court held that since a taxpayer had been in possession of a property after the lease period expired, they could not claim the benefit of written down value of construction costs.
3. The Bombay High Court held that since there was sufficient evidence for the Tribunal to decide an issue, the matter should be restored to the Tribunal's files.
737 28 april_2014
This document provides a summary of recent legal landmarks in India across various jurisdictions:
1. The Madras High Court ruled that a debatable issue cannot be settled via a prima facie adjustment under section 143(1)(a) of the Income Tax Act.
2. The Rajasthan Tax Appellate Tribunal held that registration cannot be denied if the winding up or dissolution clause in an organization's documents is in conformity with the conditions in the Act.
3. The Delhi Income Tax Appellate Tribunal stated that direct comparable companies must be considered for transfer pricing analysis over segmental financial results.
4. The Punjab and Haryana High Court ruled that if income is not chargeable to tax under a
746 9 may_2014
This document provides a summary of recent legal landmarks across various authorities and sections of tax law. It lists 6 cases covering topics like exemptions under sections 54F and 10(23C) of the Income Tax Act, penalties under sections 271B and 271(1)(c), tax deducted at source under section 194C, and principles of substantive versus protective assessment under section 143. For each case, it provides details like the authority, sections involved, case name, and ratio or principle established.
734 24 april_2014
The document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases with details of the authority, section/rules discussed, key ratio or reasoning from the case, and case name. The cases covered topics like additions of bogus purchases, assessment orders without supplying documents, transfer pricing adjustments, capital gains exemption, unexplained investments, and principles of natural justice in settlement orders.
1487 28 june 2016
1. The Mumbai ITAT ruled that the period of holding property acquired through a family arrangement would begin on the date the person became the owner, not the date of the original owner's death.
2. The Madras HC held that interest on loans by a company to sister concerns could not be disallowed as non-business expenditure where both were in the same line of business.
3. The Madras HC also ruled that an upfront payment for a 99-year leasehold could not be considered rental income for the lessor, so TDS under section 194-I did not apply.
750 14 may_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases from various High Courts and the Income Tax Appellate Tribunal. For each case it provides the authority, section/rules discussed, key ratio or principle from the case, citation details and name of the taxpayer involved. The cases relate to issues like penalty orders, tax recovery, transfer pricing adjustments, deductions, and allowability of provisions for bad debts.
C:\Fakepath\17262final Old Sugg Paper June09 8
The document provides guidance for the June 2009 Central Excise exam, including sample questions and answers. It notes that the answers are based on provisions amended by the Finance Act of 2008 and notifications/circulars issued up to October 31, 2008. It then provides a sample question from Section A of the exam and provides a detailed answer analyzing indirect tax provisions and case law.
740 2 may_2014
This document provides a summary of recent legal landmarks across various high courts in India. It includes 6 cases with details of the section/rules and ratio decided. Case 1 discusses the peak credit concept under section 68 and 69 of the Income Tax Act and deals with unexplained investments. Case 2 relates to duty drawback incentive and section 80-IB deduction. Case 3 deals with an assessment order challenge and the alternative remedy under section 143. Case 4 discusses the disallowance of an expense without specifying which expenditure was of a capital nature. Case 5 relates to maintaining an appeal plea and upholding the appellate tribunal's order. Case 6 exempts capital gains tax where the income was from the transfer of agricultural land.
771 7 june_2014
This document provides a summary of recent legal landmarks across various authorities and jurisdictions in India. It includes 6 cases with details of the section/rules and ratios involved, along with citations and case names. The cases cover topics like tax deduction at source, power to transfer assessment cases, block assessment proceedings, appealable orders, exemption of agricultural land sale proceeds, and applicability of TDS provisions to payments made to shipping companies.
745 8 may_2014
This document provides a summary of recent legal landmarks across various tax authorities in India. It lists 6 cases covering topics like:
1. Compensatory interest received for delayed property delivery being taxed as interest income.
2. Additional transfer pricing arguments being admitted by the tribunal as going to the root of the adjustment.
3. Penalty not being levied for interest payment default.
768 4 june_2014
This document lists recent legal landmarks from various courts and tribunals in India relating to taxation law:
1. The Madras High Court held that notice under section 143(2) of the Income Tax Act is mandatory for reassessment proceedings under section 148 even if the assessee requests that the original return be treated as the return for the reassessment.
2. The Lucknow Bench of the Income Tax Appellate Tribunal held that section 40(a)(ia) covers amounts payable by the assessee not just on March 31st of a year but also any time during the relevant year.
3. The Allahabad High Court held that short-term capital gains could not arise on conversion of
Direct tax implicatios on construction industry
This document summarizes tax implications for construction projects in India. It discusses key income tax provisions, judicial decisions, and Ind-AS accounting standards relevant for joint development agreements. Specifically, it covers how capital gains are taxed, important case law around project possession and completion, and the accounting treatment for revenue and losses over the life of a construction contract.
772 9 june_2014
This document provides a summary of recent legal landmarks from various courts:
1. The Hyderabad ITAT held that payment of privilege fees to the state government by a wholesale alcohol distributor was not an allowable business expense.
2. The Hyderabad ITAT also held that a power company was not entitled to claim interest income that was not accrued in the relevant assessment year.
3. The Andhra Pradesh High Court ruled that guarantee commission paid by a state financial corporation was an allowable business expense.
4. The Pune ITAT said brokerage expenses for a building not yet leased were not deductible.
5. The Gujarat High Court held that professional fees
Similar to 774 11 june_2014 (20)
Recently uploaded
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
Genocide in International Criminal Law.pptx
Excited to share insights from my recent presentation on genocide! 💡 In light of ongoing debates, it's crucial to delve into the nuances of this grave crime.
Energizing Communities, Fostering Growth, Sustaining Futures
USDA grants bolster rural communities, driving growth, sustainability, and prosperity through strategic development initiatives and financial support.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
This guide aims to provide information on how lawyers will be able to use the opportunities provided by AI tools and how such tools could help the business processes of small firms. Its objective is to provide lawyers with some background to understand what they can and cannot realistically expect from these products. This guide aims to give a reference point for small law practices in the EU
against which they can evaluate those classes of AI applications that are probably the most relevant for them.
Incometax Compliance_PF_ ESI- June 2024
This document briefly explains the June compliance calendar 2024 with income tax returns, PF, ESI, and important due dates, forms to be filled out, periods, and who should file them?.
Lifting the Corporate Veil. Power Point Presentation
"Lifting the Corporate Veil" is a legal concept that refers to the judicial act of disregarding the separate legal personality of a corporation or limited liability company (LLC). Normally, a corporation is considered a legal entity separate from its shareholders or members, meaning that the personal assets of shareholders or members are protected from the liabilities of the corporation. However, there are certain situations where courts may decide to "pierce" or "lift" the corporate veil, holding shareholders or members personally liable for the debts or actions of the corporation.
Here are some common scenarios in which courts might lift the corporate veil:
Fraud or Illegality: If shareholders or members use the corporate structure to perpetrate fraud, evade legal obligations, or engage in illegal activities, courts may disregard the corporate entity and hold those individuals personally liable.
Undercapitalization: If a corporation is formed with insufficient capital to conduct its intended business and meet its foreseeable liabilities, and this lack of capitalization results in harm to creditors or other parties, courts may lift the corporate veil to hold shareholders or members liable.
Failure to Observe Corporate Formalities: Corporations and LLCs are required to observe certain formalities, such as holding regular meetings, maintaining separate financial records, and avoiding commingling of personal and corporate assets. If these formalities are not observed and the corporate structure is used as a mere façade, courts may disregard the corporate entity.
Alter Ego: If there is such a unity of interest and ownership between the corporation and its shareholders or members that the separate personalities of the corporation and the individuals no longer exist, courts may treat the corporation as the alter ego of its owners and hold them personally liable.
Group Enterprises: In some cases, where multiple corporations are closely related or form part of a single economic unit, courts may pierce the corporate veil to achieve equity, particularly if one corporation's actions harm creditors or other stakeholders and the corporate structure is being used to shield culpable parties from liability.
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
Lincoln硕士毕业证成绩单【微信95270640】办理新西兰林肯大学毕业证原版一模一样、Lincoln毕业证制作【Q微信95270640】《新西兰林肯大学毕业证购买流程》《Lincoln成绩单制作》新西兰林肯大学毕业证书Lincoln毕业证文凭新西兰林肯大学
本科毕业证书,学历学位认证如何办理【留学国外学位学历认证、毕业证、成绩单、大学Offer、雅思托福代考、语言证书、学生卡、高仿教育部认证等一切高仿或者真实可查认证服务】代办国外（海外）英国、加拿大、美国、新西兰、澳大利亚、新西兰等国外各大学毕业证、文凭学历证书、成绩单、学历学位认证真实可查。
[留学文凭学历认证(留信认证使馆认证)新西兰林肯大学毕业证成绩单毕业证证书大学Offer请假条成绩单语言证书国际回国人员证明高仿教育部认证申请学校等一切高仿或者真实可查认证服务。
多年留学服务公司,拥有海外样板无数能完美1:1还原海外各国大学degreeDiplomaTranscripts等毕业材料。海外大学毕业材料都有哪些工艺呢？工艺难度主要由：烫金.钢印.底纹.水印.防伪光标.热敏防伪等等组成。而且我们每天都在更新海外文凭的样板以求所有同学都能享受到完美的品质服务。
国外毕业证学位证成绩单办理方法：
1客户提供办理新西兰林肯大学新西兰林肯大学毕业证学位证信息：姓名生日专业学位毕业时间等（如信息不确定可以咨询顾问：我们有专业老师帮你查询）；
2开始安排制作毕业证成绩单电子图；
3毕业证成绩单电子版做好以后发送给您确认；
4毕业证成绩单电子版您确认信息无误之后安排制作成品；
5成品做好拍照或者视频给您确认；
6快递给客户（国内顺丰国外DHLUPS等快读邮寄）
— — — — 我们是挂科和未毕业同学们的福音我们是实体公司精益求精的工艺！ — — — -
一真实留信认证的作用(私企外企荣誉的见证):
1：该专业认证可证明留学生真实留学身份同时对留学生所学专业等级给予评定。
2：国家专业人才认证中心颁发入库证书这个入网证书并且可以归档到地方。
3：凡是获得留信网入网的信息将会逐步更新到个人身份内将在公安部网内查询个人身份证信息后同步读取人才网入库信息。
4：个人职称评审加20分个人信誉贷款加10分。
5：在国家人才网主办的全国网络招聘大会中纳入资料供国家500强等高端企业选择人才。问山娃想买什么想吃什么山娃知道父亲赚钱很辛苦除了书籍和文具山娃啥也不要能牵着父亲的手满城闲逛他已心满意足了父亲连挑了三套童装叫山娃试穿山娃有点不想父亲说城里不比乡下要穿得漂漂亮亮爸怎么不穿得漂亮望着父亲山娃反问道父亲听了并不回答只是吃吃地笑山娃很精神越逛越起劲父亲却越逛越疲倦望着父亲呵欠连天的样子山娃也说困了累了回家吧小屋闷罐一般头顶上的三叶扇彻夜呜呜作响搅得满屋热气腾腾也搅得山娃心烦意乱父亲一的
Search Warrants for NH Law Enforcement Officers
Training aid for law enforcement officers related to search warrants, the requirements needed, drafting, and execution of the search warrant.
Patenting_Innovations_in_3D_Printing_Prosthetics.pptx
slide deck : Patenting innovations in 3D printing
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
The Work Permit for Self-Employed Persons in Italy
Learn more on how to obtain the work permit for self-employed persons in Italy at https://immigration-italy.com/selfemployment-work-permit-in-italy/.
Matthew Professional CV experienced Government Liaison
As an experienced Government Liaison, I have demonstrated expertise in Corporate Governance. My skill set includes senior-level management in Contract Management, Legal Support, and Diplomatic Relations. I have also gained proficiency as a Corporate Liaison, utilizing my strong background in accounting, finance, and legal, with a Bachelor's degree (B.A.) from California State University. My Administrative Skills further strengthen my ability to contribute to the growth and success of any organization.
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
असंगत न्यायालयी फैसलों के कारण भारत में महिलाओं को सुरक्षित गर्भपात के लिए एक भ्रामक और अनुचित कानूनी लड़ाई का सामना करना पड़ रहा है।
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
学校原件一模一样【微信：741003700 】《(PSU毕业证书)宾州州立大学公园分校毕业证学历证书》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
From Promise to Practice. Implementing AI in Legal Environments
Pim Betist's presentation about generative AI in the legal sector at Lexpo.com '24
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Discover how Mississauga criminal defence lawyers defend clients facing weapon offence charges with expert legal guidance and courtroom representation.
To know more visit: https://www.saini-law.com/
Recently uploaded (20)
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
Tax Law Notes on taxation law tax law for 10th sem
Tax Law Notes on taxation law tax law for 10th sem
Energizing Communities, Fostering Growth, Sustaining Futures
Energizing Communities, Fostering Growth, Sustaining Futures
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
fnaf lore.pptx ...................................
fnaf lore.pptx ...................................
Lifting the Corporate Veil. Power Point Presentation
Lifting the Corporate Veil. Power Point Presentation
Patenting_Innovations_in_3D_Printing_Prosthetics.pptx
Patenting_Innovations_in_3D_Printing_Prosthetics.pptx
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
The Work Permit for Self-Employed Persons in Italy
The Work Permit for Self-Employed Persons in Italy
Matthew Professional CV experienced Government Liaison
Matthew Professional CV experienced Government Liaison
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
From Promise to Practice. Implementing AI in Legal Environments
From Promise to Practice. Implementing AI in Legal Environments
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
774 11 june_2014
- 1. VOLUME NO.: LLAT/774 OF 2016-17 DATE: 11 June 2014 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Dear Client, We have pleasure in listing below some of the recent legal landmarks. SrNo Authority Section/Rules RATIO(S) Citation /Subject CASE(NAME OF ASSESSEE) 1.1 MUM ITAT 194C 194-I ITA Amount paid to a depot agent by A under agency service agreement was described as rentals paid for premises and specifications and it was for composite services arrangement would fall under definition of rent provided under section 194C and not under 1.2 48TM351 TDS Apar Industries Ltd 2.1 ALLBD HC 194C 194-I ITA Where A-school hired buses from a transport contractor for point to point transportation of its students and staff it was to be regarded as service contract governed by provisions of section 194C. 2.2 49TM401 TDS Apeejay School Apeejay School Campus 3.1 MUM ITAT 43(5) ITA For applicability of proviso (a) to section 43(5) it is necessary that raw materials or merchandise in respect of which forward transaction have been made by A must have a direct connection with goods manufactured or merchandise sold by him. 3.2 52TM238 Speculative Transactions Araska Diamond (P.) Ltd 4.1 SC 245-I 271(1)(c) ITA SLP against order of High Court that even if there was an error of law or fact in calculating penalty by Settlement Commission discretion exercised by it requires no interference unless interference was required under article 226 of Constitution was 4.2 56TM014 Settlement Arjun Singh Mohan Singh (HUF) 5.1 BOM HC 119 ITA CBDT could not refute admitting belated refund claim filed by A on the ground that A was a habitual late filer of return of income and wanted to avoid scrutiny by late filing. 5.2 52TM152 Power of ITA Artist Tree (P.) Ltd 6.1 BOM HC 28(iv) ITA Where A received certain advance on assigning development rights of a land if transaction did not complete for some reason no income would arise when relevant MOU was not yet cancelled. 6.2 52TM166 Business income Arvind Securities (P.) Ltd