Some of the guidelines : For all sections: Self – designed regulations for Improvement, Regulatory in nature for proper Implementation. Socially and commercially responsible Applications for all organizations, management, manufacturing, marketing products of all industries, services, Administration for low cost, Development with high productivity, Applicable for longer period
Read MoreBorrowing: Do not borrow for spending, borrowings should earn income. Cash: confidence, Ability -knowledge, cash, implementation etc. softness – politeness, honesty – sincerity
Read MoreSmoking is injurious to health, Spending is injurious to wealth. Strong wealth is one of the Reason for good health. Realise the income fully, Spend selectively, Save compulsorily, Invest cautiously
Read More‘Konda’ means “key Operating Net Developmental Applications” Investment is rewarding, Spending is non existing. Today’s food is tomorrow’s health, Today’s saving is tomorrow’s Wealth.
Read MoreDescription: CCTs Ref.No.D2/172/2010 Dt.07-06-2011. CIRCULAR The field officers to accept the faxed copies and print from scanned image of the […]
Read MoreDescription: In the light of the above discussion, the sales by the SEZ units to the DTA cannot be treated as deemed exports, since such an interpretation is not purported in the scheme of SEZ’s or the related enactments. Therefore, the sale of goods to the Domestic Tariff Area by the SEZ units attracts levy […]
Read MoreDescription: The Hon’ble Supreme High Court in between Andhra Pradesh Products Vs State of Andhra Pradesh reported in (2007) 8 VST 373 while dealing with masala Powder observed and held as follows : On appeal to the Supreme Court. Held, affirming the decision of the High Court that the ingredients which were […]
Read MoreDescription: Tribunal Appeal No. 393/2010. Appellants : M/s Rich Graviss Product (p) Limited, Bhosari, Pune. Vs. Respondent : The state of Andhra Pradesh. One Supreme Court judgment was referred and applying the anology, held that though the ingredients of “whip topping: are exigible to tax at 4% by mixing these ingredients […]
Read MoreDescription: Tribunal Appeal No. 688/20. Tuesday, the 1st Day of February, 2011. Appellants M/s. AdaniWilmar Limited, Tungabhadra (p), Mantralayam (m) Kurnool dist. Vs. Respondent. The state of Andhra Pradesh The appellant contends that some figures which are not in the show cause notice appears in the order and so the order is not sustainable. Some […]
Read MoreDescription: Accordingly, S.54EC deduction has to be given before set-off of losses. The Tata Power Co. Ltd. vs. ACIT (Mumbai) (ITAT) Source: 1. www.aiftponline.org 2. AIFTP TIMES Volume.No.2 August, 2011, Page No.8. 3. www.itatonline.org. Our Comment: Deduction U/s 54EC has to allowed to set off before profit forward losses
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