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	<title>Lawmatters.in &#187; Taxation</title>
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	<description>Things that matter in law and more</description>
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		<title>IT Auction Sales Sacrosant</title>
		<link>http://lawmatters.in/content/it-auction-sales-sacrosant-472</link>
		<comments>http://lawmatters.in/content/it-auction-sales-sacrosant-472#comments</comments>
		<pubDate>Thu, 12 Jun 2008 08:25:26 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Cases]]></category>
		<category><![CDATA[Civil Law]]></category>
		<category><![CDATA[Contracts]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Supreme Court of India]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[In an appeal filed by Janatha Textiles, a partnership firm of Radhey Shyam Modi, Pawan Kumar Modi, Padmadevi Modi and Indira Chirmar, a firm that had been in tax arrears, the Supreme Court not only said that the IT department &#8230; <a href="http://lawmatters.in/content/it-auction-sales-sacrosant-472">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>DTAA with Luxembourg Announced</title>
		<link>http://lawmatters.in/content/dtaa-with-luxembourg-announced-451</link>
		<comments>http://lawmatters.in/content/dtaa-with-luxembourg-announced-451#comments</comments>
		<pubDate>Mon, 02 Jun 2008 02:11:09 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Cases]]></category>
		<category><![CDATA[Corporate Law]]></category>
		<category><![CDATA[Supreme Court of India]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[The Ministry of Finance has announced that the Government of India has signed a Double Taxation Avoidance Agreement (DTAA) with the Government of the Grand Duchy of Luxembourg. It has said that: â€˜The DTAA covers income-tax and wealth tax including &#8230; <a href="http://lawmatters.in/content/dtaa-with-luxembourg-announced-451">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>Customs Exemption for Private Hospitals</title>
		<link>http://lawmatters.in/content/customs-exemption-for-private-hospitals-428</link>
		<comments>http://lawmatters.in/content/customs-exemption-for-private-hospitals-428#comments</comments>
		<pubDate>Tue, 27 May 2008 09:55:14 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Cases]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Supreme Court of India]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[Private hospitals are entitled to exemption from customs duty on imported equipment only if they provide free treatment to the poor held a Bench of the Supreme Court comprising Justices Harjit Singh Bedi and Tarun Chatterjee on May 16, 2008 &#8230; <a href="http://lawmatters.in/content/customs-exemption-for-private-hospitals-428">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>Fringe Benefit Tax</title>
		<link>http://lawmatters.in/content/fringe-benefit-tax-417</link>
		<comments>http://lawmatters.in/content/fringe-benefit-tax-417#comments</comments>
		<pubDate>Mon, 26 May 2008 02:38:20 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Cases]]></category>
		<category><![CDATA[Interpretation]]></category>
		<category><![CDATA[Legal Provisions]]></category>
		<category><![CDATA[Supreme Court of India]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[Fringe Benefit Tax was introduced by the Finance Act, 2005 and came into effect on April 1, 2006. As its name suggests, it is levied on fringe benefits which some employees receive. In the case of R &#38; B Falcon &#8230; <a href="http://lawmatters.in/content/fringe-benefit-tax-417">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>Vaseline is a Drug</title>
		<link>http://lawmatters.in/content/vaseline-is-a-drug-294</link>
		<comments>http://lawmatters.in/content/vaseline-is-a-drug-294#comments</comments>
		<pubDate>Sat, 17 May 2008 04:39:58 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Alcohol and Drugs]]></category>
		<category><![CDATA[Cases]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Supreme Court of India]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[In a case involving tax, bench of the Supreme Court headed by Justice S B Sinha has held that vaseline is a drug. The Income Tax Appellate Tribunal had held that petroleum jelly should be taxed as belonging to the &#8230; <a href="http://lawmatters.in/content/vaseline-is-a-drug-294">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>Cases on Section  40A(2)(a) of the Income Tax Act and Sugarcane Prices</title>
		<link>http://lawmatters.in/content/cases-on-section-40a2a-of-the-income-tax-act-and-sugarcane-prices</link>
		<comments>http://lawmatters.in/content/cases-on-section-40a2a-of-the-income-tax-act-and-sugarcane-prices#comments</comments>
		<pubDate>Sun, 02 Mar 2008 07:10:15 +0000</pubDate>
		<dc:creator>Law Matters</dc:creator>
				<category><![CDATA[Cases]]></category>
		<category><![CDATA[Taxation]]></category>

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		<description><![CDATA[Section 4 of the Income Tax Act is the charging Section and it has imposed a tax on the income earned by a person in the previous year. â€˜Personâ€™ as per Section 2(31)(v) has been defined as â€˜an association of &#8230; <a href="http://lawmatters.in/content/cases-on-section-40a2a-of-the-income-tax-act-and-sugarcane-prices">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<title>Cases which Deal with Reliance on the Reports of Valuation Officers</title>
		<link>http://lawmatters.in/content/cases-which-deal-with-reliance-on-the-reports-of-valuation-officers</link>
		<comments>http://lawmatters.in/content/cases-which-deal-with-reliance-on-the-reports-of-valuation-officers#comments</comments>
		<pubDate>Sat, 02 Feb 2008 07:08:21 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://lawmatters.in/?p=469</guid>
		<description><![CDATA[Whether the assessing officer can rely on the report of the DVO even when there is no obvious reason to reject the books of account â€¢ Unit Construction Co. Ltd. Vs. Joint Commissioner of Income-tax (Cal HC) [2003] 260 ITR &#8230; <a href="http://lawmatters.in/content/cases-which-deal-with-reliance-on-the-reports-of-valuation-officers">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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