Customs - Case Law - M/s. M. S. Enterprises and others Versus The...
Import of Betel nuts - rejection of declared values and for enhancement of the values Confiscation of goods Redemption fine Penalty Held that - The matter had to be considered afresh after supplying...
View ArticleCustoms - Case Law - M/s AARTI IMPEX VERSUS COMMISSIONER OF CENTRAL EXCISE,...
Undervaluation of imported goods - import at very low price - Import of footwear, Socks, Watch Battery, Baby Optical Frame etc, - Confiscation u/s 111(d) and 111(m) redemption fine u/s 125 penalty u/s...
View ArticleCustoms - Case Law - TVS MOTOR COMPANY LTD VERSUS COMMISSIONER OF CUSTOMS...
Assesses obtained DEPB scrip fraudulently on the basis of forged/fake export documents Duty demand penalty u/s 112(a) Held that - if the DEPB scrip had been validly issued by the DGFT, but being...
View ArticleService Tax - Case Law - AMDOCS BUSINESS SERVICES PVT. LTD. Versus...
Refund Claim on Input Service - The appellants were engaged in providing Commercial Training Coaching, Business Auxiliary Services and Transport of Goods by Road - They filed a refund claim of service...
View ArticleService Tax - Case Law - CENTRAL RAILWAY Versus COMMISSIONER OF CENTRAL...
Management, Maintenance and Repair Services u/s 65(105)(zzg) - The assesse undertook maintenance and repairs of Railway sidings - The Revenue was of the view that the activities undertaken by the...
View ArticleService Tax - Case Law - M/s AMRITA MOULDINGS PVT LTD VERSUS COMMISSIONER OF...
Demand of service tax on GTA service - both consignor as well as consignee are body corporate - Held that - Consignor who would be liable to pay service tax and the same cannot be demanded from the...
View ArticleService Tax - Case Law - M/s. Stewarts and Lloyds of India Ltd. Versus Commr....
Pre-deposit demand on the ground of non-production of invoices/documents - assessee claims that now in possession of all the necessary documents/invoices for the relevant period by which they could...
View ArticleService Tax - Case Law - PRICOL LTD VERSUS COMMISSIONER OF CENTRAL EXCISE...
Time Barred Appeal - Condonation of Delay - The Commissioner (Appeals) rejected the appeal on the ground that appeal was filed before him beyond the condonable period of 3 months - Held that -...
View ArticleVAT and Sales Tax - Case Law - Technical Stampings Automotive Ltd., (Formerly...
Deferral of Sales Tax - Revenue denied deferral of sales tax at turnover relating to sale of steel scrap made by the assesse from their unit Held that - When once the eligibility certificate is given,...
View ArticleNotification - Customs - - 93/2013
Amendment Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001 - Customs -
View ArticleNotification - Customs - - 02/2013
Seeks to impose final safeguard duty 20 on imports of Hot rolled flat products of stainless Steel 304 grade( up to a max width of 1605 mm) into India from China from 4th January, 2013 to 22nd July,...
View ArticleIncome Tax - Aircraft used in own business is used for commercial purposes -...
Aircraft used in own business is used for lsquo commercial purposes rsquo - not a taxable asset- A case of un-necessary litigation by revenue Relevant links and references Wealth Tax Act ndash section...
View ArticleCorporate Governance - NATIONAL FINANCIAL REPORTING AUTHORITY (NFRA) Part 1...
Legislative History Statutory provisions in Companies Act, 2013 Corresponding provisions in - Author - Dr. Sanjiv Agarwal - Corporate Governance.................
View ArticleChange in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others Palm Oil,...
Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others Palm Oil, Crude Palmolein, Rbd Palmolein, Others Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Gold and Silver...
View ArticleIncome Tax - Whether assessee was liable to deduction u/s 36(1)(iii), on...
Income Tax - Whether assessee was liable to deduction u/s 36(1)(iii), on account of interest accrued in respect of capital converted into loan - Held No - Payment of a liability is distinct from...
View ArticleIncome Tax - Notice of demand u/s 156 - Period of statutory period for...
Income Tax - Notice of demand u/s 156 - Period of statutory period for deposit of demand reduced from 30 days to 7 days - it cannot be said that non-meeting of the budgetary deficit could be a reason...
View ArticleIncome Tax - Penalty u/s 271(1)(c) - voluntary surrender of income - There is...
Income Tax - Penalty u/s 271(1)(c) - voluntary surrender of income - There is no reference to any investigation or adverse material - The assessee s offer is to be held as voluntary surrender, accepted...
View ArticleIncome Tax - Income on account of slot chartering - u/s 44B - AO has erred in...
Income Tax - Income on account of slot chartering - u/s 44B - AO has erred in not considering the receipts of the four ships only because details were not provided for, that itself can not be a ground...
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