Income Tax - Sale of land after converting it into plots - since sale of plot...
Income Tax - Sale of land after converting it into plots - since sale of plot was a solitary transaction and was completed within a short period, therefore, surplus resulting from such transaction was...
View ArticleCustoms - Duty Demand u/s 28 raised after 14 years the show cause notice...
Customs - Duty Demand u/s 28 raised after 14 years the show cause notice demanding duty was hopelessly time-barred and consequently the confirmation of duty demand along with interest thereon under the...
View ArticleCustoms - Whether reversal of credit would amount to non availment of credit...
Customs - Whether reversal of credit would amount to non availment of credit - it is difficult to accept the contention that reversal of credit amounts to non-availment of credit, especially when the...
View ArticleCustoms - Amendment of bill of entry refund of excess duty - There was a...
Customs - Amendment of bill of entry refund of excess duty - There was a genuine error committed by the assessee in not filing the freight bill at the time of filing of the Bill of Entry - here was...
View ArticleService Tax - Small service provider - exemption upto 10 lakhs - Renting out...
Service Tax - Small service provider - exemption upto 10 lakhs - Renting out of immovable joint property Exemption to each owner or jointly - prima facie each owner is eligible for exemption -...
View ArticleService Tax - Valuation of taxable services - inclusion of reimbursement of...
Service Tax - Valuation of taxable services - inclusion of reimbursement of expenses in the gross value - Reimbursements whether taxable or not prima facie case is in favor of assessee -...
View ArticleService Tax - Data already collected by the bank in their various branches...
Service Tax - Data already collected by the bank in their various branches are electronically processed by the appellant - Computerized data processing is specifically excluded from the scope of BAS no...
View ArticleCentral Excise - SSI Exemption under Notification No.8/2003 - Brand Name -...
Central Excise - SSI Exemption under Notification No.8/2003 - Brand Name - There can be more than one owner of the brand name - prima facie case is in favor of assessee - stay granted. -...
View ArticleCentral Excise - Valuation - inclusion of Freight charges - There is no...
Central Excise - Valuation - inclusion of Freight charges - There is no reason to deny the expenses incurred for return journey of those vehicles which are specially designed and which cannot carry any...
View ArticleCentral Excise - Area based exemption - NTF no.49/2003 and 50/2003 - delay in...
Central Excise - Area based exemption - NTF no.49/2003 and 50/2003 - delay in filing of declaration - such procedural lapse would not result in denial of the benefit of notifications no.49/2003 and...
View ArticleCentral Excise - Duty on insurance claim - The appellants have already paid...
Central Excise - Duty on insurance claim - The appellants have already paid duty on the clearance of damaged goods at the value on which they were sold - as such there is no justification for addition...
View ArticleIncome Tax - Case Law - M/s RAJA CO VERSUS DEPUTY COMMISSIONER OF INCOME TAX...
Limitation of 198 days in filing the appeal before ITAT - condonation of delay Held that - The delay has occurred on account of sufficient reasons because retification application has been filed in the...
View ArticleIncome Tax - Case Law - ASSTT DIRECTOR OF INCOME TAX VERSUS INDIAN YOUTH...
Exemption u/s 11 - violation of section 11(1) and 11(1)(b) - Commercial activity or charitable activity - Advertisement of facility provided i.e utilization the hostel facilities and auditorium and...
View ArticleIncome Tax - Case Law - Arvind Footwear Pvt. Ltd. Versus Deputy Commissioner...
Deduction u/s 80IB - Duty drawback refund - Nexus with profit - Whether deduction under section 80 IB was available with respect to refund of excise duty - Held that - The assessee is virtually a one...
View ArticleIncome Tax - Case Law - The Assistant Commissioner of Income-tax Versus Shri...
Undisclosed income - Block assessment - Search and seizure - other party - Section 158BD - Held that - evidences/materials which are relevant are the copies of two agreements found during the course of...
View ArticleIncome Tax - Case Law - Mamta Machinery Pvt. Ltd. Versus Dy. C. I. T. 2013...
Disallowance u/s 40(a)(ia) - Reimbursement Expenses Service Charges - Held that - It is evident that nature of payment is reimbursement as can be verified from the bills issued by M/s. Robinson Air...
View ArticleIncome Tax - Case Law - M/s. Super Spinning Mills Ltd. Versus The Assistant...
Capital of Revenue expenditure - Disallwance of expenditure - Replacement of machinery - Whether the replacement of machinery parts will amount to revenue expenditure or not - Held that - in...
View ArticleIncome Tax - Case Law - Smt. Renu Aggarwal Versus The Income-tax Officer 3...
Undisclosed income u/s 68 - Genuineness of Gift - Held that - It was found that though the bank pass book is not a book maintained by the assessee for the purpose of Section 68, it made no difference...
View ArticleCentral Excise - Case Law - BIRD AUDIO ELECTRONICS Versus COMMISSIONER OF...
CENVAT Credit - Revenue was of the view that in some cases supplying just invoices without any goods to some of its customers to enable them to take fraudulent Cenvat credit - Held that - The case was...
View ArticleCentral Excise - Case Law - BHOOMI SUDHAR CHEMICAL INDUS. Versus COMMR. OF C....
CENVAT Credit - Separate Accounts - Duty on Exempted Goods - Assesses were availing the Cenvat credit of Service Tax paid on the input services such as GTA services and Customs House Agents Service -...
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