Commissioner of Income Tax-II Versus MAF Academy P. Ltd. - Income Tax - Case...
Commissioner of Income Tax-II Versus MAF Academy P. Ltd. - Income Tax - DELHI HIGH COURT - HC - Issue of share capital camouflage transactions / accommodation entries - Held that - The Assessee company...
View ArticleElpee Chemicals Pvt. Ltd. Versus DCIT 9 (1), Mumbai - Income Tax - Case Laws
Elpee Chemicals Pvt. Ltd. Versus DCIT 9 (1), Mumbai - Income Tax - ITAT MUMBAI - Tri - Validity of assessment u/s 147 Change of opinion Held that - The assessee has included labour charges receipts,...
View ArticleM/s Indian Tools Technology Centre, c/o- Forging Chemicals Inds. Versus...
M/s Indian Tools Technology Centre, c/o- Forging Chemicals Inds. Versus Commissioner of Income Tax-I - Income Tax - ITAT AMRITSAR - Tri - Object of general public utility rejection of registration...
View ArticleM/s. KMC Constructions Ltd. Versus Addl. Commissioner of Income-tax - Income...
M/s. KMC Constructions Ltd. Versus Addl. Commissioner of Income-tax - Income Tax - ITAT HYDERABAD - Tri - Estimation of profit - Income from development works Held that - The amounts were recovered by...
View ArticleMadhusudan Industries Ltd. Versus The CIT Ahmedabad-II, Ahmeadbad - Income...
Madhusudan Industries Ltd. Versus The CIT Ahmedabad-II, Ahmeadbad - Income Tax - ITAT AHMEDABAD - Tri - Validity of order u/s 263 Held that - Following CIT vs. M/s.Excel Industries Ltd. 2013 (10) TMI...
View ArticleM/s. Euro Exports Versus CC Kandla - Customs - Case Laws
M/s. Euro Exports Versus CC Kandla - Customs - CESTAT AHMEDABAD - Tri - Demand of duty - Import of Linear Alkyl Benzene - Exemption under Notification No.203/92-Cus. dated 19.05.92 - Appellant did not...
View ArticleCOMMR. OF CUS. (PREVENTIVE) , AMRITSAR Versus BHAWANA SPINNING MILLS -...
COMMR. OF CUS. (PREVENTIVE) , AMRITSAR Versus BHAWANA SPINNING MILLS - Customs - CESTAT NEW DELHI - Tri - Assessable value of flatbed knitting machine/crochet yarn machine - Enhancement in value of...
View ArticleM/s CHECKMATE INDUSTRIES SERVICES Versus COMMISSIONER OF CENTRAL EXCISE -...
M/s CHECKMATE INDUSTRIES SERVICES Versus COMMISSIONER OF CENTRAL EXCISE - Service Tax - CESTAT MUMBAI - Tri - Interest u/s 75 - Penalty u/s 76, 77 and 78 - Service tax liability - Security services -...
View ArticleC.S.T. -Delhi-I. Versus M/s Epic India Pvt. Ltd. and others - Service Tax -...
C.S.T. -Delhi-I. Versus M/s Epic India Pvt. Ltd. and others - Service Tax - CESTAT NEW DELHI - Tri - Applicable rate of service tax - Whether rate of service tax applicable at the time of rendering of...
View ArticleLEARNING FOR REVENUE FROM RECENT RULING - RECEIVER NOT TO ESTABLISH PAYMENT...
LEARNING FOR REVENUE FROM RECENT RULING - RECEIVER NOT TO ESTABLISH PAYMENT BY SUPPLIER OR SERVICE PROVIDER SO FINAL COLLECTION OF TAX IS PREFERABLE - Cenvat Credit - By - CA DEV KUMAR KOTHARI - Dated...
View ArticleAnalysis of the amendments under Punjab VAT(Second Amendment) Act, 2013 -...
Analysis of the amendments under Punjab VAT(Second Amendment) Act, 2013 - part-2 - VAT - CST - GST - By - AMIT BAJAJ ADVOCATE - Dated - 2-12-2013 - In continuation of my earlier article Analysis of...
View ArticleSale tax liability - assessee cannot be treated to be a manufacturer in...
VAT and Sales Tax - Dated - 2-12-2013 - Sale tax liability - assessee cannot be treated to be a manufacturer in respect of of the old arms purchased by him from the licensees within the meaning of...
View ArticleThe assessee may have interest income on its capital or on its non-interest...
Income Tax - Dated - 2-12-2013 - The assessee may have interest income on its capital or on its non-interest bearing funds received from somebody else but the said interest cannot be set off against...
View ArticleThe transaction to be more in the nature of a joint effort to commercially...
Income Tax - Dated - 2-12-2013 - The transaction to be more in the nature of a joint effort to commercially exploit the land, each party agreeing to share the risk and reward from the activity,...
View ArticlePart of profits for section 80HHE - Before a receipt is liable to be included...
Income Tax - Dated - 2-12-2013 - Part of profits for section 80HHE - Before a receipt is liable to be included to the extent of 90 percent , it must be a receipt of a nature similar to brokerage,...
View ArticleProvision for gratuity and leave encashment The liability would be an accrued...
Income Tax - Dated - 2-12-2013 - Provision for gratuity and leave encashment The liability would be an accrued liability and would not convert into a conditional one merely because the liability was to...
View ArticleMedia cost for import of software - Capital expenditure or revenue - Software...
Income Tax - Dated - 2-12-2013 - Media cost for import of software - Capital expenditure or revenue - Software used for duplication and licensing - expenses allowed as revenue expenditure - HC - TMI...
View ArticleIssue of share capital camouflage transactions / accommodation entries -...
Income Tax - Dated - 2-12-2013 - Issue of share capital camouflage transactions / accommodation entries - Assessee has not been able to discharge the initial onus and has not been able to establish the...
View ArticleValidity of assessment proceedings u/s 147 AO was not able to name the person...
Income Tax - Dated - 2-12-2013 - Validity of assessment proceedings u/s 147 AO was not able to name the person on whom the notice was served - The service of notice u/s 148 of the IT Act was invalid...
View ArticleDCIT, Circle-18(1) , New Delhi Versus Usha Stud Agricultural Farms (P) Ltd. -...
DCIT, Circle-18(1) , New Delhi Versus Usha Stud Agricultural Farms (P) Ltd. - Income Tax - ITAT DELHI - Tri - Validity of assessment proceedings u/s 147 Held that - A notice u/s 148 of the Act was...
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