Income Tax - Case Law - Commissioner of Income Tax Udaipur Versus M s...
Depreciation on rented machine substantial transfer of ownership Held that Assessee had no right to transfer or alienate the machinery in any form was obliged to re deliver the equipment upon...
View ArticleIncome Tax - Case Law - CITY DEVELOPMENT CORPORATION VERSUS DEPUTY...
Deduction u s 80 IB 10 issuance of completion certificate by local authority Held that Completion certificate was applied for before 31 3 2008 i e on 12 3 2008 It is undisputable that the application...
View ArticleIncome Tax - Case Law - M s CHW FORGE PVT LTD VERSUS UNION OF INDIA MINISTRY...
Stay of recovery Addition in total income Increase in G P rate Held that unlike the cases under Section 35F of the Central Excise Act a strong prima facie case is not the indicator nor would be a...
View ArticleIncome Tax - Case Law - The Commissioner of Income Tax Versus Shri M...
Penalty u s 271 1 c Tribunal held that mere concealment or furnishing of inaccurate particulars by itself would not justify the levy of penalty Held that evident that 43 vouchers created by the...
View ArticleIncome Tax - Case Law - M s Galaxy Press Pvt Ltd Versus Asst Commissioner of...
Stay of recovery proceedings Petitioner not given opportunity of hearing Held that in case any application for stay of recovery proceedings of demand has been preferred before the Commissioner of...
View ArticleIncome Tax - Case Law - The Commissioner of Income Tax Versus R Mallika 2013...
Unexplained investment borrowing from son in law Proof of salary and possession of jewellery and the sale of it Held that the assessee was stated to be working as a Teacher in International Maritime...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax II Versus Kevin Process...
Penalty u s 271 1 c Tribunal and CIT A deleted penalty while confirmed the order of addition Held that CIT A and the Tribunal both have properly examined the issue and have rightly deleted the penalty...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax Central Versus Prabhu...
Computation of long term capital gain fair market value rejection of value determined by valuation officer and acceptance of FMV worked out by the assessee s Registered Valuer Held that Valuation...
View ArticleIncome Tax - Case Law - The Institue of Chartered Accountants of India and...
Exemption u s 10 23C iv Charitable Institution u s 2 15 Nature of education and the conduct of the courses by the ICAI profit motive Held that Substantial activity of the petitioner institute revolves...
View ArticleService Tax - Case Law - VASANTRAO NAIK SHETKARI SAHAYATA TRUST VERSUS...
Modification of stay order the agreement entered into for harvesting and cutting of sugarcane and transportation directly with the sugar factory and to get the work done they are engaging independent...
View ArticleService Tax - Case Law - AGRICULTURAL PRODUCE MARKET COMMITTEE VERSUS...
Business Support Service BSS appellant constructed infrastructural facilities for marketing of agricultural produce and given to the farmers for marketing their produce department contented that market...
View ArticleService Tax - Case Law - Airoli Flaregas India Pvt Ltd Versus Hindustan...
Reimbursement of service tax terms of contract dispute between service provider and service receiver Held that It was not open to the Appellant to unilaterally alter the purchase order and even...
View ArticleVAT and Sales Tax - Case Law - PRATIK MANHENDRA GANDHI Versus STATE OF...
Provisional attachment of bank account and stock of brass scrap pending assessment of the petitioner s liability to pay Value Added Tax with interest and penalties Gujarat VAT Act 2006 Held that As the...
View ArticleIncome Tax - Case Law - DCIT 15 3 Mumbai Versus Arcade Bhoomi Enterprises...
Deduction u s 80IB housing project sale of flats to family members application of restriction with retrospective effect or with prospective effect i e 1 4 2010 held that amendment has been brought with...
View ArticleNon Tariff Notification for SEZ Ahmedabad
Non Tariff Notification for SEZ Ahmedabad - Central Excise
View ArticlePAYMENT TO RESIDENT SUPPLIER IN FOREIGN EXCHANGE
PAYMENT TO RESIDENT SUPPLIER IN FOREIGN EXCHANGE - FEMA
View ArticleCircular - FEMA - 04
Exim Bank s Line of Credit of USD 10 million to the Government of Seychelles - FEMA
View ArticleCircular - FEMA - 05
Deferred Payment Protocols dated April 30 1981 and December 23 1985 between Government of India and erstwhile USSR - FEMA
View ArticleCircular - FEMA - 06
External Commercial Borrowings ECB Policy Non Banking Finance Company Asset Finance Companies NBFC AFCs - FEMA
View Article