Income Tax - Deduction u s 80IA 4 iii Towers in the Industrial Park rented...
Income Tax - Deduction u s 80IA 4 iii Towers in the Industrial Park rented out for software concern deduction allowed HC
View ArticleIncome Tax - Accrued income whether a sum which represented retention money...
Income Tax - Accrued income whether a sum which represented retention money for fulfillment of the contract by the assessee should be treated as accrued income Held No HC
View ArticleIncome Tax - Penalty u s 271B delay in filing an audit report u s 44AB The...
Income Tax - Penalty u s 271B delay in filing an audit report u s 44AB The delay of 29 days in filing of the tax audit report under section 44AB merited to be condoned no penalty HC
View ArticleIncome Tax - Bad debts it is difficult to accept that on the mere score of...
Income Tax - Bad debts it is difficult to accept that on the mere score of reference to the BIFR the recovery of interest or accruing of interest on the debtor company had become too difficult and bad...
View ArticleService Tax - Constitutional validity of levy of service tax on sale of food...
Service Tax - Constitutional validity of levy of service tax on sale of food and drinks restaurants Legislative competency of Parliament only state govt are empowered to levy tax levy of service tax is...
View ArticleCustoms - Valuation of imported goods Transaction Price Grant of territorial...
Customs - Valuation of imported goods Transaction Price Grant of territorial commission discount cannot be arbitrary or discriminatory It does not affect the normal trade discount given to buyers in...
View ArticleService Tax - Refund of claim Claim filed beyond period of 1 year Export...
Service Tax - Refund of claim Claim filed beyond period of 1 year Export Notification No 17 2009 all conditions are mandatory refund claim filed beyond one year rejected Tri
View ArticleCentral Excise - Denial of credit Goods received on stock transfer basis...
Central Excise - Denial of credit Goods received on stock transfer basis Revenue denied credit on the basis that it was stock transfer and not sale credit allowed Tri
View ArticleCentral Excise - Any information sought not having the backing of the law and...
Central Excise - Any information sought not having the backing of the law and if not given cannot be the ground for seeking vacation of the stay Tri
View ArticleCentral Excise - Levy of AED T TA in addition of Compounded levy of duty on...
Central Excise - Levy of AED T TA in addition of Compounded levy of duty on fabrics an assessee need not discharge any further duty under AED T TA Tri
View ArticleCentral Excise - Application for restoration of appeal filed after almost 16...
Central Excise - Application for restoration of appeal filed after almost 16 years Application for restoration is to be made within three months from the dismissal of the appeal Tri
View ArticleCentral Excise - Refund claim of education cess and S H education exempted...
Central Excise - Refund claim of education cess and S H education exempted goods refund claim of education cess and S H education was not entertainable Tri
View ArticleCentral Excise - Alteration in MRP There cannot be different Retail Price for...
Central Excise - Alteration in MRP There cannot be different Retail Price for the purpose of CVD and for the purpose of Excise duty in respect of the same goods prima facie case is against the assessee...
View ArticleIncome Tax - Export promotion expenses foreign visits for the purpose of...
Income Tax - Export promotion expenses foreign visits for the purpose of meeting with the buyers have no direct nexus with the manufacturing activity of the assessee expenses disallowed Tri
View ArticleIncome Tax - Rectification u s 154 issue of grant of interest on interest is...
Income Tax - Rectification u s 154 issue of grant of interest on interest is a highly debatable and rather allowable claim in favour of the assessee debatable issue cannot be rectified u s 154 Tri
View ArticleIncome Tax - Addition on account of forfeiture of shares application money...
Income Tax - Addition on account of forfeiture of shares application money since the amount is capital in nature the same cannot be brought to tax Tri
View ArticleIncome Tax - Donations for scientific research or rural development loss...
Income Tax - Donations for scientific research or rural development loss under the head income from business or profession in view of the specific bar created u s 80GGA assessee is not entitled to...
View ArticleIncome Tax - Once the transaction is genuine merely because it has been...
Income Tax - Once the transaction is genuine merely because it has been entered into with a motive to avoid tax it would not become a colourable devise and consequently earn any disqualification HC
View ArticleIncome Tax - Installation of traffic signal A O held deduction can only...
Income Tax - Installation of traffic signal A O held deduction can only claimed u s 80G in order to discharge their CSR which also facilitates their business if the employees were to reach the place...
View ArticleIncome Tax - Deduction u s 80G Exemption also granted u s 10A Double...
Income Tax - Deduction u s 80G Exemption also granted u s 10A Double deduction the debiting of donation in the first instance and adding it back subsequently makes no difference assessee is entitled to...
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