Income Tax - Case Law - Micro Inks Ltd. Versus Assistant Commissioner of...
Arm Length Price adjustment Revenue has made upward adjustment on the basis of Arm s Length Price Held that - Adjustment must be deleted for the short reason that it was part of the arrangement that...
View ArticleService Tax - Case Law - M/s MONSANTO MANUFACTURER PVT LTD VERSUS...
Clearing and Forwarding Agency Service Limitation of Time-Barred - Duty Demand Interest and Penalty u/s 75A, 76 and 77 - Assesse received an amount for carrying out services of cold storage/clearing...
View ArticleService Tax - Case Law - M/s PRAKASH PULVERSING MILLS VERSUS COMMISSIONER OF...
Business Auxiliary Services Job Work - appellant has received raw herbs from the clients/customers for grinding of the same - issue involved in the present appeal is whether the appellant is liable to...
View ArticleService Tax - Case Law - M/s CHOLAMANDALAM OTH. VERSUS COMMISSIONER OF...
Adjustment of service tax liability under Rule 6(3) - refund of amount received towards taxable services - Interest and Penalty Refund made directly to the insured and Refund paid through...
View ArticleService Tax - Case Law - SHRI NEERAJ PRASAD VERSUS COMMISSIONER OF CENTRAL...
Revenue Sharing agreement - franchise agreement - Business Auxiliary Services Section 65(105)(zzb) stay - appellant provided services of commercial training and coaching service whether the activity...
View ArticleService Tax - Case Law - MADHYA PRADESH CONSULTANCY ORGANIZATION LTD VERSUS...
Consultancy services research and development project Service tax demanded - Held that - In the interest of justice earlier order was set aside and remand the matter for fresh consideration after...
View ArticleService Tax - Case Law - M/s. Radaan Media Works Pvt. Ltd. Versus CCE (ST),...
Broadcasting Service CENVAT credit input services - service tax paid towards telecast fee - Assesse was engaged in producing programmes/tele-serials and obtained service tax registration under TV or...
View ArticleService Tax - Case Law - M/s. Golden VentureS Versus CST, Chennai 2013 (8)...
Construction of Complex Service u/s 65 (105) (zzzh) and Taxable Service u/s 65 (91a) Duty Demand Interest and Penalty - Assesse was engaged in promotion and construction of residential complexes for...
View ArticleVAT and Sales Tax - Case Law - U. V. MARTIN, PROPRIETOR, UKKENS TIMBERS...
Carry forward of excess tax - Petitioner paid amount in excess of tax liability - Authority denied carrying forward of tax - Held that - petitioner has effected much payment well in advance, resulting...
View ArticleIncome Tax - Case Law - ACIT, Circle-22(1)New Delhi, Versus M/s Exotique...
Disallowance u/s 14A - Deduction of interest u/s 36(1)(iii) - Interest expenditure paid to bankers - Held that - First Appellate Authority has deleted the disallowance on the ground that assessee has...
View ArticleNotification - FEMA - - 254/2013
Foreign Exchange Management (Transfer of Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2013 - FEMA -
View ArticleService Tax - No Need to file Service Tax return (ST-3) when no service is...
Dear Professional Colleague, No Need to file Service Tax return (ST-3) when no service is rendered during the relevant period and even not required to opt for VCES We are sharing with you an important...
View ArticleVAT and Sales Tax - Carry forward of excess tax - Petitioner paid amount in...
VAT and Sales Tax - Carry forward of excess tax - Petitioner paid amount in excess of tax liability - Authority denied carrying forward of tax - There appears no rationale on the part of the...
View ArticleIncome Tax - The stand of the AO is that assessee should have used its own...
Income Tax - The stand of the AO is that assessee should have used its own fund instead of interest bearing borrowings for running the business. - AO cannot force the assessee to earn interest income...
View ArticleIncome Tax - Addition u/s 69C - Low withdrawals for household expenses - AO...
Income Tax - Addition u/s 69C - Low withdrawals for household expenses - AO did not point out any specific circumstances by which he assumed that assessee had made low withdrawals as against the...
View ArticleIncome Tax - Addition u/s 68 - Corpus donation - To strengthen the claim of...
Income Tax - Addition u/s 68 - Corpus donation - To strengthen the claim of the assessee regarding the genuineness of the corpus donation further documents like bank statement of the donor and ITR of...
View ArticleIncome Tax - Penalty u/s 271(1)(c) - Computation of book profit not done u/s...
Income Tax - Penalty u/s 271(1)(c) - Computation of book profit not done u/s 115JB - There was definitely a failure on the part of the assessee to furnish particulars necessary for its assessment....
View ArticleIncome Tax - Expenditure u/s 37(1) - lottery business - commission - there...
Income Tax - Expenditure u/s 37(1) - lottery business - commission - there was nothing illegal about carrying on the lottery business or mobilizing opinion for continuation of sale of lottery tickets...
View ArticleIncome Tax - Difference between amount shown in agreement to sale and sale...
Income Tax - Difference between amount shown in agreement to sale and sale deed - Addition u/s 69 - Even if it is assumed to be so, unless it is proved that the agreement was acted upon and unless the...
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