Quantcast
Channel: Tax Updates - Daily Update
Browsing all 26324 articles
Browse latest View live
↧

Income Tax - Case Law - M/s Satkrit Service Trust, Durga Indiramani...

Cancellation of registration of Trust granted under section 12AA of the Income Tax Act, 1961 - The assessee had given donations to other charitable institutions in line with one of its objects Held...

View Article


Income Tax - Case Law - M/s. Hathway Investments Pvt. Ltd. Versus Addl. CIT...

Tax Planning versus Tax Avoidance - Finance Lease / Operating lease - Sale and Lease back transaction, whether genuine transaction or sham transaction - Appellant purchased energy meters of different...

View Article


Income Tax - Case Law - GE India Industrial Pvt. Versus Deputy Commission...

Allowance of carry forward of loss on account of provisions of section 79 of the Income Tax Act Held that - Issue of carry forward would depend upon the finality of order for earlier years as it would...

View Article

Income Tax - Case Law - Asstt. Commissioner of Income Tax Versus M/s Cardinal...

Mistake apparent from record for invocation of section 154 of Income Tax Act,1961 - Minimum Alternate Tax (MAT) - Adjustment to book profit u/s 115JB - Adjustment of loss to sick industrial company -...

View Article

Income Tax - Case Law - Kailash Narain Gupta Versus D. C. I. T., Circle - 6,...

Initiation of re-assessment proceedings u/s 147 of the Income Tax Act - reason to believe or reason to suspect - The assessee filed return of income declaring total income of Rs.11,35,776/- which was...

View Article


Income Tax - Case Law - DCIT Circle 6 (1) Versus M/s M. G. Shares Stock Pvt....

Intention of the assessee, whether an assessee has made investment in shares or it was an adventure in the nature of trade - To discern the intention of the assessee, whether it has made investment or...

View Article

Income Tax - Case Law - Income Tax Officer-II Versus M/s Pashupati Electrodes...

Application of section 50C of the Act to the transfer of leasehold rights in the industrial plot - The assessee had transferred leasehold rights in the plot of District Industrial Centre, Rampur to...

View Article

Customs - Case Law - IN RE SINGAPORE AIRLINES LTD. 2013 (8) TMI 414 -...

Foreign Travel Tax (FTT) - Delay in Depositing the amount The Carrier failed to deposit an amount of towards the FTT for the month of March, 2003 within the period as stipulated in Rule 9 of the FTT...

View Article


Service Tax - Case Law - CC CE, Guntur Versus M/s. Kandukuri Garments (P)...

Penalty on service tax default section 76 Failure to pay service tax on GTA service under reverse charge method respondent pleaded that they were not aware of the relevant service tax provisions - Held...

View Article


Service Tax - Case Law - M/s IDAA INFRASTRUCTURE PVT LTD VERSUS COMMISSIONER...

Classification of category under Business Auxiliary Services Whether the assessee was into the activity of Widening and Improvement of road or Collecting Toll charges Assessee contended that activity...

View Article

Service Tax - Case Law - M/s SIEMENS BUILDING TECHNOLOGIES PVT LTD VERSUS...

Research and Development Services the appellant was paying service tax Held that - assessee can claim CENVAT credit thereof and utilise it for payment of duty of excise on their domestic products -...

View Article

Service Tax - Case Law - PSK Engineering Constructions Co. Versus...

Residential Complex u/s 65(91a) Duty demand Interest and Penalty - Revenue was of the view that housing complex constructed would fall within the definition of Residential Complex and service tax had...

View Article

Service Tax - Case Law - Magick Woods Exports Pvt. Ltd. Versus Commissioner...

Classification of Service - Business Auxiliary Service u/s 65 (105) (zzb) or Business Support Service u/s 65 (105) (zzzq) - Duty demand Interest and Penalty Assesse was a manufacturer and exporter and...

View Article


VAT and Sales Tax - Case Law - NTPC Limited M/s Ajay Trading (Coal) Co....

Constitutional validity - Legislative competence for enhancing transit fee and changing the basis of levy from cubic feat to advalorum between 5 to 15 , on variety of forest produce including timber,...

View Article

Income Tax - Case Law - Haworth (India) P. Ltd. Versus Deputy Commissioner of...

Adjustment in regard to marketing support services segment - Non reduction of suo motu disallowance of commission expenses - Held that - commission expenditure which have been disallowed were payments...

View Article


Agriculture Income

Agriculture Income - Income Tax

View Article

Meaning of setting up factory in input servcie under cenvat credit rule, 2004

Meaning of setting up factory in input servcie under cenvat credit rule, 2004 - Service Tax

View Article


Supply to Mega Power Project

Supply to Mega Power Project - Central Excise

View Article

Liability of S.T. under RCM

Liability of S.T. under RCM - Service Tax

View Article

Public Notice - DGFT - 23 (RE-2013) / 2009-14

Export of Finished Leather, Wet Blue and EI Tanned Leather to be permitted through the notified port - DGFT

View Article
Browsing all 26324 articles
Browse latest View live