Service Tax - Classification of Service - Demand for short paid duty Interest...
Service Tax - Classification of Service - Demand for short paid duty Interest and Penalty Services to SEZ - Whether the services were in the nature of Manpower Supply u/s 65(68) or in the nature of...
View ArticleService Tax - In terms of Section 65A (2)(a) the activities of the assesse...
Service Tax - In terms of Section 65A (2)(a) the activities of the assesse generically considered should be attributed to the more specific description of taxable services enumerated in the in...
View ArticleService Tax - CENVAT credit - reversal of credit related to trading activity...
Service Tax - CENVAT credit - reversal of credit related to trading activity - exempted service or not - no serious infirmity in the process adopted by the adjudicating authority for arriving at the...
View ArticleCentral Excise - Cenvat credit on sugar cess - sugar cess levied and...
Central Excise - Cenvat credit on sugar cess - sugar cess levied and collected cannot be equated with duty of central excise and therefore, cannot be treated to be part and parcel of the amount on...
View ArticleCentral Excise - Valuation (Central Excise) - Sale to related parties - the...
Central Excise - Valuation (Central Excise) - Sale to related parties - the price to the related person cannot be called a non-commercial price since the same was higher than the price to unrelated...
View ArticleCentral Excise - Compounded levy - Determination of date of payment - cheque...
Central Excise - Compounded levy - Determination of date of payment - cheque presented by the appellant to the bank on or before last date of the month is treatable as the date of discharging duty for...
View ArticleCompanies Law - Oppression and Mismanagement - Principles of quasi...
Companies Law - Oppression and Mismanagement - Principles of quasi partnership - The private agreements can neither be sought to be enforced nor their breach give any cause of action to file a petition...
View ArticleVAT and Sales Tax - Constitutional validity - Legislative competence for...
VAT and Sales Tax - 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...
View ArticleIncome Tax - Deduction u/s 80IB - Audit report not furnished - interpretation...
Income Tax - Deduction u/s 80IB - Audit report not furnished - interpretation merely permits the assessee to produce the said report even after the date of the filing of the return as passed it does...
View ArticleIncome Tax - Disallowance u/s 14A - Rule 8D is toward estimating the...
Income Tax - Disallowance u/s 14A - Rule 8D is toward estimating the expenditure that can be attributed to the tax exempt income and, thus, could not, in any case, exceed the actual expenditure...
View ArticleIncome Tax - Book profit for the purpose of MAT (Minimum alternate Tax) - The...
Income Tax - Book profit for the purpose of MAT (Minimum alternate Tax) - The lower of the solitary figures of the unabsorbed depreciation or loss brought forward for all the earlier years taken...
View ArticleIncome Tax - Penalty u/s 271D - violation of section 269SS - Reasonable Cause...
Income Tax - Penalty u/s 271D - violation of section 269SS - Reasonable Cause u/s 273B - The claim of the assessee is that receipt of money by way of cash itself is a reasonable cause - mere receipt of...
View ArticleIncome Tax - Disallowance u/s 36(1) (viia) - creation of reserve for bad...
Income Tax - Disallowance u/s 36(1) (viia) - creation of reserve for bad debts - in the absence of any extra provision for bad and doubtful debts, having been created by the assessee as per the audited...
View ArticleIncome Tax - Merely because the Settler of the trust has claimed deduction...
Income Tax - Merely because the Settler of the trust has claimed deduction under section 80G of the Act on the donations made to the assessee Trust, does not merit the cancellation of registration...
View ArticleIncome Tax - Tax Planning versus Tax Avoidance - Finance Lease / Operating...
Income Tax - Tax Planning versus Tax Avoidance - Finance Lease / Operating lease - No straight jacket formula can be adopted to say that every case of sale and lease back transactions is sham or...
View ArticleIncome Tax - Minimum Alternate Tax (MAT) - Adjustment to book profit u/s...
Income Tax - Minimum Alternate Tax (MAT) - Adjustment to book profit u/s 115JB - Adjustment of loss to sick industrial company - A.O. on long drawn process of reasoning should not have passed the order...
View ArticleIncome Tax - Reassessment proceedings u/s 147 - Section 40A(3) applies in the...
Income Tax - Reassessment proceedings u/s 147 - Section 40A(3) applies in the case of expenditure claimed by the assessee, but in this case, the assessee did not claim any expenditure in the profit and...
View ArticleIncome Tax - Application of section 50C of the Act to the transfer of...
Income Tax - Application of section 50C of the Act to the transfer of leasehold rights in the industrial plot - Addition made by the AO on the basis of circle rate gathered from Sub-Registrar office of...
View ArticleFEMA - Relevant fact U/s 10 of Evidence Act - In a case a conspiracy if there...
FEMA - Relevant fact U/s 10 of Evidence Act - In a case a conspiracy if there was reasonable ground to believe that two or more persons have conspired together to commit an offence then by virtue of...
View ArticleCustoms - VEscapement of duty Hardware and software to be assessed...
Customs - VEscapement of duty Hardware and software to be assessed independently on merits whether they imported together or separately - Commissioner had gone beyond the scope of show-cause notice by...
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