Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

For Sales / Support:
WhatsApp

9911796707

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Funds received by assessee overlooked during... TaxTMI Cash deposits explained through VAT returns, cash... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Appointment of adjudicator for corporate penalties... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Excessive transport expenses deduction and TDS... TaxTMI Importer imports "Ground Colemanite (B2O3 40%)... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For January of 2019

Home Highlights January January 2019 Year 2019

Filter:

Showing 451 to 500 of 605 Records

1 ....6 7 8 91011 12 13

January 8, 2019 Case Laws Income Tax

If the error is so apparent that without further investigation or enquiry, only one conclusion can be drawn in favour of the applicant, in such circumstances, the review....
January 8, 2019 Case Laws Income Tax

The income tax department cannot presume something to have happened five years ago just because in the assessment year 1997-98 the assessee failed to explain its source.....
January 8, 2019 Case Laws Income Tax

Transfer of case u/s 127 - An assessee is entitled to know the reasons why the assessment jurisdiction is transferred u/s 127. The impugned order is non-speaking. A......
January 8, 2019 Case Laws Income Tax

Reopening of assessment - notice issued to the assessee long after he had passed away - legal heirs - the provisions of section 292B of the Act would not be attracted......
January 8, 2019 Case Laws Income Tax

TPA - ALP determination - nature of services received by the Assessee - Mere furnishing of details of consignment without evidence of participation of holding company in....
January 8, 2019 Case Laws Income Tax

Addition of income from House Property - estimation of ALV - Interest free security deposit received by the assessee was advanced to sister concerns without any interest....
January 8, 2019 Case Laws Income Tax

Addition on account of interest income u/s 56 - The CIT(A) has rightly held that interest income to be of capital nature linked with the process of setting up of its......
January 8, 2019 Case Laws Income Tax

TDS u/s 194H - payment of commission of the retailers/dealers of SIM cards - It is only for the sake of completeness of the entries in the books, the commission is......
January 8, 2019 Case Laws Income Tax

Exemption u/s 54F - he meaning of “net consideration” as regards Section 54F(1) is not governed by the meaning of “full value of consideration” as mentioned in Section 50C.
January 8, 2019 Case Laws Income Tax

Delay in filing the TDS returns - Penalty u/s. 271F - delay in remitting the TDS amounts to the Government account and consequential delay in filing the returns -......
January 8, 2019 Case Laws Companies Law

Authority of statutory auditor to function in the company whose relative or partner is holding any security or interest of the company - The auditor directed to......
January 8, 2019 Case Laws Customs

Jurisdiction - authority of Director General of Foreign Trade (DGFT) to exercise powers u/s 3 of the Act - converting certain items from “free” to “restricted” -......
January 8, 2019 Case Laws Customs

Import of restricted item or not - used machine tools and unmachined tools - Nothing has been brought on record to prove that “hand tools” are not equipment and are not.....
January 8, 2019 Case Laws Insolvency and Bankruptcy

Consideration of resolution plan - The decision as to whether the respondent banks require to support a resolution plan proposed by the petitioner is a matter of their......
January 8, 2019 Case Laws Service Tax

Validity of Notification dated 13.4.2017 - liability of importer to make payment of service tax in respect of ocean freight - HC stayed the further proceedings pursuant to the SCN
January 8, 2019 Case Laws Service Tax

Simultaneous Penalty u/s 76 and 78 of FA - The entire tax along with interest and penalty at 25% of tax demand is paid immediately upon issue of SCN and before......
January 8, 2019 Case Laws Service Tax

Once such personnel have to function under the overall supervision, control and management of the client, the appellant is only providing services of Manpower Supply -......
January 8, 2019 Case Laws Service Tax

Classification of services - work contract for transportation of coal from mining area - the activity of loading/ unloading mechanically or otherwise is in our view, is.....
January 8, 2019 Case Laws Service Tax

Valuation - inclusion of discount allowed by the IGL to DTC - discount was in fact in lieu of renting of immovable property to M/s IGL by the DTC - liability of service tax confirmed.
January 8, 2019 Case Laws Central Excise

Demand on job work activity undertaken by the Appellant - the benefit of exemption notification cannot be denied to an assessee on the ground of non-following the procedure
January 8, 2019 Case Laws Central Excise

Reversal of CENVAT Credit - the Adjudicating Authority has failed to interpret Rule 6(3) CCR properly while confirming the impugned demand. - the demand at 10% /8% as......
January 8, 2019 Case Laws Central Excise

Classification of goods - Hand-free Flushing Systems for Urinals & WC - ROM application on classification allowed. - The products are classifiable under Chapter Heading No.8481
January 8, 2019 Case Laws VAT and Sales Tax

Once the penalty notice has been found to be wanting in ingredients of offence, that is absence of charge of intention to evade tax, there did not exist any room to......
January 7, 2019 Case Laws Income Tax

Exemption u/s 11 - charitable activity - Assessee failed to intimate the changes made in object clause to CIT(Exemptions) - The additional objects were also in the......
January 7, 2019 Case Laws Income Tax

TDS u/s 192 - The obligation of the Assessee u/s. 192 is only to make bonafide estimate of income of his employee under the head salaries. Such obligation cannot be......
January 7, 2019 Case Laws Income Tax

Deduction u/s.80IC - CIT(A) has correctly applied the test of new machinery vis-à-vis old machinery in the year of the formation of the new undertaking i.e. the year one....
January 7, 2019 Case Laws Income Tax

Charitable activity - exemption u/s. 11 & 12 - the expression 'charitable purpose', as defined in section 2(15) cannot be construed literally and in absolute terms. It......
January 7, 2019 Case Laws Income Tax

Re-assessment is carried out for the benefit of the Revenue and not the assessee. In such re-assessment proceedings, the assessee cannot raise fresh independent claims......
January 7, 2019 Case Laws Income Tax

Validity of the assessment u/s 143(3) - period of limitation - The department did not explain the reasons for service of the said notice and the assessment order with 9.....
January 7, 2019 Case Laws Income Tax

Penalty u/s 271D - receipt of loan / deposit in violating of section 269SS - Assessing officer had not recorded any satisfaction regarding the penalty proceedings u/s......
January 7, 2019 Case Laws Income Tax

Deduction u/s 80IA - If the scrutiny assessment results in to positive income it is obligation on the part of the AO to allow all the statutory deductions including the.....
January 7, 2019 Case Laws Income Tax

Levy of penalty u/s 271D - Cash loans from close relatives cannot be said to fall within the mischief of section 269SS of the Act, as near/close relatives cannot be said....
January 7, 2019 Case Laws Income Tax

Addition u/s 68 - exemption u/s 10(38) - allegation of bogus long term capital gain - although the appreciation is very high, the shares were traded on the National......
January 7, 2019 Case Laws Income Tax

Deduction u/s 37 - Provision for exepenses - in order to derive the true net profit in project completion method it is necessary to show these estimated expenditures,......
January 7, 2019 Case Laws Income Tax

Loss incurred on sale of shares of subsidiary company - CIT(A) was not justified in holding that the loss incurred on sale of shares of subsidiary companies is a capital....
January 7, 2019 Case Laws Income Tax

Unexplained share capital u/s 68 - the Revenue cannot be held to be an aggrieved party once CIT(A) has deleted the impugned addition based on Assessing Officer favourable remand report.
January 7, 2019 Case Laws Income Tax

Charitable activity - grating exemption u/s 10(23C)(vi) - exemption u/s 11 - The cars are used for the purpose of the assessee’s regular activity and the department did.....
January 7, 2019 Case Laws Income Tax

Addition u/s 68 - unexplained cash deposits - since no books of account are maintained in the ordinary course of business of the assessee, no such addition u/s 68 of the Act is tenable.
January 7, 2019 Case Laws Income Tax

TDS u/s 194I - Their remains no ambiguity that the assessee was not liable for deduction of TDS u/s 194-I of the Act on the payment made to the Foreign Shipping......
January 7, 2019 Case Laws Customs

Smuggling - Gold - the department could not adduce any evidence whatsoever to prove that the said two gold bars were smuggled in the two countries. Therefore, the......
January 7, 2019 Case Laws Service Tax

Non-payment of service tax - payment made on being pointed out - suppression of facts or not - the burden of proving the alleged suppression is on the Department and the....
January 7, 2019 Case Laws Central Excise

Classification of goods - Bilas Pan Sughandh - the product is pre-dominantly classifiable under 2106 9070 as ‘churan for pan’ and not under 2008 9999.
January 7, 2019 Case Laws Central Excise

Manufacture of bearings and supply to various wind mill manufacturers - a bearing is a part of wind mill, the place of use becomes irrelevant as the exemption is......
January 7, 2019 Case Laws Central Excise

Reversal of cenvat credit while claiming Exemption from duty - unutilized cenvat credit - Rule 11(3) - the provision of reversal of the credit is provided only in......
January 7, 2019 Case Laws Central Excise

Clandestine removal - demand has been confirmed on the basis of entries in spiral note book recovered - It is well settled law that only on the basis of statements, huge....
January 7, 2019 Case Laws Central Excise

Demand of duty - Restaurant Business - preparation and sale of Indian, Continental, Fast food, Desserts, Biscuits, Cake, Chocolate, etc. - food items consumed in in the.....
January 7, 2019 Case Laws Central Excise

Waste product or not - gad, sludge, acid oil and spent earth, etc. - cannot be considered to be manufactured excisable goods. - The same were merely waste and thus......
January 5, 2019 Case Laws Income Tax

Reopening of assessment - There was a specific information available with the authorities. The reasons to believe had been properly understood by the authorities and......
January 5, 2019 Case Laws Income Tax

Penalty u/s 271B - failure to file the audit report - sthe explanation offered by the assessee can be accepted as a reasonable cause for his failure to file the audit......
January 5, 2019 Case Laws Income Tax

Profit on the sale of agricultural land - merely because for whatever reason, the assessee has earned sufficiently huge amount of profit cannot be a ground to treat the.....

1 ....6 7 8 91011 12 13

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: Stock damaged in recent floods

F: GST on Solar Plant

A: PENALTY ON DIRECTORS CONTRAVENING EXPORT REGULATIONS UNDER FOREIGN EXC...

A: Difference between “License” and “Royalty”

A: Penalty proceedings under Section 130 of the CGST Act cannot be initia...

N: Inland Container Depots for loading and unloading of goods - Seeks to ...

C: Guidelines to Stock Exchanges, Clearing Corporations and Depositories

T: Supreme Court Upholds Validity of Re-Assessment Notices Issued During ...

F: Transfer of ITC without filing ITC-02

F: assessment order

F: INTERMEDIARY SERVICES OR EXPORT SERVICES

H: Revision: Hospital receipts verified, partial refunds & fees paid subs...

F: ITC Issue in case of Acqusition of Company in Insolvency

H: Goods matched documents like e-way bill and invoices; detention order ...

H: Goods Inspection Matches E-Way Bill, Lack of Tax Evasion Intent Quashe...

H: Income tax reassessment validity: AO initiated proceedings u/s 147 ins...

H: Reassessment Rules Interpretation: Taxpayer Wins Over Accommodation En...

H: Sale-purchase loss disallowed unreasonably by tax officer, commercial ...

H: Building sale value can't determine depreciation; actual consideration...

H: Loan to equity conversion attracts income tax on excess share premium ...

H: Property purchase: Joint owners pay via banking channels before regist...

H: Tax exemption limit for leave encashment: Local authorities' employees...

H: Tax assessments beyond 6-year limit quashed, satisfaction note lacked ...

H: Cash found in lockers linked to temple trust and educational foundatio...

H: Microphone Tech Classification: Functionality Over Technology.

H: Exemption from Social Welfare Surcharge on duty-free imports via scrips.

H: Claim for performance pay not an operational debt under IBC; Multiple ...

A: Director Identification Number

A: No GST is applicable for the services provided by the Director under p...

A: Income Tax Act Revamp (Comprehensive Review): Status and Suggestion on...