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 Transport agency's bundled services disqualify it... TaxTMI Taxman overreached by turning limited scrutiny into... TaxTMI Genuine anonymous donations not taxable. Grants not... TaxTMI Property investment source verification not valid... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Freight charges paid to foreign shipping co. not... TaxTMI Massive financial fraud via sham deals to launder... 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 Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For October of 2015

Home Highlights October October 2015 Year 2015

Filter:

Showing 51 to 100 of 594 Records

123 4 5 6........ 12

October 28, 2015 Case Laws Income Tax

Penalty u/s. 271D - where the loans are recorded by merely passing adjustment entries or journal entries are outside the scope of section 269SS - No penalty - AT
October 28, 2015 Case Laws Income Tax

Revised return filed beyond the permissible date - Set off of brought forward business loss and unabsorbed depreciation of amalgamating company - revised return......
October 28, 2015 Case Laws Income Tax

Disallowance of interest u/s 24(b) while computing 'Income from House Property" - payment of interest by the firm to the partners is an allowable expenditure if the said....
October 28, 2015 Case Laws Customs

Classification of Liquid Crystal Devices (LCDs) - LCDs are specifically mentioned in CTH 9013 as it has LCDs by name while description of CTH 85.29 is general in nature....
October 28, 2015 Case Laws Customs

Misdeclaration of goods - goods imported were different from the goods ordered - Re export of goods allowed - there is no reasonable ground for imposition of fine and......
October 28, 2015 Case Laws Customs

Import of plastic granules under exemption scheme (Target Plus Scheme) to be used for manufacturing of final products - Goods sent to Job Work – There is no transfer of.....
October 28, 2015 Case Laws Central Excise

Penalty u/s 11AC - valuation - Assessee paid the duty suo motu without any enquiries or any objection from the department. This conduct of the respondent clearly......
October 28, 2015 Case Laws Central Excise

Classification of goods - Base frames - the base frame would be classifiable under 8485 and not 8413, irrespective of the fact that such base frames are designed for......
October 28, 2015 Case Laws Central Excise

Valuation - cost of loading/handling charges and insurance at the rate of 8% (under the Employees State Insurance Scheme) incurred on the sale of such scrap not to be......
October 28, 2015 Case Laws Central Excise

Valuation - Captive consumption - it is only the apprehension that the date of invoices for independent buyers is different from the date of invoice for captive......
October 28, 2015 Case Laws Central Excise

Denial of Carry forward of CENVAT Credit - Conversion of DTA to EOU - Rule 11(3) will apply only in the situation where final products are exempted. - The final products....
October 28, 2015 Case Laws Central Excise

Justification of appeals filed by the Revenue - tribunal observed that why these appeals have been filed before this Tribunal when there is no proposal by the Committee.....
October 28, 2015 Case Laws Central Excise

CENVAT Credit - when the duty on HR sheets is not paid on the basis of thickness but on the basis of weight, the use of HR sheets of less than 4 mm thickness has no......
October 28, 2015 Case Laws Central Excise

Valuation of goods - whether the installation, erection and commissioning charges for equipment installed at customer's premises and values thereof can be added/included....
October 28, 2015 Case Laws Service Tax

Denial of CENVAT Credit - the services which are rendered at the residential colony for the employees cannot be availed as CENVAT Credit. - AT
October 28, 2015 Case Laws Service Tax

CENVAT Credit - whether service tax paid by the appellant on external commercial borrowings (ECB), on which service tax was paid under “Banking and Other financial......
October 28, 2015 Case Laws Service Tax

Denial of refund claim of cenvat credit - export of services - after sale support service - Business Auxiliary Service - business of processing of chips, the activity......
October 28, 2015 Case Laws Service Tax

Penalty u/s 76 and 78 of Finance Act, 1994 – There was suppression of material facts with intention to evade payment of service tax as it was already collected from......
October 27, 2015 Case Laws Income Tax

Expenditure incurred on oil solvent extraction plant - whether as the production had not commenced and therefore, it is in the nature of capital expenditure - Revenue......
October 27, 2015 Case Laws Income Tax

Non deduction of tax at source u/s 194J - if the business associates of the assessee (aggregator or service provider) has not deducted the TDS, there is a loss to the......
October 27, 2015 Case Laws Income Tax

Gifts made - the assessee was absolute owner of NDAW upto 24/07/2007 and transferred his 51% shares to RBE and then made the gift to NDAW, in which he still holds 49%......
October 27, 2015 Case Laws Income Tax

Penalty u/s 271(I)(c) - Assessee cannot be fastened with the liability of penalty without there being a clear or specific charge. Fixing a charge in a vague and casual.....
October 27, 2015 Case Laws Income Tax

Sale of premises - Long Term Capital Gain OR Business Income - assessee has rightly offered to tax income from rent as ‘Income from House Property’ but that will not......
October 27, 2015 Case Laws Income Tax

Revision u/s 263 - CIT cannot revise a non est order in the eye of law. Since the assessment order was passed in pursuance to the notice u/s 143(2), which was beyond......
October 27, 2015 Case Laws Income Tax

Penalty u/s. 271(1)(c) - notice u/s. 274 of the Act in the present case does not make any reference as to whether the assessee has concealed or furnished inaccurate......
October 27, 2015 Case Laws Income Tax

Levy of interest u/s 234D - mistake in computing the interest u/s 244A has been rectified by passing the order u/s 154 and with which the assessee has no quarrel. It is.....
October 27, 2015 Case Laws Income Tax

Exemption u/s 11 & 12 - promotion of football games - The mere fact that the appellant society had generated sponsorship funds, during the course of carrying on the......
October 27, 2015 Case Laws Central Excise

CENVAT Credit - capital goods - appellant is not required to reverse CENVAT Credit taken on the capital goods, which was procured and subsequently re-exported - AT
October 27, 2015 Case Laws Customs

Entitlement of Duty Credit Scrips under Served From India Scheme (SFIS) declared deficient – It is undisputed that brand "Castrol India" is not an Indian brand -......
October 27, 2015 Case Laws Customs

Revenue has sought to open assessments which had been finalised more than five years ago on grounds of mis-declaration of goods – Assessments were finalised after......
October 27, 2015 Case Laws Central Excise

When the adjudicating authority held that it is an issue of interpretation of Rule, therefore it cannot be alleged that appellant has taken cenvat credit by way of......
October 27, 2015 Case Laws Central Excise

Admissibility of cenvat credit - Rejected and returned goods - appellant whereas, the appellant has produced documentary evidence to show that certain process were done.....
October 27, 2015 Case Laws Central Excise

Determination of assessable value - Trade discount - by changing the nomenclature, they are only trying to mislead the department and by change of the nomenclature,......
October 27, 2015 Case Laws Central Excise

Denial of remission of duty - Loss of molasses due to Puncture of the drain nipple - as long as the accident is not deliberate and there is no mala fide on the part of......
October 27, 2015 Case Laws Central Excise

Cenvat Credit - No evidence has been produced by the Revenue that duty paid inputs are directly used in the manufacture of exempted byproduct Bio Feed. - demand set aside - AT
October 27, 2015 Case Laws Central Excise

Whether the appellant is required to reverse the cenvat credit on account of discounts awarded to the appellant after clearance of the goods on payment of duty by the......
October 27, 2015 Case Laws Service Tax

Storage and warehousing services - nature of amount collected from auction of goods where importer failed to take the delivery - no service tax liability arises on such.....
October 27, 2015 Case Laws Service Tax

CENVAT Credit - input services - construction of dormitory adjacent to the factory premises was the necessity because of the location of the factory in a remote area -......
October 27, 2015 Case Laws Service Tax

Liability of Service Tax - scope of the work order indicates a specific job of welding and gas cutting to be undertaken by the appellant - appellant is required to......
October 27, 2015 Case Laws Service Tax

Export of services - Rebate claim for the Month of March 2007 - there is a change in the provisions of Rule 3(ii) of the Export of Service with effect from 01.03.2007,......
October 27, 2015 Case Laws Service Tax

Refund of Service Tax claimed on inputs services – Export of goods - Exemption under Notification No.17/2009-ST requires clear classification of input services - Error......
October 26, 2015 Case Laws Income Tax

Addition u/s 36 - the disallowance should be restricted to net interest paid on the overdraft amount in relation to payments made by the assessee on behalf of the......
October 26, 2015 Case Laws Income Tax

Taxation on amount received on family settlement - accrual of income - entire property was in existence at the time of partition in which concerned family members were......
October 26, 2015 Case Laws Income Tax

Penalty u/s 221(1) - outstanding demand on account of self assessment tax -the penalty imposed at 10% of the outstanding demand for both the assessment years u/s 221(1).....
October 26, 2015 Case Laws Income Tax

Capital gains tax - whether the amount received by the assessee from the sale of property, the title of which was acquired by way of adverse possession and which did not....
October 26, 2015 Case Laws Income Tax

Additional depreciation on wind mill - assessee had made a claim in the revised computation of income statement filed before completion of assessment proceedings -......
October 26, 2015 Case Laws Income Tax

Short term capital loss - sale of plant & machinery as scrap - the alleged short term capital loss as claimed by the assessee on sale of machineries cannot be allowed,......
October 26, 2015 Case Laws Income Tax

Registration u/s 12AA denied - Trust created for giving medical aid, social welfare, uplifting of poor members of the community and for giving financial and other help......
October 26, 2015 Case Laws Income Tax

Exemption U/s. 10A - AO noticed that that invoice issued on 31st March 2010 was cleared by STPI authority on 6 May 2010, i.e. in FY 2010-11, hence, the same cannot be......
October 26, 2015 Case Laws Customs

Goods not cleared on the basis of being hazardous – By not passing any orders on the petitioners application for provisional assessment or by not passing any orders on......

123 4 5 6........ 12

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: Time limit to upload Form GST MOV-09 on GST portal

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

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...

A: NON-SUBMISSION OF FORM 15G/15H TO THE COMMISSIONER FOR TDS UNDER SECTI...