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 Penalty not automatic for audit report delay;... TaxTMI Revised tariff values for imported edible oils,... TaxTMI Plaintiffs' request for securing amount rejected;... TaxTMI Petition allowed against non-speaking order... TaxTMI Tax authority's summary notice & attachment... TaxTMI Indian company's transfer pricing adjustment on... TaxTMI Flavoured Milk GST Classification: Nutritious Dairy... TaxTMI Arbitrary tax demand quashed; Taxpayer relief on... TaxTMI Petitioner's GST registration restored after court... TaxTMI Payments for promotional schemes not commission,... TaxTMI Delayed reply & flimsy grounds for cross-exam led... TaxTMI Offer of flat rejected, pre-deposit mandatory for... TaxTMI Tribunal remands tax refund case for... TaxTMI Excise duty evasion case: No willful suppression,... TaxTMI Customs authorities extend CAVR order for Linear... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For February of 2017

Home Highlights February February 2017 Year 2017

Filter:

Showing 1 to 50 of 420 Records

12 3 4 5........ 9

February 28, 2017 Case Laws Income Tax AT

Disallowance of capital gains - AO was wrong in treating this transaction as ‘income from other sources’ and making disallowance u/s 68, instead of capital gains as......
February 28, 2017 Case Laws Income Tax AT

When actual rent received is more than the fair rent the actual rent would be the annual value and therefore the notional interest would not form part of actual rent......
February 28, 2017 Case Laws Income Tax AT

Un-recorded and un-reconciled traded transaction entered by the assessee as per certificate from BSE vis-à-vis books of accounts maintained by the assessee - net profit.....
February 28, 2017 Case Laws Income Tax AT

Revision u/s 263 - AO has allowed the claim of the assessee u/s 10(38) without examining whether the security transaction tax (STT) has been paid on the sale of the......
February 28, 2017 Case Laws Income Tax AT

Penalty u/s 271(1)(c) - estimation was not made on the basis of unverifiable transactions but the estimation of income was based on specific transactions carried out......
February 28, 2017 Case Laws Income Tax AT

Revision u/s 263 - the action of the AO accepting the capital gain declared by the assessee as such cannot be faulted per se. The view of the AO on the issue is clearly.....
February 28, 2017 Case Laws Income Tax AT

Second round of litigation - Once Assessing Officer holds that the sale gives rise to taxability u/s 48 as long term capital gains, the matter ends there. It was no......
February 28, 2017 Case Laws Income Tax AT

Revision u/s 263 - claim of exemption u/s 54 - the purchases of land do not entitle the assessee for the exemption u/s 54 - Therefore, we fail to understand when the......
February 28, 2017 Case Laws Service Tax AT

Classification of service - Business Auxiliary Service or not? - Sharing of revenue and expenses - a common pool of resources required for running and maintaining the......
February 28, 2017 Case Laws Service Tax AT

Printing and preparation of flex boards and subsequent delivery and mounting it in the required premises - whether the activity amounts to taxable activity under the......
February 28, 2017 Case Laws Service Tax AT

Classification of service - the appellants do not have work order for any mining of coal. The terms of the contract are clear to the effect that they make the site fit......
February 28, 2017 Case Laws Central Excise HC

Extended period of limitation - reliance upon the earlier circular subsequent to the amendment in the notification - when the very language is kept intact and there is......
February 28, 2017 Case Laws Central Excise AT

Manufacture - drawing of wire whether amounts to manufacture or not? - recovery u/s 11D - even if any excise duty the assessee collected from the buyers of the goods and....
February 28, 2017 Case Laws Central Excise AT

Valuation - Job work - merely because the appellant has manufactured medicaments on loan license basis, the valuation principle cannot be discarded - AT
February 28, 2017 Case Laws Central Excise AT

Limitation does not apply in case of recovery of interest. Section 11AA provides for charging the interest - the demand of interest upheld. - AT
February 28, 2017 Case Laws Central Excise AT

CENVAT credit - denial on the ground that the activity of drawing of wire from thicker to thinner gauge does not amount to manufacture - they have taken credit on the......
February 28, 2017 Case Laws Central Excise AT

The appellant under the bonafide impression did not reverse the credit after due intimation of removal of the capital goods to the Dept. In these circumstances, penalty.....
February 28, 2017 Case Laws Customs AT

Levy of Anti Dumping Duty (ADD) - If the DA has formed a opinion regarding correctness of the claim made by the party about confidentiality then he is within his rights.....
February 28, 2017 Case Laws Customs AT

Valuation of imported items - disposable cap and Halogen Lamps - there is no legal justification to conduct a market enquiry especially in the presence of comparable......
February 27, 2017 Case Laws Service Tax AT

Nature of collection of amount of service tax from the other branches / circles of the assessee - Collection or otherwise of the service tax from their own circles......
February 27, 2017 Case Laws Service Tax AT

Liability of tax - Since the appellant is not the service receiver, liability for service tax payment cannot be enforced on them. The position does not change because of....
February 27, 2017 Case Laws Service Tax AT

Business auxiliary services - In the absence of any such evidence to indicate that Adani Exports Ltd., had availed the services of appellant for production or processing....
February 27, 2017 Case Laws Service Tax AT

Classification of service - The use of device (programmable machine) for generating bills of MSEDCL cannot change the nature of the services - the service provided by......
February 27, 2017 Case Laws Central Excise AT

Classification of goods - carpet - falling under sub heading 5703.90 or 5703.20 - the goods in question do not consist of a ground fabric and a pile or looped surface......
February 27, 2017 Case Laws Central Excise AT

Valuation - related party transaction - rule 4 will lead to a determination of value which will be more consistent and in accordance with the parent statutory provisions....
February 27, 2017 Case Laws Central Excise AT

Reversal of CENVAT credit - at the time of availment of Cenvat Credit on inputs, the final product is dutiable, later on the final product became exempt, in such a......
February 27, 2017 Case Laws Central Excise AT

Clandestine removal - In the absence of the panchnama, adverse inference cannot be drawn against the respondent - further, the computer prints out are not reliable documents - AT
February 27, 2017 Case Laws Customs AT

Classification of imported LCD Panels for CTV - classified under CTH 9013 80 10 or under Chapter SH 8529? - classification of impugned LCD Panels to be under Tariff Item....
February 27, 2017 Case Laws Customs AT

Refund claim - unjust enrichment - once an assessment is provisional, it is provisional for all purposes and not necessarily provisional in respect of the particular......
February 27, 2017 Case Laws VAT and Sales Tax HC

Restriction on ITC credit - the firm’s registrations had been cancelled and default assessment of tax and interest under Section 32 of the Act were completed - Section......
February 27, 2017 Case Laws Income Tax AT

Diversion of income by overriding title - merely because the moneys flow through the assessee, it cannot be automatically inferred that it is income in the hands of the.....
February 27, 2017 Case Laws Income Tax AT

The assessee Trust is a revocable Trust and contribution by beneficiaries is a revocable transfer. - the income shall be taxed in the hands of the beneficiaries, i.e.......
February 27, 2017 Case Laws Income Tax AT

Levy of penalty u/s. 271(1)(c) - benefit of telescoping granted by the Commissioner of Income Tax (Appeals) sustained - AT
February 27, 2017 Case Laws Income Tax AT

Penalty u/ 271(1)(c) - unexplained investment - assessee should have been careful cannot be doubted, but the absence of due care, in a case such as the present, does not....
February 27, 2017 Case Laws Income Tax SC

Local authority within the meaning of Section 10(20A) - whether Vidarbh Irrigation Department Corporation is a local authority? - We do not understand as to why the......
February 27, 2017 Case Laws Income Tax HC

TDS u/s 194A - Interest - GNOIDA - Amounts which are payable towards interest on the payment of lump sum lease premium, in terms of the Lease which are covered by......
February 27, 2017 Case Laws Income Tax HC

TDS u/s 194I - Rent - lump sum lease payments or one time lease charges, which are not adjustable against long term lease hold charges, which are not adjustable against.....
February 25, 2017 Case Laws Income Tax AT

Additional depreciation on diagnostic/service equipments claimed as a deduction u/s. 32(1)(iia) - assessee is eligible for additional depreciation on vaporizers u/s. 32(1)(iia) - AT
February 25, 2017 Case Laws Income Tax AT

TDS u/s 195 - charter payments (hire charges) to Foreign Shipping Companies - the amount paid by the assessee to the FSC on time charter agreement would not amount to......
February 25, 2017 Case Laws Income Tax AT

Deduction u/s 80IB - The assessee-firm was not manufacturing proto-type of jewellery. It has produced variety of items containing numerous designs, shape, size and......
February 25, 2017 Case Laws Income Tax AT

Unaccounted cash for the purchase of property - in the absence of any other corroborative evidence to establish a direct nexus, it cannot be said that the notings in the....
February 25, 2017 Case Laws Income Tax AT

Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - revised return of income filled - penalty levied u/s 271(1)(c) cannot be sustained as the assessee had came....
February 25, 2017 Case Laws Income Tax AT

Depreciation on computer systems on the WDV @60% - display system - AO has reduced the depreciation rate claimed at 60% to 15% - Since assessee was already getting......
February 25, 2017 Case Laws Income Tax AT

TPA - ALP - Corporate Guarantee given by the assessee being a domestic transaction is outside the purview of TP provisions is claimed to be covered in favour of the......
February 25, 2017 Case Laws Income Tax AT

Disallowance of special discount - same is not claimed by filing revised return and claimed by way of a letter during the course of assessment proceedings - the action......
February 25, 2017 Case Laws Service Tax AT

Adjustment of excess service tax paid in advance - the intention of paying advance should be made clear immediately after the payment - it can be seen that the said......
February 25, 2017 Case Laws Service Tax AT

Refund claim - whether the refund of rebate of the tax paid on input services is to be allowed to respondent or otherwise? - In the absence of any time limit in the......
February 25, 2017 Case Laws Service Tax AT

100% EOU - Refund claim - rejection on the ground that the appellants are only registered under the taxable category of Information Technology Service and are not......
February 25, 2017 Case Laws Service Tax HC

VCES Scheme - petitioner submitted a declaration form in which he had wrongly declared that no inquiry or investigation or audit is pending against him which is a basic.....
February 25, 2017 Case Laws Central Excise AT

SSI Exemption - use of brand name of others - Kanachur is the name of the village and cannot be appropriated as a brand name - also, the proprietor of the appellant was.....

12 3 4 5........ 9

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: GST on Sale of Ancestral Paintings

A: CENVAT Credit on mobile towers and pre-fabricated buildings

A: Allowable Business Expenditure: Physical and mental fitness are essent...

A: Pre-deposit can be waived off in certain circumstances

A: SCRUTINYOF RETURNS UNDER GST LAWS

A: Common Mistakes to Avoid When Using the GST Rate List

F: GST / Service Tax on Area Given under Joint Development Agreement

F: GST APPEAL PRE DEPOSIT AMOUNT

F: DEPRECIATION ON CAPITAL GOODS WITH GST COMPONENT

F: Applicable GST Rate on Freight Charges for Export of Goods

F: GST Refund for forign tourist

A: Top MSME Benefits Every Entrepreneur Should Know in 2024

H: Car owned by spouse denied depreciation claim due to lack of proof of ...

H: Tax deduction allowed for house purchased in spouse's name using sale ...

H: Dismissal of Review Petitions: Court Upholds Interest Refund Order, Ci...

H: GST refund claim restored despite procedural lapse on payment of costs.

H: Upholding Tax Authority's Show Cause Notice, Court Allows Defences.

H: Respite for Petitioner: Court Quashes Orders on ITC Reversal, Directs ...

H: Tax dispute: HC directs petitioner to deposit 20% of demanded tax & fi...

H: Excess ITC claim: Court orders reassessment, petitioner to submit obje...

H: Denied input tax credit due to alleged fictitious supplier, HC allows ...

H: Nuclear Fuel Complex unit's GST assessments quashed; reassessment orde...

H: Taxpayer wins deduction battle for provident & pension fund contributi...

H: Court quashes tax reassessment against non-existent amalgamating compa...

H: Transfer pricing adjustment deleted; cash payments to villagers disall...

H: Taxpayer wins on Transfer Pricing, Interest Disallowance & R&D Deduction.

H: Importer allowed SAFTA duty benefit on imported goods after producing ...

C: Fixation of one new Standard Input Output Norms (SIONs) at SION A-3683...

C: Measures to address regulatory arbitrage with respect to Offshore Deri...

T: Disallowance u/s 14A: Navigating the Interplay of Exempt Income and Ex...