Pricing Login

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

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

Home

Highlights / Annotations / Catch Notes For May of 2014

Home Highlights May May 2014 Year 2014

Filter:

Showing 101 to 150 of 370 Records

1 234 5 6 7........ 8

May 23, 2014 Case Laws Income Tax

Assessee is entitled to deduction u/s 80IB(11A), in respect of income derived from the new undertakings, warehouses, set up and operated from 1.4.2001 for storage,......
May 23, 2014 Case Laws Income Tax

Book adjustments u/s 115JB - Insurance company - Minimum alternate tax (MAT) - these companies cannot be treated differently for the purpose of sec. 115JB - provisions......
May 22, 2014 Case Laws Service Tax

Sovereign and public activities -technical inspection and certification of seeds produced by seed producers in Maharashtra State as per the Seeds Act, 1966 - not covered....
May 22, 2014 Case Laws Central Excise

Condonation of delay - Bar of limitation - The starting point of limitation under Section 35 was the date of communication of the order which was required to be decided.....
May 22, 2014 Case Laws Central Excise

CENVAT Credit - Group Insurance Scheme - credit is not allowable in respect of family members of the employees - AT
May 22, 2014 Case Laws Customs

Although the appellant has financed for the importation of the consignments but there is no whisper about the ownership and the financer having handled or have made any.....
May 22, 2014 Case Laws Customs

Valuation of goods - The royalties/licence fees paid for the import of beta/digibeta tapes containing films are includable in the assessable value of the said tapes. - AT
May 22, 2014 Case Laws Customs

Waiver of pre deposit - The appellant not only mis-declared the value of the goods but also imported duplicate goods bearing the brand name of well known brands there by....
May 22, 2014 Case Laws Customs

Extension of time for warehousing the goods - As no time limit is prescribed, therefore, appellant are at liberty to file application for extension of warehousing till......
May 22, 2014 Case Laws Income Tax

Penalty u/s 271(1)(c) – Claim of exemption u/s 10B - it would not be open to the assessee to claim that transactions, which are not exports in a strict sense of the term....
May 22, 2014 Case Laws Income Tax

Tribunal committed no error in holding that the assessees were entitled to the benefit u/s 80IB(10) of the Act even where the title of the lands had not passed on to the....
May 22, 2014 Case Laws Income Tax

Liability of the directors u/s 179 - During the devastating earthquake of 26.01.2001, the hotel building was severely damaged - building were insured - there was no......
May 22, 2014 Case Laws Income Tax

Addition u/s 68 - Addition of donations - the affidavit of a third person is mere self-serving evidence unless the same is backed by some other evidence justifying the......
May 22, 2014 Case Laws Income Tax

Rejection of books of accounts – Inflation of price - sales have increased by 29% but manufacturing expenses have increased by 45.93% - order of tribunal confirmed - HC
May 22, 2014 Case Laws Income Tax

Addition u/s 69A - AO has to bring the summons proceedings to a logical conclusion - Merely because summoned person did not respond, cannot be held against assessee - AT
May 22, 2014 Case Laws Income Tax

Failure to audit accounts u/s 44AB – the contention that the receipts which was received by him was received in a fiduciary capacity which did not belong to him is acceptable - AT
May 22, 2014 Case Laws Income Tax

Rate of depreciation - the electrical cables, fittings and other electrical works connected with windmill are single composite unit are eligible for depreciation at the.....
May 21, 2014 Case Laws Central Excise

Denial of refund claim - price variations - There is no provision under the law for issuance of supplementary invoices reducing the price - refund denied - AT
May 21, 2014 Case Laws Central Excise

Refund - non-supply of documents/ information by the appellant to the Revenue to ascertain appellant’s eligibility to refund claim under Rule 5 of the CENVAT Credit......
May 21, 2014 Case Laws Central Excise

Whether the Cenvat credit is admissible in respect of explosive, Ammonium Nitrate and Detonators, which are used in mines for blasting/fragmenting the solid lime rocks......
May 21, 2014 Case Laws Income Tax

Penalty u/s 271(1)(c) - Disallowance of claim of various expenses – The assessee has huge accumulated losses and depreciation which further strengthen the view that......
May 21, 2014 Case Laws Income Tax

When the assessee was not required to compute profits and gains of business or profession under the Income Tax Act, mere passing of accounting entry made for......
May 20, 2014 Case Laws Service Tax

Constitutional validity of section 66E(i) - Service tax on sale value of the food and drinks - facilities provided in a hotel - Decided against the assessee subject to......
May 20, 2014 Case Laws Service Tax

Valuation of service - Addition of price of electricity - cannot be considered as part of the gross amount charged for the service of operation of the plant - AT
May 20, 2014 Case Laws Service Tax

Sale of space or time for advertisement service to several advertising agencies but failed to obtain registration, file returns or remit service tax on the consideration....
May 20, 2014 Case Laws Central Excise

Area based exemption - Notification No. 39/2001-CE - not only Education/SHE Cesses are ineligible to cash refund but also it will not be correct to say that the entire......
May 20, 2014 Case Laws Central Excise

CENVAT Credit - input services - Appellant is entitled for credit of the Service Tax paid on expenses on such repair and maintenance during the warranty period, which is....
May 20, 2014 Case Laws Customs

Conversion of free shipping bills to drawback shipping bills after export - If the duty drawback is not allowed to the appellant, the appellant is perforce required to......
May 20, 2014 Case Laws Income Tax

Withholding of Tax u/s 195 of the Act – Purchase of equity shares – LTCG arising - the applicant will be entitled to benefit of proviso to Section 112(1) of the Act on......
May 20, 2014 Case Laws Income Tax

TDS u/s 192 - when the amount does not result in a direct present benefit to the employee who does not enjoy it, but assures him a future benefit, in the event of......
May 20, 2014 Case Laws Income Tax

Payment made for management services – DTAA between India and France - the term “make available“ is not figuring in the treaty - as the consideration for the services is....
May 20, 2014 Case Laws Income Tax

Agriculture income - assessee did not furnish any details with regard to his agricultural holding or any evidence for earning of agricultural income even in front of......
May 20, 2014 Case Laws Income Tax

Additions u/s 68 - the factum of the assessee having deducted TDS on the interest of the loans and having repaid the loans also remains undisputed - the addition made by....
May 19, 2014 Case Laws Service Tax

Management or Business Consultant - Merger and acquisition services - import of services - Matter remanded back to lower authorities to find out the factual position as.....
May 19, 2014 Case Laws Service Tax

CENVAT Credit - Export of BPO service - during the relevant period the service was not taxable, appellant was not eligible for available cenvat credit - not eligible for....
May 19, 2014 Case Laws Service Tax

Waiver of pre deposit - Construction Service - The Police Housing Corporation appeared to have worked as an extended arm of the Government. - stay granted - AT
May 19, 2014 Case Laws Central Excise

Clandestine removal – Confessional statements solely in absence of any cogent evidences cannot make the foundation for levying the Excise duty on the ground of evasion......
May 19, 2014 Case Laws Central Excise

Invocation of extended period of limitation - it could very well be seen that the assessee had a decision in his favour and therefore it was reasonable on its part to......
May 19, 2014 Case Laws Customs

Penalty - Diamonds recovered from aircraft confiscated - Tribunal reduced penalty - assessee claims complete exoneration - Once there was independent material to support....
May 19, 2014 Case Laws Customs

Refund claim - Provisional assessment - Unjust enrichment - claim of refund was not subjected to the condition which was brought in by way of amendment for the first......
May 19, 2014 Case Laws Income Tax

Income received by the Ruler from part of the palace - rental income - the annual value of any one palace in the occupation of a Ruler is exempt from tax in computing......
May 19, 2014 Case Laws Income Tax

Dividends were declared on 25.11.2005 and received by the assessee on 29.11.2005 itself - the shares resulted in a loss were sold by the assessee after enjoying the......
May 19, 2014 Case Laws Income Tax

Remission/cessation of sales tax liability u/s 41(1) - differential amount representing the actual loan amount and the present value of the future liability paid by the.....
May 17, 2014 Case Laws Service Tax

Cenvat Credit - After the whereabouts of service provider and if it was found that they had not paid the tax, appellant would have reversed the credit in which case they....
May 17, 2014 Case Laws Service Tax

Adjustment of excess service tax - matter remanded back - Appellant directed to produce all the relevant documents shown excess payment and to satisfy that it conforms......
May 17, 2014 Case Laws Central Excise

Interest demand - whether the liability to pay interest on differential excise duty already paid at the time of issue of supplementary invoices would continue - demand......
May 17, 2014 Case Laws Customs

Refund of SAD - notification no. 102/07-Cus - it was evident from the invoices that necessary condition prescribed in the notification has not been fulfilled by the......
May 17, 2014 Case Laws Income Tax

Validity of reassessment of order - When the discrepancies are there, it will have to be clarified by the assessee - the notices were rightly issued u/s 148 of the Act - HC
May 17, 2014 Case Laws Income Tax

Deduction u/s 80P(2)(a)(i)- the objections of the Revenue that the ‘members’ defined in sub-clause(i) of section 80P(2) should only include voting members would amount.....
May 17, 2014 Case Laws Income Tax

Applicability of section 94(7) - loss from units which were held for more than three months after the record date and sold thereafter cannot be subjected to......

1 234 5 6 7........ 8

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...

↑Top