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 2015

Home Highlights May May 2015 Year 2015

Filter:

Showing 251 to 300 of 399 Records

1 ....2 3 4 567 8

May 12, 2015 Case Laws Central Excise

Valuation - If certain items supplied by the buyers free of cost to the manufacturer the value consideration of the said items in the form of amortization cost must be......
May 12, 2015 Case Laws Central Excise

Valuation - Inclusion of Amortized cost of mould - In absence of any depression to the assessable value, the cost of moulds in the present case cannot be held to be......
May 12, 2015 Case Laws Central Excise

Penalty u/s 11AC - whether the assessee is liable to pay interest and penalty in respect of the duty paid prior to the issue of a show cause notice to payment made after....
May 12, 2015 Case Laws Customs

Refund - since the amount in question was deposited in compliance with the interim order passed by the High Court of Bombay, which was not towards duty, the question of.....
May 12, 2015 Case Laws Income Tax

Disallowance u/s 40A(3)- When the cost of the land as well as additional payment is not claimed by the assessee as deduction, the question of any disallowance under......
May 12, 2015 Case Laws Income Tax

Registration u/s 12AA to society denied - The power of the Commissioner to look into the objects of the Society and the genuineness of the same cannot be doubted when......
May 12, 2015 Case Laws Income Tax

TDS - Assessing Officer was not justified in fastening the liability of TDS on the assessee in respect of notional gain worked out by the Assessing Officer on conversion of FCCBs - AT
May 12, 2015 Case Laws Income Tax

Computation of deduction u/s 10B - 100% EOU - inter unit transfer should not be treated as part of the “Total Turnover” while computing deduction u/s.10B of the Act - AT
May 12, 2015 Case Laws Income Tax

Additional payment in violation of Stamp Duty Act, 1899 - additional payments made to the parties which admittedly have not been routed as an expense in assessee’s P&L......
May 12, 2015 Case Laws Income Tax

Transfer pricing adjustment - the addition made by the TPO by determining arm’s length price of royalty on export at nil is deleted. There is no justification for......
May 12, 2015 Case Laws Income Tax

Entitlement to the benefit granted under Section 9(1)(i) - procurement of goods for the purpose of exports - no income was derived by the assessee in India through its......
May 11, 2015 Case Laws Service Tax

Refund claim - Unjust enrichment - period of limitation - the letter written to Asstt. Commissioner clearly shows that service tax paid by the appellant is under......
May 11, 2015 Case Laws Central Excise

Undervaluation of goods - Mutuality of interest - interconnected undertaking - Burden of proof - Mere allegation that there was mutuality of interest remained unproved......
May 11, 2015 Case Laws Customs

Doctrine of merger - Earlier Supreme Court dismissed appeal as non maintainable - Once leave to appeal has been granted and appellate jurisdiction of Supreme Court has......
May 11, 2015 Case Laws Customs

Penalty u/s 114(iii) - loading of goods on the vessel before the "Let Export Order" - The shipping agent has been duly penalized and there is no warrant for imposition......
May 11, 2015 Case Laws Income Tax

Maintainability of appeal - in order to bring harmony with the National Litigation Policy, we are of the opinion that the Instruction No.3 of 2011 would also apply to......
May 11, 2015 Case Laws Income Tax

Deduction u/s 10B - 100% EOU - Incidental income derived from the sale of scrap - The section does not require that the profits and gains derived should be from the......
May 11, 2015 Case Laws Income Tax

Depreciation on toll road - The assessee is entitled to the claim of depreciation on the road to collect toll being an intangible asset falling within the purview of......
May 11, 2015 Case Laws Income Tax

Once the objective of the expenditure being improvement in business prospects is accepted, then it has to follow that such an enduring benefit is in the revenue field.......
May 11, 2015 Case Laws Income Tax

Depreciation u/s 32 - ownership - The individual Directors have acquired the property in their names and the transfer of the property into the account books of the......
May 11, 2015 Case Laws Wealth-tax

Wealth Tax Act, 1957 - Hospital property - it was intended to exclude only such of those buildings which are specifically mentioned as excluded in clause (vi) which are.....
May 9, 2015 Case Laws Service Tax

Recovery of service tax without making assessment - Impugned communication which demands the Petitioner to make payment of the interest and also threatens them that in......
May 9, 2015 Case Laws Service Tax

Denial of refund claim - SEZ Unit - service tax amount is payable by their client and subsequently on being informed by their clients, they reversed the entries......
May 9, 2015 Case Laws Central Excise

Manufacture - process of sterilization of medical equipments - Such process of removal of foreign matters from a product complete in itself would not amount to......
May 9, 2015 Case Laws Central Excise

Validity of Tribunal's order - Tribunal decided issue on merit instead of deciding the stay application - The Tribunal should not act as per its whims and fancies,.....
May 9, 2015 Case Laws Central Excise

Demand u/s 11A - Extended period of limitation - there was a general practice in the trade to claim the benefit of exemption - Appellants can not be said to have any......
May 9, 2015 Case Laws Central Excise

CENVAT Credit - Credit on materials and capital goods used by for the erection and commissioning of the paint shop - capital goods embedded to earth - nexus with......
May 9, 2015 Case Laws Customs

Waiver of pre deposit - Evasion of custom duty - Tribunal, without taking note of the excess payment made, had ordered pre-deposit of ₹ 60.00 lakhs, which is not......
May 9, 2015 Case Laws VAT and Sales Tax

Provisional attachment of property against the estimated liability - there is no formation of opinion - the exercise of powers by the respondent No.2 under Sections 45......
May 9, 2015 Case Laws VAT and Sales Tax

Denial of input tax credit - by the process undertaken by the dealer, seeds which was initially not marketable and eatable, would become eatable and marketable and,......
May 9, 2015 Case Laws Indian Laws

Criminal complaint pertaining to offence punishable under Section 138 of the Negotiable Instruments Act, 1881 - Dishonour of cheque - if a cheque is dishonoured because....
May 9, 2015 Case Laws Income Tax

Permanent establishment - business of telecasting of TV channels such as B4U Music, MCM etc - payment of transponder charges - this is not a case of B4U India being an....
May 9, 2015 Case Laws Income Tax

Reopening of assessment - the formation of opinion without examining the issue (as according to the Assessing Officer, the issue is yet to be examined and the notice......
May 9, 2015 Case Laws Income Tax

Non-genuine gifts - additions u/s 68 - The Tribunal has, after appraising the affidavit and the statements, recorded a plausible finding - Revenue is unable to point......
May 9, 2015 Case Laws Income Tax

Commitment charges/guarantee commission - if the property of the sister concern of the assessee is pledged for the business purpose of the assessee, the sister concern......
May 8, 2015 Case Laws Service Tax

Denial of refund claim - Notification No. 41/2007-ST - certain conditions stipulated in the Notification was not complied with but non-compliance of such condition was.....
May 8, 2015 Case Laws Service Tax

Penalty u/s 78 - Once it is categorically held by Commissioner (Appeals) that appellant was under a bonafide belief that service tax as demanded was not payable, then a.....
May 8, 2015 Case Laws Service Tax

C&F Agent services - The fact that a person describes himself as a forwarding agent is not conclusive: and it is a question of fact to be decided according to the......
May 8, 2015 Case Laws Service Tax

Clearing and forwarding agent service or not - providing certain services as Agent to maintain constant liaison with the Railways for the actual placing of coal rakes -.....
May 8, 2015 Case Laws Central Excise

Manufacture of medical equipment - Defibrillators are not capable of being used internally without paddles and paddle is an accessory which does not qualify for......
May 8, 2015 Case Laws Central Excise

Valuation - Levy of penalty u/s 11AC - it is the appellant which had worked out the final costing and it is the chartered accountant of the appellant which had prepared.....
May 8, 2015 Case Laws Central Excise

Penalty u/s 11AC - Interest u/s 11AB - interest and penalty are imposable and there is no discretionary power vested with the authorities for waiving the same.- HC
May 8, 2015 Case Laws Customs

Classification of goods - Merely because LCDs are to be used as parts in the electricity supply meters, can it be said that they are to be included in Entry 9028? - LCD....
May 8, 2015 Case Laws Customs

Valuation of import of goods - In the absence of identical goods, valuation on the basis of similar goods is valid - order of the Commissioner cannot be faulted - SC
May 8, 2015 Case Laws Customs

Denial of refund claim - Unjust enrichment - Simply stating that the goods were sold at a loss does not establish that the duty incidence was not passed - No refund - AT
May 8, 2015 Case Laws VAT and Sales Tax

Challenge to the orders of assessment - enhancement of the rate of tax has been done without notice to the petitioner - therefore the order is in violation of......
May 8, 2015 Case Laws Income Tax

Consideration / fees for technical services - There is no profit element in the pro rata costs paid by the agents of the assessee to the assessee - the amounts paid by.....
May 8, 2015 Case Laws Income Tax

Consideration / fees for technical services - It related to shipment of cargo and their movement across the oceans. The views of the revenue that it amounted to......
May 8, 2015 Case Laws Income Tax

Book Adjustments u/s 115JA - Minimum Alternate Tax (MAT) - Provision for doubtful debts - entire provision represented advances towards sister concern and not trade......
May 8, 2015 Case Laws Income Tax

100% EOU - The moment the decision / approval of the Development Commissioner is ratified by the Board of Approval it will relate back to the date on which the approval.....

1 ....2 3 4 567 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