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 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 Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Highlights / Annotations / Catch Notes For May of 2018

Home Highlights May May 2018 Year 2018

Filter:

Showing 51 to 100 of 512 Records

123 4 5 6........ 11

May 30, 2018 Case Laws Central Excise

Suo moto re-credit amount in PLA instead of claiming refund - refund is governed by Section 11B - Even in the case of suo moto re-credit though in principle, the......
May 30, 2018 Case Laws Central Excise

Valuation - inclusion of subsidy in assessable value - no justification for inclusion in the assessable value, the VAT amounts paid by the assessee using VAT 37B Challans - AT
May 30, 2018 Case Laws Central Excise

Clandestine removal - allegations based on inquiries made in the third party’s documents of Commission Agent and transporters cannot lead to the fact of clandestine activities. - AT
May 30, 2018 Case Laws Central Excise

Refund of pre-deposit - period of limitation - limitation period would start not from the date of deposit but from the date of the decision by Commissioner (Appeals) - AT
May 30, 2018 Case Laws Central Excise

Reversal of CENVAT credit - manufacturing of exempted goods (cleared on payment of duty) - as the assessee was not seeking refund of duty and there was no need to......
May 30, 2018 Case Laws Central Excise

Benefit of exemption - scope of the term "site" - supply of PSC Slippers for Western Dedicated Freight Corridor (WDFC) Project - the expression “site” cannot be given a.....
May 30, 2018 Case Laws VAT and Sales Tax

Suo motu revision of original assessment order - Chhattisgarh VAT - time limitation - limitation has to be calculated from the date of assessment and not from the date......
May 29, 2018 Case Laws GST

GST - Intent to sell unit along with all assets and liabilities - The transaction of transfer of business as a whole of one of the units of the Applicant in the nature......
May 29, 2018 Circulars DGFT

Enlistment under Appendix 2E - Agencies Authorized to issue Certificate of Origin - (Non- Preferential) - Appendix 2E as amended.
May 29, 2018 Notifications GST

NACIN has been notified as the authority for conducting the examination for GST Practitioners under rule 83 (3) of the CGST Rules, 2017.
May 29, 2018 Notifications GST

GST - levy of Priority Sector Lending Certificate (PSLC) brought under Reverse Charge Mechanism (RCM) - Notification as amended
May 29, 2018 Case Laws Income Tax

Surrender of income during survey - to be treated as Business income or taxable u/s 69 - AO was not justified in taxing the surrender made on account of excess stock and....
May 29, 2018 Case Laws Income Tax

Penalty - loan/deposits in cash and in violation of provisions of section 269SS - three directors who have advanced money to the assessee-company and have been repaid in....
May 29, 2018 Case Laws Income Tax

Initiation of revision proceedings u/s 263 - transfer pricing - interest free loans to associate companies out of borrowed capital - international transaction - a......
May 29, 2018 Case Laws Income Tax

Expenses incurred in respect of foreign education of the Director - the main purpose as per the company is that education of director would be useful in expanding the......
May 29, 2018 Case Laws Income Tax

Additions for non-deduction of TDS - Sec 40(a)(ia) is a disabling provision which and not an enabling provision. - there is nothing in the language of Sec.40(a)(ia) to......
May 29, 2018 Case Laws Income Tax

Imposition of late filing fee u/s 234E - late filing of TDS return - substitution made by clause (c) to (f) u/s 200A(1) can be read as having prospective effect and not.....
May 29, 2018 Case Laws Service Tax

CENVAT credit - tippers - extended period of limitation - return has been filed giving complete details of CENVAT credit availed by them on tippers - it was not alleged.....
May 28, 2018 Notifications Income Tax

Relaxation from the conditions of issue of shares at premium in excess of Fire Market Value u/s 56(2)(viib) where approval has been granted by the Inter-Ministerial......
May 28, 2018 Notifications Income Tax

Income-tax (6th Amendment), Rules, 2018 - Determination of FMV of shares and securities - Now only merchant bank can give the valuation report for the purpose of section 56.
May 28, 2018 Case Laws Income Tax

Penalty u/s 271(1)(c) - failure to pay tax paid on sale of property - the conduct of the assessee is bonafide which takes it out from exigibility of penalty within......
May 28, 2018 Case Laws Income Tax

Valuation of stock - addition u/s 145A - following the accounting standard, assessee has adopted exclusive method of accounting with regard to the recording of purchase,....
May 28, 2018 Case Laws Income Tax

Penalty levied u/s 271E - period of limitation - The order of reassessment was not subject matter of revision proceedings u/s 263 or 264 of the Act. Hence the assessee’s....
May 28, 2018 Case Laws Income Tax

Doctrine of diversion of income by overriding title - Tax liability on interest income of the trust - since assessee was a revocable trust and contribution by......
May 28, 2018 Case Laws Income Tax

TDS u/s 194A - identity of the lenders were not known - in the event it is ultimately found that at the time of paying the borrowing fee to NSCCL or even prior to it,......
May 28, 2018 Case Laws Income Tax

TDS u/s 195 - compensation received for loss of business - the foreign company does not have permanent establishment in India - thus payments are not liable for taxation....
May 28, 2018 Case Laws Income Tax

Validity of reopening of the assessment u/s 147 - ROI not filled - When the return of income was not filed with the AO then the alleged return of income filed with the......
May 28, 2018 Case Laws Central Excise

100% EOU - Refund claim of cenvat credit - no physical exports - during the period in question, the definition of export under Rule 5 which was inserted by an......
May 28, 2018 Case Laws Central Excise

Refund claim - where the cenvat credit is availed wrongly which needs to be recovered, then such amount should have been recovered through a notice under Rule 14 of......
May 28, 2018 Case Laws Central Excise

CENVAT credit - ‘Dry ice Vehicle’ - capital goods - the goods should be used in the factory premises whereas in the present case, the motor vehicles are used by the......
May 27, 2018 Case Laws Income Tax

Settlement of a case - assessment proceedings were pending or not - assessment order was passed but not served - Commission has given no finding. We cannot leave the......
May 27, 2018 Case Laws Income Tax

Reassessment - validity of the reasons recorded by the AO - at the stage when the notice for reopening is under challenge, if it is not possible without further detailed....
May 27, 2018 Case Laws Income Tax

Reassessment - validity of fresh notice - withdrawal of earlier notice - Mere intention, a stated intention or even an intention which is otherwise put in practice......
May 27, 2018 Case Laws Income Tax

MAT computation - reduction of least of cash loss or depreciation loss as per books of accounts while computing the book profits u/s 115JB - The assessee has rightly......
May 27, 2018 Case Laws Income Tax

Bogus purchases - Disallowance of expenditure regarding sundry creditors - AO was adding amounts on the basis of then un-reconciled differences which is violation of the....
May 27, 2018 Case Laws Income Tax

TDS u/s 194C - reimbursement of postage expense on actual basis - there is no case for invoking the provisions u/s 194C which only mandates for effecting TDS as per the.....
May 27, 2018 Case Laws Income Tax

Reopening of assessment - belief of escapement of income - reopening merely on the information received from the Investigation Wing of the Department, i.e., just on......
May 27, 2018 Case Laws Income Tax

Revision u/s 263 - Period of limitation - if the issue on which the proceedings u/s 263 is initiated is not a subject matter of the assessment order passed u/s 143(3)......
May 26, 2018 Case Laws Insolvency and Bankruptcy

Insolvency resolution process - exclusion of period of litigation - This is a unique case in which CIRP could not completed with in 270 days. The exceptional......
May 26, 2018 Case Laws Insolvency and Bankruptcy

Insolvency Resolution Process - there are serious doubt with regard to the locus standi of Bhushan Employees as the application has been filed only by Mr. Rahul Sengupta....
May 26, 2018 Case Laws FEMA

Violation of Section 3(a), FEMA - onus to prove - It is settled legal principle that onus of proof, in both civil and criminal law, is on the person who wishes to prove.....
May 26, 2018 Case Laws Service Tax

Valuation - an assessee is liable to pay tax only on the service component - the value of the raw material used in retreading of the tyres need not be included in assessable value - AT
May 26, 2018 Case Laws Service Tax

Where mere space is provided along with furniture for facilitating accommodation of representatives of financial institutions in the premises of an automobile dealer and....
May 25, 2018 Circulars GST

Levy of IGST on warehoused goods - the supply of goods before their clearance from the warehouse would not be subject to the levy of integrated tax and the same would be....
May 25, 2018 Notifications Customs

Customs Tariff Tables updated as per the notification - Seeks to increase tariff rate of basic customs duty (BCD) on Walnuts in shell [0802 31 00 ] from 30% to 100% and.....
May 25, 2018 Act Rules Customs

Customs Audit Regulations, 2018 - Proper officer make take the assistance of a professional like Chartered Accountant, Cost Accountant, an expert in the field of......
May 25, 2018 Act Rules Customs

Customs Audit Regulations, 2018 - Audit may be conducted at the premises an auditee or in the office of proper officer - Auditee may be an Importer or Exporter or......
May 25, 2018 Act Rules Customs

Customs Audit Regulations, 2018 - Selection of Importer or Exporter or custodian or licensee of a warehouse etc. or declaration made for Import or Export to the selected....
May 25, 2018 Act Rules Customs

Customs Audit Regulations, 2018 - Importer or Exporter or custodian or licensee of a warehouse etc. are required to preserve for a minimum period of five years and make.....
May 25, 2018 Notifications Customs

Duties of customs on import of Protein concentrates and textured protein substances - Benefit of reduced rate of duty withdrawn.

123 4 5 6........ 11

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