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 June of 2014

Home Highlights June June 2014 Year 2014

Filter:

Showing 251 to 300 of 366 Records

1 ....2 3 4 567 8

June 12, 2014 Case Laws Income Tax

Exemption u/s 11 – Charitable / educational institution - It is not necessary that in order to claim the exemption, the institution should be affiliated to any......
June 12, 2014 Case Laws Income Tax

Cancellation of registration u/s 12A of the Act – Activity charitable or not – Holding of seminars cannot be termed a commercial or business activity, as the trust was.....
June 12, 2014 Case Laws Income Tax

Disallowance of prior paid expenses - prior period expenses can be allowed if bills are received in subsequent year - AS-5 stipulates that such expenditure should be......
June 12, 2014 Case Laws Income Tax

Disallowance out of salary and commission paid – AO was right in proportionate allocation of salary paid to the directors on the basis of turnover of both the companies - AT
June 12, 2014 Case Laws Income Tax

Taxability of transfer fee receipts – it cannot be said that the appellant society violated the model bye laws in the previous year relevant to AY 2004-05 by not......
June 12, 2014 Case Laws Income Tax

Keyman Insurance Policy or is an investment policy – transfer of the policy two day before completion of three years in favor of key partner - It is a colourful method.....
June 12, 2014 Case Laws Income Tax

Time limit for passing an Order - TDS default - order passed u/s 201(1) or 201(1A) cannot be held as barred by limitation if it is passed within 4 years from the end of.....
June 11, 2014 Case Laws Service Tax

Commercial and Industrial Construction Service - Onshore Terminal - In any processing facility, material has to be received and dispatched but that would not make the......
June 11, 2014 Case Laws Central Excise

Refund claim - Unjust enrichment - price inclusive of duty of excise - maintaining uniformity of price - duty paid under protest - refund allowed - HC
June 11, 2014 Case Laws Central Excise

Denial of Cenvat credit - Revenue establishing a fact that in the normal course GP sheets are not used for manufacture of OE parts, cannot lead to inevitable conclusion.....
June 11, 2014 Case Laws Central Excise

Area based exemption - A unit availing of exemption under Notification No.56/2002 –CE cannot utilize BED credit for payment of education cess and S & H cess which are......
June 11, 2014 Case Laws Customs

Duty demand from the port custodian for shortage of goods - Pilferage of the imported goods takes place while the goods were in the custody of the custodian which has to....
June 11, 2014 Case Laws Customs

Confiscation of goods - basmati rice or not - Exporter has acted on the basis of notification issued by DGFT and the goods presented conformed to the prescribed......
June 11, 2014 Case Laws Income Tax

Contention of the assessee that if the AO failed to pass order within the period of limitation prescribed u/s 154, the rectification deemed to have been granted is not......
June 11, 2014 Case Laws Income Tax

Reassessment u/s 147 - AO initiated such proceedings of reopening solely on ground of insertion of explanation and it is to be held as mere change of opinion - notice......
June 11, 2014 Case Laws Income Tax

Whether merely because title or registration under the Indian Registration Act has not passed, would it be fatal to disallow depreciation - depreciation allowed - HC
June 11, 2014 Case Laws Income Tax

Assessee was eligible for an exemption u/s 10B - a typographical error crept in while e-filing the return and it was mentioned as u/s 80-IB instead of section 10B - it......
June 11, 2014 Case Laws Income Tax

Non-deduction of tax u/s 195 of the Act – Retrospective effect of section 9(1)(vii) - Section 9 (1) (vii) deals with technical services and has to be read in that......
June 11, 2014 Case Laws Income Tax

Taxability of interest awarded – Exemption u/s 10(37) - C how the amount would become taxable if it is forming integral part of the compensation, when transfer is of the....
June 11, 2014 Case Laws Income Tax

Disallowance of proportionate cost of land out of solid waste tank expense – cost of land debited by the Assessee in Profit and Loss account is not allowable as revenue expenditure - AT
June 11, 2014 Case Laws Income Tax

LTCG - valuation - reference could be made to DVO only if the value declared by the assessee is in the opinion of AO less than its fair market value - in this case FMV......
June 11, 2014 Case Laws Income Tax

Validity of revision by CIT u/s 263 - assessee has failed to show that the assessing officer has examined the various details relating to the deduction u/s 80IB(10) -......
June 11, 2014 Case Laws Income Tax

Computation of interest u/s 234A and 234B of the Act - the seized amount shall be treated as payment of advance tax on the date of seizure itself. - AT
June 10, 2014 Case Laws Service Tax

Penalties under both Sections 76 and 78 were imposable simultaneously on the respondents for failure to pay service tax for the period prior to 10.05.2008 although show.....
June 10, 2014 Case Laws Service Tax

Renting of immovable property - The property and income of the State, in Article 289, connotes the State as enumerated in the first schedule of the constitution and not.....
June 10, 2014 Case Laws Central Excise

Cenvat / Modvat Credit - Provisions of Rule 6(1) of Cenvat Credit Rules are not attracted in the present facts and circumstances when 100% cotton fabrics attracting nil.....
June 10, 2014 Case Laws Central Excise

Area based exemption - State of Uttranchal - Non filing of declaration - no returns were filed regarding the goods manufactured and cleared by availing of this exemption....
June 10, 2014 Case Laws Customs

Penalty u/s 114 on Superintendent and Inspector - evidences available on record were also not considered sufficient for framing charges by the CBI Court - no penalty - AT
June 10, 2014 Case Laws Income Tax

Compensation for termination of lease agreement – amount received is a capital receipt and not liable to tax under Section 55(2)(a) of the Act - HC
June 10, 2014 Case Laws Income Tax

Explanation of the source of investment - there being no income of the company at the relevant period when unaccounted investment was made, the same has to be assessed......
June 10, 2014 Case Laws Income Tax

Accrual of interest - uncertainty - since the assessee was aware of the fact that it will not receive any income as interest, following conservative policy, did not......
June 10, 2014 Case Laws Income Tax

Commission paid to Non-residents – The limit provided under the RBI guidelines for remittance of commission is relevant only for the purpose of remittance in foreign......
June 10, 2014 Case Laws Income Tax

Nature of expenses – builders generally offer some amount as compensation against delay in handing over the properties - the nature of payment as compensatory and not penal - AT
June 10, 2014 Case Laws Income Tax

Depreciation - only the lessee can be treated as owner of the asset in case of a finance lease - No depreciation can be allowed to the lessor in such a case of a genuine....
June 10, 2014 Case Laws Income Tax

Disallowance u/s 40A(3) of the Act – Cash payment for business purpose – it cannot be said that the assessee has immunity from the provisions of section 40A(3) of the act - AT
June 9, 2014 Case Laws Service Tax

Penalty - service tax was actually deposited alongwith interest even before the issuance of show cause notice - no justification for imposition of penalty - AT
June 9, 2014 Case Laws Service Tax

Convention service - availing CENVAT Credit while availing benefit of abatement notification 1/2006 ST - stay granted partly - AT
June 9, 2014 Case Laws Central Excise

Levy of Clean Energy Cess - non movement of raw coal nor coal after its processing beyond the coal mines - Prima-facie, either view, the one adopted by Revenue and the......
June 9, 2014 Case Laws Central Excise

Remission of duty - appellant is liable to discharge Customs duty liability on the imported raw materials destroyed as such in the fire accident or the imported raw......
June 9, 2014 Case Laws Central Excise

Duty demand - Non supply of proper documents - adjudicating authority directed to supply the ‘non-relied upon documents’ to the appellants - AT
June 9, 2014 Case Laws Customs

Rejection of application for fresh Customs House Agents License - a person who has been carrying on business ought not to be prevented from carrying the business on the.....
June 9, 2014 Case Laws Customs

Condonation of delay - Delay in receipt of order - whether the receipt of order by the director is in personal capacity or on behalf of the appellan - held as in official capacity - AT
June 9, 2014 Case Laws Income Tax

Nature damages for non-performance of the contract - amount of damages by paying the difference between the contract price and the market price - Held as business......
June 9, 2014 Case Laws Income Tax

Bond issue expenses – Revenue or capital - The business had commenced much earlier and not during the year. - expenditure is revenue in nature - HC
June 9, 2014 Case Laws Income Tax

Addition u/s 69 - time gap between the cash withdrawal from bank and the deposit made, and in the process, the possible nexus between the withdrawal made earlier and the....
June 9, 2014 Case Laws Income Tax

Levy of Surcharge and education cess - MAT credit u/s 115JJA - MAT credit should first be reduced from the tax payable and thereafter on the residual amount the......
June 9, 2014 Case Laws Income Tax

Sale of gas has not taken place during the year under consideration the amount of advance cannot be treated as sale and added to the income of the appellant for the current year - AT
June 9, 2014 Case Laws Income Tax

Reassessment u/s 147 - Full and true disclosure – it matters little that the AO did not ask any question or query with respect to one entry or note but had raised......
June 7, 2014 Case Laws Service Tax

Cargo Handling service - clubbing all the activities undertaken by the appellant under ‘Cargo Handling Service’ and levying service tax under the said category cannot......
June 7, 2014 Case Laws Service Tax

CENVAT Credit - it has been specifically provided that the credit would not be available when the services are used for construction of a building or a civil structure.....

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