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 Non-resident Singapore firm's software licensing... TaxTMI EOUs face automated Import Rules from 17.09.2024 -... TaxTMI Steel Extending validity of customs valuation rules... TaxTMI Relaxations for employee benefit trusts, aligned... TaxTMI New SEBI circular relaxes rules for REITs, enables... TaxTMI Phased rollout of quality standards for low-voltage... TaxTMI Virtual Hearings Mandatory: CBIC Reinstates Video... TaxTMI Apex Court upholds validity of extension of GST... TaxTMI Builders wrongly claimed before Appellate Tribunal... TaxTMI Deductions, expense allocation & miscellaneous... TaxTMI Foreign airline's code-sharing income from India... TaxTMI Reopening of assessment after 4 years and addition... TaxTMI Trade officials wrongly denied export benefits due... TaxTMI License Revoked Without Proper Notice 's license... TaxTMI Settling shareholder feud, ensuring company... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Highlights / Annotations / Catch Notes For June of 2015

Home Highlights June June 2015 Year 2015

Filter:

Showing 1 to 50 of 420 Records

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

June 30, 2015 News VAT and Sales Tax

Quarterly Return prescribed for the persons engaged in providing facility of electronic shopping (commonly known as e-commerce) through their web-portals, with immediate....
June 30, 2015 Case Laws Service Tax

Valuation - inclusion of reimbursement of expenses - Since the provisions on which reliance was placed to confirm the service tax liability have been struck down, demand set aside - AT
June 30, 2015 Case Laws Service Tax

Disallowance of CENVAT Credit - the centralized registration was granted subsequently - The department has not disputed that the input services were received at the......
June 30, 2015 Case Laws Service Tax

Refund / Rebate claim of tax - Export of services or not - activity of procurement of orders from buyers in India for suppliers of goods situated abroad - whether......
June 30, 2015 Case Laws Central Excise

Import of the goods duty-free for use thereof in EOU - The duty forgone at the time of import became loss to Revenue. - appellant has discharged duty liability at normal....
June 30, 2015 Case Laws Central Excise

Manufacturing activity or not - installation and erection or heavy storage racks at the premises of its clients - Immovable goods - Not liable to duty of excise - AT
June 30, 2015 Case Laws Customs

Import of memory cards - The goods were seized on the belief that they were smuggled into India and the quantity and value of the goods was mis-declared - In the......
June 30, 2015 Case Laws Income Tax

Treatment to acquiring technical know - revenue v/s capital expenditure - expenditure incurred for grant of License which accords ‘access’ to technical knowledge, as......
June 30, 2015 Case Laws Income Tax

Depreciation on data base - CIT(A) ought to have allowed the depreciation on the entire payment of ₹ 12 crores towards Acquired Business Database - AT
June 30, 2015 Case Laws Income Tax

Treatment to the losses on sale of share as "capital loss" - Assessee has in its books treated the shares as investment and accordingly valued the shares at cost and......
June 30, 2015 Case Laws Income Tax

Additional depreciation - carrying out piling works - construction related activity - it is not the case of the assessee that it is producing the prefabricated piles and....
June 30, 2015 Case Laws Income Tax

TDS u/s 194A - Excess payment refund debited in the Profit & Loss Account under the head 'indirect expenses' - Whether should be treated as interest on the customers'......
June 30, 2015 Case Laws Income Tax

Disallowance of breakage loss - Merely because the assessee has not claimed such breakage loss in the preceding assessment year, the same in our opinion cannot be a......
June 30, 2015 Case Laws Income Tax

Non deduction of TDS on payments made on account of settlement on withdrawal accumulated balance by the Provident Fund Organization - Keeping in view the interest of......
June 30, 2015 Case Laws Income Tax

Revision u/s 263 - CIT himself accepted that gains on sale of Medchal land has to be assessed under the head "Long term capital gains". The gain is taxable at the rate......
June 29, 2015 Case Laws Service Tax

Denial of CENVAT Credit - Invoice in the name of head office or units - When the Service Tax Registration is common and both the units are located adjacent to each......
June 29, 2015 Case Laws Service Tax

Waiver of pre-deposit - Outdoor catering services - Service tax not paid on catering services in respect of the Mail/Express trains - this issue still remains debatable.....
June 29, 2015 Case Laws Service Tax

The total activities undertaken cannot be categorized under the Site Formation service. The nature of work is more akin to a comprehensive works contract. - demand set aside - AT
June 29, 2015 Case Laws Central Excise

CENVAT Credit - certain input services were availed for the purpose of setting up of business in Uttrakhand. But, for no feasibility of the unit there, that could not......
June 29, 2015 Case Laws Central Excise

Benefit of CENVAT credit - Outdoor Catering Service - Cenvat Credit on Outdoor Catering Service is not admissible to respondent on the part of service tax borne by the worker - AT
June 29, 2015 Case Laws Central Excise

CENVAT Credit - duty paying documents - debit note containing all the details as required under the rule 9(2) of Cenvat Credit Rules, 2004 is valid documents for the......
June 29, 2015 Case Laws Central Excise

CENVAT Credit - duty paid on Air-conditioner and furniture - According to the definition of 'input' as it existed during the relevant period, inputs used in the factory.....
June 29, 2015 Case Laws Customs

Clandestine removal - Warehoused goods - in case of clandestine removal it is not always possible to establish exact date of clearance of goods but if the period during.....
June 29, 2015 Case Laws Income Tax

Deferred revenue expenditure - An assessee can adopt the two ways of giving different accounting treatment to an expenditure in its books and claim the entire sum as......
June 29, 2015 Case Laws Income Tax

Service of notice u/s 148 by affixture - We fail to understand when the house was vacant in the month of January, 2008 how same person was residing at the same address......
June 29, 2015 Case Laws Income Tax

Bogus purchase expenses - CIT(A) granted relief for the assessee by passing a slip short and cryptic order by making only short deliberations on the issue of purchase......
June 29, 2015 Case Laws Income Tax

Period of holding for determining whether the assessee has derived long-term capital gain or short-term capital gain - Giving possession of the movable property / shares....
June 29, 2015 Case Laws Income Tax

Computation of long term capital gains - HUF has ever shown the capital asset in question in its books or admitted impugned long term capital gains in its case. -......
June 29, 2015 Case Laws Income Tax

Estimation of income - sale outside the books was of the raw material and not of the electrical transformers. - the applicability of GP rate of 10% on the sale of raw......
June 29, 2015 Case Laws Income Tax

Cessation of liability in respect to trade creditors - This is one of the strange cases where even if the debt itself is found to be non-genuine from the very inception,....
June 29, 2015 Case Laws Income Tax

Disallowance of repairs and maintenance expenses - revenue v/s capital expenditure - It is evident that there is an apparent contradiction between the stand taken by the....
June 29, 2015 Case Laws Income Tax

Applicability of TDS provisions in respect of the advances held as deemed dividends by the AO u/s 2(22)(e) - Section 194 does not require TDS when payment is made to a......
June 29, 2015 Case Laws Income Tax

Addition on gifts received u/s 69 from mother-in-law and from father on the ground that there was no drawing during the five days prior to the date of gift and mere cash....
June 29, 2015 Case Laws Income Tax

Disallowance of retention money retained from sub-brokerage - Accrual of expenditure - tax authorities are not justified in holding that the liability to the extent of.....
June 29, 2015 Case Laws Income Tax

Revision u/s 263 - All facts were not examined by the Assessing Officer while completing the assessment in order to work out the excess production and sales out of the.....
June 27, 2015 Case Laws Service Tax

Rejection of refund claim - Claim for refund of service tax of renting of immovable properties taken on sub-lease - there is no requirement of a precise or a one-to-one....
June 27, 2015 Case Laws Service Tax

GTA services - export of goods - Notification 14/07-ST - export invoice details could not be mentioned in respective lorry receipts. However, they are in a position to......
June 27, 2015 Case Laws Service Tax

Construction of city - Services rendered for providing preferential location, "club or association service", "renting of immovable property service" and "short term......
June 27, 2015 Case Laws Service Tax

Levy of penalty - appellant realizing its liability, on being so pointed out by the Revenue, have deposited the admitted tax along with interest - appellant is......
June 27, 2015 Case Laws Central Excise

Remission of duty - Destruction due to fire - it is well settled that nobody intentionally invites such accidents and they happen on account of various natural causes -.....
June 27, 2015 Case Laws Central Excise

Exemption to goods required for petroleum operations of ONGC - Benefit of Notification No. 6/06-CE - production of a prescribed certificate for Directorate General of......
June 27, 2015 Case Laws Customs

Levy of anti dumping duty - the appellants intended to import complete CFL and they deliberately played a subterfuge to split the consignments and importing them under.....
June 27, 2015 Case Laws Customs

Rectification of mistake - We are not impressed by the attitude of one Member finding fault with the other while dealing with the contentions of the parties and......
June 27, 2015 Case Laws Companies Law

Application for winding up - Default in repayment of debt - respondent has admitted its liability to pay the bills - the mere pendency of arbitration proceedings does......
June 27, 2015 Case Laws Income Tax

Penalty u/s 271(1)(c) - assessee withdrew its claim of deduction us/ 80IB of the Act before initiation of assessment proceedings - we disagree with the conclusion of......
June 27, 2015 Case Laws Income Tax

Estimation of income - rejection of books of accounts - income earned by the assessee by indulging in providing accommodation entries of purchase and sale of goods -......
June 27, 2015 Case Laws Income Tax

Computation of capital gains - co-owners - Registered sale deed to be a more authentic document evidencing the details of the property transferred with the relevant......
June 27, 2015 Case Laws Income Tax

Deemed dividend u/s.2(22)(e) - The shareholder against whom the direction has been issued for addition is not before us in appeal. If the shareholder feels that the......
June 27, 2015 Case Laws Income Tax

Addition made on account of undervaluation of closing stock - cost of job work charges have not been included - thus the closing stock of the assessee company is suppressed - AT
June 27, 2015 Case Laws Income Tax

Exemption from payment of income tax on interest earned - the concept of mutuality shall not be extended to the interest incomes earned by a mutual association or a society. - AT

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

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

C: Mandatory additional qualifiers in import declarations in respect of c...

C: Implementation of automation in the Customs (Import of Goods at Conces...

C: Clarifications on the applicability of concessional duty under IGCR Ru...

N: Specifying Forms prescribed in Appendix-II of the Income Tax Rules 196...

N: Securities and Exchange Board of India (Bankers to an Issue) (Amendmen...

N: Securities and Exchange Board of India (Buy-Back of Securities) (Secon...

H: Excess Input Tax Credit penalty appeal dismissed due to delay; court a...

H: Chit Funds Commission Not Subject to GST: High Court Quashes Notice.

H: Taxability of Additional Surcharge by Electricity Distribution Company...

H: Transport agency's bundled services disqualify it from GST exemption f...

H: Compensation for surrendering intellectual property rights treated as ...

H: Cooperative society eligible for tax deduction on interest from cooper...

H: Taxman overreached by turning limited scrutiny into wide-ranging probe...

H: TDS credit limited to income in return, excess related to past years' ...

H: Genuine anonymous donations not taxable. Grants not income if utilized...

H: Property investment source verification not valid grounds for reopenin...

H: Income Tax Assessment Notice Issued by Non-Jurisdictional Officer Quas...

H: Foreign tech firm wins case: No permanent establishment or royalty tax...

H: Simplified taxation for non-resident shipping biz: 7.5% presumptive in...

H: Freight charges paid to foreign shipping co. not taxable royalty or ch...

H: Software License & ICT Service Fees Taxability Re-examined - Royalty o...

F: INTERMEDIARY SERVICES OR EXPORT SERVICES

F: assessment order

F: Transfer of ITC without filing ITC-02

N: Exemption from specified income U/s 10(46) of IT Act 1961 – ‘National ...

A: Electronic Liability Register

A: From Inception to Exit- A Complete Guide to LLP Registration, Closure,...

A: Appeal filed beyond condonable period after writ proceedings disposal ...

A: Common Mistakes to Avoid While Making Income Tax Payments

F: PRE-DEPSOIT ISSUES

↑Top