Pricing Login

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

For Sales / Support:
WhatsApp

9911796707

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 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 Importer imports "Ground Colemanite (B2O3 40%)... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For June of 2016

Home Highlights June June 2016 Year 2016

Filter:

Showing 151 to 200 of 485 Records

1 2 345 6 7 8........ 10

June 22, 2016 Case Laws Customs

Levy of penalty for lending of the IEC - Smuggling of prohibited goods from India - export of incense raw materials - Levy of penalty confirmed - AT
June 22, 2016 Case Laws VAT and Sales Tax

Failure to produce declaratory forms C and F - The benefit of concessional rate of tax under CST cannot be taken away on account of an inadvertent lapse on the part of......
June 22, 2016 Case Laws Income Tax

Addition u/s 68 - ITAT is correct in holding that old loans being converted into share application money and since there was no fresh infusion of credit, section 68 of......
June 22, 2016 Case Laws Income Tax

CIT was wrong in directing the examination of taxability of deemed dividend u/s 2(22)(e) of the Act, in the proceedings u/s 153A of the Act while passing order u/s 263......
June 22, 2016 Case Laws Income Tax

Exemption u/s 11 - the activities of the assessee in organizing seminars and conferences, etc. can be seen de hors its main object of general public utility so as to......
June 22, 2016 Case Laws Income Tax

Disallowance of remuneration to Directors - Although no revenue receipts are generated during the year, however, the company is in existence and has started generating......
June 22, 2016 Case Laws Income Tax

Levy of penalty u/s 221(1) - default in payment of tax - assessee has not paid taxes which are payable along with a return of income, however paid within a month even......
June 22, 2016 Case Laws Income Tax

Penalty u/s 271(1)(c) imposed on the legal heir - any sum referred in section 159(1) does not include the penalty proceedings on the legal representative under section......
June 22, 2016 Case Laws Income Tax

Penalty u/s 271(1)(c) - taxability of income from sale of land - AO has accepted the amount offered by the assessee as his income and levied penalty without making any......
June 22, 2016 Case Laws Income Tax

Penalty u/s 271(1)(c) - addition u/s 68 being sale proceeds of shares, as income from undisclosed sources - the issue is debatable and in such a case no penalty was......
June 22, 2016 Case Laws Income Tax

Accrual of income - the income was not booked as per Accounting Standard-9(AS-9) issued by the ICAI - since the tax rates applicable to the company both in assessment......
June 22, 2016 Case Laws Income Tax

Exemption u/s 54F - assessee purchased a residential plot and constructed a house in the name of his unmarried daughter who was dependent and before due date of filing......
June 22, 2016 Case Laws Income Tax

Disallowances of the provision of entry tax liability under section 43B - Given that there is no claim of provision of entry tax in the profit/loss account and, hence,......
June 22, 2016 Case Laws Income Tax

Revision u/s 263 - violation of the provisions of section 40A(3) - CIT is not justified in invoking jurisdiction u/s 263 on the strength of an audit note - AT
June 21, 2016 Notifications Income Tax

Income–tax (15th Amendment) Rules, 2016 - Amendments in Due diligence requirement - Notification
June 21, 2016 Circulars Income Tax

Threshold Limit of tax audit under section 44AB and section 44AD – clarification - Circular
June 21, 2016 Case Laws Service Tax

Claim of refund of service tax amount which was not required to be paid by appellant as per law - Unjust enrichment - claim of expenditure in the profit and loss account....
June 21, 2016 Case Laws Service Tax

Demand of service tax - extended period of limitation - malafide intention - reverse charge - assessee admittedly is a Public Sector Undertaking and cannot be attributed....
June 21, 2016 Case Laws Service Tax

Waiver of penalty or benefit of reduced penalty @25% - Appellant has shown reasonable cause for non payment of service tax and considering facts that the appellant has......
June 21, 2016 Case Laws Service Tax

Tour Operator Service - The appellant's contention is that he is not a tour operator. He is not involved in the business of planning, scheduling, organising or arranging....
June 21, 2016 Case Laws Central Excise

Refund of Education Cess and Secondary and Higher Secondary Education Cess inadvertently paid on cesses - machinery provisions under the Central Excise Act, 1944 would......
June 21, 2016 Case Laws Central Excise

Levy of excise duty - manufacture - whether food cooked and served in Hotels and Restaurants are excisable - SSI exemption - Writ Petition is not maintainable - HC
June 21, 2016 Case Laws Central Excise

Cenvat Credit - input services - Management Consultancy Services - nexus with manufacturing activity established - credit allowed - HC
June 21, 2016 Case Laws Central Excise

Valuation - petroleum products - amount of freight collected is less than the actual expenditure. - any amount of freight which is collected in excess of actual freight.....
June 21, 2016 Case Laws Central Excise

Cenvat credit of the duty paid on cement as capital goods - cement used for installation and erection or plant and machinery - appellants are eligible for credit of......
June 21, 2016 Case Laws Central Excise

Cenvat credit claimed on the transport service availed to bring the workers to their factory site - When the nexus and integral connection of input with the manufacture.....
June 21, 2016 Case Laws Central Excise

Fraudulent availment of Cenvat Credit without receipt of raw material in the factory - as per department the appellants though imported goods vide Bill Entry, diverted......
June 21, 2016 Case Laws Central Excise

Manufacture - entitle for cenvat credit - process of cutting/ slitting of cold rolled or hot rolled stainless steel coils/ plates of various length, width and thickness.....
June 21, 2016 Case Laws Customs

Import of multifunctional devices (MFDs) from Canada - second-hand machines - 40 machines are treated as hazardous waste - the MFDs, should have been functional/capable.....
June 21, 2016 Case Laws Customs

Suspension of the CHA licence - Period of limitation - unfortunately, the proceedings was so delayed and revocation of licence was made - Such inordinate delay is good......
June 21, 2016 Case Laws Customs

Seizure of import of heavy melting steel scrap - goods were initially detained on the ground that hazardous items were being smuggled in the guise of heavy melting scrap....
June 21, 2016 Case Laws Customs

Renewal of Customs Brokers License was denied since the penalty was imposed on the Managing Director of the company - The regulations do not prescribe any qualification.....
June 21, 2016 Case Laws VAT and Sales Tax

Works Contracts - benefit of compounding of tax - suppressed contract receipt - no compounding application was ever filed - Department was justified in acting......
June 21, 2016 Case Laws VAT and Sales Tax

Validity of revision assessment - input tax credit - the respondent has passed the impugned order giving reasons which were not the basis on which show cause notice was.....
June 21, 2016 Case Laws Income Tax

Genuineness of payment - diversion of income - There is not a word in the sale deed why the majority of the sale consideration was diverted to M/s. Pushpadanta......
June 21, 2016 Case Laws Income Tax

Reopening of assessment - The source of expenditure in question was very much available since in the reasons recorded itself, the Assessing Officer points out that the......
June 21, 2016 Case Laws Income Tax

Penalty under Section 271C - non deduction of tds u/s 194A - assessee had not established a reasonable cause, as contemplated in Section 273B to resist an order of......
June 21, 2016 Case Laws Income Tax

Deemed dividend addition u/s 2(22)(e) - loan advances given - the transaction made between the assessee and the company are business transactions and is not covered U/s 2(22)(e) - AT
June 21, 2016 Case Laws Income Tax

Addition u/s 40A(3) - payment made in cash - land deals/negotiations are done with the farmers - the need for cash payments on Sundays/after banking hours and test of......
June 21, 2016 Case Laws Income Tax

Addition on account of unexplained gift - the amount of gift claimed to be received by the assessee from his mother is not satisfactorily explained by the assessee.......
June 21, 2016 Case Laws Income Tax

Income derived from mere letting out of property - receipt of facility charges for providing specific services like house-keeping, security, etc - it is quite evident......
June 21, 2016 Case Laws Income Tax

Levy of penalty by the AO u/s 271(1) (c) - claim of deduction for expenditure incurred in respect of seconded employees - CIT (A) has misconstrued the facts of the case.....
June 21, 2016 Case Laws Income Tax

Appeal filed by the assessee before the learned Commissioner (Appeals) against the order passed under section 195(2) in the case of ONGC is not maintainable - AT
June 20, 2016 News Indian Laws

Major impetus to job creation and infrastructure: Radical changes in FDI policy regime; Most sectors on automatic route for FDI
June 20, 2016 Case Laws VAT and Sales Tax

Refund - process of pre-audit before granting refund to the petitioners - directions to pass the order in a particular manner came to be issued by an authority who was a....
June 20, 2016 Case Laws Indian Laws

Offence u/s 138 - Cheque bounce - Vicarious liability in case of a company - No doubt the law makes the principal liable for the acts of his agent, but unless there is......
June 20, 2016 Case Laws Service Tax

Extended period of limitation - demand of service tax - invocation of Section 80 ibid cannot necessary imply that there was no suppression or wilful mis-statement. Once.....
June 20, 2016 Case Laws Service Tax

Valuation - inclusion of reimbursement of expenses for providing clearing and forwarding service - Demand of service tax confirmed - levy of penalty waived - AT
June 20, 2016 Case Laws Service Tax

Refund - Cenvat Credit - Export of services - nexus of input service with the output services - services were used for fixing doors etc. which is nothing but renovation,....
June 20, 2016 Case Laws Service Tax

Rejection of declaration under VCES, 2013 - whether an appeal under Section 86 of the Finance Act, 1994 against the order of rejection of declaration under VCES, 2013......

1 2 345 6 7 8........ 10

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...