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 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

Follow us:

Highlights / Annotations / Catch Notes For June of 2024

Home Highlights June June 2024 Year 2024

Filter:

Showing 201 to 250 of 937 Records

1 2 3 456 7 8 9........ 19

June 24, 2024 Case Laws Central Excise

Court rules against appellant in excise duty refund case. Duty was passed to buyer. Appellant failed to prove otherwise.
June 24, 2024 Case Laws Central Excise

Goods not marketable=not liable for excise duty. Penalties unwarranted.
June 24, 2024 Case Laws Central Excise

CESTAT ruled in favor of 100% EOU on duty demand for furnace oil consumption for electricity generation. No diversion found. Appeal allowed.
June 24, 2024 Case Laws Central Excise

CESTAT ruled in favor of appellant companies, stating they're not related entities as per law. Price based on market value valid, no evidence of overpricing. Time limit barred the case.
June 24, 2024 Case Laws Central Excise

Appellant not asked to prove customers received goods. Revenue didn't check if goods were cleared. Refund claim approved, Revenue appeal dismissed.
June 24, 2024 Case Laws VAT and Sales Tax

Legal Issue: Are power sprayers taxable at 4% under Schedule-IV or not? Court held they're taxable under Schedule-IV.
June 24, 2024 Case Laws VAT and Sales Tax

The court found that the tax officer did not provide a fair hearing, leading to an unjust tax assessment.
June 24, 2024 Case Laws VAT and Sales Tax

State Govt can grant exemption to categories other than registered dealers under CST Act. Judgment supports this view. No refund without proof of unjust enrichment.
June 24, 2024 Case Laws Indian Laws

Accused acquitted in cheque dishonour case as signature not denied. Trial judge's decision upheld, appellate judge's ruling set aside.
June 24, 2024 Case Laws Indian Laws

Court rules dishonored cheque case: Notice clear, plea recorded in accused's words. No trial plea not valid. Petition dismissed.
June 24, 2024 Case Laws Service Tax

Company's appeal dismissed due to missing authorization docs. But, Board Resolution not always needed for private limited companies. Remanded for further review.
June 23, 2024 News GST

GST Council's 53rd meeting: waived penalties for certain tax notices, reduced litigation, eased compliance & ITC, adjusted GST rates on goods/services, and more.
June 22, 2024 Case Laws GST

High Court: Classic Malabar Parota = Chapter 1905 or 2106? Similarity to products in Chapter 19 = exclusion not justified. Stay granted for two months.
June 22, 2024 Case Laws GST

Petition granted! Court orders restoration of GST registration for petitioner-Firm after clearing all dues.
June 22, 2024 Case Laws GST

Court finds excessive tax demand compared to initial notice. Order dated 06.11.2023 canceled.
June 22, 2024 Case Laws GST

Reminder notices were sent, but no reply. Petitioner given chances to provide evidence, yet failed to do so. Writ petition dismissed.
June 22, 2024 Case Laws Income Tax

Unexplained investment discrepancy ruled in favor of assessee by appellate tribunal. No proof of payment, addition not justified.
June 22, 2024 Case Laws Income Tax

Validity of penalty proceedings u/s 270A found flawed; AO didn't specify relevant clauses. Penalty cancelled.
June 22, 2024 Case Laws Income Tax

Claim of bogus capital gain on penny stock shares denied. Dept. relied on investigation report, but no evidence of collusion found. Assessee granted benefit u/s 10(38) by Appellate Tribunal.
June 22, 2024 Case Laws Income Tax

Court rules disallowance under Sec 14A without exempt income not valid. Can't apply new rule retroactively. Prev year's disallowance rejected.
June 22, 2024 Case Laws Income Tax

Tax Tribunal ruled assessment u/s 153A needs incriminating material. No abated assessment found, held in favor of assessee.
June 22, 2024 Case Laws Income Tax

Appellate Tribunal ruled in favor of non-resident company from Singapore regarding TDS on sub contract charges. No TDS deduction required.
June 22, 2024 Case Laws Income Tax

ITAT ruled in favor of assessee for depreciation claim. Also confirmed assessee's charitable status for tax exemption for STPI.
June 22, 2024 Case Laws Income Tax

Tax credit granted for Tega Industries restored for verification. Corporate guarantee with AE = international transaction. Corporate guarantee fee set at 0.5%.
June 22, 2024 Case Laws Income Tax

Final assessment orders for AY 2017-18 & 2018-19 passed beyond time limit. Orders quashed.
June 22, 2024 Case Laws Income Tax

A public trust running a school for disabled kids denied registration. Tribunal orders another chance to prove charitable activities.
June 22, 2024 Case Laws Income Tax

Assessee didn't keep books of account, so penalty u/s 271B is incorrect. Penalty revoked.
June 22, 2024 Case Laws Income Tax

Personal Effect: Car sale loss claimed as capital loss for setoff. Whether car used for personal/business matters. Car is not capital asset if for personal use.
June 22, 2024 Case Laws Income Tax

Non-profit Trust denied permanent registration u/s 12AB. Tribunal rules premature application. Trust can reapply for final registration.
June 22, 2024 Case Laws Income Tax

Additions u/s 69 and 69A, with tax u/s 115BBE: Ex part order challenged due to CIT(A) not considering assessee's grounds. Appeal set aside for fresh hearing.
June 22, 2024 Case Laws Income Tax

Only add difference between genuine & bogus purchases. Loan interest: More evidence accepted. New documents = new review. Fresh unsecured loan: Further review needed due to new lender documents.
June 22, 2024 Case Laws Income Tax

Appeal Tribunal condoned the delay in filing an appeal caused by CA's negligence. Opportunity for justice granted.
June 22, 2024 Case Laws Customs

Appeal delay condoned after 3 days. Petitioner to donate Rs. 25,000 to K.E.M. Hospital. Order quashed, appeal to be heard by August 31.
June 22, 2024 Case Laws Customs

CESTAT ruled on valuation of imported Slack Wax/Residue Wax, rejecting value enhancement without evidence. Commissioner's decision upheld.
June 22, 2024 Case Laws Customs

Appellate Tribunal grants duty exemption for Palladium, Nylon Resin, and Gold plating solution post realignment of tariff headings. Commissioner's denial overturned.
June 22, 2024 Case Laws Companies Law

The Court ruled in favor of appellant in a dispute over transfer of shares. City Civil Court has jurisdiction, not NCLT.
June 22, 2024 Case Laws Insolvency and Bankruptcy

Arbitration proceedings paused due to moratorium not perverse. Debt held as whole. No splitting arbitration. No jurisdiction under Article 226. Dismissed.
June 22, 2024 Case Laws Insolvency and Bankruptcy

NCLAT affirms liquidation order finality for ex-director/shareholder challenging auction sale. Not grounds to re-open proceedings. Appeal dismissed.
June 22, 2024 Case Laws Insolvency and Bankruptcy

Operational Creditor's claim rejected due to lack of proof of debt within limitation period. Initiation of CIRP denied.
June 22, 2024 Case Laws Service Tax

Appellate Tribunal rules in favor of Appellant on service valuation issue. Separate charges for installation and transport/insurance.
June 22, 2024 Case Laws VAT and Sales Tax

The court upheld the penalty u/s 43 of VAT Act. No evasion of tax can escape penalty due to non-production of account books.
June 22, 2024 Case Laws VAT and Sales Tax

Deemed sale case: Deduction allowed for salary, fuel & more. Court held no transfer of right to use goods.
June 21, 2024 Notifications Customs

New rates for converting foreign currencies to Indian Rupees are out! Check out the updated rates.
June 21, 2024 Notifications SEZ

New rules allow sale of certain metal wastes generated from repair in Domestic Tariff Area. Export-import balance required.
June 21, 2024 Circulars SEBI

New SEBI rules for Clearing Corporations: Guidelines for Core SGF & Default Waterfall. Participants must comply with risk-based contributions.
June 21, 2024 Circulars SEBI

New rules to prevent market manipulation! Pre-open trading for IPOs & relisted stocks now more secure & transparent. Stay informed & trade wisely!
June 21, 2024 Circulars SEBI

Introducing a new auction system for fair pricing of listed Investment Companies and Investment Holding Companies.
June 21, 2024 Circulars SEBI

New SEBI rules: PCMs must report major and minor non-compliances in system audits using Annexure 4. Audit reports, including past compliance, to be reviewed by PCM Governing Board and sent to CCs.
June 21, 2024 Case Laws GST

Key points from court decision: Petition for anticipatory bail granted. Specific guidelines in place. Bail is rule, jail is exception.
June 21, 2024 Case Laws GST

High Court considered petitioner's claim of unfair GST registration cancellation. No relief granted due to availability of alternative remedies.

1 2 3 456 7 8 9........ 19

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

A: NON-SUBMISSION OF FORM 15G/15H TO THE COMMISSIONER FOR TDS UNDER SECTI...

A: UNDERSTANDING AMNESTY FOR WAIVER OF INTEREST / PENALTY U/S 128A OF GST...

A: Department cannot pass an order on the dated personal hearing

A: How to register a Company in India: A Step-by-Step Guide for 2024

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

C: Withdrawal of Master Circular on issuance of No Objection Certificate ...

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

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

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

A: Electronic Liability Register

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