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 801 to 850 of 937 Records

1 ....13 14 15 161718 19

June 5, 2024 Case Laws GST

Levy of penalty on transportation of goods - petitioner's right to hearing violated - order set aside for lack of evidence
June 5, 2024 Case Laws Income Tax

Levy of penalty u/s 270A - Immunity granted as under-reporting/misreporting not proven. SCNs vague. Application for immunity valid.
June 5, 2024 Case Laws Income Tax

Seeking direction for processing Revised Return u/s 170-A, petitioner faced hurdles due to PAN transfer delay. Issue resolved swiftly.
June 5, 2024 Case Laws Income Tax

Disallowance of provision for unsettled claims as on March 31st not justified. IBNR Claims Reserve validly made based on regulations.
June 5, 2024 Case Laws Income Tax

Investor wins case on penny stock transactions! Tribunal rules in favor of genuineness of share transactions. Exemptions granted under sec 10(38).
June 5, 2024 Case Laws Income Tax

Revision u/s 263 - PCIT's order not erroneous or prejudicial - AO's decision upheld
June 5, 2024 Case Laws Income Tax

Penalty u/s 270A requires AO to record satisfaction about concealment or inaccurate particulars. Penalties imposed without proper satisfaction are invalid.
June 5, 2024 Case Laws Income Tax

Unexplained cash credit u/s 68: Assessee proved loan repayment via banking channel. Legal precedents support no addition if loan repaid in subsequent year.
June 5, 2024 Case Laws Income Tax

Assessee's capital gain computation corrected u/s 154. Set-off of short-term capital loss against gains allowed. Tax provisions clarified.
June 5, 2024 Case Laws Income Tax

MAM determination for ITeS, TP adjustment on interest, TDS u/s 195 - FTS classification, payments to German entity - judicial opinions considered.
June 5, 2024 Case Laws Income Tax

Taxability of Fees for Technical Services under India-Thailand DTAA clarified. FTS not primary business activity. Article 7 applies.
June 5, 2024 Case Laws Income Tax

TDS u/s 195 - Disallowance u/s 40(a)(i) on 'Royalty' payments to VBSNI overturned by ITAT & Delhi HC. No TDS required.
June 5, 2024 Case Laws Customs

Export of dimensional blocks u/s 11(2) FT(DR) Act, 1992 from unlicensed quarries - penalty upheld. Failure to comply with export regulations.
June 5, 2024 Case Laws Customs

Petitioners must pay assessed duty within 4 weeks & goods to be released within 3 weeks thereafter.
June 5, 2024 Case Laws Customs

Liability to pay Social Welfare Surcharge clarified - Not exempt from SWS. MEIS/SEIS scrips can be used for duty payment.
June 5, 2024 Case Laws Customs

Penalty imposed u/s 112(a) of Customs Act, 1962 without cross-examination violates natural justice. Order set aside, remanded for fresh adjudication.
June 5, 2024 Case Laws Customs

Revocation of Customs Broker License overturned by Tribunal. No violation found in advising client on compliance. Customs Broker not responsible for client's actions.
June 5, 2024 Case Laws Customs

Confiscation & penalty issues under Customs Act - forged licenses - no direct involvement of appellants - penalties not justified after 14 years.
June 5, 2024 Case Laws Customs

Violation of natural justice - No speaking order u/s 17(5) of Customs Act, 1962 - Declared value rejection without reasons - Appeal dismissed
June 5, 2024 Case Laws Customs

Conversion of free Shipping Bills into drawback Shipping Bills u/s 149 clarified for earthquake relief supplies. Adjudicating Authority directed to modify bills.
June 5, 2024 Case Laws Companies Law

Cartelisation and bid-rigging in soil testing tenders by Department of Agriculture, UP found in contravention of Competition Act. Penalty reduced to 3%.
June 5, 2024 Case Laws Insolvency and Bankruptcy

Private sale timeline refusal upheld by NCLAT. Indian Contract Act inapplicable. Doctrine of approbation and reprobation applied. Appeal dismissed.
June 5, 2024 Case Laws Insolvency and Bankruptcy

Plea for RP replacement denied as no authorization for lawyer to meet PG. New RP appointed. Debtor to prepare repayment plan.
June 5, 2024 Case Laws Service Tax

Liability of Municipal Corporation for 'Renting of Immovable Property Services' while discharging sovereign functions - Remanded for fresh consideration.
June 5, 2024 Case Laws Service Tax

CENVAT Credit allowed for insurance & air travel agency services used for business purposes. Tribunal holds services qualify as eligible input services.
June 5, 2024 Case Laws Service Tax

CENVAT Credit for Rent-a-Cab & Insurance services. Rent-a-Cab credit denied, Insurance credit allowed.
June 5, 2024 Case Laws Service Tax

Determination of gross amount for service tax under Composition Scheme - Value of equipments not includible - Penalties not sustainable.
June 5, 2024 Case Laws Service Tax

Timeliness of appeal under Section 85(3A) of Finance Act, 1994 - Condonation of delay for refund claim granted.
June 5, 2024 Case Laws Central Excise

Rebate claim dispute settled: SION norms upheld, recovery order justified. Petition dismissed.
June 5, 2024 Case Laws Central Excise

Differential Central Excise duty demand u/s 11A(4) not sustainable. Extended period of limitation not invokable. Penalty set aside.
June 5, 2024 Case Laws Central Excise

Assessable value determination upheld based on landed cost & processing charges. No suppression of facts found. Appeal allowed in part.
June 5, 2024 Case Laws Central Excise

Valuation of electrical motors for captive use clarified. No suppression of facts found. Time limitation and cum-duty benefit upheld.
June 5, 2024 Case Laws VAT and Sales Tax

Revision dismissed as substantial question of law already answered by Supreme Court. De-oiled items used as animal-food exempt from tax.
June 5, 2024 Case Laws Indian Laws

Professional misconduct u/s Clause (7) of Chartered Accountants Act - Appellate Authority's decision upheld, no violation found.
June 4, 2024 Circulars GST - States

Guidelines for recovery proceedings u/s 168 of Goa GST Act: Recovery can start before 3 months only if justified to ensure interest of revenue.
June 4, 2024 Circulars DGFT

Relaxation in 'Bill of Export' submission for SEZ supplies under Advance Authorisation/DFIA before 01.07.2017.
June 4, 2024 Notifications SEBI

Amendments to SEBI (Foreign Portfolio Investors) Regulations, 2024. New rules on registration fees and timelines for compliance.
June 4, 2024 Case Laws GST

Consultancy services for building works provided to the Government of Gujarat do not qualify as activities under Articles 243G or 243W.
June 4, 2024 Case Laws GST

Retrospective cancellation of GST registration for business closure lacks details; violation of natural justice. Registration cancelled from application date.
June 4, 2024 Case Laws GST

Challenging adjudication order u/s 78 of Finance Act, 1994 & Section 174 of CGST Act, 2017. Court emphasizes fair hearing & time limits.
June 4, 2024 Case Laws GST

Refund claim for unutilized ITC accepted under "Any Other" category on GST portal. Arithmetical error corrected with supplementary applications.
June 4, 2024 Case Laws GST

Petition dismissed due to availability of statutory appeal remedy for transfer of business issue. No jurisdictional error found.
June 4, 2024 Case Laws GST

Petition allowed for refund/recredit of recovered amounts. Respondents failed to explain Section 78 proviso.
June 4, 2024 Case Laws GST

Writ petition entertained despite alternative remedy available. Time limitation for availing transitional input tax credit clarified.
June 4, 2024 Case Laws GST

Tax deduction on work contracts & supplies: Conditions for Additional Tax Reimbursement clarified. Input tax credit benefits considered.
June 4, 2024 Case Laws GST

ITC denied for air conditioning & ventilation system as they become immovable property post installation.
June 4, 2024 Case Laws GST

Classification of various flours under Chapter Heading 21.06 of the CTA, 1975 upheld by appellate authority. Mix Flour classified under Tariff Item 2106 90 99.
June 4, 2024 Case Laws GST

Classification of ZLD treated water under - Not exempt, taxable @ 18% u/s 24 of notification No. 01/2017-CT(R).
June 4, 2024 Case Laws GST

Classification of supply of "EDF Thrusters with Battery Pack for Jet Suit" determined as Electric Ducted Fans under CTH 84145990. Tax rate of 18% under Entry 317B.
June 4, 2024 Case Laws GST

Classification of "BEE-PRIME FEED" as artificial honey under HSN 1702.90 with 18% GST rate.

1 ....13 14 15 161718 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,...