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 Transport agency's bundled services disqualify it... 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 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

Home Highlights June

Filter:

Showing 201 to 250 of 6336 Records

1 2 3 456 7 8 9........ 127

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........ 127

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...