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 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

Home

Highlights / Annotations / Catch Notes For July

Home Highlights July

Filter:

Showing 4701 to 4750 of 6408 Records

1 ....91 92 93 949596 97 98 99........ 129

July 1, 2016 Case Laws Indian Laws

Arbitration proceedings - whether the disputed claim is live claim or not - The disputed claims having never been adjudicated, we are of the view that there was a......
July 1, 2016 Case Laws Wealth-tax

Net wealth - if the building under construction is not to be regarded as building then the land on which the construction is started will have to be included in the......
July 1, 2016 Case Laws Customs

Revocation of CHA license - Writ application - Misuse of IEC - allegations of misconduct against the petitioner proved - writ petition dismissed - HC
July 1, 2016 Case Laws Customs

Import of poppy seeds from the supplier of China - permission for import of restricted items - second respondent directed to entertain the application in accordance with....
July 1, 2016 Case Laws VAT and Sales Tax

Valuation - reduction of discount given to customers on the sales finalized at the year end from the next year's turnover - In essence what the assessee did, was to......
July 1, 2016 Case Laws VAT and Sales Tax

Revision of assessment order to deny the exemption - despite the breach of condition, AO granted benefit of exemption. The action was thus clearly erroneous. Under......
July 1, 2016 Case Laws VAT and Sales Tax

Waiver of pre-deposit - appeal was pending before the tribunal - The mere fact that the petitioner paid 25% of the disputed tax would not by itself justify grant of stay. - HC
July 1, 2016 Case Laws Income Tax

In view of the provisions of section 43B, Excise duty/customs duty paid by the assessee in a particular accounting year is allowable as deduction in such year
July 1, 2016 Case Laws Income Tax

Unabsorbed depreciation can be carried forward (for any number of years) and set off against the profits and gains of subsequent years.
July 1, 2016 Case Laws Income Tax

Penalty u/s 271(1)(c) - Even if ld. AO has treated the amount as capital expenditure, certainly assessee will be entitled to claim depreciation but the crux is, it is......
July 1, 2016 Case Laws Income Tax

If the expenditure is incurred for day-to-day business activities of the assessee and not for acquiring some asset it has to be allowed as revenue expenditure. - Mere......
July 1, 2016 Case Laws Income Tax

Entitlement to exemption u/s 10(23C)(iiiab) - educational institute - expenditure on scientific research - in order to claim exemption under section 10(23C)(iiiab) of......
July 1, 2016 Case Laws Income Tax

Estimation of net profits - AO without comparing earlier year results of the assessee applied 6% net profit rate without any basis and therefore, action of learned......
July 1, 2016 Case Laws Income Tax

Rectification of mistake u/s 254(2) - A person cannot say at one time one thing and then turn around to suit his needs. - Application for rectification rejected - AT
July 1, 2016 Case Laws Income Tax

Condonation of delay is an exception and should not be used as an anticipated benefit for government departments. The negligence, inaction and inordinate delay in filing....
July 1, 2016 Case Laws Income Tax

Provisions of section 40A(3) in respect of cash payments made to MSRTC and other Government Organisations towards purchase of scrap materials are not attracted. - AT
July 1, 2016 Case Laws Income Tax

Sale of flat acquired by her in lieu of surrender of tenancy rights - working out the taxable gains the assessee - AO treated the cost if acquisition as NIL - market......
July 1, 2016 Case Laws Income Tax

Transfer pricing issue w.r.t. to payment of trademark fee - there exists a direct nexus between the revenue earned by the assessee and the payment of royalty made to the....
July 1, 2016 Case Laws Income Tax

Transfer pricing adjustment - the onus is on the TPO to show that the method adopted by the assessee for benchmarking the transactions with AEs is not the most appropriate method. - AT
July 1, 2016 Case Laws Income Tax

Addition in respect of foreign buyer’s agency commission which is deducted at source from the invoice amount, by the importer at the time of making the payment - The......
July 31, 2015 Case Laws Service Tax

Penalties under Section 76, 77 & 78 - when the entire amount of service tax alongwith interest and 25% penalty is paid before the issue of Show Cause Notice then there......
July 31, 2015 Case Laws Service Tax

Refund - determination of relevant date - refund claim filed after the Final Order was passed by the Tribunal holding that no tax was liable to be paid - the time limit.....
July 31, 2015 Case Laws Service Tax

Utilization of excess CENVAT Credit - restriction on utilization upto 20% - utilising the credit in excess of the limit would attract only interest liability. The entire....
July 31, 2015 Case Laws Central Excise

Recovery of tax from successor - SCN was issued before death but could not be adjudicated during his lifetime - an individual proprietor has died through natural causes.....
July 31, 2015 Case Laws Central Excise

Whether the activity of mounting of Water Purification and Filteration System (WPFS) on a base frame amounts to manufacture or not - since the end result of the process....
July 31, 2015 Case Laws Central Excise

Close-Up Whitening dental cleaner is not a 'toothpaste' but other form of dental hygiene and, therefore will have to be classified under sub-heading 3306.90 as a consequence - SC
July 31, 2015 Case Laws Central Excise

Job Work - revenue allege that JRE was not an independent job unit but was a dummy created and nurtured with the single motive that cost of manufacture be reduced by......
July 31, 2015 Case Laws VAT and Sales Tax

Review of order - Whether on the facts and circumstances of the case, it was a case fit for revision under Section 40 of the Haryana General Sales Tax Act, 1973 or a......
July 31, 2015 Case Laws VAT and Sales Tax

Demand of interest and penalty - Assessee paid excess Input Tax Credit - assessee is liable to pay interest only on the dues rising on assessment after adjusting the......
July 31, 2015 Case Laws Income Tax

Reopening of assessment - On such a fundamental lapse on the part of the Assessing Officer in disposing of the objections was pointed out to us, we expected the......
July 31, 2015 Case Laws Income Tax

Tax Collection at Source (TCS) u/s 206C - import of timber from abroad - circumstance under s. 44AC was introduced or the consequence of deletion of the said provision w....
July 31, 2015 Case Laws Income Tax

Fringe benefit tax u/s 115WE - FBT - When the assessee admits of a possibility of the air craft having been used for the use of benefit of employee, to plead otherwise......
July 31, 2015 Case Laws Income Tax

Rental income of letting out property simplicitor was chargeable to tax under the head income from house property and not as business income irrespective of the fact......
July 31, 2015 Case Laws Income Tax

Reassessment - assessee did not place his wiliness or desire before the AO after receipt of notice u/s 148 of the Act until completion of reassessment proceedings on......
July 31, 2015 Case Laws Income Tax

Disallowance on account of loss on account of forgery - No remedial measures have been taken to recover loss of ₹ 36 lakhs which is substantial amount. Not even a....
July 31, 2015 Case Laws Income Tax

Due to failure of the assessee’s counsel and due to unavoidable circumstances for non-producing the relevant evidence and non-appearance before the Revenue Authorities,.....
July 31, 2015 Case Laws Income Tax

TDS u/s 194C or u/s 194J - payment for carriage of goods from the customer's trailers up to the vessel in case of export and vice versa in case of import of goods -......
July 31, 2015 Case Laws Income Tax

Acquiring satellite rights of films - whether are in the nature of 'royalty' as defined u/s. 9(1) Explanation (2) of the Income Tax Act thereby requiring deduction of......
July 30, 2015 Case Laws Service Tax

Cenvat Credit - Reversal in case of Job work availing Exemption under Notification No. 8/2005 ST dated 01.03.2005 - Rule 6(1) of the Cenvat Credit Rules, 2004 cannot be....
July 30, 2015 Case Laws Service Tax

Valuation - deduction of value of material used in the retreading of tyres - Notification No. 12/2003-ST dated 20.6.2003 - Merely because no rules are framed for......
July 30, 2015 Case Laws Service Tax

CENVAT Credit - Having held that the legal services were provided to the dealers located outside India, for which the company has paid service consideration as also......
July 30, 2015 Case Laws Service Tax

Manpower Recruitment or Supply Agency service - deputation of staff to subsidiaries/group companies for stipulated work for a limited period cannot be considered as......
July 30, 2015 Case Laws Central Excise

CENVAT Credit - GTA - place of removal - Since the sale had concluded only after the delivery of the goods was made at the address of the buyer, assessee would be......
July 30, 2015 Case Laws Customs

Classification of vessels - Offshore Hunter - the correct classification would be CSTH 89019000 which covers "Other vessels for transport of the goods and other vessels.....
July 30, 2015 Case Laws VAT and Sales Tax

Classification of sale - auction by the forest corporation is an intrastate sale and not inter-state sale - HC refused to issue mandamus to the revenue to accept Form-C.....
July 30, 2015 Case Laws Income Tax

Payment made on account of royalty to State Govt - payment of royalty in excess of 20% - Section 6A(4) of the Oilfield (Exploration and Development Act), 1948 -......
July 30, 2015 Case Laws Income Tax

Disallowance of Prior Period Expenses - if the prior period expenditure is disallowed on the ground that it does not pertain to this year, the assessing officer cannot.....
July 30, 2015 Case Laws Income Tax

Remission of unsecured loans - Assessee was not carrying on the business of obtaining loans and therefore the remission of loan cannot be considered to be a benefit......
July 30, 2015 Case Laws Income Tax

Offerings at the temple received in donation boxes - it is generally not only difficult but also not possible to maintain records - cannot be taxed as Anonymous......
July 30, 2015 Case Laws Income Tax

Re-compute the deduction u/s 10A - The increase in sale price as a result of currency fluctuation impacts the sale price on which the exemption is to be calculated. - AT

1 ....91 92 93 949596 97 98 99........ 129

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...

↑Top