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 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 Customs duty dispute: Imported goods classified as... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Bank penalized for delayed reporting of high-value... 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 Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For 2016

Home Highlights Year 2016

Filter:

Showing 1251 to 1300 of 5838 Records

1 ....22 23 24 252627 28 29 30........ 117

September 23, 2016 Case Laws Income Tax

The interest free loan was given to another trust and the common trustee have no substantial interest in any of the trust. Therefore in the absence of any direct or......
September 23, 2016 Case Laws Income Tax

The embezzled cash by an employee of the assessee in the course of business activity has to be allowed as business loss. - AT
September 23, 2016 Case Laws Income Tax

The interest received prior to commencement of commercial operations of the specified mega road projects will be in the nature of capital receipt and will be required to....
September 23, 2016 Case Laws Income Tax

The assessee has laid new floor on the leased asset of the company, for which it has purchased tiles for this purpose and by claiming the same as revenue expenditure -......
September 23, 2016 Case Laws Income Tax

When the salary paid to the Director is still less than the salary paid to the other Directors during the year under consideration then the provisions of Section 40A(2).....
September 23, 2016 Case Laws Income Tax

Penalty u/s 271(1)(c) - Claim of depreciation on financed leased assets - AO while disallowing the claim of depreciation has not considered the exclusion of the......
September 22, 2016 Circulars Income Tax

Order under section 119 of the Income-tax Act, 1961 - Income Declaration Scheme, 2016 - Order-Instruction
September 22, 2016 Circulars DGFT

Refund of Terminal Excise Duty (TED) under Deemed Exports where Duty has been paid from CENVAT Credit and ab-initio waiver is not available. - Trade Notice
September 22, 2016 Case Laws Service Tax

Cenvat credit - distribution of credit - The proper assessee against whom such proceedings, if at all, ought to have been initiated against is the input service distributor. - AT
September 22, 2016 Case Laws Central Excise

The onus to prove clandestine removal is admittedly on the Revenue and is required to be discharged with production of sufficient evidence, which at least may lead to......
September 22, 2016 Case Laws Central Excise

Manufacture - marketability - fabrication of gates and gate parts for irrigation project using M.S. Sheets, Plates, Angles etc. - items were made as per specifications......
September 22, 2016 Case Laws Central Excise

Whether the process of fitting electric motors to imported sewing machines amounts to manufacture within the meaning of 2 (f) of the Central Excise Act 1944 read with......
September 22, 2016 Case Laws Central Excise

Job-work - valuation - activity of building body at their factory on the duty paid motor vehicles' chassis supplied to them - the value of the goods supplied by the......
September 22, 2016 Case Laws Central Excise

Encyclopedia and dictionaries will fall in the Tariff heading No. 49.01 for the purpose of exemption under the notification No. 21/2002-Cus - demand set aside. - AT
September 22, 2016 Case Laws Central Excise

Valuation - manufacture of Footwears falling under Tariff sub-heading No. 64041910 of CETA, 1985 - at for the period covered under the said show cause notices impugned......
September 22, 2016 Case Laws Customs

Valuation under section 14 of Customs Act, 1962 - inclusion of royalty payable to overseas entity in the assessable value - royalty is hinged upon post-importation......
September 22, 2016 Case Laws Customs

Enhancement of assessable value of export - The variations in Fe content were very minor, within tolerance limits, did not impinge upon the declared values since the......
September 22, 2016 Case Laws Customs

Imposition of redemption fine - provisional release of goods - The applicants wish to enjoy the benefit without fulfilling their obligation of paying redemption fine.......
September 22, 2016 Case Laws Income Tax

Eligibility for registration u/s 12AA - “Charitable purpose - objects of trust - while granting registration, it would be open to the Registering Authority to grant the.....
September 22, 2016 Case Laws Income Tax

Unexplained cash credits - addition u/s 68 - The extra-ordinary circumstance forming primary reason of cash payment is that there were some DRT proceedings wherein the......
September 22, 2016 Case Laws Income Tax

Disallowance of loss claimed - sale of shares - It is quite difficult for the assessee to comment on the nature of the evidence collected from the NSE, because according....
September 22, 2016 Case Laws Income Tax

TDS u/s 192 - Since consultant doctors were paid fixed remuneration and the working conditions are under supervision and control of the hospital authorities, in our......
September 22, 2016 Case Laws Income Tax

MAT computation - The disallowance made u/s 14A of the Act read with Rule 8D is only artificial disallowance and obviously the same is not debited in the profit and loss....
September 22, 2016 Case Laws Income Tax

Addition u/s 68 - advance received from 469 parties by the assessee - the monies received by the assessee are only trade advances and the same has been proved by the......
September 22, 2016 Case Laws Income Tax

When the assessee had determined the realizable value of stock, the difference, has to be written off from the books. For the purpose of section 115JB, the book profit......
September 22, 2016 Case Laws Income Tax

Penalty 271AAA(2) - disclosure of undisclosed income - money found during search u/s 132 - assessee has fulfilled the requirement of sub-section (2) of section 271AAA - no penalty - AT
September 22, 2016 Case Laws Income Tax

Registration u/s 12A denied - religious trust - Even if the objects are mixed in the sense, there are charitable and religious objects, still the trust is entitled for registration - AT
September 22, 2016 News GST

Frequently Asked Questions (FAQ) on GST - as released by CBEC as on 21.09.2016
September 21, 2016 Circulars Central Excise

Service Tax Certificate for Transportation of goods by Rail (STTG Certificate) will be eligible duty paying document for availing cenvat credit - Circular
September 21, 2016 Case Laws Service Tax

Period of limitation - filing an appeal before the Commissioner (appeals) - condonation of delay - in the absence of any material considered the date from which the......
September 21, 2016 Case Laws Service Tax

VCES - rejection of VCES application - correct rate of service tax - petitioner had calculated and deposited tax @ 10.3% whereas the tax had to be calculated @ 12.36% as....
September 21, 2016 Case Laws Service Tax

Cenvat credit - Service Tax paid on various services viz., Catering service, Commissioning services, House Keeping, Documentation Service and Conducting written test for....
September 21, 2016 Case Laws Service Tax

Whether the excess service tax paid by them in the previous period can be adjusted in the subsequent period, for neutralizing the subsequent tax liabilities - Self......
September 21, 2016 Case Laws Service Tax

VCES declaration - the designated authority has in the group companies’ case on the very same issue accepted the VCES declaration while in the appellants’ case herein,......
September 21, 2016 Case Laws Central Excise

Clandestine removal of goods - that there is nothing on record to show that cash seized from the residential premises of the General Manager of the company represent......
September 21, 2016 Case Laws Central Excise

Cenvat credit - Whether, after putting the capital goods into use for a period of around 10 years, the assessee is required to reverse the cenvat credit originally taken....
September 21, 2016 Case Laws Central Excise

Classification - Operation theater lights - these specialized lamps have shadowless operation, heat defusing capacity and also colour correction capabilities - to be......
September 21, 2016 Case Laws Central Excise

Duty liability - import of cut size aluminium sheets and are subjecting the same to process like slitting, cutting, routing etc. to convert them into alucobond panels......
September 21, 2016 Case Laws Central Excise

SSI exemption - Refund claim - Central excise duty paid by mistake by including non ISI submersible pumps i.e. non BIS pumps in the overall turnover - refund allowed - AT
September 21, 2016 Case Laws Central Excise

Once it is clear that the supplies made by the appellant are in the nature of deemed exports, they would be entitled to the benefit of entitlement to the cash refund of.....
September 21, 2016 Case Laws Central Excise

Valuation - the addition of collection charges, weighment difference and rate difference are very much in the nature of additional consideration and hence required to be....
September 21, 2016 Case Laws Customs

Since assessment has not been modified in accordance with procedure prescribed in statute, therefore, in the garb of refund, officer concerned cannot take a different......
September 21, 2016 Case Laws Customs

Valuation - royalty/ value of designs, drawings etc. - Only a portion of the lump sum amount attributable to the design cost of product manufactured abroad - only......
September 21, 2016 Case Laws VAT and Sales Tax

One of the important component on taxation being missing namely taxable turnover in the case of dealers opting for payment of tax on lump sum basis, levy of additional......
September 21, 2016 Case Laws Income Tax

No details of the seminars conducted abroad are brought on record as also spouses of the Doctors also travelled overseas along with Doctors and the expenses of the......
September 21, 2016 Case Laws Income Tax

Exemption claim was wrongly denied by invoking section 2(15) proviso of the act, since it neither carries out any activity in the nature of trade, commerce business nor.....
September 21, 2016 Case Laws Income Tax

Whereas the expenditure of a capital nature incurred on the renovation etc. of a building, which is not owned by the assessee but in respect of which the assessee holds.....
September 21, 2016 Case Laws Income Tax

Deduction u/s 10A computation - whether loss from non-eligible unit can be set off against the profit of eligible unit or whether only profit of eligible unit is to be......
September 21, 2016 Case Laws Income Tax

Levy of penalty u/s 271(1)(c) - deduction u/s 80IB - One’s own mistake or delay can’t be used to advance one’s cause. In law, nobody can claim the benefit of delays or......
September 21, 2016 Case Laws Income Tax

Addition on cessation of liability - Amount of advance received for sale of property - the amount of advance received should be reduced from the cost of acquisition of asset. - AT

1 ....22 23 24 252627 28 29 30........ 117

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

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: Stock damaged in recent floods

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...

N: Inland Container Depots for loading and unloading of goods - Seeks to ...

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 ...