Provisional Assessment - The liability to pay interest on any ...

No Interest Required on Amounts Payable to Central Government After Final Assessment Order in This Case.

February 21, 2015

Case Laws Central Excise HC

Provisional Assessment - The liability to pay interest on any amount payable to Central Government consequent to order for final assessment is not a situation to be found in the present case. - HC

View Source

← Previous Next →

Provisional Assessment - The liability to pay interest on any ...

No Interest Required on Amounts Payable to Central Government After Final Assessment Order in This Case.

February 21, 2015

Case Laws Central Excise HC

You may also like:

Interest income earned on government grants parked in bank accounts for Smart City project implementation was contested. Assessee, established for Smart City Scheme...

Interest in terms of Section 244A - When an order of refund is issued, the same should include interest payable on the amount, which is refunded. If the refund does not...

Interest payable u/s 244A(1) - the matter is remanded to the CIT(A) to consider whether under explanation to Section 140A(1), it is stipulated where the amount paid by...

Refundable amount utilized by the Department hence interest was payable under Section 244(1A) - SC

Non deduction of TDS u/s 194A - Loan amount raised from the State Government and the interest payable to the Government - assessee was unable to show that the payment...

Taxability of Interest earned on the Central Government grant - the interest earned on the Central Government grant is to be included as a part of the grant received...

Section 43B of the Income Tax Act disallows certain deductions for unpaid statutory dues like interest, tax, duty, etc. The key points are: Unpaid interest on loans from...

Interest liability - Provisional assessment - interest is not payable if assessee pays the duty before finalisation - AT

The appellants challenged the order of the Commissioner (Appeals) denying eligible interest on the refunded amount. The court held that interest accrued on the deposited...

Grant of interest on refund amount - Petitioner would be entitled to interest under section 11BB of the Central Excise Act, 1944 on the amounts refunded to it....

Compulsory amalgamation of companies by a Central Government order - It is the Central Government that has to be “satisfied” that its order is in public interest and...

Prosecution u/s 276B and 278B - delay in depositing the TDS amount in the Central Government - The petitioner claims that the notice to deposit the amount was issued on...

Liability of Interest u/s 50 of CGST Act - though the liability of interest is automatic, but the same is required to be adjudicated in the event an assesse disputes the...

ITAT held disallowance of interest on government loans invalid where assessee followed mercantile accounting system. Interest payable on UP Government loans must be...

Requirement of pre-deposit towards compliance with proviso to Section 43 (5) of RERA - liability of Appellant to pay interest is not in praesenti but in future -...

Quick Updates: