Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Composite, continuous and inseparable project - computation of ...


Court Finds No Wrongful Intent in Splitting Composite Turnkey Project into Three Contracts to Avoid Tax in India.

August 22, 2017

Case Laws     Income Tax     AT

Composite, continuous and inseparable project - computation of table income in India - turnkey project - P.E. in India - allegation of avoidance of tax by splitting the alleged composite contract into three different contracts - the intention of the parties to have three different contracts is proved - there is no wrong intention.

View Source

 


 

You may also like:

  1. The turnkey contract entered by the applicant with PGVCL is a works contract as defined u/s 2(119), involving a composite supply for installation, testing, and...

  2. The case involved a dispute over the classification of services provided under turnkey contracts as either Consulting Engineering Services or Works Contract Services....

  3. Turnkey Projects - Composite Contracts - Consulting Engineering Services - the matter was within the knowledge of the department - extended period of limitation not invokable - AT

  4. TDS u/s 194C - nature of composite contract - supply contract or works contract - supply of main plant at Chandrapur TPS extension project - Held as supply contract not...

  5. Works contract Service - Turnkey contract - appellant had considered this turnkey contract as a works contract. Thus, appellant has made out a prima facie case that...

  6. Works Contract Service - Turnkey Contract - What matters is the fact that the contracts were executed by the appellants and payments received by them after 01/06/2007...

  7. Classification of services - composite mining contract - Vivisecting the composite contract and charging service tax on different components of the contract individually...

  8. Works Contract - Split of Turnkey project - intention of parties - it should be possible to determine the value of transfer of property in goods involved in the...

  9. Classification of services - applicability of GST rate - Works Contract - composite supply - receipt of contract for new construction of CBD railway station, platform,...

  10. The AAR ruled on GST implications in an EPC contract between the applicant and IOCL. The contract was determined to be a single, composite works contract rather than a...

  11. Classification of supply - composite supply or not - r works relating to Planning, designing and supervision of construction of various building infrastructure...

  12. Levy of GST - Composite supply - natural bundle of services - turnkey project - upon examination of the specific nature of the supply envisaged under the draft contract...

  13. Manufacture - The assembly of a system from various equipments as a ‘turnkey project’ may be a professional performance of a specialized contract which would not,...

  14. The case involved the interpretation of Article 366 (29A) of the Constitution regarding the transfer of right of use goods. The High Court examined whether contracts for...

  15. Turnkey/ EPC project contracts, enumerated in clause (e), Explanation (ii) in Section 65(105)(zzzza) of the Act is a descriptive and ex abundant cautela drafting...

 

Quick Updates:Latest Updates