Month: August 2015
516 articlesIncome Tax
Income Tax
Penalty u/s 271(1)(C) not leviable if substantial question of law exists
Income Tax
Income Tax
Additions made of amount surrendered after adjusting expenditure was justified
Income Tax
Income Tax
Only Investments in respect of which income is exempt to be considered in working of disallowance U/s. 14A
Service Tax
Service Tax
No Service Tax on the Amount received as Wharfage Charges- SC
Excise Duty
Excise Duty
Intention of Legislature and Purposive Construction should be Considered while interpreting a Notification- SC
Excise Duty
Excise Duty
Test of marketability satisfies on being shown that product is capable of being sold and actual sale is irrelevant- SC
Excise Duty
Excise Duty
Exemption notification to be strictly interpreted so as to leave no room for any extended meaning – SC
Income Tax
Income Tax
Mere use of technical knowledge to provide services does not per se amount to transfer of technical knowledge
Excise Duty
Excise Duty
CENVAT credit eligible even if expenses are reimbursed by Parent company
Income Tax
Income Tax
Assessment framed in the name of non existing entity due to amalgamation cannot be cured by Sec. 292B provisions
Excise Duty
Excise Duty
Valuation rules should not be invoked, if the transaction is done on arm’s length price even in case of related parties – SC
Custom Duty
Custom Duty
Risograph is a Printing Machine and will be classified accordingly – SC
Excise Duty
Excise Duty
Recovery order passed without issue of show cause notice is illegal- SC
CA, CS, CMA
CA, CS, CMA
