Month: August 2015
516 articlesIncome Tax
Income Tax
Expenses related with improvement in operations of existing business product line is revenue expense
Income Tax
Income Tax
Only operational income related with main business activity of assessee will qualify for deduction u/s 80HHC
Income Tax
Income Tax
MAT credit should be adjusted in priority to other credit of taxes like TDS, advance tax or other taxes
Excise Duty
Excise Duty
Erroneous payment of duty on exempted goods would not render the goods dutiable
Excise Duty
Excise Duty
CENVAT credit on capital goods used in the construction/erection of plant is allowed
Excise Duty
Excise Duty
‘Close up’ should be classified as dental cleaner, not toothpaste–SC
Excise Duty
Excise Duty
CENVAT credit of outdoor catering & outward transportation upto place of removal allowed
Custom Duty
Custom Duty
Endorsement on bill of entry amount to raising demand under customs law and not mere a provisional assessment
Excise Duty
Excise Duty
Proceedings under Central Excise Act get abated on the death of assessee
Custom Duty
Custom Duty
Exemption Notification cannot discriminate between persons paying duty under different methods permissible under law
Excise Duty
Excise Duty
Job work – Valuation under Excise
CA, CS, CMA
CA, CS, CMA
Why PRACTICE over Employment
Income Tax
Income Tax
Intention of letting out property is to be seen for section 23(1)(c)
Income Tax
Income Tax
