Day: November 17, 2015
16 articlesService Tax
Service Tax
SCN cannot be issued to debtors until tax liability crystallise – HC
Excise Duty
Excise Duty
Processes carried on imported gensets resulting into creation of functional and more operational product Power Pack would constitute manufacture
Income Tax
Income Tax
Notice u/s 153C invalid if no satisfaction been recorded by Assessing Officer
Income Tax
Income Tax
Mutual Transactions can’t come under section 2(22)(e)
Income Tax
Income Tax
Without any supporting material A.O. cannot substitute market value
Income Tax
Income Tax
Principal of Consistency should be followed on principal laid down in case of Assessee’s Sister Concern
Income Tax
Income Tax
Penalty Proceedings can’t be initiated without any corroborative evidence
Income Tax
Income Tax
No set-off of business losses of non 10A units while computing deduction u/s 10A
Income Tax
Income Tax
Reopening u/s 263 justified in case AO ignored the fact that assessee shown business income while he cease to be in business by letting out his entire factory premises
Income Tax
Income Tax
Depreciation is allowed while calculating exemption u/s 11 in absence of any specific exclusion
Goods and Services Tax
Goods and Services Tax
Mere bonafide mistake in calculating reversal of ITC does not attract penalty-Punjab VAT Tribunal
Service Tax
Service Tax
Effective rate of Service tax from 15th November, 2015 is 14.50%
Service Tax
Service Tax
Impact of imposition of Swachh Bharat Cess: Part 2
Goods and Services Tax
Goods and Services Tax
