Day: March 27, 2023
53 articlesIncome Tax
Income Tax
Insurance charges not attributable to export of computer software is not includible in export turnover
Excise Duty
Excise Duty
Limitation period prescribed u/s 11B doesn’t apply to amount paid under mistake of law
Excise Duty
Excise Duty
Unjust enrichment doesn’t apply to refund upon finalization of provisional assessment u/r 9B of CER, 1944
Income Tax
Income Tax
Amount paid by company on behalf of shareholder re-paid back in short period not a deemed dividend
Service Tax
Service Tax
Non-reflection of Cenvat Credit in ST-3 return not a ground to deny refund of unutilized credit
Income Tax
Income Tax
Interest paid on borrowing for carrying out business of investing in shares is allowable expenditure
Custom Duty
Custom Duty
Enhancement of value only on the basis of NIDB data unacceptable
Income Tax
Income Tax
Lower of unabsorbed depreciation and business loss allowed as set off against current book profit
Income Tax
Income Tax
Payment of IUC Charges is not “Fee for Technical Services” or “Royalty”
Income Tax
Income Tax
Arm’s length interest rate computable based on market determined rate applicable to currency in which loan is repayable
Company Law
Company Law
Authorized signatory of cheque, not being drawer, cannot be directed to pay interim compensation
Corporate Law
Corporate Law
Amount duly payable to liquidator as assets proved to be fictitious/ fraudulent
Income Tax
Income Tax
Exercise of revisionary jurisdiction u/s 263 by PCIT for substituting his opinion is untenable
Goods and Services Tax
Goods and Services Tax
