Day: April 17, 2023
79 articlesIncome Tax
Income Tax
Sec. 263 revision to cancel non existing original assessment order is not tenable
Income Tax
Income Tax
Gold wastage during creation of ornaments can’t be treated as ‘making charges’
Income Tax
Income Tax
Sec. 41(1) can’t be invoked for liability against purchase of defective machinery that was never put to use
Income Tax
Income Tax
Time-barred appeal should be allowed if it involves a substantial question of law
Goods and Services Tax
Goods and Services Tax
Confiscation of goods for non-payment of GST by subsequent seller – HC grants interim relief
CA, CS, CMA
CA, CS, CMA
Sample Format for Creditors Confirmations
Income Tax
Income Tax
No section 271B penalty if non-audit was due to Bonafide Belief that Accounts need not be Audited
Custom Duty
Custom Duty
No custom duty benefit on Main PCB, Lightning Protector, DC/AC Cables, Fuse Holders of IFWT
Service Tax
Service Tax
Commission from financial institution towards sale of their loan product is liable to Service Tax
Goods and Services Tax
Goods and Services Tax
HC imposes penalty on commissioner for casual approach & acting non-judiciously
Excise Duty
Excise Duty
No service tax section 78 penalty in revenue neutral situation
Service Tax
Service Tax
No Unjust Enrichment if tax charged initially is reversed subsequently
Custom Duty
Custom Duty
SAD refund allowed even though condition 2(b) of Notification No.102/2007-Cus. not complied
Company Law
Company Law
