Month: May 2023
1,431 articlesExcise Duty

Excise Duty
Zymegold Plus and Dripzyme are classifiable under CTH 3101 as fertilizer
Income Tax

Income Tax
Disallowance of expense u/s 14A unsustainable as investment in shares were stock-in-trade
Income Tax

Income Tax
Invocation of revisionary proceedings u/s 263 merely because of non-agreeing to the view of AO is unjustified
Custom Duty

Custom Duty
CHA cannot be expected to detect fraudulent exporter as bank officials despite verification failed to detect it
Income Tax

Income Tax
Disallowance u/s. 14A of Income Tax Act cannot exceed exempt income
Income Tax

Income Tax
Global operation fees not taxable as FTS under India-UK DTAA
Custom Duty

Custom Duty
Reg. Release of Imported Consignments under E-Waste (Management) Rules, 2022
Company Law

Company Law
ROC Imposes Penalty on Company for Failure to Meet CSR Obligations
Income Tax

Income Tax
Third party statement recorded u/s 132(4) not an incriminating document for addition u/s 153A
Income Tax

Income Tax
Addition towards unexplained cash deposit unsustainable as creditworthiness and genuineness proved
Income Tax

Income Tax
Interest on FCCDs is to be computed by applying LIBOR plus 200 points
Income Tax

Income Tax
Notional interest not taxable as bank statement doesn’t show credit of any interest
Excise Duty

Excise Duty
CENVAT Credit on free warranty service provided via dealer duly available to manufacturer
Income Tax

Income Tax
