Day: September 5, 2023
53 articlesCustom Duty
Custom Duty
CBIC revises effective duty for certain products wef 6th September, 2023
Excise Duty
Excise Duty
Duty demand not sustained as statutory records duly reflects receipts and consumption of goods
Income Tax
Income Tax
Interest which is not received on debits cannot be disallowed
Excise Duty
Excise Duty
Denial of CENVAT Credit on supplementary invoices prior to 01.04.2011 unjustified
Income Tax
Income Tax
Revision u/s 263 justified as AO grossly failed to verify nature and source of transaction
Income Tax
Income Tax
Addition towards unexplained credit not sustained as source of credit duly explained
Income Tax
Income Tax
Revision u/s 263 for non-invocation of section 115BBE on addition u/s 68 towards unexplained sundry creditors justified
Service Tax
Service Tax
Levy of penalty u/s. 78 unsustained as duty liability with interest paid before issuance of notice
Service Tax
Service Tax
Cenvat Credit can be utilized for payment of service tax on import of services
Income Tax
Income Tax
Subsidy for industrial unit expansion under Package Incentive Scheme is capital receipts
Custom Duty
Custom Duty
Conversion of shipping bills from drawback to DEPB Scheme Allowable
Service Tax
Service Tax
No service tax liable to be demanded on construction contracts executed prior to 01.06.2007
Income Tax
Income Tax
DSIR Forms 3CM & 3CL Not Required for section 35(1)(i) Tax Deduction: ITAT Mumbai
Income Tax
Income Tax
