Month: September 2023
1,311 articlesGoods and Services Tax

Goods and Services Tax
CBIC’s New GST Rules: Valuation in Online Gaming & Casinos
Income Tax

Income Tax
Deduction of cost of land with expenses allowable from sale consideration
Service Tax

Service Tax
Right of possession and effective control of vessel transferred hence no service tax leviable
Income Tax

Income Tax
Loss on forward contracts allowed as business loss
Service Tax

Service Tax
Transportation of Ready-Mix Concrete in transit mixers classified under GTA services
Custom Duty

Custom Duty
Resorting to provisional assessment without doubting/ rejecting load port test certificate unjustified
Excise Duty

Excise Duty
Cenvat credit admissible to transferee on account of change of ownership
Income Tax

Income Tax
Disallowance of part of commission payment as business expenditure unjustified
Income Tax

Income Tax
Deduction u/s 57 available only when it is established that expense is expended wholly and exclusively for earning income
Income Tax

Income Tax
