Day: October 11, 2023
74 articlesCustom Duty

Custom Duty
Suspension of Customs Broker licence justified for facilitating fraudulent exports
Excise Duty

Excise Duty
Duty to be calculated on pro-rata basis in case of production of new retail sale price
Service Tax

Service Tax
Charged paid by Foreign Telecommunication Operators not taxable under telecommunication services
Income Tax

Income Tax
Maintenance charges from corporate members exempt based on principle of mutuality
CA, CS, CMA

CA, CS, CMA
HC dismisses FIR due to Chartered Accountant Firm’s Limited Role in GSLDC Scam
Company Law

Company Law
₹ 64 Lakh penalty for non certification of list of allottees attached with Form PAS-3
Company Law

Company Law
Non-Disclosure of Interest in Form MBP-1 – MCA imposes Rs. 3 Lakh Penalty
Income Tax

Income Tax
Section 10(38) Exemption Ineligible for bogus LTCG on Penny Stock Equity Sales
Income Tax

Income Tax
Additional depreciation on heavy vehicle inadmissible when used in own business & not on hire
Service Tax

Service Tax
Exemption from Service Tax under RCM: Service Doesn’t Qualify as Manpower Supply Service
Service Tax

Service Tax
Invocation of extended period of limitation unjustified if issue involved is purely interpretational
Income Tax

Income Tax
TP adjustment deleted as ALP of ESOP expenses cannot be taken as NIL
Income Tax

Income Tax
Addition u/s 68 towards unexplained unsecure loan unsustainable as onus duly discharged
Income Tax

Income Tax
