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Archive: 23 October 2023

Posts in 23 October 2023

Denial Of Victim’s Right To Participate In Proceedings Of Accused Can Result In Rightful Cancellation of Bail: Karnataka HC

October 23, 2023 1305 Views 0 comment Print

Victims have a right to participate in proceedings of accused, Karnataka HC rules; the ruling could potentially result in rightful cancellation of bail

Transport of Goods with Loading and Shifting from Private Railway Siding to Stacking Yard Classified as GTA Service

October 23, 2023 4230 Views 0 comment Print

CESTAT Kolkata quashes the service tax demand on cargo handling service in the case of Usha Martin Limited vs. Commissioner of Central Excise. Details and analysis.

Improper Accounting & Misclassification don’t Justify Treating an Investment as Bogus

October 23, 2023 870 Views 0 comment Print

ITAT Kolkata directs relief for Spandan Tradecom in a case of incorrect accounting and wrong grouping of investments, clarifying it’s not a bogus investment.

Revised Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver from 24.10.2023

October 23, 2023 1461 Views 1 comment Print

Explore the recent amendments to the Customs Act 1962 by the Ministry of Finance. Learn about changes in tariff values for various goods

HC Deletes Penalty for 9-Hour Gap between E-way Bill Expiry & Vehicle Interception, Citing Lack of Tax Evasion Intent

October 23, 2023 1893 Views 0 comment Print

Calcutta High Court orders the refund of a penalty imposed on Ishaan Plastics Pvt. Ltd. for transporting a vehicle after the e-way bill expired, citing a time gap and lack of tax evasion intent.

CESTAT Sets Aside Service Tax Demand in Facebook Payment Case

October 23, 2023 717 Views 0 comment Print

CESTAT Hyderabad orders the refund of service tax demand on P. Ramesh Kumar for foreign exchange payments to Facebook, citing lack of evidence for business purposes. Full order details.

There cannot be two FMV for the same property on a given date: ITAT Mumbai

October 23, 2023 1059 Views 0 comment Print

In a case of tax assessment, ITAT Mumbai directs the DVO to determine Fair Market Value for Imran Kapadia. Details of the order and implications.

Mere Four Days to Respond to IT Act Section 148A(b), SCN Deemed Invalid

October 23, 2023 1311 Views 0 comment Print

The Kerala High Court quashes a reassessment order, citing a violation of mandatory provisions under the Income Tax Act. Details in the article.

Choosing Not to Avail Conditional Service Tax Exemption is Legitimate for Assessee

October 23, 2023 864 Views 0 comment Print

Understand why the assessee chose not to avail of the Conditional Service Tax Exemption with this analysis of the arguments in Isgec Unit Dahej case. Alert: Notification No. 8/2005-ST dated 01.03.2005.

Essential Documents for Form 15CA/CB Compliance

October 23, 2023 19146 Views 0 comment Print

Discover the mandatory documents needed for Form 15CA/CB when making foreign remittances.

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