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Archive: 19 May 2024

Posts in 19 May 2024

HC directs CESTAT to decide appeals on merits, including question of jurisdiction

May 19, 2024 186 Views 0 comment Print

Read how Delhi High Court directs CESTAT to decide appeals on merit, not just jurisdiction, in Commissioner of Customs vs Balaji Exports case. Analysis & Conclusion included.

No service tax on Ocean freight margin recovered from customers: CESTAT Ahmedabad

May 19, 2024 504 Views 0 comment Print

Understand the CESTAT Ahmedabad ruling: No service tax on freight margin recovered from customers in outbound shipment cases. Analysis & implications discussed.

Reimbursements Excluded from Taxable Service Value: CESTAT Hyderabad

May 19, 2024 1695 Views 0 comment Print

In a landmark decision, CESTAT Hyderabad rules in favor of CISF, stating reimbursements aren’t taxable, citing precedents. Detailed analysis here.

20% Pre-Deposit Rule Not Mandatory for Stay of Demand: Delhi HC

May 19, 2024 6318 Views 0 comment Print

Delhi HC directs AO to reconsider the 20% pre-deposit mandate for stay in recovery proceedings, highlighting CBDT instructions. Case: Centre for Policy Research vs DCIT.

Issue of Share at Premium: ITAT Deletes Rs. 57.5 Crore Addition

May 19, 2024 2418 Views 0 comment Print

ITAT Kolkata deletes Rs. 57.5 crore addition in ITO vs. Umang Trading Pvt. Ltd., affirming equity investments and explaining source of funds.

Ethical CA Practice – Building Trust with Integrity

May 19, 2024 945 Views 0 comment Print

For a ethical CA Practice, following factors play a very important role:- FAITH As faith is a belief, trust is an action, Even a deaf can conclude this from ones motion, There is no fees to learn this, use your own intuition, As we all believe on our knees that they keep us standing without […]

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