Articles by this Author
Goods and Services Tax

Goods and Services Tax
Denial of refund claim of accumulated ITC merely due to incorrect classification of goods by supplier unjustified
Corporate Law

Corporate Law
Officials of IOCL, HPCL, BPCL and IBP rightly discharged in absence of sufficient grounds
Service Tax

Service Tax
Service tax not leviable on statutory charges collected from land allottees as fixed by IDCO
Excise Duty

Excise Duty
Goods manufactured on job work basis to be valued as per rule 11 of Central Excise Valuation Rules
Excise Duty

Excise Duty
Recovery of CENVAT based on third party statement without tangible corroborative evidence unsustainable
Income Tax

Income Tax
Unabsorbed depreciation of A.Y.s 1997-98 to 2000-01 can be carried forward and set off without any limit
Income Tax

Income Tax
Arbitration award pursuant to family arrangement is not chargeable to tax
Corporate Law

Corporate Law
Assessment after three years is time barred even if return not filed under Entry Tax Act
Income Tax

Income Tax
Value on date of agreement is considered when date of agreement fixing consideration and date of registration of property is different
Service Tax

Service Tax
Fuel surcharge not to be added for determining basic fare as commission paid on air fare only
Income Tax

Income Tax
ALP of guarantee commission determined @0.3523% instead of 1.25%
Excise Duty

Excise Duty
Duty exemption available on items required for setting up of water treatment plants
Income Tax

Income Tax
Estimating rental value of unsold flats and notionally computing annual letting value unjustified
Service Tax

Service Tax
