Sponsored
    Follow Us:

Anti-Dumping Duty Imposed on Chinese Flat Base Steel Wheels

September 11, 2023 1443 Views 0 comment Print

Get latest update on imposition of a 5-year anti-dumping duty on ‘Flat Base Steel Wheels’ from China PR. Details on the decision, reasons, and impact.

Excess Stock-Related Income is ‘Business Income & Not Subject to Section 69B

September 11, 2023 642 Views 0 comment Print

Explore the landmark ruling of Vijay Shriram Gundale Vs ACIT by ITAT Pune. Learn how excess stock income is categorized as business income, exempt from Section 69B of the Income Tax Act.

LPG Stored in ‘Bullet’ Facility at customers premises Not falls under Storage and Warehousing Services

September 10, 2023 459 Views 0 comment Print

Exploring legal intricacies of Total Energies Marketing India Pvt. Ltd. vs Commissioner of GST & Central Excise case ruled by CESTAT Chennai regarding LPG storage and service tax.

CESTAT allows Cenvat Credit on Capital Goods used for providing Output Service

September 9, 2023 492 Views 0 comment Print

A detailed analysis of the landmark CESTAT Kolkata ruling in Emta Coal Limited vs Commissioner of Central Excise & Service Tax. Understand the legal implications for Cenvat Credit on Capital Goods in the context of providing output services.

Addition for cash deposit: Generous Cash Gift to Grandson by maternal grandfather – ITAT restores matter to CIT(A)

September 9, 2023 19446 Views 0 comment Print

An in-depth analysis of the Pitchi Reddy Garlapati Vs ITO (ITAT Hyderabad) case, focusing on the addition for a generous cash gift to a grandson by his maternal grandfather.

Unsustainable Addition for Cash Sales when No Stock Discrepancy Detected

September 9, 2023 888 Views 0 comment Print

In the case of Metro Filling Station vs. ITO (ITAT Delhi), an addition for unexplained cash deposits was challenged. The tribunal ruled in favor of the assessee.

Interest on Delayed TDS Payment not allowable as Business Expenditure

September 9, 2023 1827 Views 0 comment Print

Analyzing the ITAT Pune decision in the case of RBL Bank Ltd Vs DCIT on non-allowance of interest on delayed TDS payment and other key issues. A comprehensive review for financial and tax professionals.

MMR Service will be Treated as Exempted Service When the Service Provider did not Receive full Convertible Foreign Exchange within the Time Period Provided under Statute: CESTAT

September 9, 2023 432 Views 0 comment Print

CESTAT held that when there is doubt regarding documents, authority should seek clarification/explanation rather than relying on assumptions.

Appellate authority cannot reject refund on a ground not indicated in SCN

September 9, 2023 543 Views 0 comment Print

In the Hindustan Motors Ltd vs. Commissioner of Customs and CESTAT Delhi case, the appellate authority’s power to reject a refund claim based on grounds not indicated in the show cause notice is discussed.

Service tax payable on Corporate guarantee & credit protection guarantee service

September 8, 2023 1617 Views 0 comment Print

An analysis of Hindustan Construction vs. Commissioner of Service Tax case, covering service tax on corporate guarantees and credit protection fees.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031