Kerala High Court held that under the Kerala Value Added Tax Act, 2003 (KVAT Act) in a contract for the transfer of the right to use the goods, the taxable event is the execution of the contract for delivery of the goods, and if that has taken place, it was immaterial whether the transfer was exclusively or to the exclusion of all others.
Explore Vaman Prestressing Co. Pvt. Ltd. vs. ACIT case where Bombay High Court discusses reopening of assessments, commercial expediency, and need for a valid belief.
Explore case of SMS Logistics vs. Commissioner of Customs, where punishment imposed on a customs broker is analyzed for proportionality and compliance with regulations.
In present facts of the case, Petitioner has been engaged in the business of marketing and manufacturing of footwear and fashion products and is the first user and proprietor of well-known trademark ‘LIBERTY’. On 01.04.2001, Petitioner and Respondent entered into a Registered User Agreement in respect of trademark ‘LIBERTY’ in Class 25 for a period of three years.
Delhi High Court sets aside Assessment and Penalty Orders due to AO’s oversight and insufficient response time, remanding matters for a fair hearing.
This document discusses a tax case involving National Chemical and the Commissioner of Commercial Tax, including issues related to provisional assessments and discrepancies in chemical stocks during a survey.
Analysis of Allahabad High Court’s decision in BL Agro Oils Ltd. vs. State of U.P. regarding tax and penalty imposition due to alleged E-Way bill reuse.
Analysis of Madras High Court ruling in the N and N Traders Vs Assistant Commissioner of Customs case, exploring why the suspension of preferential tariff on imported Areca nut was ruled out.
The Delhi High Court’s judgment impacts how restaurants charge their customers. The term ‘Service Charge’ is replaced with ‘Staff Contribution,’ limited to 10% of the bill.
The Delhi High Court has directed the Income Tax Appellate Tribunal (ITAT) to provide valid reasons for reversing the CIT(A)’s decision on unexplained cash credits in the case of Om Shiva Traders Pvt Ltd Vs ITO.
