The Tribunal held that the maintainability of the appeal must be based on the correct tax effect and not erroneous figures in Form 36. Since the actual tax effect was below the CBDT threshold, the appeal was dismissed, reinforcing strict adherence to monetary limits.
The Court held that Tribunal remand is not a fresh reference under transfer pricing law. Hence, limitation expired earlier, entitling the assessee to refund.
The court held that granting status quo over the full property was disproportionate to the plaintiff’s limited claim. It set aside the injunction for failing to consider balance of convenience.
The Tribunal held that delay due to lack of awareness and administrative oversight constituted sufficient cause. It set aside the rejection as the condonation request was not considered and remanded the case.
Tribunal examined whether assembly of RLMS units under a turnkey contract constituted manufacture. It held that on-site assembly and integration of components did not result in excisable goods. The ruling clarifies that such project-based activities are not liable to excise duty.
The Tribunal examined whether fund transfers to overseas branches constituted taxable services. It found no evidence of any service being rendered or received in India. The ruling held that mere transfer of funds for operational expenses does not attract service tax.
The tribunal held that default arose after valid invocation of the corporate guarantee and non-payment within the notice period. It ruled that the Section 7 petition was within limitation and debt and default were established.
The tribunal held that alleged disputes on quality were raised only after the demand notice and lacked prior evidence. It admitted the petition after finding operational debt and default clearly established.
The court held that amounts received under interim orders cannot be taxed as income when the dispute is unresolved. Taxability arises only after final adjudication crystallizes the right.
The court examined whether penalty and detention without notifying the known owner violated natural justice. Interim relief allowed release of goods on deposit.
