Daily Archive: Friday, June 3, 2016

Service tax Department can not audit under rule 5A2-Delhi HC quashes/Strikes down Rule 5A2 and Notification 23/2014 Circular 181/7/2014 Ultra Vires to FA

Service tax Department can not audit under rule 5A(2)-Delhi High Court quashes/Strikes down Rule 5A2 and Notification 23/2014 Circular 181/7/2014 Ultra Vires to Finance Act. Case Law Details: W.P.(C) 5192/2015 & CM No. 9417/2015 Mega Cabs Pvt. Ltd (Petitioner) vs. UOI and Ors (Respondents) Date of Judgment: 03/06/2016 Coram:

 

House Property Rent or Business Income-Activity not ownership is decisive. Rent received from commercial complex bifurcated into rent and business income

Author: | Categories: Income Tax, ITAT, Judgments No comments
House Property Rent or Business Income-Activity not ownership is decisive. ITAT Chennai, following Supreme Court Judgment upheld bifurcation of rent received from commercial complex into rent and business income. Case Law Details: ITA No.402/Mds/2013 Assessment Year : 2003-04 DCIT vs. M/s Keyaram Hotel Pvt. Ltd ITA Nos.2215 & 2216/Mds/2015 Assessment Years

 

Vacation and Emergency Hearing in NCLT in June July 2016. National Company Law Tribunal vacation from 06-06-2016 to 01-07-2016

Vacation and Emergency Hearing in NCLT in June July 2016.  File No. 10/03/2016-NCLT Government of India National Company Law Tribunal 6th Floor, Block-3 CGO Complex, Lodhi Road New Delhi-110003 Dated: 3rd June, 2016 ORDER There will be a vacation in The National Company Law Tribunal from 06.06.2016 to 01.07.2016.

 

installation services integral to contract not FTS under DTAA-Delhi High Court

Author: | Categories: High Courts, Income Tax, Judgments No comments
Installation services integral to contract not FTS under DTAA. This was held by Delhi High Court in a recent judgment as under: Case Law: W.P (C) No. 7416/2012 Technip Singapore PTE Ltd…. Petitioner vs. Director of Income Tax & ANR …. Respondent Date of Judgment: 02/06/2016 Coram: Justice S.