Judgments

  • Excise/Custom

SCN issued for change in excise classification of goods barred by limitation being known to deptt.

The Show cause notice issued for change in excise classification of goods was barred by limitation, as it was intimated…

5 years ago
  • Income Tax

Interest cost for the period capital asset was held prior to sale not deductible u/s 48 – ITAT

Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s…

5 years ago
  • Law and Justice

Appointment of independent arbitrator by HC overlooking the contract procedure quashed by SC

High Court was not justified in appointing independent arbitrator without resorting to procedure for appointment of  arbitrator under the contract as agreed by the parties.- SC ABCAUS Case Law Citation:ABCAUS 2851 (2019)…

5 years ago
  • Income Tax

Make My Trip was not liable to deduct TDS on payment gateway charges paid to Banks – HC

Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT…

5 years ago
  • Income Tax

Share application money in excess of authorized capital a valid reasons to issue reassessment notice

Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148…

5 years ago
  • Sales Tax

“Total turnover” under KST Act not refer to taxable  turnover for levy of turnover tax – SC

Total turnover u/s 6B(1) of Karnataka Sales Tax Act does not mean taxable turnover for levy of turnover tax – Supreme Court ABCAUS Case Law Citation:ABCAUS…

5 years ago
  • Excise/Custom

Entity exempt from excise duty not liable to pay NCCD, Education/ SHE Cess – Supreme Court

Entity exempt from excise duty not liable to pay NCCD, Education Cess and Secondary & Higher Education Cess – Supreme…

5 years ago
  • Companies Act

SIFO investigation not ends after expiry of period prescribed for submission of report

SIFO investigation does not come to an end even after expiry of period within which a report has to be…

5 years ago
  • EPFO

Excluded employee under EPF Act/Scheme 1952-Supreme Court explains the Law

Excluded employee under EPF Act/Scheme 1952-Supreme Court explains that employee who withdraw accumulations from GPF/ other Funds not covered in…

5 years ago
  • VAT

Mobile Crane Wire Rope fall in entry 155 under Rajasthan VAT being essential part of Mobile Crane–SC

Mobile Crane Wire Rope an essential part of Mobile Crane and therefore, taxable at the rates prescribed for the Mobile…

5 years ago