Category: Judgments
The Show cause notice issued for change in excise classification of goods was barred by limitation, as it was intimated – SC dismissed appeal of the Department ABCAUS Case Law Citation:ABCAUS 2853 (2019) (04) SC The appellant had changed the goods classification under Central Excise Tariff Act, 1985. …
Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s 48 in computing capital gain u/s 45 ABCAUS Case Law Citation: ABCAUS 2852 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties Habib Hussein v. CIT …
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) (03) SC Important Case Laws Cited/relied upon by the parties National Insurance Company Limited Vs. Boghara Polyfab Private Limited caseUnion of India & Another Vs. M.P. Gupta In …
Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT action in deleting addition u/s 40(a)(ia) ABCAUS Case Law Citation: ABCAUS 2850 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Commissioner of Income Tax v …
Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148 – High Court ABCAUS Case Law Citation: ABCAUS 2849 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Sheo Nath Singh vs. ACIT, 82 ITR 148 …
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 2848 (2019) (03) SC Important Case Laws Cited/relied upon by the parties Commissioner of Customs Vs. Dilip Kumar and Company and Others 2018(9) SCCIndra Das Vs. State of Assam 2011(3) SCC 380 and RakeshKumar Paul Vs. State of Assam 2017(15) SCC 67M/s. Hoechst Pharmaceuticals Ltd. and Others Vs. State of Bihar and Others 1983(4) SCC 45 The …
Entity exempt from excise duty not liable to pay NCCD, Education Cess and Secondary & Higher Education Cess – Supreme Court ABCAUS Case Law Citation: ABCAUS 2847 (2019) (03) SC Important Case Laws Cited/relied upon by the parties SRD Nutrients Pvt. Ltd. v. Commissioner of Central Excise, Guwahati …
SIFO investigation does not come to an end even after expiry of period within which a report has to be submitted u/s 212(3) of the Companies Act 2013 ABCAUS Case Law Citation: ABCAUS 2846 (2019) (03) SC Under Section 212(3) of the Companies Act, 2013 (2013 Act) where …
Excluded employee under EPF Act/Scheme 1952-Supreme Court explains that employee who withdraw accumulations from GPF/ other Funds not covered in the definition ABCAUS Case Law Citation: ABCAUS 2845 (2019) (03) SC The basic question that arose for determination in the instant case was as to whether the retired …
Mobile Crane Wire Rope an essential part of Mobile Crane and therefore, taxable at the rates prescribed for the Mobile Crane under Rajasthan VAT – SC ABCAUS Case Law Citation:ABCAUS 2844 (2019) (03) SC Important Case Laws Cited/relied upon by the parties M/s Annapurna Carbon Industries vs. State …