Clipped from: https://www.taxscan.in/service-tax-demand-without-specification-of-service-category-in-scn-cestat-quashes-demand/343818/ The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the service tax demand which does not specify the service category
Day: December 4, 2023
Reopening of assessment u/s 148 unjustified as all material facts fully disclosed
https://taxguru.in/income-tax/reopening-assessment-u-s-148-unjustified-material-facts-fully-disclosed.html Clipped from: https://taxguru.in/income-tax/reopening-assessment-u-s-148-unjustified-material-facts-fully-disclosed.html S. Uttam Chand Vs ACIT (Madras High Court) Madras High Court held that reopening of assessment u/s 148 of the Income Tax
Order cannot be deemed to be served in absence of proof of delivery
https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Clipped from: https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Shri Surya Prakash Gaur Vs Commissioner, Central Excise (CESTAT Delhi) Service of order by Speed Post cannot be deemed to be served
Reopening on ‘Borrowed Satisfaction’ Instead of ‘Independent Satisfaction’ is Unlawful
https://taxguru.in/income-tax/reopening-based-borrowed-satisfaction-independent-satisfaction-bad-in-law.html Clipped from: https://taxguru.in/income-tax/reopening-based-borrowed-satisfaction-independent-satisfaction-bad-in-law.html Paresh Babubhai Bahalani Vs ITO (Gujarat High Court) Gujarat High Court held that reopening of assessment under section 147 of the Income
10-Year Extended Limitation Period Applies to Escaped Amounts Exceeding 50 Lakhs: Delhi HC quashes Reassessment Notice
Clipped from: https://www.taxscan.in/10-year-extended-limitation-period-applies-to-escaped-amounts-exceeding-50-lakhs-delhi-hc-quashes-reassessment-notice-read-order/345322/ A Division bench of the Delhi High Court, comprising Justice Rajiv Shakdher and Justice Girish Kathpalia, in the course of deciding a writ
Extended Period Demand Unsustainable as Scrutiny Should Have Been Timely
https://taxguru.in/service-tax/extended-period-invocable-demand-based-records-scrutinized-time-limit.html Clipped from: https://taxguru.in/service-tax/extended-period-invocable-demand-based-records-scrutinized-time-limit.html Right Resource Management Service Vs Commissioner of Central Goods And Service Tax (CESTAT Delhi) CESTAT Delhi held that demand invoking extended period
Invalid Service Tax Demand: Form 26AS Basis, No Investigation
https://taxguru.in/service-tax/service-tax-demand-based-form-26-income-tax-department-investigation-invalid.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-based-form-26-income-tax-department-investigation-invalid.html Piyush Sharma Vs Commissioner of CGST & CX (CESTAT Kolkata) The CESTAT, Kolkata in M/s. Piyush Sharma v. Commissioner of CGST & CX,
Mere suppression of facts not enough for invoking extended period of limitation
https://taxguru.in/service-tax/mere-suppression-facts-enough-invoking-extended-period-limitation.html Clipped from: https://taxguru.in/service-tax/mere-suppression-facts-enough-invoking-extended-period-limitation.html Dinesh Chandra R Agarwal Infracon Pvt Ltd Vs Commissioner of CGST & C.Ex – Gandhinagar (CESTAT Ahmedabad) CESTAT Ahmedabad held that mere
Long Term Capital Gain Tax Exemption by investment in Section 54EC Bonds
https://taxguru.in/income-tax/long-term-capital-gain-tax-exemption-investment-section-54ec-bonds.html Clipped from: https://taxguru.in/income-tax/long-term-capital-gain-tax-exemption-investment-section-54ec-bonds.html Introduction: Capital gains, a crucial aspect of taxation, arise from the transfer of a capital asset in the previous year. To comprehend the
All about Taxation on sale of Immovable property
https://taxguru.in/chartered-accountant/taxation-sale-immovable-property.html Clipped from: https://taxguru.in/chartered-accountant/taxation-sale-immovable-property.html When a property is sold in India, the profit earned is called capital gains. The person gaining benefits from these capital gains
Understanding GST Section 36: Period of Retention of Accounts
https://taxguru.in/goods-and-service-tax/understanding-gst-section-36-period-retention-accounts.html lipped from: https://taxguru.in/goods-and-service-tax/understanding-gst-section-36-period-retention-accounts.html Introduction: Goods and Services Tax (GST) in India has streamlined the taxation system by replacing multiple indirect taxes with a unified tax
Limitation Period Extension for Cenvat Credit Demand requires Suppression of Facts
https://taxguru.in/excise-duty/limitation-period-extension-cenvat-credit-demand-requires-suppression-facts.html Clipped from: https://taxguru.in/excise-duty/limitation-period-extension-cenvat-credit-demand-requires-suppression-facts.html C.C.E. Ahmedabad-I Vs Chiripal Industries Limited (CESTAT Ahmedabad) Introduction: The recent case of C.C.E. Ahmedabad-I vs. Chiripal Industries Limited saw the Customs, Excise,
Deduction u/s 80(2)(d) available to co-operative society on interest received on deposits with co-operative bank
https://taxguru.in/income-tax/deduction-u-s-80-2-d-available-co-operative-society-interest-received-deposits-co-operative-bank.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80-2-d-available-co-operative-society-interest-received-deposits-co-operative-bank.html Kinjal Heaven Cooperative Society Ltd. Vs ITO (ITAT Mumbai) ITAT Mumbai held that were the co-operative society receives/earns the interest on deposits
Service Tax Demand Invalid Without Specific Service Category in SCN
https://taxguru.in/service-tax/service-tax-demand-invalid-specific-service-category-scn.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-invalid-specific-service-category-scn.html K. Mayakrishnan Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai) CESTAT Chennai Rules in Favor of Assessee: Service Tax Demand
Section 14 of IBC does not create a bar for finalisation of Tax assessment & adjudication proceedings
https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Clipped from: https://taxguru.in/excise-duty/section-14-ibc-create-bar-finalisation-tax-assessment-adjudication-proceedings.html Platino Classic Motors India Pvt. Ltd. Vs Deputy Commissioner Of Central Tax And Central Excise (Kerala High Court) Introduction: Platino Classic Motors, a
No ITC on Solar Panel Goods/Services for Installation: AAAR Tamil Nadu
https://taxguru.in/goods-and-service-tax/itc-solar-panel-goods-services-installation-aaar-tamil-nadu.html Clipped from: https://taxguru.in/goods-and-service-tax/itc-solar-panel-goods-services-installation-aaar-tamil-nadu.html In re VBC Associates (GST AAAR Tamil Nadu) Introduction: The Appellate Authority for Advance Ruling (AAAR) in Tamil Nadu recently addressed the eligibility
GST registration Document List
https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html The Goods and Services Tax (GST) in India is subject to turnover thresholds, varying for different states and business types. Understanding these
Madras HC Set-aside Assessment order passed in violation of principles of natural justice
https://taxguru.in/income-tax/madras-hc-set-aside-assessment-order-passed-violation-principles-natural-justice.html Clipped from: https://taxguru.in/income-tax/madras-hc-set-aside-assessment-order-passed-violation-principles-natural-justice.html Antony Alphonse Kevin Alphonse Vs ITO (Madras High Court) Introduction: The article delves into the legal battle between Antony Alphonse Kevin Alphonse and
Import and Export Procedures in India
https://taxguru.in/dgft/import-export-procedures-india.html Clipped from: https://taxguru.in/dgft/import-export-procedures-india.html Introduction The Indian Customs Compliance Information Portal, recently launched by customs authorities, offers comprehensive details on import-export customs procedures and regulatory compliance
Mandatory Documents Required For Export And Import in India
https://taxguru.in/dgft/mandatory-documents-required-export-import-india.html Clipped from: https://taxguru.in/dgft/mandatory-documents-required-export-import-india.html India has taken a significant stride towards enhancing the ‘Ease of Doing Business’ by streamlining the documentation process for import and export
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