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Whether the service of a copy of the order by Speed Post, would constitute valid service under Customs Act, 1962? - Held Yes - HC    *    Donation to political party - Return filed with Election Commission, indicate the name and donor details - Deduction u/s 80GGC allowed - Tri    *    Service tax exemption for transportation of life saving medicines    *    Regarding cenvat credit on service tax on rent a cab    *    Central Excise Exemption of ₹ 150 Lakhs    *    Handling of Cargo in Customs Areas (Amendment) Regulations, 2016    *    Export under GST Act    *    Cenvat credit on water treatment plant    *    Banking Sector Reforms: A Journey, Not a Destination (Shri S. S. Mundra, Deputy Governor August 24, 2016 at India Banking Reforms Conclave 2016 organized by Governance Now in Mumbai)    *    Exchange Rate Notification with effect from 27th Aug., 2016 thereby amending Notfn. 112/2016-Cus (NT)    *    Regarding appointment of CAA by M/s Nagarjuna Oil Corporation Ltd, Chennai    *    Seeks to further amend notification No.12/2012-Central Excise dated 17.03.2012 so as to levy Basic Excise Duty at a concessional rate of 2% on Aviation Turbine Fuel drawn by operators or cargo operators from the Regional Connectivity Scheme (RCS) airports for a period of 3 years    *    Amendment in Notification No.78/2014-Customs (N.T.) dated the 16th September, 2014    *    WITH GST CONSTITUTIONAL AMENDMENTS, WHAT NEXT ?    *    Companies Act, 2013-25 Key Highlights    *    Just because the Nepalese suppliers had billed the appellants separately for transportation from Nepal border to factory premises alongwith other expenses, they do not become the agents of the appellants - tappellants cannot be treated as recipients of GTA services in terms of Notification No. 35/04-S.T. appellant not liable to pay service tax - Tri    *    Method of valuation - the food processor basic unit along with the accessories are to be assessed together as electric mechanical domestic appliance with self contained electric motor and are chargeable to duty on MRP basis. - Tri    *    Invokation of extended period of limitation - willful misstatement/ suppression of facts - something more must be shown to construe the acts of the appellant as fit for the applicability of the proviso. - Tri    *    To take a view that the benefit of exemption can be extended only to those pipes which physically carry water and deny it to those which are used as Casing Pipes (which are also needed for delivery of water) would defeat very purpose of the Exemption Notification meant for giving the benefit to water treatment plants - Tri    *    Refund claim - period of limitation - In fact there is no time limit prescribed for issue of show-cause notice under Section 11B and thus it is open to Revenue to point out the short comings in the refund claim - Tri    *    Housing' made of plastic is not eligible for exemption available to the 'connector's. However many of such small consignments have been cleared under claim for exemption. - levy of penalty confirmed, though reduced - Tri    *    Revised guidelines for disposal of confiscated goods - regarding

Income Tax Case Laws - Section: 145A

Home Case Index Income Tax Sections List
Cases for Section: 145A
Showing 1 to 15 of 281 Records
 
  • 2016 (8) TMI 157 - GUJARAT HIGH COURT

    Deduction under section 80HHC - exclusion of Sales Tax and Excise duty from the total turnover for computing deduction under section 80HHC even after insertion of section 145A - Held that - The question posed for our consideration in this appeal is a... ... ...


  • 2016 (8) TMI 259 - GUJARAT HIGH COURT

    Reduction of the amount of excise duty and sales tax while computing the total turnover for the purpose of deduction under section 80-HHC - Held that - Tribunal has not committed any error in holding that the components of sales tax and central excis... ... ...


  • 2016 (7) TMI 965 - GUJARAT HIGH COURT

    Difference in the amount declared in books of accounts and statement furnished to Bank - Addition on difference between the stock shown in the regular books of accounts of the appellant and that declared in the statement furnished to the Bank in resp... ... ...


  • 2016 (7) TMI 681 - GUJARAT HIGH COURT

    Addition made on account of difference in stock statement as furnished before the bank as compared to shown in books of account for availing higher credit facility - Held that - As in the case of Riddhi Steel and Tubes (2013 (10) TMI 291 - GUJARAT HI... ... ...


  • 2016 (7) TMI 933 - GUJARAT HIGH COURT

    Addition towards adjustment entry of closing stock valuation as a consequential effect to the accepted VDIS proceedings - Held that - Necessary entry in the trading account has since been made to give effect to the under valuation of stock pertaining... ... ...


  • 2016 (7) TMI 962 - GUJARAT HIGH COURT

    Addition in the value of closing stock towards excise duty - Held that - This issue raised in this appeal is identical to one which has been decided by this Court in case of Assistant Commissioner of Incometax V. Narmada Chematur Petrochemicals Ltd. ... ... ...


  • 2016 (7) TMI 180 - ITAT DELHI

    Depreciation on technical know-how - Held that - The assessee company entered into Memorandum of Understanding (MOU) for transfer of business as going concern with M/s Premium Energy Transmission Ltd. (PET Ltd.). The assessee claimed to have acquired... ... ...


  • 2016 (7) TMI 31 - KARNATAKA HIGH COURT

    Revision u/s 263 - treatment to be given in the opening stock of the subsequent accounting year when the deduction is made under Section 43B - Held that - There is no dispute on the point that the amount of import duty and excise duty are allowable d... ... ...


  • 2016 (6) TMI 456 - ITAT KOLKATA

    Expenses incurred for business re-organization - revenue v/s capital - AO has disallowed the expenses comprising of VRS, salary and other over-head cost of personnel by treating them as capital expenditure confirmed by CIT(A) - Held that - As decided... ... ...


  • 2016 (7) TMI 376 - ITAT KOLKATA

    Valuation of closing stock - Investment in the GOLD - LIFO or FIFO method - Held that - In the instant case, the assessee had furnished the closing stock valuation workings as on 31.3.2006, 31.3.2007, 31.3.2008 and 31.3.2009 before the revenue. On go... ... ...


  • 2016 (6) TMI 22 - ITAT DELHI

    Addition on account of under valuation of closing stock - Held that - The assessee was valuing the closing stock at cost or market price whichever was lower and this practice was followed consistently. In the instant case, it was claimed that in the ... ... ...


  • 2016 (7) TMI 276 - ITAT PUNE

    Addition on account of difference in valuation of securities - change in valuation method of stock - Held that - In the present case, the Revenue has not pointed out any infirmity in the method adopted by the assessee for valuation of stock. The appe... ... ...


  • 2016 (7) TMI 729 - ITAT CHENNAI

    Profit on sale of deficit stock - whether the entire deficit stock has to be taken as profit of the assessee or the profit element embedded in the deficit stock has to be taken as income of the assessee? - Held that - The Assessing Officer himself ha... ... ...


  • 2016 (5) TMI 488 - GUJARAT HIGH COURT

    Refund of TDS wrongly deducted - Deduction for TDS on Compensation u/s 28 of Land acquisition Act - TDS u/s 194A on interest awarded on enhanced compensation - Held that - Interest under section 28 of the Act of 1894, partakes the character of compen... ... ...


  • 2016 (5) TMI 363 - ITAT DELHI

    Addition on account of difference in the sales price of sugar between the assessee and of another entity located in the same area - adoption of average rate of sugar sold by that entity for determining the sale value of sugar sold by the assessee - H... ... ...


 
   
 
 
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