Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Penalty u/s. 271(1)(c) - Referring to a precedent... TaxTMI Eligibility for Input Tax Credit - Failure to... TaxTMI Levy of penalty @200% - e-way bill which was... TaxTMI Levy of interest and penalty - transition of amount... TaxTMI Addition u/s. 56(2)(viib) - transaction of sale of... TaxTMI TDS u/s 194I - Transit Rent payable by the... TaxTMI Rectification of mistake u/s 154 - tax paid on more... TaxTMI Validity of Re-assessment proceedings u/s 147 -... TaxTMI Validity of reopening of assessment u/s 147 - The... TaxTMI Maintainability of appeal - appeal dismissed at the... TaxTMI Validity of assessment order - non-speaking... TaxTMI Benefit of exemption from GST - educational... TaxTMI Levy of maximum penalty - penalty imposed on the... TaxTMI Exemption from GST - pure services or supply of... TaxTMI Applicable rate of tax (GST) - Classification of... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Discussions Forum

Home

Forum

Service Tax

This

A Public Forum.
Anyone can participate to share knowledge.

We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Credit for Penalty, Service Tax

Issue Id: - 4587
Dated: 25-8-2012
By:- Harsh Jindal

Credit for Penalty

Contents

Can an assessee take the credit of the penalty deposited alongwith the tax?

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 25-8-2012
By:- Pradeep Khatri

Penalties are levied for non compliances of an Act, Rule etc. and are in punitive nature. Hence, no Service Tax will be allowed on penalties.

Page: 1

Old Query - New Comments are closed.

← Previous Next →

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

H: Failure to File Appeal within prescribed period of limitation - The co...

F: Addition of unaccounted supplies in the Returns

H: Denial of input tax credit - demand of differential input tax - The co...

H: Refund claim of encashed amount by the revenue - Direction to withdraw...

H: Wrong availment of transitional Input Tax Credit - request for an adjo...

H: Validity of assessment order - Disparity in Returns - The High Court e...

H: Liability of tax arising on account of inadvertent error - mismatch be...

H: Validity of assessment order - classification of oil coolers as heat e...

H: Reopening of assessment under old regime - scope of new regime - scope...

H: Recovery proceedings - attaching the property and bringing the propert...

H: Validity of Reassessment proceedings - notice issued in the course of ...

H: Reopening of assessment u/s 147 against non-existing entity - scheme o...

H: Levy of penalty u/s 271(1)(c) - claim of incorrect deduction u/s 80GGA...

H: Estimation of income - bogus purchases - The Tribunal considered the f...

H: Reopening of assessment - Reasons to believe - ACIT jurisdiction to is...

H: Disallowance of depreciation claimed on the “Goodwill” - The Tribunal ...

C: Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI...

F: GST PENALTY SECTION 122

F: ITC of FY 2017-18 blocked

F: INQUIRY BY THE APPELLATE AUTHORITY

A: Proper officer shall pass an order within seven days of service of not...

A: Collection of Entry Fee from visitors for Temple Hall Exempt under GST

A: State-wise Professional Tax Payment Deadlines in India: A Comprehensiv...

A: Low tax effect in pending appeals- The administrative role to withdraw...

C: Clarification on the applicability of 3% amount on account of non-achi...

C: Suspension of inoperative SIONs

N: Amendment in the Export policy of Onions

N: Seeks to amend specified customs tariff notifications to exempt applic...

A: How to become a crorepati via SIP

C: Master Direction – Risk Management and Inter-Bank Dealings: Amendments

↑Top