TMI BlogCentral excise refund - state JAmmu & KashmirX X X X Extracts X X X X X X X X Extracts X X X X ..... I want to discuss about the latest judegment of the tribunal about the central excise refund in the states like jammu and kashmir where the tribunal has held that the central excise duty refund given ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the industrial unit is considered their income and tribunal held that industrial units have to give income tax on the central excise refund they are getting .In my view this decision is wrong ,as t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he department is doing wrong interpretation of the excise duty notification under which refund was given to the industrial units in jammu and kashmir. - Reply By Rama Krishana - The Reply = I am in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... otal agreement with your view since it is a different than duty drawback or depb or export promotion schemes. In my view, the exemption granted to units in Jammu and Kashmir (and various other parts o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f India) by way of refund can not equated with the or considered as Income From Other sources. - Central excise refund - state JAmmu & Kashmir - Query Started By: - varun singla Dated:- 8-12-2009 Ce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntral Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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