TMI Blog2024 (1) TMI 399X X X X Extracts X X X X X X X X Extracts X X X X ..... y receiving the claim for poor quality of the goods - HELD THAT:- On going through the credit note, the amount is shown as claim raised by the appellant on account of poor quality of the material supplied which is in nature of compensation received by the appellant for receiving poor quality of goods. The said act is covered under declared service under sub-section (e) of section 66 (E) of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of their final product. The said raw material purchased by the appellant was found to be of poor quality. The appellant raised the issue with the supplier of the goods, who entertained the claim of the appellant and the appellant received the claim amount and shown in their books of account as income from other sources . During the course of audit, it was found that the said amount should be tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appeal filed by the appellant and submitted that it is an amount of compensation received by the appellant on the act of tolerance by receiving the claim for poor quality of the goods and the appellant has shown the said amount in their books of account as income from other sources , therefore, it is prayed that the matter is squarely covered under sub-section (e) of section 66 (E) of the Financ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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