Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
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    Rectification application u/s 254 - Tribunal not...     TaxTMI    Validity of reopening of assessment - The High...     TaxTMI    Addition u/s 68 - unexplained share application...     TaxTMI    Availing and utilization of Input Tax Credit - The...     TaxTMI    Interest Liability on Electronic Credit Ledger...     TaxTMI    Exemption from GST - pure services or supply of...     TaxTMI    Applicable rate of tax (GST) - Classification of...     TaxTMI    Liability of tax arising on account of inadvertent...     TaxTMI    Rejection of refund claim - Status of the...     TaxTMI    Time Limitation for filing refund claim - Impact of...     TaxTMI    Condonation of delay in filing an appeal before the...     TaxTMI    Validity of assessment order - Utilization of Input...     TaxTMI    Violation of principles of natural justice - notice...     TaxTMI    Reversal of ITC - The High Court found that certain...     TaxTMI    Detention of goods alongwith penalty - Expired...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Collection of Entertainment tax is a trading receipt or not - ...

Income Tax

September 8, 2014

Collection of Entertainment tax is a trading receipt or not - irrespective of the fact that the multiplexes have been constructed out of own funds or borrowed funds the receipt of subsidy would be on capital account - AT

View Source

 

← Previous Next →

 

You may also like:

  1. Nature of receipt – Entertainment tax – Revenue or capital receipt - the subsidy in respect of Multiplex located at Jaipur to be capital in nature. - AT

  2. Imposition/levy of entertainment tax by the petitioners - admission fee in the form of ticket to allow people to visit trade fairs / Pragati Maidan - There are regulated...

  3. Nature of receipt under the subsidy scheme - Multiplex Theatre Complexes - exemption of entertainment duty - the receipt is in the nature of capital receive - not taxable - SC

  4. New Accounting Code for the purpose of Accounting of collection of Service Tax - Trade Notice

  5. Nature of receipt - Entertainment tax exemption in respect of Multiplexes - whether capital or revenue receipts? - where object of respective subsidy schemes of State...

  6. Trading receipt - refundable contingency deposit representing sales tax collected in respect of disputed transactions during pendency of appeal before court - held as...

  7. Levy of Entertainment tax - Valuation - consideration towards the services excluding the service tax component or on both - No proof is available on records to show that...

  8. Service tax to be included as part of the trading receipts – Service tax receipt cannot be treated as a trading receipt. Hence, reimbursement of service tax cannot form...

  9. Recovery of short paid service tax - Construction of Complex Service - adjustment of the excess service tax paid - Service Tax when introduced followed the receipt based...

  10. Collection and reporting of margins by Trading Member (TM) /Clearing Member (CM) in Cash Segment

  11. Revenue or capital - entertainment duty subsidy - The fact that the subsidy was not meant for repaying the loan taken for construction of multiplexes cannot be a ground...

  12. Direct tax collections for FY 2023-24 as of 17.06.2023 show net collections of Rs. 3,79,760 crore, a growth of 11.18% compared to the preceding year. - Gross collections...

  13. Entry Tax - rebate to the extent of the amount of tax on the payment of Trade Tax - Notification dated 28.4.2005, cannot be interpreted in the manner that where the rate...

  14. Levy of Entertainment tax - online booking charges - The petitioners have pointed out that the internet and online facility of booking could not have been envisaged in...

  15. Taxable income - forfeiture of share warrants - whether treated as capital receipt in nature? - if the initial receipts of a business are not trading receipts in the...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Reconciliation of Eway bills
F: ITC CLAIMED AFTER DUE DATE
F: E-Way Bill Generation-Transporter does not have GSTIN
C: Margin for Derivative Contracts
C: Amendments to the All Industry Rates of Duty Drawback effective from 0...
H: Provisional attachment of bank account - Expiry of one year from the d...
H: Challenge to summary order passed against the petitioner u/s 74 - The ...
H: Rejection of rectification petition - turnover of the petitioner was e...
H: Exemption from GST - Hostel accommodation - residential dwelling for u...
H: Reopening of assessment u/s 147 - The High Court noted that the extend...
H: Set-off of losses against income from other sources u/s 70 - Applicabi...
H: Addition u/s 68 - unexplained gifts received from family members - The...
H: Rectification u/s 154 - The Assessee filed a rectification application...
H: Nature of receipt - Profits in lieu of salary or capital receipt - Rec...
C: Periodic reporting format for Investment Advisers
H: Rejection of the application for final approval u/s. 80G on technical ...
H: Taxability of income in India - Proof of residence - assessee is a non...
H: Validity of unsigned order - Final assessment order not signed by the ...
H: Validity of reopening of assessment - no approval was taken U/s 151 - ...
H: Benami transaction - possession of a significant amount of cash - Vali...
H: Revocation of ADD imposed on Purified Terephthalic Acid (PTA) - Absenc...
A: TIMELINE FOR REFUND UNDER SECTION 38(3) OF THE DELHI VALUE ADDED TAX, 2004
A: PRE-DEPOSIT & STAY OF DEMAND
A: Who is The Regulatory Body of GIFT City in India?
N: Securities and Exchange Board of India (Employees Service) (Second Ame...
N: Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024.
N: Export of food commodities through National Cooperative Exports Limite...
N: Seeks to further amend List 34A and List 34B in the Appendix to the Ta...
A: GST APPEALS: WHAT ONE SHOULD KNOW
C: Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI...