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


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Additional payment in violation of Stamp Duty Act, 1899 - ...

Income Tax

May 12, 2015

Additional payment in violation of Stamp Duty Act, 1899 - additional payments made to the parties which admittedly have not been routed as an expense in assessee’s P&L A/c has been wrongly added as an addition in assessee’s hands - AT

View Source

 


 

You may also like:

  1. Power of attorney (GPA) to non relatives in respect of immovable property - payment of full stamp duty in case of GPA - Indian Stamp Act, 1899 - Decided in favor of revenue - SC

  2. AMENDMENTS TO THE INDIAN STAMP ACT, 1899 vide Finance Act, 2019 will come into from 1.7.2020 (date extended from 31.3.2020) - Notification

  3. Scheme of amalgamation /arrangement sanctioned by the High Court - transfer from A to B would definitely a “transfer” to attract the provisions of Indian Stamp Act, 1899 - HC

  4. Enforceability of foreign award - award has not born stamp duty in India - the expression “award” has never included a foreign award from the very inception till date....

  5. When excise duty is exempted, there is no question of payment of additional duty - SC

  6. Unexplained investment u/s 69 – Assessee paid up additional stamp duty on valuation - This by itself would not mean that the assessee made any unexplained investment - HC

  7. Ship breaking activity - When excise duty is exempted, there is no question of payment of additional duty.

  8. Cross Utilization of CENVAT Credit - wrong utilization of Additional Duty of Excise (T&TA) for the payment of Basic Excise Duty and AED (GOSI) - levy of interest...

  9. SAD - Appellant are not eligible for duty exemption from Special Additional Duty of Customs in respect of Kerosene sold in the State of Orissa without payment of sales tax - AT

  10. Forfeiture of right to file reply of Corporate debtor - Financial Debt or not - It is significant to mention that the Financial Creditor had not sought for enforcement...

 

Quick Updates:Latest Updates