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
VAT - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

The claim for additional sales tax by treating the contract ...

VAT and Sales Tax

October 26, 2016

The claim for additional sales tax by treating the contract value as the taxable turnover is not permissible under the provisions of either the TNGST Act or the Additional Sales Tax Act - HC

View Source

 


 

You may also like:

  1. Additional Sales Tax levy - after taking the taxable turnover for the entire year, the taxable turnover upto the date of amendment has to be assessed with reference to...

  2. Demand of tax - Sale of prospectus and application forms by the university - prospectus of the University cannot be treated as “book“ or “book meant for reading“ - held...

  3. Valuation - Sales tax / Service Tax in J&K - inclusion of service tax in the gross turnover for the purpose of levy of Sales Tax / TDS - Relief granted to the petitioners - HC

  4. Valuation - inclusion of the turnover of liquor sold in the petitioner's hotel while computing taxable turnover - the petitioner is not required to include the turnover...

  5. Sale of four flats constructed by the Society by utilising additional FSI available with it - treatment as business income - flats were allotted to members - receipt not...

  6. Excise duty & Sales Tax to be excluded from turnover for computing deduction u/s 80HHE - AT

  7. Valuation - scope of taxable turnover - whether cost of warranty replacement is liable to be treated as "taxable turnover" or not? - dealer it is an authorized agency of...

  8. Service tax was paid on a service which was held as non taxable, limitation of one year not applicable to claim refund as this amount to be treated as Deposit

  9. Valuation - VAT - It must be remembered that taxable turnover is turnover net of deductions. All trade discounts are allowable as permissible deductions - SC

  10. Suppression of sales turnover - estimation suppressed turnover - AO was wrong in estimating the additions which was solely based on one day sales - HC

 

Quick Updates:Latest Updates