International Tax Ruling
SC allows assessee's civil appeal, observes that, the period during which the matter was pending before High Court (HC), ought to be excluded since the HC specifically granted liberty to assessee to f
...View More Madras HC holds that Chennai Metro Rail Ltd. (CMRL/contract-awarder) is responsible for TDS deduction and if CMRL failed to deduct the amounts u/s 13(1) of the TNVAT Act, 2006, machinery under Section
...View More SC dismisses Revenue’s appeal against CESTAT ruling which quashed demand of ‘safeguard duty’ on Diffused/Undiffused Silicon Wafer/Blue Wafer (DSW); While accepting Assessee's content
...View More CESTAT Bangalore sets-aside service tax demand on non-compete clause in a share transfer agreement to sell personal holding of equity shares by Serendipity Infolabs Pvt. Ltd. (SIPL/Assessee) operating
...View More CESTAT Mumbai rules in favour of assessee in respect of whether the ‘Liquidated Damages’ paid by Skoda Auto India Pvt. Ltd. (SAIIPL) to it are part of price of cars sold by assessee and li
...View More CESTAT, New Delhi upholds confiscation of readymade garments found to be overvalued to claim undue export benefits during market survey however, reduces the redemption fine to Rs. 2,00,000/- and penal
...View More CESTAT, Ahmedabad quashes order classifying Nutritional Supplements imported by the Assessee being preparations of substances such as Creatine, Nitrates, Glutamine and Amino Acids under Serial No. 9 o
...View More CESTAT, Ahmedabad sets aside order imposing penalty on Assessee alleging smuggling merely on the basis of statements recorded during investigation and without even granting cross-examination; Notes th
...View More Karnataka HC allows a batch of 48 appeals filed by ICICI Venture Capital Funds (VCFs) against the CESTAT ruling which held that VCFs retaining ‘carried interest’, ‘performance fee&rs
...View More Calcutta HC affirms the order passed by CESTAT Kolkata wherein it ruled in favour of assessee with a categorical finding that “the department has failed to establish that the said goods are smug
...View More