International Tax Ruling
HC sets aside Assessing Officer (AO) order attaching bank accounts despite pendency of revision and stay applications before Commissioner of Commercial Taxes; Sec 46 of Jharkhand VAT Act a special mod
...View More HC allows assessee’s petition, no case of understatement of tax liability in revised return where entire tax along with interest paid, sets aside penalty u/s 72(2) of Karnataka VAT Act; Being un
...View More HC dismisses Revenue petition, finds no perversity, illegality in Tax Board's order allowing Input Tax Credit (ITC) where goods sold at price lower than that shown in VAT invoice; Discount / incentive
...View More HC upholds CESTAT LB findings, interim order granted in favour of assessee would continue so long as appeals not decided, no illegality in CESTAT’s direction permitting assessee to make fresh st
...View More HC upholds Bangalore CESTAT order, allows CENVAT credit of tax paid on re-insurance services availed from overseas companies by Indian insurance provider; Revenue submission that once Insurance Policy
...View More SC rules on applicability of Sec 14 of Limitation Act to appeal proceedings under Customs Act, reiterates that though Limitation Act applies only to ‘Courts’ and not ‘quasi-judicial
...View More SC upholds Bombay HC order, Revenue not abstained from proceeding against partner in respect of dues payable by partnership firm despite settlement with State Govt, absent specific provision in Bombay
...View More CESTAT allows assessee appeal, royalty paid to associate companies under Trade Mark License Agreement not includible in imported goods value in terms of Rule 10(1)(c) of the Customs Valuation Rules; T
...View More CESTAT LB rules on taxability of Turnkey / EPC projects undertaken by Govt / Govt undertakings; Laying of pipelines / conduits for lift irrigation systems and involving associated activities like tren
...View More SC upholds excisability of ‘Transmission Assembly’, an intermediate product arising during manufacture of exempt goods, viz. Tractors below 1800 CC, pre-June 1998, however, sets aside dema
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