News Update

 
Page 220
Mumbai, April 07, 2017
ST - Payment, which has been made and for a past audit objection, for an earlier period, cannot be a ground to reject VCES application: HC
 
New Delhi, April 07, 2017
ST - Assessee is not responsible for any details in bill or authenticity but are simply printing in a preformatted design - Activity not billing; not taxable under BAS: Tribunal
 
Mumbai, April 07, 2017
Cus - Sett. Comm. could not have rejected Applications on ground that they are not admissible u/s 127B once report as contemplated u/s 127C(3) was called for: HC
 
Hyderabad, April 07, 2017
I-T - Partnership firm can claim TDS credit as per Section 199 & Rule 37BA, even if was not reflected in Form 26AS
 
Mumbai, April 06, 2017
CX - After death of sole proprietor, concern does not exist and heirs of deceased cannot be proceeded against -attachment of immovable property cannot continue: HC
 
Mumbai, April 06, 2017
I-T - Forfeiture of advances received towards subscription to share capital, is not taxable income
 
Mumbai, April 06, 2017
CX – CENVAT credit on capital goods can be denied only if same is used exclusively for manufacture of exempted goods: CESTAT
 
Mumbai, April 06, 2017
ST - Findings of AA that agreement requires appellant to promote trademarks, which is nothing but goods,is farfetched as there is no mention of trademarks in BAS definition : CESTAT
 
Mumbai, April 05, 2017
CX - In view of statutory requirement laid down by MPCB, Garden services is an input service: CESTAT
 
Allahabad, April 05, 2017
I-T - Bogus gifts by strangers to minor children of firm's partners through cash drafts purchased from same banks, solely to enable them to give loans to firm in which parents of such minors were partners, is sufficient ground for invoking penalty: HC
 
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