IN THE ITAT CHENNAI BENCH ‘D’ Income-tax Officer, Business Ward XIII (1), Chennai v. T.C. Abraham N.R.S. GANESAN, JUDICIAL MEMBER AND A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER IT APPEAL NO. 1132 (MDS.) OF 2013 [ASSESSMENT YEAR 2006-07] SEPTEMBER 18, 2015 Milind Madhukar Bhusari, CIT for the Appellant. Philip George, Adv. for the Respondent. ORDER N.R.S. Ganesan,… Read More »
As per Section 271AAA (3) No penalty under the provisions of clause (c) of sub-section (1) of section 271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1) of Section 271AAA. IN THE ITAT AHMEDABAD BENCH Dr. Naman A. Shastri v. Assistant Commissioner of Income-tax, Central Circle… Read More »
SUPREME COURT OF INDIA Bridgestone India (P.) Ltd. v. Inderpal Singh JAGDISH SINGH KHEHAR AND R. BANUMATHI, JJ. CRIMINAL APPEAL NOS. 1557 & 1562 TO 1564 OF 2015 NOVEMBER 24, 2015 JUDGMENT Jagdish Singh Khehar, J. Criminal Appeal No.1557 of 2015 (Arising out of SLP(Crl.)No.7850 of 2011) 1. Leave granted. 2. Despite service, no one… Read More »
SUPREME COURT OF INDIA Commissioner of Central Excise v. Amrit Food (A Division of Amrit Corporation Ltd.) A.K. SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NO. 4337 OF 2006 SEPTEMBER 3, 2015 Ms. Nisha Bagchi, Ms. Binu Tamta, K. Parameshwar Nair, Ms. Pooja Sharma, and B. Krishna Prasad, Advs. for the Appellant. S. Ganesh,… Read More »
SUPREME COURT OF INDIA Commissioner of Central Excise, Indore v. S.K. Industries A.K. SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NO. 5227 OF 2004 APRIL 13, 2015 ORDER 1. Respondents herein are engaged in the manufacture of Milk-n-Nut besides other products. It has been claiming the classification of the aforesaid product under Chapter Heading… Read More »
Summary of Case:- The assessee had deducted the TDS in respect of the payment made to the C & F agent and separate bills had been raised in respect of reimbursement expenses incurred by the agent. Since the reimbursement bills were separately raised, there was no requirement to deduct TDS in respect thereof. Under the… Read More »
F.No 385/26/2015-IT(B) Govt of India , Ministry of Finance Central Board of Direct Taxes Dated 05th Dec 2015 Extension of Time for TDS /TCS deposit for state of Tamil Naidu for the month of November 2015 from 7th Dec 2015 to 20th Dec 2015
Meaning of agriculture as per Service Tax :- As per Section 65 B (3) of Chapter V of the Finance Act, 1994 ( inserted (w.e.f. 1.7.2012) by s.143 of the Finance Act.. 2012 ( 23 of 2012) ) :- “agriculture” means the cultivation of plants and rearing of all life-forms of animals, except the rearing of horses, for food,… Read More »
Model GST Law GOODS AND SERVICES TAX ACT, 2016 What is Person under GST ? Section 2(50) “person” includes— (a) an individual; (b) a Hindu undivided family; (c) a company; (d) a firm; (e) an association of persons or a body of individuals, whether incorporated or not, in India or outside India; (f) any corporation established… Read More »
Facts of the case :- Appellant is engaged in the activity of preparation of vegetables, fruits by processing the same packing in consumer packs for their clients. Issue Revenue is of the view that this activity amounts to rendering of services under business auxiliary services while it is the case of the appellant that by… Read More »