Search Results for Tag : Levy
Top Story
RBI imposes monetary penalty on five Prepaid Payment Instrument (PPI) Issuers(03.05.2019)
The Reserve Bank of India has imposed monetary penalty on five PPI Issuers for non-compliance of regulatory guidelines in exercise of its powers under.....
Tags : Penalty, Levy, PPI issuers
CBDT amends provisions of Income-tax Rules, 1962 for prescribing fees under Section 234H of the Income-tax Act, 1961(30.03.2022)
In order to mitigate the inconvenience to the taxpayers, as per Notification No.17/2022 dated 29th March, 2022, a window of opportunity has been provi.....
Tags : Provision, Amendment, Fees, Levy
Others
Parameters for Splitting of GST Revenue Between Centre and States(11.08.2015)
Under the proposed General Sales Tax regime, the Centre would levy and collect Central Goods and Services Tax, and States would levy and collect the S.....
Tags : general sales tax, levy, apportion
International Cases
Income tax is charged on the employment income of an employed diver, which includes fiction that, diver is carrying on a trade(20.05.2020)
In facts of present case, Mr. Martin Fowler is a qualified diver who is resident in the Republic of South Africa. During the 2011/12 and 2012/13 tax y.....
Tags : Employment income, Tax, Levy
News
SC: States Cannot Levy Excise Duty on Alcohol Which is Not Fit for Human Consumption(04.03.2022)
Supreme Court observed that States have power to levy excise duty only in respect of the alcoholic liquor for human consumption, noting that alcoholic.....
Tags : Supreme Court, Levy of Excise Duty, Alcohol Not for Human Consumption
Kerala HC Stays GST Levy on TCS Amount Collected by Vehicle Dealers(22.01.2019)
Kerala High Court has stayed the levy of Goods and Services Tax (GST) on the amount collected by them as Tax Collected at Source (TCS) from vehicle pu.....
Tags : Kerala High Court, GST Levy on TCS Amount Collected by Vehicle Dealers
Gujarat HC Quashes Circular Levying GST on DISCOMS for Bundled Services(24.01.2019)
Gujarat High Court has struck down a part of a circular issued in March last year by the Central Board of Indirect Taxes and Customs (CBIC), which had.....
Tags : Gujarat High Court, Circular Levying GST on DISCOMS
Kerala HC Restrains Revenue from Recovering Amount Refunded as Levy of Service Tax(20.11.2020)
Kerala High Court has restrained the Revenue from recovering the amounts refunded since the levy of service tax on the payment in lieu of foreign agen.....
Tags : Kerala High Court, Amount Refunded as Levy of Service Tax
Madras HC Disposes of PIL Challenging Levy of Fees for Unutilized Facilities in 2020-21(02.03.2021)
Madras High Court has disposed of a Public Interest Litigation filed by over 90 students of the School of Excellence in Law, affiliated to the Tamil N.....
Tags : Madras High Court, Levy of Fees for Unutilized Facilities
ITAT, Jaipur: Equalisation Levy Not Applicable Where Target Audience Are Outside India(14.10.2022)
Income Tax Appellate Tribunal, Jaipur has observed that an equalisation levy is not payable on advertising payments where advertisers or the target au.....
Tags : Income Tax Appellate Tribunal, equalisation levy, advertisers
Madras HC Quashes Levy of Penalty as SCN Not Issued by Proper Officer(25.03.2021)
Madras High Court has quashed the levy of penalty under Section 112(a) or 114AA of the Customs Act, 1962 in favour of Quantum Coal Energy (P) Ltd as S.....
Tags : Madras High Court, Levy of Penalty
#GST Rollout: Govt Amends Provisions relating to Composition Levy under CGST & UTGST Act(29.06.2017)
Central Government has notified that manufactures of ice-cream, pan masala and tobacco cannot opt for composition levy under Central Good and Services.....
Tags : Central Government, GST, Composition Levy
#GST Rollout: Govt Amends Registration Rules(29.06.2017)
Central Government has notified amendments made to Registration Rules under CGST, which says that registration granted to a tax payer can be cancelled.....
Tags : Central Government, GST, Composition Levy
CESTAT, Delhi: Levy of Penalty on Proprietor and Firm Would Amount to Double Jeopardy(08.06.2021)
Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi has held that the levy of penalty on the sole proprietor of a firm along with the c.....
Tags : Customs, Excise and Service Tax Appellate Tribunal, Levy of Penalty on Proprietor and Firm
Madras HC Stays Order Related to Levy of GST on Flat, Villa Maintenance Charges(10.09.2021)
Madras High Court has stayed a Single Judge Order on levy of Goods and Service Tax on flat, villa maintenance charges. Flat or villa owners paying mor.....
Tags : Madras High Court, Levy of GST on Flat, Villa Maintenance Charges
HP High Court: State Not Competent to Enact Law on Levy of Cess on Water Usage for Electricity(06.03.2024)
Himachal Pradesh High Court has held that the matter related to the levy of cess on water usage for electricity generation is beyond the legislative c.....
Tags : Himachal Pradesh High Court, Electricity, Levy of Cess
Karnataka HC Issues Notice on Plea Against Levy of Property Tax on Buildings & Lands(16.12.2021)
Karnataka High Court has issued notice on a plea challenging certain provisions of the Karnataka Municipal Corporations Act 1976 that provide for levy.....
Tags : Karnataka High Court, Levy of Property Tax on Buildings & Lands
Delhi HC Issues Notice on Uber's Plea Challenging Levy of GST on Auto Rickshaw Services(16.12.2021)
Delhi High Court has issued notice on a petition moved by Uber India challenging the two notifications levying goods and services tax (GST) on auto ri.....
Tags : Delhi High Court, Levy of GST on Auto Rickshaw Services
Equalisation Levy of 6 % to Come in Force from Tomorrow(31.05.2016)
Equalisation levy of 6 per cent on services pertaining to cross border digital transactions will come into effect from June 1.
Tags : Equalisation levy , cross border digital transactions
Madras High Court: Error in Short-Levy of Service Tax Can be Ratified by Assessee(13.02.2020)
Madras High Court has held that in the case of an error in short-levy of service tax, for the purposes of ratifying, the Assessee is left with two opt.....
Tags : Madras High Court, Short-Levy of Service Tax
Notifications & Circulars
Central Government hereby imposes on subject good an antidumping duty at the following rate(17.08.2016)
In matter of "Cold-Rolled flat products of alloy or non-alloy steel", falling under Headings 7209, 7211, 7225 and 7226 of First Schedule to Customs Ta.....
Tags : Anti-dumping duty, Levy
Amendment in Notification number 157/1990-Customs, dated the 28th March, 1990(05.10.2016)
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied th.....
Tags : Notification, Amendment, Goods, Export, Levy
Central Government hereby imposes anti-dumping duty on specified goods at the rate equal to the amount as specified(29.11.2016)
Whereas, in the ’’matter of "Axle for Trailers" (hereinafter referred to as the 'subject goods'), falling under tariff item 8716 90 10 of the First Sc.....
Tags : Duty, Goods, Levy
CCI imposes penalties on cement companies for bid-rigging(19.01.2017)
The Competition Commission of India ('CCI') has imposed penalties on 7 cement companies for bid rigging of a tender floated by the Director, Supplies .....
Tags : Penalty, Levy, Cement companies
TRAI releases Consultation Paper on "Methodology for levy of Spectrum Charges for provision of Satellite based Services using Gateway installed in India under 'sui-generis' category"(10.10.2018)
1. The Telecom Regulatory Authority of India (TRAI) has today released a Consultation Paper on "Methodology for levy of Spectrum Charges for provision.....
Tags : Consultation Paper, Levy, Spectrum Charges
No additional levy on use of cards at petrol stations says Petroleum Minister(09.01.2017)
MoS (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan said neither the customers nor petrol pump dealers will bear additional charges on di.....
Tags : Cards, Usage, No additional levy
Service tax on freight forwarders on transportation of goods from India(12.08.2016)
Board has received representations regarding service tax on freight forwarders on transportation of goods from India. In terms of rule 10 of Place of .....
Tags : Freight forwarders, Goods, Transportation, Levy
Non-payment of service tax by way of advancement of Yoga provided by entities registered under section 12AA of Income-tax Act, 1961(26.09.2016)
Whereas, the Central Government is satisfied that in the period commencing on and from the first day of July, 2012 and ending with the 20th day of Oct.....
Tags : Yoga, Advancement, Levy, Non-payment
Charges on digital transactions(11.04.2017)
Digital financial transactions are a part of the Government's strategy to create histories of transactions, including the associated credit, and there.....
Tags : Digital transactions, Charges, Levy
Central Government hereby directs that the whole of the duty of excise payable under Section 3 of Central Excise Act, 1944 on Heena Powder and Paste shall not be required to be paid(24.04.2017)
Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-.....
Tags : Duty, Non-Levy, Heena Powder
Levy of charges on forex prepaid cards/store value cards/travel cards, etc.(09.05.2023)
1. Attention of Authorised Dealers is invited to relevant instructions contained in A.P. (DIR Series) Circular No. 46 dated June 14, 2005 and A.P. (DI.....
Tags : Levy, Charges, Cards
Relaxation on levy of additional fees in filing of certain Forms under the Companies Act, 2013 and LLP Act 2008-Extension of time(30.06.2021)
In continuation to this Ministry's General Circular No. 06/2021 dated 03.05.2021 and on account of requests for further extension of timelines specifi.....
Tags : Relaxation, Levy, Additional fees
Levy of GST on Priority Sector Lending Certificates (PSLC)(12.09.2018)
Representations have been received requesting to clarify the following:
(i) Mechanism for discharge of tax liability on trading of Priority .....
Tags : Levy, GST, PSLC
Relaxation on levy of additional fees under the Companies Act, 2013(29.12.2021)
1. In continuation to Ministry's General Circular No. 17/2021 dated 29.10.2021, keeping in view various requests received from stakeholders regarding .....
Tags : Relaxation, Levy, Additional fees
Schemes for Rebate of State and Central Taxes and Levies (RoSCTL) and Additional Ad-hoc Incentive for export of garments and made-ups(19.02.2020)
1. Government had notified the scheme for Rebate of State Levies (RoSL) to mitigate the incidence of State VAT and other State taxes on export of garm.....
Tags : Schemes, Levy, Rebate
Clarification in respect of levy of GST on Director's remuneration(10.06.2020)
1. Various references have been received from trade and industry seeking clarification whether the GST is leviable on Director's remuneration paid by .....
Tags : Clarification, Levy, GST
Direct Tax Dispute Resolution and Equalisation Levy effective 1 June 2016(31.05.2016)
The Direct Tax Dispute Resolution Scheme 2016 under Chapter X of the Finance Act 2016 came into effect on 1 June 2016. Declarations in respect of tax .....
Tags : direct tax, dispute resolution, equalisation levy, finance act, 2016
Judgments
Provisions of Income Tax Act are not applicable, when situs of trademarks and intellectual property rights and owners thereof are not located in India(25.07.2016)
Situs of the owner of an intangible asset would be the closest approximation of the situs of an intangible asset
Petitioner (CUB Pty. Limited.....
Tags : Situs, Intangible assets, Levy
Penalty not imposable in absence of determination of duty(04.11.2016)
Appellant is a dealer for dealing in plastic granules and also as have manufacturing unit for manufacturing PP bags. During course of audit, it was no.....
Tags : Penalty, Levy, Validity
Interest would be payable from date on which CENVAT credit is wrongly taken or utilized(03.11.2016)
Appellant is engaged in manufacture of electronic connector harness and other IT products availed CENVAT credit of duty paid on inputs and capital goo.....
Tags : CENVAT credit, Interest, Levy
Applicant is not chargeable to capital gains tax in India as control and management of affairs of company, particularly all financial affairs were situated only in Mauritius(08.08.2016)
Applicant had acquired 9,931,638 shares (representing about 8.12% – holding) in Tech Mahindra Limited, India (“TML”) which is listed on Bombay stock e.....
Tags : Capital gains, Levy, Country
Continuing link of Appellant with equipment and facilities is infrastructural support and covered by definition of 'Support Services of Business or Commerce'(15.03.2017)
Present appeal against Order-in-Original wherein demand of service tax of Rs. 1,02,21,578.00 along with interest and imposition of equivalent penalty .....
Tags : Demand, Levy, Penalty
A thing is a part of the other, if other cannot function without it(26.03.2019)
In facts of present case, the Respondent is engaged in the business of trading of spare parts of mining machinery, steel wire ropes, standard wires, w.....
Tags : Goods, Classification, Rate of tax, Levy
If a legal fiction is introduced that legal fiction must be taken to the logical end(28.02.2019)
Present appeals filed under Section 35L of the Central Excise Act, 1944 (Excise Act) question the correctness of the Final Order passed by the Tribuna.....
Tags : Assessment, Duty, Levy
Items or goods which cannot be fitted into broad entries into schedule of taxing statute are only required to be taken to residuary entry(08.03.2019)
The Appellants had approached the writ Court by filing Writ Petition. In the said writ application, the taxability of a widely known drink "Frooti" ma.....
Tags : Product, Classification, Levy thereof
Simultaneous penalties under Section 76 as well as 78 of Finance Act cannot be imposed(26.02.2019)
The Respondents are engaged in providing advertising services by displaying the advertisement of their clients on bus back panels, bus shelters etc., .....
Tags : Demand, Penalty, Levy
TDS provisions under Section 194H of IT Act is not applicable on sale of recharge vouchers and pre-paid vouchers to sole distributors(18.05.2020)
Present cross appeals filed by the Revenue as well as the assessee are directed against the common order of the learned Commissioner of Income Tax (Ap.....
Tags : Levy, TDS provisions, Applicability
As the subject-goods comes under a particular chapter-heading, there is no necessity to import “common parlance” test(01.05.2020)
Present two appeals against the decision of the Customs Excise & Service Tax Appellate Tribunal (CESTAT) rendered on 16th July, 2008 require adjudicat.....
Tags : Duty, Levy, Goods, Classification
Rule 9 (1) (e) of Valuation Rules cannot be automatically applied to every import which has surface features of a turnkey contract(27.04.2020)
The dispute in present appeal relates to valuation under the Customs Act, 1962 of import of certain items made by the Respondent Steel Authority of In.....
Tags : Post importation, Duty, Levy
Assessee is not liable for tax on capital gain, when Assessee is neither a signatory to subsequent Sale Deed nor is recipient of any of sale consideration(29.04.2020)
In facts of the present case are that the Assessee, an individual, did not file any return of income for the relevant assessment year. The Assessing O.....
Tags : Capital gain, Levy, Legality
Where the value declared in the return of income has been accepted by the Assessing officer, there cannot be any basis for levy of penalty for concealment of income(15.02.2021)
Present is an appeal filed by the assessee against the order of Learned CIT(A). The only effective ground of appeal relates to levy of penalty under S.....
Tags : Penalty, Levy, Legality
Authority under RERA Act, 2016 is empowered to impose interest on contravention of obligations by promoter(04.11.2020)
In facts of present case, the Petitioner is a promoter. The Respondent Nos.3 to 119 are allottees. The Petitioner could not deliver possession of the .....
Tags : Interest, Levy, Validity
Remittance made by the assessee abroad towards commission expenses is not chargeable to tax in India(11.01.2021)
In instant case, the Assessing Officer (AO) disallowed claim towards commission expenses on export sales to the extent of Rs. 78,90,570 in the course .....
Tags : Assessment, Tax, Levy
For levy of service tax, a specific amount has to be agreed between service recipient and service provider(27.11.2018)
The Appellant 'Premium Real Estate Developers', New Delhi is a partnership firm and is in the business of real estate trade. The issue involved in thi.....
Tags : Transaction, Tax, Levy
Subsequent compliance in assessment proceedings is considered as a good compliance and default committed earlier needs to be condoned by the Assessing officer(28.10.2020)
Present appeals have been preferred by the Assessees against the separate orders of the Learned Commissioner of Income Tax (Appeals) {CIT(A)} wherein .....
Tags : Penalty, Levy, Validity
No penalty shall be imposable on the persons or the assessee, if he proves that there was a reasonable cause for failure referred in Section 271 D of IT Act, 1961(10.03.2021)
In facts of present case, the assessee filed return of income declaring income of Rs. 2,30,000 plus agricultural income of Rs. 1,10,000 was filed on 3.....
Tags : Penalty, Levy, Legality
When the notice issued by AO is ambiguous, penalty proceedings are not sustainable(09.04.2021)
The assessee is private limited company, engaged in the business of share, commodity trading and investment activities. It filed its return of income .....
Tags : Penalty, Levy, Validity
In order to bring ‘Business profits’ of a resident of the other country to tax in India within the ambit of Article 7 of DTAA, foreign enterprise must have a Permanent Establishment (PE) in India(15.06.2021)
The assessee is a company registered in, and a tax resident of the United States of America. No return of income was filed for the year under consider.....
Tags : Assessment, Tax, Levy
Supply of tangible goods will fall under the taxable services only when right to possession and effective control is not transferred(02.05.2019)
In facts of present case, during the course of audit it was noticed that, Appellant has recovered rent charges towards rents of gas cylinders obtained.....
Tags : Tax, Levy, Validity
Where inapplicable portions were not struck off in the penalty notice, the penalty was vitiated(17.05.2021)
The facts of the case are that the assessee has been the proprietor of Food Land Agro (India) engaged in the business of processing and sale of milk. .....
Tags : Penalty, Levy, Notice
Concealment of income can be levied only in cases where the concealment has been proved(26.07.2021)
Assessee is a company who filed its return of income for A.Y. 2008-09, declaring total income of Rs.1307,37,84,038. Thereafter, assessee filed revised.....
Tags : Assessment, Penalty, Levy
Penalty provisions are applicable only when there is a failure to furnish returns or there is concealment of income or furnishing of inaccurate particulars before the Assessing Officer(23.07.2021)
The assessee is an individual and earned income from purchase and sale of properties and shown income under the head capital gain. The assessee claim .....
Tags : Penalty, Levy, Validity
Penalty levied shall be cancelled, where as a result of final order, the amount of tax, with respect to the default in payment of which the penalty was levied, has been wholly reduced(20.07.2021)
Both the appeals filed by the respective assessees are directed against the orders passed by Learned Commissioner of Income Tax [CIT(A)] in their resp.....
Tags : Assessment, Penalty, Levy
Where the assessee is prevented by sufficient reasonable cause for obtaining a tax audit report, the penalty shall not be levied(03.11.2021)
The Appellant is a co-operative society registered under the provisions of Maharashtra Co-operative Societies Act, 1960. The Appellant society is enga.....
Tags : Penalty, Levy, Legality
Notice under Section 274 of the IT Act should specifically state the grounds on which penalty was sought to be imposed(13.05.2022)
The present appeals have been filed by the assessee against the orders of the learned CIT(A). The Assessing Officer made addition on account of agricu.....
Tags : Penalty, Levy, Legality
Levy of penalty has to be clear as to the limb under which it is being levied(17.05.2022)
The Assessee has claimed expenses of Rs. 48,53,671 under the "business promotion expenses" which were disallowed by the Assessing Officer (AO) on the .....
Tags : Penalty, Levy, Legality
Service can be taxable in the hands of the recipient in India only when the part of it is performed in India(26.09.2022)
The issue involved in the present case is that whether the Appellant is liable to pay service tax in respect of exhibition service provided by foreign.....
Tags : Tax, Levy, Legality
AO has to specify the default for which the penalty notice is issued so that the assessee is aware of the charge against him(25.01.2023)
In facts of present case, the Department received information that, the assessee has deposited cash of Rs. 14,62,150 in his savings bank account with .....
Tags : Penalty, Levy, Legality
Reasons for the formation of the belief must have rational connection with or relevant bearing on the formation of the belief(18.01.2023)
The assessee is a resident individual engaged in Multi-Level-Marketing on agency basis, had filed return of income ["ITR"] for AY 2011-12 declaring to.....
Tags : Assessment, Tax, Levy
User development fee is a statutory levy and not subjected to levy of service tax(19.05.2023)
In present appeals, orders of the Customs, Excise and Service Tax Appellate Tribunal (“CESTAT”) are impugned by the service tax authorities (“the reve.....
Tags : UDF, Collection, Statutory levy
Same activity can be taxed as ‘goods’ and ‘services’ provided contract is indivisible(10.04.2023)
The Revenue has preferred the present appeals feeling aggrieved with the impugned judgment and order passed by the CESTAT, by which the CESTAT has hel.....
Tags : Design services, Levy, Tax
When the entire addition has been made on the basis of estimation, penalty levied is not sustainable(28.04.2023)
In the basis of completed assessment framed under Section 143(3) read with 153C of the Income Tax Act, 1961 (IT Act) determining the total income at R.....
Tags : Penalty, Levy, Legality
Assessee cannot be subjected to penalty on the basis of show cause notice containing completely erroneous category of service(14.08.2023)
Present appeals arise out of service tax demands on the basis of four Show Cause Notices. The notices were issued under Section 73 of the Finance Act,.....
Tags : Notices, Demand, Levy
Levy of penalty has to be clear as to the limb under which it is being levied(23.11.2023)
The Assessee has challenged the penalty order on various grounds. In the instant case, the AO initiated penalty under Section 271(1)(c) of the Income .....
Tags : Penalty, Levy, Legality
Rules under Section 48 of LIC Act does not authorise the insurer to levy a service charge or fee for recording the endorsement of assignment or transfer(06.09.2023)
The Appellant-insurer issued a circular on 24th April 2006 and imposed a registration charge of Rs. 250 per assignment. The first Respondent-Dravya Fi.....
Tags : Endorsement, Fee, Levy
Common maintenance charges cannot be termed as the income of the assessee(28.09.2023)
The only dispute raised by the assessee is against the taxation of maintenance charges in its hands as income from house property. The Assessing Offic.....
Tags : Maintenance charges, tax, Levy
Where addition is made purely on estimate basis, no penalty is leviable(21.03.2024)
Present appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi ['the CIT.....
Tags : Assessment, Penalty, Levy
Penalty can only be levied in cases where concealment of income has been proven(15.03.2022)
Present appeal has been filed challenging the order passed by Delhi Bench of the ITAT ('Tribunal'). The Appellant states that, the charging of interes.....
Tags : Assessment, Penalty, Levy
Amount of surcharge under Section 5A of OST Act to be levied before deducting amount of entry tax paid by a dealer(28.10.2016)
Respondents are engaged in sale and purchase of Motor Vehicles and are registered dealers under Orissa Sales Tax Act, 1947 ('OST Act') as well as unde.....
Tags : Surcharge, Entry tax, Levy
If a service is rendered, but no consideration is received, service tax cannot be charged(27.03.2024)
In present matter, Pharmax Corporation Ltd. provides various services and pays service tax on them. During the course of audit and scrutiny of balance.....
Tags : Consideration, Charge, Levy
Income received by way of interest on compensation or on enhanced compensation shall be chargeable to tax(08.04.2024)
The present appeal involves an examination of the taxability of the interest component, earned on compensation or enhanced compensation, ordered under.....
Tags : Tax, Levy, Interest
Demand of Service Tax on ocean freight cannot sustain(25.03.2024)
The Appellant is engaged in providing Custom House Agent Services, Steamer Agent Services and Business Support Services. The Appellant collected exces.....
Tags : SCN, Tax, Levy
An assessee should be given sufficient opportunity to explain their case particularly for invocation of penal provision(24.06.2022)
The Appellant have defaulted the regular payment of duty thereafter the department frozen the bank account of the Appellant and recovered the non paid.....
Tags : Penalty, Levy, Validity
There should be a finality attached to the issue once it stands decided by the higher Courts on merits(05.12.2016)
Appellant was Ruler of the princely State of Kota. He owned extensive properties which, included two residential palaces known as "Umed Bhawan Palace".....
Tags : Levy, exemption, Entitlement
All laws are deemed to apply prospectively unless either expressly specified to apply retrospectively(01.09.2020)
Present appeal takes exception to the Final Order passed by the Customs, Excise & Service Tax Appellate Tribunal, whereby the customs duty levied upon.....
Tags : Customs duty, Levy, Validity
When the addition is on estimated basis, penalty cannot be levied on adhoc estimated income(03.02.2023)
The Revenue has filed the appeal against the order of the National Faceless Appeal Centre (NFAC), Delhi / CIT(A) passed under Section 250 of the Incom.....
Tags : Penalty, Levy, Legality
Penalty under Section 271AAA of IT Act cannot be imposed on the basis of surrendered amount(16.05.2023)
Present appeal has been preferred by the Assessee against the order of CIT(A)-XXXI arising out of an appeal before it against the order passed under S.....
Tags : Penalty, Levy, Legality
A tax on sale or purchase of goods includes a tax for transfer of right to use goods(04.12.2019)
The question involved in the appeal is whether it is open to the State of Karnataka to levy Sales Tax in view of the Time Charter Agreement dated 8th .....
Tags : Agreement, Transaction, Tax, Levy
Defect in notice by not striking off the irrelevant matter vitiates the penalty proceedings(15.12.2023)
The present appeal has been filed by the assessee challenging the impugned order passed under Section 250 of the Income Tax Act, 1961 (IT Act) by the .....
Tags : Penalty, Levy, Legality
Benefit extended under Customs Act waiving customs duty cannot be taken as waiver of sales tax under state and central laws(21.01.2020)
The admitted factual position in the present cases is that, after importing foreign made cigarettes, the Appellants stored the same in the customs bon.....
Tags : Sales tax, Levy, Legality