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Taxation Law

Charitable Activity : Incidental activities generating surplus do not disqualify

Charitable Activity : Incidental activities generating surplus do not disqualify

This ruling highlights the ongoing debate over the scope of charitable activities and the application of tax exemptions ...

A trust engaged in educational activities but failing to meet the definition of "education" : No registration under Section 12AB.

A trust engaged in educational activities but failing to meet the definition of "education" : No registration under Section 12AB.

The tribunal's decision reinforces the judiciary's stance on maintaining a stringent interpretation of educational and c...

DDT under Section 115-O is a tax on the company's profits and not on the dividend income of shareholders

DDT under Section 115-O is a tax on the company's profits and not on the dividend income of shareholders

Consequently, the Tribunal ruled against the refund of excess DDT, aligning with the precedent that DDT is non-creditabl...

Rural agricultural land, not converted to non-agricultural, is not a "capital asset" : Does not attract capital gains tax.

Rural agricultural land, not converted to non-agricultural, is not a "capital asset" : Does not attract capital gains tax.

The judgment represents a critical interpretation of the Income-tax Act concerning rural agricultural lands, reinforcing...

Payments made to payment gateway like CC Avenues are not subject to TDS

Payments made to payment gateway like CC Avenues are not subject to TDS

The tribunal's decision effectively sets aside the orders of the lower authorities and directs the deletion of the TDS d...

No reopening of assessment when the alleged accommodation entries have been repaid

No reopening of assessment when the alleged accommodation entries have been repaid

This judgment reinforces the accountability of tax authorities to substantiate claims of income escapement and highlight...

Search and seizure under Section 132 - Court has no power to review "reasons to believe"

Search and seizure under Section 132 - Court has no power to review "reasons to believe"

The court concluded that the search was neither arbitrary nor malicious and was conducted in accordance with the law. It...

Tax Assessment - Where no time limit is prescribed for finalisation, the  authority must exercise its jurisdiction within a reasonable period.

Tax Assessment - Where no time limit is prescribed for finalisation, the authority must exercise its jurisdiction within a reasonable period.

This judgment highlights the Court's adherence to procedural fairness and underscores the importance of timely resolutio...

Tribunal Quashes Service Tax Demand Based Solely on SVLDRS Disclosure

Tribunal Quashes Service Tax Demand Based Solely on SVLDRS Disclosure

This ruling underscores the importance of rigorous procedural adherence in tax demands and reinforces taxpayers' rights ...

Amount received by a non-resident corporate entity from its Indian distributor not taxable as 'royalty'

Amount received by a non-resident corporate entity from its Indian distributor not taxable as 'royalty'

The ruling reiterates the Tribunal's position that the payments received by Factive Limited are not for transferring any...

Customs  - Gold bars recovered from a domestic passenger at the airport - Can not be confiscated.

Customs - Gold bars recovered from a domestic passenger at the airport - Can not be confiscated.

This ruling underscores the necessity for Customs officials to exercise due diligence and form an independent, reasonabl...

CESTAT New Delhi Overturns DRI's Classification of Videocon's Imported Smart Cards

CESTAT New Delhi Overturns DRI's Classification of Videocon's Imported Smart Cards

The case, which involved multiple appeals, centered around the classification of imported smart cards used in Videocon's...

CESTAT Sets Aside Order Against Simran Exports; Clarifies No Reclassification or Penalty Without Evidence

CESTAT Sets Aside Order Against Simran Exports; Clarifies No Reclassification or Penalty Without Evidence

The tribunal's decision underscored the importance of adhering to statutory provisions and procedural requirements, as i...

CESTAT Chennai Bench Declines Jurisdiction; Appeals Referred to President for Special Bench Constitution

CESTAT Chennai Bench Declines Jurisdiction; Appeals Referred to President for Special Bench Constitution

This decision underscores the importance of coordinated judicial processes in cases involving multiple jurisdictions and...

Income Tax - Penalty  cannot be levied when additions are made on the basis of ad hoc estimation of profit or guesswork

Income Tax - Penalty cannot be levied when additions are made on the basis of ad hoc estimation of profit or guesswork

This decision reinforces the principle that penalty provisions necessitate strict construction and cannot be levied on m...

Tribunal Orders Fresh Adjudication in Tax Case of Deceased Assessee

Tribunal Orders Fresh Adjudication in Tax Case of Deceased Assessee

This decision underscores the judiciary's commitment to procedural fairness and the necessity of accommodating exception...

IRCTC Wins Appeal Against Service Tax Demand on Food Plaza Operations

IRCTC Wins Appeal Against Service Tax Demand on Food Plaza Operations

This landmark judgment may set a precedent for similar cases where the nature of agreements and the intention of parties...

Bangalore ITAT Remands Andante Foods LLP Transfer Pricing Case for Fresh Review

Bangalore ITAT Remands Andante Foods LLP Transfer Pricing Case for Fresh Review

This ruling will likely have broader implications for multinational enterprises engaged in international transactions, e...

CESTAT Verdict: Examination Fees Not Taxable Under Manpower Recruitment Services

CESTAT Verdict: Examination Fees Not Taxable Under Manpower Recruitment Services

The judgment offers clarity on the taxability of services provided by government-established bodies, reaffirming the imp...

ITAT Kolkata Allows CSR Donation Deductions and Condones ESI Payment Delay for SREI Equipment Finance Limited

ITAT Kolkata Allows CSR Donation Deductions and Condones ESI Payment Delay for SREI Equipment Finance Limited

The tribunal's decision underscores a balanced approach to statutory compliance, allowing legitimate deductions while ac...

Service Tax demand raised solely on the basis of CBDT data without corroborative evidence is impermissible.

Service Tax demand raised solely on the basis of CBDT data without corroborative evidence is impermissible.

The case revolved around a service tax demand amounting to Rs. 14,65,820, which was based solely on data from the Centra...

Differentiation between "Clearing and Forwarding Agent Services" and "Goods Transport Agency Services"

Differentiation between "Clearing and Forwarding Agent Services" and "Goods Transport Agency Services"

The judgment clarifies that under Section 65B(26) of the Finance Act, 1994, transportation of goods by road qualifies as...

Tribunal Sets Aside Service Tax Demand on Residential Complex Construction by M/s Gourang Charan Das

Tribunal Sets Aside Service Tax Demand on Residential Complex Construction by M/s Gourang Charan Das

The Tribunal's decision also underscored the appellant's eligibility for consequential relief as per law, marking a comp...