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Direct Tax

GAAR V/S SAAR In Bonus-Stripping Transaction Adopted By Ayodhya Rami Reddy Alla: Supreme Court Admits SLP, Hearing To Be In Sept.

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Indirect Taxes

Excise Duty Demand Can’t Be Based On Director’s Statement In Absence Of Corroborative Evidence: CESTAT

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Indirect Taxes

CESTAT Allows 57 Dept’s Appeals, Maintained Enhancement In Imported Goods Value By AO

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Indirect Taxes

Erroneous Availment Of Cenvat Credit Recoverable Only After Insertion Of Recovery Provision: CESTAT

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Indirect Taxes

Flood Light Is Functional Part Of Stadium, Can Be Used In World Cup As Well As One Day International Matches; CESTAT Allows Service Tax...

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Indirect Taxes

Operating From Area, Not Notified, Tantamount To Violation Of Section 45 Read With Section 7 And 8 Of Customs Act: CESTAT

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Indirect Taxes

Demand Cannot Be Sustained Beyond Normal Period: CESTAT

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Direct Tax

Remittance Made By Assessee To Foreign Subsidiary Companies Is Not Taxable In India: ITAT 

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Direct Tax

Determination of Commission @ 2.5% on Value Which was Transferred by Book Entry is Justified: ITAT

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Direct Tax

Income Tax Act Gives Powers To Valuation Officer To Get Details From Assessee In Order To Ascertain Value Of Property: ITAT

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