Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Page of 4798
Press 'Enter' after typing page number.
181 to 200 of 95955 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
PILCOM was treated as only a managing committee for the World Cup, not an independent assessable entity or association of persons, so the protective additions could not stand. The Tribunal held that receipts and relating to matches in India, and the common receipts already covered in the assessee's accounts and return under the agreed financial arrangement, could not be separately taxed again in PILCOM's hands. It also held that amounts linked to matches outside India were not taxable on a protective basis where the assessee neither received nor was entitled to receive them. The Revenue's appeal failed and the deletion of the protective assessment was upheld.
PILCOM was treated as only a managing committee for the World Cup, not an independent assessable entity or association of persons, so the protective additions could not stand. The Tribunal held that receipts and relating to matches in India, and the common receipts already covered in the assessee's accounts and return under the agreed financial arrangement, could not be separately taxed again in PILCOM's hands. It also held that amounts linked to matches outside India were not taxable on a protective basis where the assessee neither received nor was entitled to receive them. The Revenue's appeal failed and the deletion of the protective assessment was upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
