Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Refund of service tax allegedly deducted under reverse charge requires documentary or other evidence establishing actual payment. A refund claim narration or work order may indicate an intended deduction but does not verify debit and deposit; unsupported refund components may therefore be withheld. Voluntarily self-assessed service tax claimed as paid under a mistake of law remains governed by the refund and interest framework in Sections 11B and 11BB, rather than being treated as a revenue deposit. Interest on admissible refunds accrues only after three months from receipt of the refund application, at the notified 6% rate, not from the payment date or at a higher rate.
Refund of service tax allegedly deducted under reverse charge requires documentary or other evidence establishing actual payment. A refund claim narration or work order may indicate an intended deduction but does not verify debit and deposit; unsupported refund components may therefore be withheld. Voluntarily self-assessed service tax claimed as paid under a mistake of law remains governed by the refund and interest framework in Sections 11B and 11BB, rather than being treated as a revenue deposit. Interest on admissible refunds accrues only after three months from receipt of the refund application, at the notified 6% rate, not from the payment date or at a higher rate.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
