Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Failure by a registered service provider to file ST-3 returns, disclose gross and exempt receipts, or provide requested records is described as deliberate suppression of taxable receipts with intent to evade service tax. The notes state that exemptions, abatements and deductions must be claimed through prescribed returns, and a taxpayer cannot benefit from its own breach of statutory obligations. Where the provider does not dispute the provision or taxability of works contract services and fails to respond to departmental requests, the extended limitation period may be invoked independently of information received from the Income Tax Department. The text further states that the modified service tax demand and the related penalty for suppression were sustained.
Failure by a registered service provider to file ST-3 returns, disclose gross and exempt receipts, or provide requested records is described as deliberate suppression of taxable receipts with intent to evade service tax. The notes state that exemptions, abatements and deductions must be claimed through prescribed returns, and a taxpayer cannot benefit from its own breach of statutory obligations. Where the provider does not dispute the provision or taxability of works contract services and fails to respond to departmental requests, the extended limitation period may be invoked independently of information received from the Income Tax Department. The text further states that the modified service tax demand and the related penalty for suppression were sustained.
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