Inaccurate-particulars penalties fail where transfer-pricing documentation shows good faith and due diligence, and underlying capital-gains additions ...
Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
E-filing system failure permits exclusion of affected time in insolvency appeals, preventing tribunal technology defects from defeating timely filings...
Pre-existing disputes over outcome-based professional fees can bar Section 9 insolvency proceedings where contractual entitlement requires investigati...
Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains cover...
Page of 4888
Press 'Enter' after typing page number.
741 to 760 of 97755 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Transfer of title in goods, including deemed sales under works...
Works-contract goods transfers remain outside service tax, while qualifying lift irrigation works receive exemption and extended limitation cannot apply.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Transfer of title in goods, including deemed sales under works contracts, falls outside service tax; tax applies only to the service portion, and valuation must exclude goods on which sales tax or VAT is payable. Accordingly, service-tax demands based on the sale-of-goods component of lift irrigation and supply-and-installation contracts were unsustainable. Lift irrigation works supplied to a government-established and controlled body performing municipal functions qualified for exemption as services to a governmental authority. Extended limitation required wilful suppression or another specified positive act and could not rest solely on an interpretative exemption claim, Form 26AS information, or alleged non-payment. The notices and consequential demands were barred by limitation and set aside.
Transfer of title in goods, including deemed sales under works contracts, falls outside service tax; tax applies only to the service portion, and valuation must exclude goods on which sales tax or VAT is payable. Accordingly, service-tax demands based on the sale-of-goods component of lift irrigation and supply-and-installation contracts were unsustainable. Lift irrigation works supplied to a government-established and controlled body performing municipal functions qualified for exemption as services to a governmental authority. Extended limitation required wilful suppression or another specified positive act and could not rest solely on an interpretative exemption claim, Form 26AS information, or alleged non-payment. The notices and consequential demands were barred by limitation and set aside.
Note: It is a system-generated summary and is for quick reference only.