Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Classification of services - Franchise Service or Business Auxiliary Service? - Race Promotion Contract - The CESTAT found that the contract did not constitute a Franchise Service as defined under Section 65(105)(zze) of the Finance Act, 1994 because it did not involve the transfer of representational rights to JSIL by FOWC. Consequently, the demand of service tax on this basis was not sustainable. - The appeal was allowed, setting aside the demand of service tax, penalties under Sections 77 and 78.
Classification of services - Franchise Service or Business Auxiliary Service? - Race Promotion Contract - The CESTAT found that the contract did not constitute a Franchise Service as defined under Section 65(105)(zze) of the Finance Act, 1994 because it did not involve the transfer of representational rights to JSIL by FOWC. Consequently, the demand of service tax on this basis was not sustainable. - The appeal was allowed, setting aside the demand of service tax, penalties under Sections 77 and 78.
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TaxTMI 
TaxTMI 
