Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Demand of service tax - Franchise service (reverse charge) - Revenue Sharing Agreement - Instead for every student enrolled in a course, Centennial College, Canada gets a specified amount as a share of the fees. - The tribunal held that the agreement between the appellant and Centennial College, Canada, was determined to be a typical revenue sharing model rather than a franchise service. Therefore, it did not fall within the ambit of taxable franchise services under the reverse charge mechanism.
Demand of service tax - Franchise service (reverse charge) - Revenue Sharing Agreement - Instead for every student enrolled in a course, Centennial College, Canada gets a specified amount as a share of the fees. - The tribunal held that the agreement between the appellant and Centennial College, Canada, was determined to be a typical revenue sharing model rather than a franchise service. Therefore, it did not fall within the ambit of taxable franchise services under the reverse charge mechanism.
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