Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
The case before CESTAT Chandigarh involved the levy of service tax on "liquidated damages in contracts" for penalty/late delivery charges, under section 66E (e) of the Finance Act, 1994. The appellant, a Central Government Public Sector Undertaking, challenged the tax liability. The Tribunal referred to a recent circular by the Department of Revenue stating no liability for service tax/GST on such damages. Previous Tribunal decisions supported the appellant's position that these damages are not subject to service tax. CESTAT held the impugned order as legally unsustainable and allowed the appeal, providing consequential relief as per law.
The case before CESTAT Chandigarh involved the levy of service tax on "liquidated damages in contracts" for penalty/late delivery charges, under section 66E (e) of the Finance Act, 1994. The appellant, a Central Government Public Sector Undertaking, challenged the tax liability. The Tribunal referred to a recent circular by the Department of Revenue stating no liability for service tax/GST on such damages. Previous Tribunal decisions supported the appellant's position that these damages are not subject to service tax. CESTAT held the impugned order as legally unsustainable and allowed the appeal, providing consequential relief as per law.
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