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...
The Appellate Tribunal addressed issues u/s Classification and Taxability of Services, Penalties u/s Section 9AA, and Performance-Based Services. The Tribunal found that the demand of service tax on foreign currency payments was not sustainable as the specific category for tax liability was not classified. The payments for ship repairs and maintenance were for services availed outside India and not taxable in India. Performance-based services were not liable for service tax if performed outside India. Penalties imposed u/s Section 9AA were set aside due to lack of evidence establishing the director's responsibility. The demands were deemed unsustainable, thus no interest or penalty was warranted. Appeal allowed.
The Appellate Tribunal addressed issues u/s Classification and Taxability of Services, Penalties u/s Section 9AA, and Performance-Based Services. The Tribunal found that the demand of service tax on foreign currency payments was not sustainable as the specific category for tax liability was not classified. The payments for ship repairs and maintenance were for services availed outside India and not taxable in India. Performance-based services were not liable for service tax if performed outside India. Penalties imposed u/s Section 9AA were set aside due to lack of evidence establishing the director's responsibility. The demands were deemed unsustainable, thus no interest or penalty was warranted. Appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
