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...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
The High Court addressed the issue of invoking the extended period of limitation for non-payment of service tax. The Court held that the Tribunal's finding of no documentary evidence indicating the service rendered was erroneous. It emphasized that two units of a company cannot be treated as separate entities for service tax purposes. The Court cited legal precedent to support that a company is a single entity under the law, and divisions/branches cannot be considered distinct legal entities. The Court also noted that the Tribunal's decision contradicted established legal principles regarding service tax credit and the relationship between units of the same company. Ultimately, the Department's appeal was rejected, and the Tribunal's order was deemed unsustainable and contrary to the law. The appeal of the Revenue was dismissed.
The High Court addressed the issue of invoking the extended period of limitation for non-payment of service tax. The Court held that the Tribunal's finding of no documentary evidence indicating the service rendered was erroneous. It emphasized that two units of a company cannot be treated as separate entities for service tax purposes. The Court cited legal precedent to support that a company is a single entity under the law, and divisions/branches cannot be considered distinct legal entities. The Court also noted that the Tribunal's decision contradicted established legal principles regarding service tax credit and the relationship between units of the same company. Ultimately, the Department's appeal was rejected, and the Tribunal's order was deemed unsustainable and contrary to the law. The appeal of the Revenue was dismissed.
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