PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Impugned show cause notice for shortfall in service tax payment based on Rule 5(1) of Service Tax (Determination of Value) Rules, 2006 quashed as ultra vires Section 67 of Finance Act, 1994. Supreme Court held Rule 5 and Rule 2(c) of Rules, 2006 cannot include reimbursable expenses in taxable value prior to amendment of Section 67 by Finance Act, 2015 with effect from May 14, 2015. Show cause notice pertaining to period before May 13, 2015 contrary to Supreme Court decision, hence quashed being without jurisdiction.
Impugned show cause notice for shortfall in service tax payment based on Rule 5(1) of Service Tax (Determination of Value) Rules, 2006 quashed as ultra vires Section 67 of Finance Act, 1994. Supreme Court held Rule 5 and Rule 2(c) of Rules, 2006 cannot include reimbursable expenses in taxable value prior to amendment of Section 67 by Finance Act, 2015 with effect from May 14, 2015. Show cause notice pertaining to period before May 13, 2015 contrary to Supreme Court decision, hence quashed being without jurisdiction.
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