Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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Service tax exemption for services provided to UN agencies and educational institutions upheld. Demand regarding services rendered in J&K and SEZ units remanded for fresh adjudication after allowing assessee to submit evidence. Penalties u/ss 77 and 78 set aside due to lack of evidence of suppression. Extended period invoked incorrectly as no positive act of evasion proved. Interest and penalties subject to recalculation based on confirmed demand.
Service tax exemption for services provided to UN agencies and educational institutions upheld. Demand regarding services rendered in J&K and SEZ units remanded for fresh adjudication after allowing assessee to submit evidence. Penalties u/ss 77 and 78 set aside due to lack of evidence of suppression. Extended period invoked incorrectly as no positive act of evasion proved. Interest and penalties subject to recalculation based on confirmed demand.
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