Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
HC ruled in favor of the assessee on multiple taxation issues related to insurance business. The court held that Section 14A does not apply to insurance company assessments, which are governed by Section 44 and First Schedule rules. The court affirmed the scientific basis for IBNR and IBNER provisions made by a registered actuary. Regarding motor vehicle dealer payments, the matter was remanded to the Assessing Officer to verify services based on CESTAT's order. Substantially, the decision favored the assessee on computational methodology and provision claims, with a limited remand on one specific issue against the assessee.
HC ruled in favor of the assessee on multiple taxation issues related to insurance business. The court held that Section 14A does not apply to insurance company assessments, which are governed by Section 44 and First Schedule rules. The court affirmed the scientific basis for IBNR and IBNER provisions made by a registered actuary. Regarding motor vehicle dealer payments, the matter was remanded to the Assessing Officer to verify services based on CESTAT's order. Substantially, the decision favored the assessee on computational methodology and provision claims, with a limited remand on one specific issue against the assessee.
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