Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Page of 4803
Press 'Enter' after typing page number.
761 to 780 of 96046 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT allowed the appeal, holding that for the period prior to 01.04.2011, no reversal of CENVAT Credit was required for input services used partially in trading activities. The Appellant had already voluntarily reversed Rs. 22,534/- with interest for trading-related credits. The tribunal found the department failed to establish credit inadmissibility, and thus set aside the original order denying CENVAT Credit, interest, and penalty. The decision affirmed the Appellant's right to claim input service credits across manufacturing and trading operations during the specified period.
CESTAT allowed the appeal, holding that for the period prior to 01.04.2011, no reversal of CENVAT Credit was required for input services used partially in trading activities. The Appellant had already voluntarily reversed Rs. 22,534/- with interest for trading-related credits. The tribunal found the department failed to establish credit inadmissibility, and thus set aside the original order denying CENVAT Credit, interest, and penalty. The decision affirmed the Appellant's right to claim input service credits across manufacturing and trading operations during the specified period.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
