Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The HC held that Maize oil and Maize cake, though produced incidentally during starch manufacture, possess independent commercial identity and constitute by-products of starch rather than by-products of the cereal; consequently they do not fall within the general exemption for by-products of cereals under Entry 91(ii) of Schedule I. As specific taxable entries exist for vegetable and edible oils, the applicant is not entitled to exemption and the goods are taxable under the applicable provisions of the M.P. Commercial Tax Act, 1994 and therefore not exempt from central sales tax under Section 8(2A) of the CST Act. All tax references were answered and disposed of.
The HC held that Maize oil and Maize cake, though produced incidentally during starch manufacture, possess independent commercial identity and constitute by-products of starch rather than by-products of the cereal; consequently they do not fall within the general exemption for by-products of cereals under Entry 91(ii) of Schedule I. As specific taxable entries exist for vegetable and edible oils, the applicant is not entitled to exemption and the goods are taxable under the applicable provisions of the M.P. Commercial Tax Act, 1994 and therefore not exempt from central sales tax under Section 8(2A) of the CST Act. All tax references were answered and disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
