Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
CESTAT allowed the appeal and set aside the impugned order. The Tribunal held that a single appeal filed by the corporate headquarters representing multiple units under one PAN is maintainable because liabilities are consolidated at head office; Explanation (2) to Rule 6A does not compel separate appeals where noticees are not distinct legal entities. EPC/turnkey contracts were held divisible; supplies of equipment under separate sale contracts could not be aggregated into the value of works contracts for Service Tax. The extended period invocation was unwarranted for lack of fraud or suppression. Consequently tax demands, interest and penalties were quashed, and the penalty under s.78A on the managing director was set aside.
CESTAT allowed the appeal and set aside the impugned order. The Tribunal held that a single appeal filed by the corporate headquarters representing multiple units under one PAN is maintainable because liabilities are consolidated at head office; Explanation (2) to Rule 6A does not compel separate appeals where noticees are not distinct legal entities. EPC/turnkey contracts were held divisible; supplies of equipment under separate sale contracts could not be aggregated into the value of works contracts for Service Tax. The extended period invocation was unwarranted for lack of fraud or suppression. Consequently tax demands, interest and penalties were quashed, and the penalty under s.78A on the managing director was set aside.
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