PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Page of 4826
Press 'Enter' after typing page number.
1 to 20 of 96510 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The CESTAT allowed the appeal by the Appellant against the Respondent, setting aside the impugned order as devoid of merits. The Tribunal held the transactions to be principal-to-principal: freight constitutes consideration for space procured from the shipping line, and allotment of that procured space to shippers at negotiated rates is a distinct principal-to-principal transaction. Consequently, brokerage/commission received for promotion or marketing in this context does not qualify as taxable business auxiliary services but flows from independent principal transactions. The appeal is allowed and the impugned order is quashed.
The CESTAT allowed the appeal by the Appellant against the Respondent, setting aside the impugned order as devoid of merits. The Tribunal held the transactions to be principal-to-principal: freight constitutes consideration for space procured from the shipping line, and allotment of that procured space to shippers at negotiated rates is a distinct principal-to-principal transaction. Consequently, brokerage/commission received for promotion or marketing in this context does not qualify as taxable business auxiliary services but flows from independent principal transactions. The appeal is allowed and the impugned order is quashed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
