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...
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CESTAT allowed the appeal and quashed the impugned order, holding that transfer of land development rights does not constitute a taxable "service" within the scope of Section 65B(44) of the Finance Act. The Tribunal found prior legal principles controlling and rejected the Revenue's factual distinction between parties as immaterial to the legal conclusion that rights to develop/construct and market, when constituting transfer of land development rights, fall outside service tax levy. Accordingly, the show-cause notice and demand were set aside as unsustainable, and relief was granted to the assessee.
CESTAT allowed the appeal and quashed the impugned order, holding that transfer of land development rights does not constitute a taxable "service" within the scope of Section 65B(44) of the Finance Act. The Tribunal found prior legal principles controlling and rejected the Revenue's factual distinction between parties as immaterial to the legal conclusion that rights to develop/construct and market, when constituting transfer of land development rights, fall outside service tax levy. Accordingly, the show-cause notice and demand were set aside as unsustainable, and relief was granted to the assessee.
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