Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
Whether penal interest constitutes a declared service under the toleration limb was addressed: the Tribunal applied the test that toleration requires a pre-agreed obligation to tolerate or refrain, and penal interest is compensatory, not consideration for toleration, hence not taxable. Whether liquidated damages/notice pay are taxable: recovery arises from the employeremployee relationship and is compensatory, not consideration for a service, and thus not exigible. Whether CSR payments amounted to sponsorship service: where consideration promotes brand visibility, sponsorship characterization applies and tax demand is sustainable absent documentary proof of pure donation; outcome: sponsorship-related demands upheld. Extended limitation and penalties were sustained where suppression with intent and nondisclosure were found, making interest and penalties payable.
Whether penal interest constitutes a declared service under the toleration limb was addressed: the Tribunal applied the test that toleration requires a pre-agreed obligation to tolerate or refrain, and penal interest is compensatory, not consideration for toleration, hence not taxable. Whether liquidated damages/notice pay are taxable: recovery arises from the employeremployee relationship and is compensatory, not consideration for a service, and thus not exigible. Whether CSR payments amounted to sponsorship service: where consideration promotes brand visibility, sponsorship characterization applies and tax demand is sustainable absent documentary proof of pure donation; outcome: sponsorship-related demands upheld. Extended limitation and penalties were sustained where suppression with intent and nondisclosure were found, making interest and penalties payable.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
