Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Binding interim judicial directions governed the treatment of leave travel concession payments during the relevant period, so the assessee was obliged to follow those directions and could not be treated as disobeying the TDS requirement under a stand-alone reading of the statute. As the Tribunal held that failure to deduct tax in those circumstances did not constitute default under section 201(1), the consequential interest under section 201(1A) also could not survive. The demand and interest were therefore deleted, and the appeals were allowed.
Binding interim judicial directions governed the treatment of leave travel concession payments during the relevant period, so the assessee was obliged to follow those directions and could not be treated as disobeying the TDS requirement under a stand-alone reading of the statute. As the Tribunal held that failure to deduct tax in those circumstances did not constitute default under section 201(1), the consequential interest under section 201(1A) also could not survive. The demand and interest were therefore deleted, and the appeals were allowed.
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