Case Study On Sub-Contract State of Andhra Pradesh & Others Vs Larsen & Tourbo Ltd & Others [Arising out of SLP (C) No.124825 of 2007] Facts: Larsen & Tourbo Ltd [L&T] is engaged in execution of civil works contract. Registered ..
THERE is hardly a day when the SEZ Scheme is not there on the front page of most newspapers. Apart from various sticky aspects, revenue loss theory continues to carry a lot of weight even after many Studies being reported by the media. The indirect t ..
CUSTOM, EXCISE & SERVICE TAX APPELLATE TRIBUNALCan the Tribunal Dismiss Appeal for Non-persecutionRAJESH KUMARADVOCATE. On numerous occasions the Custom, Excise & Service Tax Appellate Tribunal dismisses and appeal in case when the appellant ..
SERVICE TAX ON CONSTRUCTION OF RESIDENTIAL COMPLEX:Gauhati High Court has held in Magus Construction v. Union of India that when a person is engaged in construction of residential complex for sale to various persons, it does not amount to service and ..
10 simple tips to lower your tax bill There’s nothing more demoralizing than watching your income get slashed by taxes. After all, it’s your hard-earned money, and you won’t like it go for whatever cause that may be. However, you can’t do much to avo ..
1. MANDATORY PAYMENT OF DUTY BASED ON PRODUCTION CAPACITY- FOR PAN MASAL AND GUTKA:On 01.07.2008, the Government came out with an notification making it mandatory to pay duty on Pan Masala and Gutka based on production capacity, i.e. number of packag ..
ANNEXURE ADUE DATES FOR SERVICE TAX 1. RegistrationWithin 30 days from the date on which service tax is levied or within 30 days of commencement of business whichever is later.2. Payment of Service Taxa. Payable by individuals, proprietary conc ..
As per Article 19 of Constitution of India, all citizens of India shall have the right: -Ø To freedom of speech and expression.Going though the above Article, I, am writing the following article: - I want to approach the kind attention of all ci ..
IT Act- BonamPartem; Rule of BonamPartem- IT Act, 1961; Lawful sense in IT Act, 1961- Rule of BONAM Partem. ..
If a minor child derives agricultural income , there is no provision under the Finance Act requring clubbing of such income with parent's total income for rate purpose. Only if minor child is assessable in respect of income derived from skill , tale ..