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Last Updated : Monday 13th October, 2014 - 3:05pm

Central Board of Excise & Customs extends the date of submission of the Form ST-3 for the period from 1st April 2014 to 30th September 2014, from 25th October, 2014 to 14th November, 2014. Continue reading | Conditions for export of Dried Silk Worm Pupae to EU have been notified. Continue reading | Where for purpose of export, assessee hired vessel owned by a UAE company which operated only in international traffic/waters between India and Maldives, in view of Indo-UAE DTAA, hire charges paid to UAE company had to be taxed only in UAE Continue reading | Determination of place of removal - CBEC issues guidelines Continue reading | Approval of long term bonds and rate of interest for the purpose of Section 194LC of the Income-tax Act, 1961 Continue reading | Govt hikes tariff value of gold and reduces the same for RBD Palmolein Continue reading | Exchange Rate for the purpose of import and export with effect from  17th October, 2014 Continue reading | Export warehousing - Extension of facility at Bhuj Taluka  in Kutch District in the state of Gujarat Continue reading | Amendment of Notification No. 27/2014 - Central Excise (NT) dated 16.09.2014 Continue reading | Levy of service tax on activities involved in relation to inward remittances from abroad to beneficiaries in India through MTSOs Continue reading |
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Category Archives: High Court Orders

High Court Orders

2014-ITS-1576-HC- Commissioner of Income-tax-11 -Vs- N.G.C. Network (India) (P.) Ltd. , On. N.G.C. Network (India) (P.) Ltd. , On. OCTOBER  13, 2014 

Payments made by resident agent to residents by way of ad spends are not international transactions u/s 92 Continue reading

2014-ITS-1566-HC- Vodafone India Services (P.) Ltd. -Vs- Union of India , On. OCTOBER  10, 2014 

Alleged short-fall in security premium couldn’t be charged to tax; Chapter X doesn’t include a charging provision: HC Continue reading

2014-ITS-1553-HC-Commissioner of Custom & Central Excise, kanpur -Vs- J.P. Transformers , decided on 8-10-2014 

Extension of Stay Order – CESTAT empowered under Section 35C(2A) to grant stay of recovery for 365 days pending appeal before it. It is not empowered to grant extension. Tribunal directed to decide appeal within 6 months, for the same duration waiver of pre-deposit extended. Appeal allowed. Continue reading

2014-ITS-1531-HC-New Holland Tractors (India) (P.) Ltd. -Vs- Commissioner of Income-tax, Delhi -V , On. SEPTEMBER  25, 2014 

Where assessee, a subsidiary of US based company, entered into an agreement during relevant year whereby it received certain amount as licence fee for granting right to use technology relating to manufacturing a particular model of tractor for three years, in view of fact that after execution of agreement, no services or know-how was to be supplied during next three years, entire licence fee was to be taxed in assessment year in question even though payment had to be deposited in escrow account and it was only after successful completion of legal formalities and mutual obligations, deposit was to be received and appropriated by assessee Continue reading

2014-ITS-1532-HC-All India Federation of Tax Practitioners -Vs- Central Board of Direct Taxes, Government of India, Ministry of Finance (Dept. of Revenue) , On. SEPTEMBER  24, 2014 

Now the Madras High Court directs CBDT to extend the due date for filing return to November 30, 2014 Continue reading

2014-ITS-1533-HC-Director of Income-tax (International Taxation)-II -Vs- Panalfa Autoelektrik Ltd. , On. SEPTEMBER  18, 2014 

Commission paid by assessee to its foreign agent for arranging of export sales and recovery of payments could not be regarded as ‘fee for technical services’ under section 9(1)(vii) and, thus, assessee was not liable to deduct tax at source while making said payment Continue reading

2014-ITS-1534-HC-Smt. Kokilaben D. Ambani -Vs- Commissioner of Income-tax, Mumbai City -VI, Mumbai , On. SEPTEMBER  11, 2014 

At the time of determining Annual Letting Value of properties, which are subject to Rent Control Act, it is the duty of AO to determine standard rent if it isn’t fixed under Rent Control Legislation Continue reading

2014-ITS-1483-HC- Director of Income-tax (International Taxation) -Vs- ICICI Bank Ltd. On. AUGUST  21, 2014

Where capital gain accrued to residents of UAE from sale of Government Securities in India carried out through respondent bank, was not taxable in UAE, income so generated could not be subjected to tax in India and, therefore, respondent bank was not liable to deduct tax at source while remitting amount in question to non-residents Continue reading

2014-ITS-1552-HC-Lear Automotive India Pvt. Ltd. -Versus - Commissioner of Central Excise , decided on 19-8-2014 

The appellant availed Technical testing and design services from outside India which became taxable wef 19/4/2006. The adjudicating placed reliance only on the payments made ( being made after 19/4/2006) and didn’t considered the taxable event of services (being performed before 19/4/2006). The Tribunal also didn’t made reference to the appeals of the appellant and dismissed the appeals without applying its mind. The order of Tribunal is quashed and matter is remanded back to be decided afresh on merits. Appeal allowed by way of remand. Continue reading

2014-ITS-1535-HC-Director of Income-tax (International Tax) -Vs- Copal Research Ltd., Mauritius* , On. AUGUST  14, 2014 

There can be no recourse to Explanation 5 to enlarge scope of section 9(1) so as to bring to tax gains or income that may arise from transfer of an asset situated outside India, which does not derive bulk of its value from asset situated in India Continue reading

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