Input Tax Credit -- Benefit of ITC is available to bona fide purchaser dealers who paid taxes in good faith to registered seller dealer even though selling dealer did not deposit collected tax with government...........
Finance Act, 1994, Section 66 -- Service tax - All kinds of services rendered by Airports Authority in any airport are taxable services and are chargeable to service tax u/s 66 of the Act...........
Finance Act, 1994, Section 65(105)(zzm), 66 -- Service tax - Handling of export cargo - Definition of "cargo handling service" includes various kinds of services rendered at airport, but it specifically excludes "handling of export cargo" - However, that by itself would not be sufficient to exclude it from definition of taxable service u/s 65(105) of the Act - Services..........
Motor Vehicles Act, 1988, Section 166 -- Accident - Determination of income of claimant - Registration of firm of claimant took place in 2006 and income tax returns produced are also for assessment years 2005-2006 and 2006-2007 relatable to financial years 2004-2005 and 2005-2006 which are prior to accident which occurred in 2007 - It cannot be said that claimant..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Mere non filing of income tax return or non mentioning of transactions in income tax returns would not automatically dislodge case of complainant u/s 138 of the Act...........
Central Goods and Services Tax Act, 2017, Section 129(3) -- Detention of vehicle - Issue is whether upon payment of tax and penalty by the appellant within the time stipulated in the notice under section 129(3), the proper officer is still mandatorily required to pass a final order under section 129(3) - Compliance with procedural requirements is essential not only for..........
Criminal Procedure Code, 1973, Section 125 -- Maintenance - Income - Income tax return of an individual cannot be considered as conclusive proof of his income as primarily return is based on information provided by tax payer himself...........
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 13(4) -- Secured asset - Tenant in secured asset - Respondent claimed he was a tenant in the secured asset from 1987 - However, he was unable to place on record any rent receipt, tax receipt or electricity bill evidencing continued occupation of premises prior to..........
Madhya Pradesh Entry Tax Act, 1976, Section 3(1), 2(1)(aa), 2(b) -- Levy of entry tax - Appellant/dealer by sale to warehouse caused to be effected the entry of goods and entry was occasioned on account of sale into local area for consumption, use or sale therein - They are liable to pay entry tax...........
Agreement to sell -- Specific performance - Ready and willing - There is no law which mandates production of audited books of accounts or Income Tax returns to show that plaintiff is using properly accounted money and not black money for purpose of payment of sale consideration...........
