Jurisprudentiol – Tuesday's cases

By Vijay Kumar

Legal Corner Icon — the image was hosted by the publisher and was not captured.Service Tax

Board Circular extended: CESTAT

IT is submitted as since they were in bonafide belief that the reimbursable expenses are not to be included in the assessable value, the larger period cannot be invoked and, therefore, the demand is not sustainable.

Income Tax

Whether when exclusion of income from property occupied by firm - NO: ITAT

THE assessee files salary income stated to have been received from five partnership firms. The

firm he is right in pleading for exclusion of the income from the property occupied by the firm. And the verdict goes in favour of the Revenue.

Central Excise

Stay/

Taking note of the

See our Columns Tomorrow for the judgements