Easy Office

Articles by Deepak Bansal

avatarView Full Profile

Union Budget 2016-17 - Service Tax

  Deepak Bansal    09 March 2016 at 11:12

SERVICE TAX 1.0 Amendments in Finance Act [Effective from date of enactment of Finance Bill, unless otherwise stated] 1.1 Amendment in Negative List 1.1.1 Widening the ambit of Service Tax by way of omission of Education Services specified under Clau



ST insights in Union Budget 2015-2016

  Deepak Bansal    01 March 2015 at 17:59

1.0 Rate of Service Tax[Effective from a date to be notified by Central Government after enactment of Finance Bill] For alignment of Service Tax Rate with GST Rate, it has been proposed to increase the rate of Service Tax from 12% plus Education Cess



Profit on sale of carbon credit is not taxable receipt

  Deepak Bansal    02 December 2014 at 10:59

Reliance in this regard can be placed on the decision of Hon’ble ITAT Bangalore in case of M/s SubhashKabini Power Corporation Limited vs. CIT (ITA No 258/Bang/2014) pronounced on 28th November 2014 wherein the Commissioner taking cognizance of



Cenvat Credit on Inward transportation

  Deepak Bansal    01 December 2014 at 11:11

Can CENVAT Credit on Inward transportation be denied when there is no dispute regarding receipt of material? Reliance in this connection can be placed on the decision of Hon’ble Mumbai CESTAT in case of M/s Mahanagar Gas Limited vs. CCEx [2014-