Income-Tax rules, which in the instant case has no
applicability and learned commissioner of Income-Tax (Appeals),
Alwar has erred in sustaining the same ... assessee company of Rupees 3,24,17,009 being VAT
reimbursement and in the nature of capital receipt in view of the
Bombay High Court
State Government, Municipal,
etc., such as Entry Tax/Octrol/VAT/Works Contact Tax/any
other local taxes, duties, levies, ete. which are not Included ... claimant. Thus, apart from Income Tax i.e., the direct tax, all
indirect taxes and duties were to be reimbursed by the respondent.
Pertinently, this
concerned with the Reimbursement of tax or tax paid on
reimbursement known as grossing-up. In other words, this
section has no application ... total of tax on income
from core activity of the generation company. Thus the entire
tax inclusive of grossed up tax is relatable
assessment year, the balance
has been put to tax by the Sales Tax Authority. The tax, as we
find, has been imposed in the light ... sales tax as assessed
by the sales tax officer on items which go into construction of
the work. This tax is not reimbursable since
commerce and Central Sales Tax was paid thereon, the
amount of tax paid under the local tax law was reimbursable to the dealer
paying such ... Industries [Tax Exemption] Scheme,
2009 making payment of 1% tax and claiming remission of 99% tax as per the
provisions of Assam Industries [Tax Exemption
commerce and Central Sales Tax was paid thereon, the
amount of tax paid under the local tax law was reimbursable to the dealer
paying such ... Industries [Tax Exemption] Scheme,
2009 making payment of 1% tax and claiming remission of 99% tax as per the
provisions of Assam Industries [Tax Exemption
commerce and Central Sales Tax was paid thereon, the
amount of tax paid under the local tax law was reimbursable to the dealer
paying such ... Industries [Tax Exemption] Scheme,
2009 making payment of 1% tax and claiming remission of 99% tax as per the
provisions of Assam Industries [Tax Exemption
commerce and Central Sales Tax was paid thereon, the
amount of tax paid under the local tax law was reimbursable to the dealer
paying such ... Industries [Tax Exemption] Scheme,
2009 making payment of 1% tax and claiming remission of 99% tax as per the
provisions of Assam Industries [Tax Exemption
remission of VAT payable under Assam VAT Act, 2003 and central
sales tax payable under Central Sales Tax Act, 1956 for a period ... benefit of remission of VAT payable under Assam VAT
Act, 2003 and central sales tax payable under Central Sales Tax Act,
1956 on establishment
commerce and Central Sales Tax was paid thereon, the
amount of tax paid under the local tax law was reimbursable to the dealer
paying such ... Industries [Tax Exemption] Scheme,
2009 making payment of 1% tax and claiming remission of 99% tax as per the
provisions of Assam Industries [Tax Exemption
