Gift received on the occasion of marriage of assessee's daughter- Whether chargeable to tax under section 56
Where the gift cheques were in the name of assessee and not in the name of assessee's daughter, whose marriage was solemnized, therefore, the aggregate gifts exceeding Rs. 50,000 were to be treated as income from other sources. (2012) 46 (II) ITCL 59 (Chd 'B'-Trib) In the ITAT, Chandigarh 'B' Bench Rajinder Mohan Lal v. Dy. CIT Rajinder Mohan Lal v. Deputy Commissioner of Income Tax
SERVICE TAX CASE LAW
Business auxiliary service-Amount collected from manufacturers of medicines for publishing in it s monthly publication details of medicines manufactured-Levy of service tax
Mere publication of name of the company and name of the product along with details relating to price, packaging and dosage would be of use only for the chemists/druggists. In fact this information would not of use even to the chemist who is required to dispense medicines in the shop. The medicines are marketed and promoted through medical representatives and other means, Therefore, the service provided by the assessee did amount to business auxiliary service:-Federation of Gujarat State Chemist & Druggist Association v. CCE (CESTAT-Ahmd.) Order No. A/290/WZB/AHD of 2012, decided on 28-02-2012.
Where the gift cheques were in the name of assessee and not in the name of assessee's daughter, whose marriage was solemnized, therefore, the aggregate gifts exceeding Rs. 50,000 were to be treated as income from other sources. (2012) 46 (II) ITCL 59 (Chd 'B'-Trib) In the ITAT, Chandigarh 'B' Bench Rajinder Mohan Lal v. Dy. CIT Rajinder Mohan Lal v. Deputy Commissioner of Income Tax
SERVICE TAX CASE LAW
Business auxiliary service-Amount collected from manufacturers of medicines for publishing in it s monthly publication details of medicines manufactured-Levy of service tax
Mere publication of name of the company and name of the product along with details relating to price, packaging and dosage would be of use only for the chemists/druggists. In fact this information would not of use even to the chemist who is required to dispense medicines in the shop. The medicines are marketed and promoted through medical representatives and other means, Therefore, the service provided by the assessee did amount to business auxiliary service:-Federation of Gujarat State Chemist & Druggist Association v. CCE (CESTAT-Ahmd.) Order No. A/290/WZB/AHD of 2012, decided on 28-02-2012.
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