SC reverses HC, grants
exemption from ‘entertainment tax’ on gate receipts from live musical
concert/program under Gujarat Entertainment Tax Act, 1977 (Act); Notes that
Section 3A was brought in year 1998 whereby Schedule III specified list of
entertainments outside ambit of charging Section 3 and first item of said
Schedule read as, “All kinds of musical programmes including musical nights and
opera”; Perusing speech of Finance Minister which led to incorporation of
Section 3A, elucidates that, “all kinds of musical programmes, without any
qualification, have been sought to be taken out of the purview of the charging
section”; Consequently, HC’s denial of exemption to assessee on the ground that
musical concert organized was not for purposes of promotion of educational,
cultural or charitable purposes activities as required u/s 29 but for
commercial purposes, is untenable when form of entertainment is included in
Schedule III; Remarks that, “If a form of entertainment is not taxable under
Section 3A of the Act we do not see how the requirement of exemption and
necessity to conform to the requirement of exemption can apply to a non-taxable
form of entertainment” : SC
Subscribe to:
Post Comments (Atom)
Recent Landmark GST Judgments: A Comprehensive Overview
The Goods and Services Tax (GST) regime continues to evolve through judicial interpretations. From the Supreme Court to various High Court...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
In a significant development, the Supreme Court has dismissed the Revenue’s Special Leave Petition (SLP) challenging a Bombay High Court (...
-
Sr No Due Date Related to Compliance to be made 1. 11.06.2026 GST ...
-
The introduction of the Goods and Services Tax Appellate Tribunal (GSTAT) has brought significant changes to the pre-deposit framework for...
-
Selling a property can trigger a significant tax liability in the form of capital gains tax. However, the Income-tax Act, 1961, allows you...
-
With the government making Aadhaar Card ( unique identification card ) mandatory in procuring LPG connections, issuing passports, sale or...
-
Introduction Employee welfare is a cornerstone of corporate responsibility, and gratuity forms a critical part of the social security benefi...
-
This is to update you on procedure prescribed by the Office of the Development Commissioner, Karnataka Sub Zone (the “Office”) to be foll...
-
MARRIAGE EXPENSES - POWERS OF I.T. AUTHORITIES In the recent past the Income Tax Department has been concentrating on collecting informat...
-
The provision of a corporate guarantee, where one company pledges to cover the financial obligations of another (often a subsidiary or affil...
No comments:
Post a Comment