Annexure XIV Continued… - Edelweiss

A prosecution report under section 23 and 24 of the CLRA was filed by the Labour Enforcement Officer
(Central), Katrasgarh against SMASL with the Chief Judicial Magistrate, Dhanbad for the alleged violation of
the provisions of CLRA. The matter was transferred to the court of I st Class Judicial Magistrate, Dhanbad for
disposal in accordance with law. Summons for appearance was issued to Mr. Kuldeep Singh Solanki. The
matter is currently pending.
Income Tax
1. Notice from the Deputy Commissioner of Income Tax Circle 7(1), New Delhi for rectification of
assessment order for A.Y. 2004-2005
SMASL has received a notice under section 154/155 of the I.T. Act dated March 03, 2011 issued by Deputy
Commissioner of Income Tax Circle 7(1), New Delhi. The assessing officer has proposed to amend the
assessment order dated December 22, 2006 by treating ` 0.50 million as income being late deposit of
employees contributions to provident fund. The amount involved in this matter is 0.18 million. SMASL has
filed a reply against the above said notice.
2. SMASL v. Additional Commissioner of Income Tax, Range - 7, New Delhi before CIT Appeals – X,
New Delhi for A.Y. 2009-10
Appeal No. 534764 of 2011
SMASL filed an appeal no. 534764 dated April 28, 2011 before the CIT Appeals – X, New Delhi against the
assessment order dated March 18, 2011 passed under section 143(3) of the I.T. Act by the Additional
Commissioner of Income Tax, Range - 7, New Delhi. The assessing officer has made an addition of ` 0.59
million on account of disallowance under section 224(X) of the I.T. Act. Accordingly, a demand of
` 0.20 million was raised. The total amount involved in this appeal is ` 0.20 million and the matter is currently
pending.
3. SMASL v. Additional Commissioner of Income Tax, Range - 7, New Delhi before CIT Appeals – X,
New Delhi for A.Y. 2008-2009
Appeal No. 897459 of 2010
SMASL filed an appeal no. 897459 dated April 20, 2010 before the CIT Appeals – X, New Delhi against the
assessment order dated March 31, 2010 passed under section 143(3) of the I.T. Act by the Additional
Commissioner of Income Tax, Range-7, New Delhi. The assessing officer has made an addition of ` 0.90
million and ` 0.33 million on account of disallowance under section 14A and section 224(X) of the I.T. Act,
respectively. The total amount involved in this appeal is ` 0.55 million and the matter is currently pending.
Service Tax
1. Show Cause Notice from the Commissioner of Central Excise and Service Tax v. SMASL for service
tax recovery
A show cause notice no. DGCEI/MZU/I&IS/D”/30-135/06/1866 dated February 12, 2007 was issued by
Additional DG, DGCEI, Mumbai pertaining to recovery of Service Tax amounting to ` 5.80 million
(excluding interest and penalty, if any) chargeable on cargo handling services provided during the period
November 25, 2002 to October 31, 2006. The matter was referred for adjudication. SMASL has filed its reply
on March 16, 2009 with Commissioner of Central Excise. The amount involved in this matter is ` 5.80 million
and the matter is currently pending.
2. Show cause notice dated October 17, 2007
A show cause notice no. V(15)12/S.Tax/Adj/BBSR-II,2007/17793 dated October 12, 2007 was issued by
Commissioner, Bhubaneshwar pertaining to recovery of Service Tax amounting to ` 18 million (excluding
interest and penalty, if any) chargeable on site formation services and cargo handling services provided during
the period April 1, 2006 to December 31, 2006. SMASL has filed its reply on November 3, 2007 with
Commissioner, Bhubaneshwar. The amount involved in this matter is ` 18 million and the matter is currently
pending.
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