High Courts Archive

Delhi HC orders Bank Chairman to inquire attachment of wrong property on private detective agency report’s basis

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Delhi HC orders Bank Chairman to inquire attachment of wrong property on private detective agency report basis and fix responsibility for negligent acts without due diligence and basic title research/inspection.   ABCAUS Case Law Citation: ABCAUS 1280 (2017) (06) HC Brief Facts of the Case: As per record, Canara

Four weeks time frame for disposal of CA misconduct complaint unrealistic – ICAI

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Four weeks time frame for disposal of CA misconduct complaint unrealistic – ICAI In a recent case, the ICAI, while opposing a writ petition seeking directions to to complete the inquiry within four weeks pleaded that there is only one Director (Discipline) in the Institute and several thousands of complaints are

Distinction between statements us 132(4) and 133A explained by Delhi High Court

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Distinction between statements us 132(4) and 133A explained by Delhi High Court. Quashing of reopening of concluded assessments of earlier AYs upheld ABCAUS Case Law Citation: ABCAUS 1264 (2017) (05) HC The Issue: The main contention of the appellant Revenue was that the decision of the Division Bench as

Revision us 263-Student Development-Capitation Fees not reflected in Income Expenditure Account

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Revision us 263-Student Development-Capitation Fees not reflected in Income Expenditure Account shown directly in the Balance Sheet held as  erroneous and prejudicial to the interest of Revenue-Allahabad High Court ABCAUS Case Law Citation: ABCAUS 1259 (2017) (05) HC  Grounds of Appeal: Whether on the facts and circumstances of the case

Assessment us 153C based on paper not belonging to assessee was bad. Shifting burden without making basic enquiries not acceptable-Delhi HC

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Assessment us 153C based on paper not belonging to assessee held as bad. Shifting the burden on assessee without making basic enquiries to unearth truth of the document can not be accepted-Delhi High Court ABCAUS Case Law Citation: ABCAUS 1254 (2017) (05) HC The Grievance: The appellant Revenue had

EPF authorities has to insist on Videograpy and CCTV installation in and around factory premise-Punjab & Haryana HC

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EPF authorities has to insist on Videograpy and CCTV installation in and around factory premise for recording of panchanama . In disputed matter evidence can be taken from videographing. ABCAUS Case Law Citation: ABCAUS 1248 (2017) (05) HC The Grievance: The appellant petitioner had questioned the validity of the

Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court

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Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court in view of CBDT Circular No. 06/2016 ABCAUS Case Law Citation: ABCAUS 1242 (2017) (05) ITAT The Grievance: The appellant Revenue was aggrieved by the order passed by the Income
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