Month: October 2018

Addition made for cash deposits in undisclosed bank account do not hold any force as withdrawals and deposits do not constitute income in itself – ITAT 

Addition made for cash deposits in undisclosed bank account do not hold any force as withdrawals and deposits do not constitute income in itself – ITAT  ABCAUS Case Law Citation: ABCAUS 2559 (2018) (10) ITAT The appellant asssessee was aggriebed by the order of CIT(A) in confirming inter …

Compensation to States Act 2017 Constitutionally valid not beyond legislative competence – SC

The Compensation to States Act 2017 Constitution valid, not beyond the legislative competence of Parliament. No offset for Clean Energy Cess -SC ABCAUS Case Law Citation: ABCAUS 2555 (2018) (10) SC Important Case Laws Cited/relied upon by the parties: Hoechst Pharmaceuticals Ltd. & Others Vs. State of Bihar & Others, (1983) 4 SCC 45 M.P.V. Sundararamier & Co. Vs. State of A.P. & Others, AIR 1958 SC Dewan Chand Builders and Contractors Vs.   Union   of   India   and   …