Category: High Courts
Revised computation of deduction u/s 10A of the Income Tax Act, 1961 permissible having regard to Section 10A (5) and Section 80A(5) of the Act ABCAUS Case Law Citation: ABCAUS 2736 (2019) (01) HC Important Case Laws Cited/relied upon: Goetze (India) Ltd. Vs. Commissioner of Income Tax (2006) …
Acceptance of loans by passing journal entries in books of accounts not in violation of section 269SS hence no penalty u/s 271D imposable – SC dismisses SLP of ITD ABCAUS Case Law Citation: ABCAUS 2735 (2019) (01) SC Important Case Laws Cited/relied upon: Commissioner of Income Tax Vs. Triumph International Finance (I) Ltd. Premier Breweries Ltd. Vs. Commissioner of Income Tax, 372 ITR 180. Commissioner of Income Tax Vs. Noida Toll Bridge Co. Ltd. 262 ITR 260 Sunflower Builders Vs. Dy.CIT, 1997 (61) ITD (Pune) 227, Asst.CIT …
TCS on motor vehicle u/s 206C(1F) of the Income Tax Act not integral part of the value of the goods and services supplied – High Court admits Petition ABCAUS Case Law Citation:ABCAUS 2734 (2019) (01) HC Section 15 of the Goods and Services Tax Act speaks of the …
High Court struck down GST Circular proposing levy of GST on DISCOM for various other bundled services connected with the transmission and distribution of electricity. ABCAUS Case Law Citation: ABCAUS 2733 (2019) (01) HC The petitioner was public limited company (the petitioner company) and was engaged in the …
Service Tax Audit prima facie permissible post GST regime – Calcutta High Court. Authorities entitled to audit for the period when Finance Act 1994 was applicable ABCAUS Case Law Citation: ABCAUS 2730 (2019) (01) HC Important Case Laws Cited/relied upon: Infinity BNKE Infocity Pvt. Ltd. Versus Union of …
When ITAT inspected documents furnished in response to show-cause notice u/s 263 and found transactions not bogus, no interference was called. Supreme Court dismissed SLP of the Revenue ABCAUS Case Law Citation: ABCAUS 2729 (2019) (01) SC Important Case Laws Cited/relied upon: The Revenue had filed an Income …
Refund of service tax to flat owners-SLP admitted against recent judgment of Delhi High Court directing Commissioner to make refund within 4 months ABCAUS Case Law Citation: ABCAUS 2720 (2019) (01) SC The Hon’ble Delhi High Court, in 2016, had declared Section 65(105)(zzzh) of the Finance Act 1994 …
Non-issue of Form 16 by employer-High Court asks Department to penalise defaulters u/s 405 of IPC and publish list of defaulters ABCAUS Case Law Citation: ABCAUS 2707 (2019) (01) HC Under the provisions of section 203 of the Income Tax Act, 1961 (the Act) read with Rule 31,every employer …
Settlement Commission order not perverse when every objection raised by the Commissioner, Income Tax as regarding non-disclosure by the assessee is well discussed – HC ABCAUS Case Law Citation: ABCAUS 2706 (2019) (01) HC The Income Tax Department had filed the instant writ petitioner objecting to the order …
Eligibility of deemed Exports through third party for deduction u/s 10B-Supreme Court dismisses SLP of the Income Tax Department ABCAUS Case Law Citation:ABCAUS 2695 (2019) (01) SC Important Case Laws Cited/relied upon:M/s. International Stones India Pvt. LtdM/s.Tata Elxsi Ltd. The Karnataka High Court had reiterated that the assessee …