Category: High Courts
Penalty us 271(1)(c) invoking discretionary jurisdiction us 40A(2)(b) invalid. Income assessed on the basis of deeming provisions would not amount to non-disclosure-Allahabad High Court ABCAUS Case Law Citation: ABCAUS 1287 (2017) (07) HC The Issue: The only point of the litigation was regarding the levy of penalty under Section …
Provisions of the Limitation Act not applicable to EPF & MP Act in the abscence of any legislative intent. These Act being Special Social Welfare Legislation designed to protect the interest of marginalized workmen-High Court ABCAUS Case Law Citation: ABCAUS 1285 (2017) (07) HC Important Case Laws Cited/relied upon: The Commissioner of …
NPA interest write off-Income Tax Act to override NHB Act. Deduction for past due interest to be based on 6 months u/s 43D read with Rule 6EB-Delhi High Court ABCAUS Case Law Citation: ABCAUS 1284 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition …
CIT erred in rejecting revision application u/s 264 on the ground of maintainability. CIT ought to have entertained the revision petition on merits- Delhi High Court ABCAUS Case Law Citation: ABCAUS 1283 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition under Article 226 …
P F Commissioner competent to decide the employee employer relationship and to determine if a particular employee comes under the definition of employee as defined under the Act – Kerala High Court ABCAUS Case Law Citation: ABCAUS 1282 (2017) (06) HC Important Case Laws Cited/relied upon: Hindustan Time …
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, …
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 …
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 …
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 …
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 …
