Judgments

  • Income Tax

Notice u/s 143(2) issued by ITO of non jurisdictional ward and consequent assessment quashed

Notice u/s 143(2) issued by ITO of non jurisdictional ward and consequent assessment framed was invalid and hence both quashed…

5 years ago
  • GST

Arrest under GST Act-High courts to keep in mind recent SLP dismissal, says Supreme Court

Arrest under GST Act-Supreme Court says High courts have to keep in mind the recent dismissal of SLP by it…

5 years ago
  • Supreme Court

Section 148 of Negotiable Instruments Act apply retrospectively to offence u/s 138 – SC

Section 148 of Negotiable Instruments Act 1881 Act apply retrospectively to offence u/s 138 even where criminal complaints were filed…

5 years ago
  • Income Tax

Penalty u/s 271AAB-Cash advances recorded in diary held not undisclosed income

Penalty u/s 271AAB-Cash advances recorded in diary held not undisclosed Income when assessee was not carrying on any business and…

5 years ago
  • Income Tax

Deduction u/s 80P(2) not allowed for unexplained income assessed u/s 68 of Income Tax Act

Deduction u/s 80P(2) not allowed for unexplained income assessed u/s 68 of the Act. The addition u/s 68 did not…

5 years ago
  • Income Tax

Penalty u/s 271(1)(b) deleted as assessment was framed u/s 143(3) proving cooperation from assessee

Penalty u/s 271(1)(b) deleted when assessment was framed u/s 143(3) proving that the assessee had cooperated in the assessment proceedings…

5 years ago
  • Income Tax

Deduction u/s 54F for house purchased from father in law allowed

Deduction u/s 54F for house purchased from father in law allowed when he was assessed to long term capital gain…

5 years ago
  • GST

SC dismisses SLP against arrest under GST Act- ITC scam by fake invoices threat to GST Law, said HC

Arrest under GST Act for ITC scam by fake invoices – Supreme Court dismisses SLP. High Court had held that…

5 years ago
  • Income Tax

Transfer of property by irrevocable power of attorney not valid mode of transfer u/s 2(47)-ITAT

Transfer of the property by irrevocable power of attorney not valid mode of transfer u/s 2(47). ITAT follows Supreme Court…

5 years ago
  • Income Tax

Commission paid to non-resident outside India for services rendered outside India not taxable

Commission paid to non-resident outside India for the services rendered outside India will not fall in the category of the…

5 years ago