Judgments

  • GST

SC stays arrest under GST Act. Also directs release on bail in the event of arrest

Supreme Court stays arrest of petitioner under GST Act, directs release on bail in the event of arrest  ABCAUS Case…

5 years ago
  • Income Tax

Prosecution u/s 278B without proof of service of notice u/s 2(35) quashed

Prosecution u/s 278B without proof of service of notice u/s 2(35) expressing intention treating a person as Principal Officer of the Company quashed…

5 years ago
  • Income Tax

ITAT analyses validity of notice u/s 143(2) by non jurisdictional AO

ITAT analyses validity of notice u/s 143(2) by non jurisdictional AO. On objection, AO obligated to refer matter for determination…

5 years ago
  • Income Tax

Mere absence of revised return not justify penalty when mistake admitted suo moto

When assessee during assessment proceedings voluntarily admitted mistake then mere absence of revised return would not justify penalty u/s 271(1)(c)…

5 years ago
  • Income Tax

No Penalty for discrepancy in salary figure between Form No. 16 and 26AS

For discrepancy in salary figure between Form No. 16 and 26AS it cannot be said that the assessee has concealed…

5 years ago
  • Income Tax

Revised computation of deduction u/s 10A of Income Tax Act allowable-HC

Revised computation of deduction u/s 10A of the Income Tax Act, 1961 permissible having regard to Section 10A (5) and…

5 years ago
  • Income Tax

Acceptance of loans by journal entries not violates section 269SS – SLP dismissed

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…

5 years ago
  • GST

TCS on motor vehicle not part of value of goods and services – HC admits Petition

TCS on motor vehicle u/s 206C(1F) of the Income Tax Act not integral part of the value of the goods…

5 years ago
  • GST

HC strucks down GST Circular proposing tax on DISCOM on bundled services

High Court struck down GST Circular proposing levy of GST on DISCOM for various other bundled services connected with the…

5 years ago
  • Income Tax

Penalty u/s 271(1)(c) imposed by CIT without recording satisfaction in order u/s 263 invalid

No Penalty u/s 271(1)(c) can be imposed by CIT without recording satisfaction in revision order 263.  Provision of Section 271(1B)…

5 years ago