Judgments

  • Income Tax

Deemed Exports eligibility u/s 10B-Supreme Court dismisses SLP of Income Tax Deptt.

Eligibility of deemed Exports through third party for deduction u/s 10B-Supreme Court dismisses SLP of the Income Tax Department ABCAUS…

5 years ago
  • Income Tax

Section 80DD/CBDT Circular do not violates right of equality of handicapped – SC

Section 80DD/CBDT Circular not violates right of equality of handicapped person by providing payment of annuity only on death of…

5 years ago
  • Income Tax

CIT(A) direction to initiate fresh reassessment proceeding after deciding objections set aside

CIT(A) direction to initiate fresh reassessment proceeding after deciding assessee’s objections set aside as reassessment was bad in law ABCAUS…

5 years ago
  • Income Tax

Sale deed registered by HC order related back to original sale agreement

Execution of sale deed by order of High Court would relate back to the date of original agreement to sale…

5 years ago
  • Income Tax

ITAT is expected to give findings on merits instead dismissing appeal on delay

Tribunal, being a fact finding Forum is expected to render its findings on merits instead of dismissing appeal on technical…

5 years ago
  • Income Tax

Sale of property was not business income when not held as stock in trade nor related to business

Sale of property was not business income when not held as stock in trade neither was related to the business…

5 years ago
  • Income Tax

AO obliged to specify limb of section 271(1)(c) both at the time of initiation and levy of penalty.  

AO is under obligation to specify the limb of section 271(1)(c) at the time of initiation as well as at…

5 years ago
  • Income Tax

ITR due date extension-Kerala HC asks assesses to file application u/s 119(2)(a)/119(2)(b)

ITR due date extension-Kerala High Court asks assesses to file application u/s 119(2)(a)/119(2)(b), CBDT to hold camps in Kerala to…

5 years ago
  • Income Tax

CIT empowered under revisionry powers u/s 263 to direct AO to initiate penalty proceedings u/s 271(1)(c)

CIT is empowered to invoke revisionry powers u/s 263 to direct AO to initiate penalty proceedings u/s 271(1)(c) - ITAT…

5 years ago
  • Income Tax

Section 50C not apply where entire net sale consideration applied for acquiring new house

Section 50C has no application in case the entire net sale consideration has been applied for acquiring the new house…

5 years ago