Judgments

  • Income Tax

Assumed Service of notice when it not received back was not proof of service on the assessee – ITAT

Assumed Service of notice when it not received back not accepted by ITAT as proof of service on the assessee.…

5 years ago
  • Supreme Court

No restriction on Courts to award compensation exceeding claimed amount under Motor Vehicles Act – SC

No restriction on Courts to award compensation exceeding claimed amount. The compensation under Motor Vehicles Act, 1988 has to be just - Supreme Court ABCAUS Case Law…

5 years ago
  • Income Tax

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed remanded for verification from Registrar

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed for amount of sale consideration remanded back for obtaining…

5 years ago
  • Income Tax

Disallowance of 80IB deduction by passing rectification order u/s 154 quashed as AO took a conscious view

Disallowance of 80IB deduction by passing rectification order u/s 154 quashed as AO took a conscious and considered view to…

5 years ago
  • Income Tax

Disallowance u/s 40A(2)(b) merely for common Directors not sustainable – ITAT

Disallowance u/s 40A(2)(b) merely for common Directors not sustainable. Invoking the section necessarily implies that such expenses are otherwise allowable…

5 years ago
  • Income Tax

Income Tax Prosecution u/s 276CC – Discharge of accused u/s 245 of CrPC denied by Trial Court

Income Tax Prosecution u/s 276CC discharge of accused denied by Trial Court since plea of accused u/s 251 CrPC had…

5 years ago
  • Income Tax

Peak of both debit and credit entries of seized papers only can be added as undisclosed income

Peak of both debit and credit entries of seized papers only can be added as undisclosed income, no justification for…

5 years ago
  • Income Tax

Reopening of assessment completed u/s 143(1) not sustainable without any tangible material – ITAT

Reopening of assessment which is completed u/s 143(1) not sustainable without there being any tangible material coming to the knowledge…

5 years ago
  • Income Tax

Mentioning “decentralization of cases” not sufficient Reason for transfer of cases u/s 127

Mentioning "decentralization of cases" not sufficient Reason for transfer of cases u/s 127 –Supreme Court dismissed SLP of Income Tax…

5 years ago
  • ICAI

CAs guilty of misconduct on bringing disrepute to profession whether or not related to professional work – SC

Chartered Accountants shall be guilty of misconduct on bringing disrepute to the profession whether or not related to his professional…

5 years ago