Judgments

  • Income Tax

Trust receiving donations under no obligation to verify source of fund or if it was acquired by unlawful activity

Trust receiving donations under no obligation to verify the source of fund of donor or whether such fund was acquired…

6 years ago
  • Income Tax

High Court quashed appointment of Special Auditor u/s 142(2A) in Writ Petition

High Court quashed the appointment of Special Auditor u/s 142(2A) when the matter was remanded on a specific issue and…

6 years ago
  • Income Tax

No concealment penalty on circumstantial evidence of bogus purchases where income was estimated

No concealment penalty based on circumstantial evidence of bogus purchases where the income was estimated on the basis of circumstances…

6 years ago
  • Income Tax

Release of convicts prosecuted under Income Tax Act on probation- Revenue’s condonation appeal dismissed

Release of convicts prosecuted under Income Tax Act on probation- Special Judge dismiss Revenue’s appeal delay condonation application for casual…

6 years ago
  • Income Tax

Allahabad High Court issues notice to CBDT on levy of interest u/s 234A despite due date extension

Allahabad High Court issues notice to CBDT on levy of interest u/s 234A despite due date extension A Division Bench…

6 years ago
  • Income Tax

High Court directs payment to Kerala CM Distress Relief Fund for restoration of appeals

High Court directs payment to Kerala Chief Minister's Distress Relief Fund for restoration of the appeals and consideration on merits…

6 years ago
  • Income Tax

Gauhati HC directs CBDT to consider extension to 31.12.2018 and pass speaking order on or before 25.10.2018.

Gauhati HC directs CBDT to consider extension to 31.12.2018 and pass an speaking order on or before 25.10.2018. CBDT denies…

6 years ago
  • ICAI

CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence

CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence when fake statement was only a…

6 years ago
  • Income Tax

Encashment of bank guarantee as performance security in BoT Project was revenue expenditure – ITAT

Encashment of bank guarantee as performance security in BoT Project was revenue expenditure. If property constructed not owned by the…

6 years ago
  • Income Tax

Alleged gift from foreign citizen on his death based on undated nomination paper held bogus

Alleged gift from foreign citizen on his death held colouring device as it was based upon undated nomination paper not…

6 years ago