Judgments

  • Income Tax

Payment for delayed allotment of plot by Housing Board not interest liable to TDS u/s 194A-High Court

Payment for delayed allotment of plot by Housing Board not interest liable to TDS u/s 194A. Expression ‘interest’ was used…

6 years ago
  • Income Tax

JDA Taxation-No capital gain when possession not handed over to builder but only right to enter

JDA taxation-no capital gain when possession not handed over to builder and only right to enter the property given to…

6 years ago
  • Income Tax

Concealment penalty for change in method of stock valuation deleted by ITAT

Concealment penalty for change in method of stock valuation deleted by ITAT. Lower of Cost or market price method was…

6 years ago
  • Companies Act

Constitutional validity of provisions related to SIFO investigation under Companies Act to be examined by High Court

Constitutional validity of provisions related to SIFO investigation under section 212 of Companies Act 2013 to be examined by High…

6 years ago
  • Income Tax

Shocked Supreme Court fines CIT Ghaziabad with fine of Rs 10 lakhs for misleading statement

Shocked Supreme Court fines Commissioner Income Tax with fine of Rs 10 lakhs for misleading statement about pendency of a…

6 years ago
  • Income Tax

Grossing up for TDS was applicable on payment to foreign University as DTAA did not define “gross amount”-High Court

Grossing up for TDS was applicable on payment to foreign University for technical services as DTAA did not define the…

6 years ago
  • bankruptcy

IBBI penalised Insolvency Professional for raising bill in the name of Ernst & Young LLP

IBBI penalised Insolvency Professional for raising bill in the name of Ernst & Young LLP. Fees of the lRP/RP should…

6 years ago
  • Income Tax

Addition made for low house hold withdrawals from capital upheld by ITAT

Addition made for low house hold withdrawals from capital upheld by ITAT rejecting the explanation of of joint family living…

6 years ago
  • Income Tax

High Court refuse to entertain writ against reopening notice u/s 148 in the absence of concluded findings of facts

High Court refuse to entertain writ against reopening notice u/s 148 as benefit of concluded finding of facts was not…

6 years ago
  • Income Tax

Booking of flat is not date of acquisition for claim of capital gain exemption u/s 54F. ITAT

Booking of flat is not date of acquisition for claim of capital gain exemption u/s 54F. ITAT upheld denial of…

6 years ago