Judgments

  • Income Tax

False declaration of trucks by transporter-assessee cannot be held guilty for non deduction of TDS

False declaration of trucks by transporter-assessee cannot be held guilty for non deduction of TDS u/s 194C as his liability…

6 years ago
  • Income Tax

Compensation received on termination of export contract eligible for deduction u/s 10A – High Court

Compensation received on termination of export contract eligible for deduction u/s 10A being in the course of export business –…

6 years ago
  • Income Tax

No concealment penalty can be levied for only change of head of income – ITAT

No concealment penalty can be levied for only change of head of income - ITAT deleted penalty for change head…

6 years ago
  • Income Tax

No penalty u/s 271(1)(b) leviable in case of change of counsel resulting in non compliance – ITAT

No penalty u/s 271(1)(b) leviable in the case of change of counsel resulting in non compliance of notices- ITAT deleted…

6 years ago
  • Income Tax

Cash deposits in bank out of withdrawal made two years back-ITAT quashed addition u/s 69

Cash deposit in bank out of withdrawal made two years back-Revenue authorities can not dictate what assessee should do with…

6 years ago
  • Income Tax

Ex parte order passed without considering e-mail sent to AO restored by ITAT

Ex parte order passed without considering e-mail sent to Assessing Officer and CIT(A) restored back to AO by ITAT  ABCAUS…

6 years ago
  • Income Tax

Penalty imposed by Supreme Court for illegal mining held compensatory in nature

Penalty imposed by Supreme Court for illegal mining held compensatory in nature and allowed as business expenditure u/s 37(1) of…

6 years ago
  • Income Tax

No penalty u/s 272A(2)(k) for delay in filing TDS returns due to technical glitches when tax deposited in time

No penalty u/s 272A(2)(k) for delay in filing TDS returns when tds was deposited in within time and delay was…

6 years ago
  • Income Tax

Mere fall in net profit rate by itself no ground to increase it as compared to the preceding years

Mere fall in net profit rate by itself no ground to increase profit rate as compared to the preceding assessment…

6 years ago
  • Income Tax

Not striking off concealment penalty notice-SC dismisses assessee’s SLP

Not striking off penalty notice SC dismisses assessee’s SLP against High Court order holding that it had caused no prejudice…

6 years ago