Judgments

  • Income Tax

Denial of Section 54F exemption for quoting wrong section without examining merits-ITAT remands case to AO

Denial of Section 54F exemption for quoting wrong section without examining merits of deduction claimed-ITAT remands the case to Assessing…

6 years ago
  • Income Tax

Non-mentioning precise section for making addition for bogus purchase made it bad in law – ITAT

Non-mentioning the precise section for making addition for bogus purchase made the impugned addition bad in law – ITAT deletes…

6 years ago
  • ESIC

Supreme Court stays applicability of ESI to construction site workers / labour

Supreme Court stays applicability of ESI to construction site workers/labour ABCAUS Case Law Citation:ABCAUS 2423 (2018) 07 SC The Employees…

6 years ago
  • Income Tax

Revision u/s 263 upheld as AO had not formed any opinion but erroneously allowed expenses – HC

Revision u/s 263 upheld as AO had not formed any opinion but erroneously allowed the capital expenses as revenue causing…

6 years ago
  • Income Tax

Section 54 Exemption 54 Exemption not require utilisation of sale proceeds of original capital asset only – ITAT

Section 54 Exemption not require utilisation of sale proceeds of original capital asset only. Investment out of bank loan and…

6 years ago
  • Income Tax

Ex parte penalty order passed ignoring adjournment application filed by assessee was set aside by ITAT

Ex parte penalty order passed ignoring adjournment application filed set aside as the  CIT-A  had never ever bothered to peruse…

6 years ago
  • Income Tax

Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1)

Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues…

6 years ago
  • GST

Non constitution of GST Appellate Tribunal in Uttar Pradesh-High Court calls personal affidavit from Principal Secretary

Non constitution of GST Appellate Tribunal in the State of Uttar Pradesh-High Court calls personal affidavit from Principal Secretary on…

6 years ago
  • Income Tax

Expenses on Business Management Course abroad for director’s son held as not incurred for business purpose

Expenses on Business Management Course abroad for directors son held as not incurred wholly and exclusively for the purpose of…

6 years ago
  • actuaries

Ex President of Institute of Actuaries found guilty of professional misconduct for submitting fake air travel bill gets relief from Appellate Authority 

Ex President of Institute of Actuaries found guilty of professional misconduct for submitting fake air travel bill. Life ban and…

6 years ago