Judgments

  • Income Tax

There is no bar in filing revised return of income after issue of income tax notice – ITAT

There is no bar in filing revised return of income after issue of income tax notice u/s 143(2). There is no…

6 years ago
  • Income Tax

Fees for technical services not cover order specific commission at small percentage of order value

Fees for technical services not cover order specific commission at small percentage of order value. Order wise commission based on…

6 years ago
  • Income Tax

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use – HC

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use by the Charitable…

6 years ago
  • Supreme Court

NCLT has no power to direct deposit as precondition for hearing appeal-Supreme Court 

NCLT has no power to direct deposit as precondition for hearing appeal. No jurisdiction to dismiss appeal itself for failure…

6 years ago
  • Income Tax

Date of transfer of immovable property is when sale deed is executed and not when recorded by Registrar

Date of transfer of immovable property is when sale deed is executed and not when it is recorded by the…

6 years ago
  • Income Tax

Orders u/s 234E not appealable before CIT-A. Order sent over email sufficient – ITAT

Orders u/s 234E not appealable before CIT(A). Department not obliged to serve the order separately upon the assessee when available…

6 years ago
  • Income Tax

Penalty u/s 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal

Penalty 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal when assessee could not explain source…

6 years ago
  • Income Tax

Disallowance 40(A)(3) for cash payment deleted when payee was new and refused cheque

Disallowance 40(A)(3) for cash payment deleted when payee was new. When genuiness of payment not doubted there was every possibility…

6 years ago
  • Income Tax

Partners Salary and interest not disallowable when assessment is made u/s 143 in the manner laid down u/s 144

Partners Salary and interest not disallowable when assessment u/s 143 is made in the manner laid down u/s 144 by…

6 years ago
  • Income Tax

Service of Income Tax notice to assessee in jail should be through Superintendent of jail – High Court

Service of Income Tax notice to assessee in jail should be through Superintendent of the jail. High Court quashed order…

6 years ago