Judgments

  • Income Tax

No disallowance u/s 40(a)(ia) even if payee files return belatedly if other conditions are complied with – ITAT

No disallowance u/s 40(a)(ia) even if payee files return belatedly u/s 139(4) if payment is considered in tax computation and…

6 years ago
  • Supreme Court

Mobile Phones in Supreme court rooms allowed on silent mode to accredited journalists

Mobile Phones in Supreme  court rooms allowed on silent mode to accredited journalists  As per notification issued by the Assistant Registrar, the Chief Justice…

6 years ago
  • Income Tax

Taxability of FTS to foreign airliner for providing engineers and flight deck under amended DTAA

Taxability of FTS to foreign airliner for providing engineers and flight deck crews remanded to ITAT for reconsideration as per…

6 years ago
  • Income Tax

Addition made for Jewellery belonging to mother in law deleted as it was given to assessee before her death-ITAT

Addition made for Jewellery belonging to mother-in-law deleted. Jewellery found during search was claimed as given to the assessee before her death-ITAT…

6 years ago
  • Income Tax

Professional like Advocate CA or Accountant would not open joint bank account with client – ITAT upheld addition

Addition for cash deposited in joint bank account upheld. A professional like Advocate CA or Accountant would not open a…

6 years ago
  • Income Tax

Initiation of reopening u/s 148 by recording wrong facts not categorically rebutted by the Department illegal – ITAT

Initiation of reopening u/s 148 by recording wrong facts not categorically rebutted by the Department held to be arbitrary and…

6 years ago
  • Income Tax

Assessee should get full opportunity at every stage of adjudication, tax laws are not penal – ITAT

Assessee should get full opportunity at every stage of adjudication. Tax laws are not penal and neither so rigid to…

6 years ago
  • Income Tax

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty years -ITAT

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty…

6 years ago
  • bankruptcy

IBBI bans an Insolvency Professional for one year for quoting exorbitant fee and collusion with corporate debtor.

IBBI bans an Insolvency Professional for one year for quoting exorbitant fee and collusion with corporate debtor. The IP was…

6 years ago
  • Income Tax

Meaning of findings and directions for limitation period of reopening notice u/s 150(1)

Meaning of findings and directions for limitation period of reopening notice u/s 150(1). ITAT quashed re-assessment as CIT-A made an…

6 years ago