Judgments

  • Income Tax

Reopening assessment on information of plot purchase quashed as lease deed was already with AO – HC

Reopening assessment on information of plot purchase quashed as lease deed was already with AO and the fact was known…

6 years ago
  • Income Tax

Chartered Accountant held guilty u/s 278 for abating firm to evade tax by signing accounts without verifying stock

Chartered Accountant held guilty u/s 278 for abating firm to evade tax by signing accounts without verifying the stock statement…

6 years ago
  • VAT

Allahabad High Court uphelds the vires of the UP Tax on Entry of Goods into Local Areas Act, 2007

Allahabad High Court uphelds the vires of the UP Tax on Entry of Goods into Local Areas Act, 2007- Act…

6 years ago
  • GST

When E-way bill was downloaded before detention/seizure of the goods, there was no irregularity-High Court

When E-way bill was downloaded before detention/seizure of the goods disclosing all the necessary informations, there was no irregularity-High Court…

6 years ago
  • GST

Power of UP Govt to required TDF for inter state goods movement-matter referred to Chief Justice

Power of UP Govt to required TDF for inter state goods movement-In view of two contrary judgments, matter referred to…

6 years ago
  • Income Tax

Amendment to section 40(a)(ia) by Finance Act, 2010 being curative in nature are retrospective-SC

Amendment to section 40(a)(ia) by Finance Act, 2010 being curative in nature are retrospective i.e., from the date of insertion…

6 years ago
  • Income Tax

Waiver of loan not cessation of trading liability u/s 41(1). Section 28 (iv) not apply to cash benefits-SC

Waiver of loan not cessation of trading liability u/s 41(1). Provision of Section 28 (iv) do not apply to benefits…

6 years ago
  • Income Tax

Compensation received by builder for default in agreement to sell land by seller was capital receipt-HC

Compensation received by builder for default in agreement to sell land by seller held as capital receipt as the land…

6 years ago
  • Income Tax

Material found in a simultaneous survey at a connected person can be used in Block Assessment of an assessee u/s 158BB rws 158BH-SC

Material found in a Survey made simultaneously at a connected person can be used in Block Assessment of an assessee…

6 years ago
  • Income Tax

Cash surrendered during survey and added to WIP can not be disallowed being a balancing entry for income declared-ITAT

Cash surrendered during survey and added to WIP can not be disallowed u/s 68 as income was already declared in…

6 years ago