Judgments

  • Income Tax

Order of prosecution for TDS late deposit open to judicial review but in a limited manner – High Court

Order of prosecution for TDS late deposit open to judicial review but in a limited manner to ensure that the…

6 years ago
  • Income Tax

Penalty u/s 271B for sales disclosed during survey can not be levied for failure to get accounts audited u/s 44AB

Penalty u/s 271B for sales disclosed during survey can not be levied for failure to get accounts audited u/s 44AB…

6 years ago
  • Income Tax

Expenses claimed in profit and loss account not amount to concealment-ITAT deletes penalty u/s 271(1)(c)

Expenses claimed in profit and loss account not amount to concealment. ITAT deletes penalty u/s 271(1)(c) following Supreme Court judgment  ABCAUS…

6 years ago
  • Income Tax

Rectification of wrong penalty section not required notice to assesseee u/s 154(3)

Rectification of wrong penalty section not required notice to assesseee u/s 154(3) as assessee could not controvert the findings recorded…

6 years ago
  • ICSI

ICSI should keep uniformity in awarding the punishment for professional misconduct

ICSI should keep uniformity in awarding the punishment for professional misconduct in the interest of justice-Appellate Authority reduces punishment ABCAUS…

6 years ago
  • Income Tax

Payments by Prasar Bharati to advertising agency liable to TDS as commission u/s 194H-Supreme Court

Payments by Prasar Bharati to advertising agency liable to TDS as commission u/s 194H. Section 201 rightly invoked for failure…

6 years ago
  • Income Tax

PrCIT directed to resolve deposit of TDS into wrong TAN

PrCIT directed to resolve deposit of TDS into wrong TAN along with Principal Secretary. Income Tax Department directed to release…

6 years ago
  • Income Tax

Tests must be applied to determine if an institution exists solely for educational purposes and not for profit-High Court

Tests must be applied to determine if an institution exists solely for educational purposes and not for profit. High Court…

6 years ago
  • Income Tax

Payment by IOCL to transporters was liable to TDS u/s 194C as works contract and not u/s 194I-High Court

Payment by IOCL to transporters was liable to TDS u/s 194C as works contract and not u/s 194I as hiring…

6 years ago
  • Companies Act

Conflict of interest is sufficient cause for refusal to share transfer u/s 58(4) of Companies Act 2013–Supreme Court

Conflict of interest is sufficient cause for share transfer refusal u/s 58(4) of Companies Act, 2013 –Supreme Court. CLB obliged…

6 years ago