Judgments

  • Income Tax

Addition for investment in land deleted when it was purchased by the company in directors name to facilitate transfer as per State Laws

Addition for investment in land deleted when it was purchased by the company in the name of director to facilitate…

6 years ago
  • Income Tax

Addition u/s 68 for not producing shareholders details deleted. In public issue company not expected to know every detail of subscribers-High Court

Addition u/s 68 for not producing shareholders details deleted as in public issue company not expected to know every detail…

6 years ago
  • Income Tax

Sale of shares can not be treated as business income merely on the basis of notes to Accounts

Sale of shares can not be treated as business income merely on the basis of notes to Audited Accounts. Five…

6 years ago
  • ICAI

No doubt hopes of students have shattered-Delhi High Court dismisses writ against CA results

No doubt hopes of students have shattered-Delhi High Court dismisses writ against CA results expresses concern over circulation of maessages…

6 years ago
  • Income Tax

Notice u/s 148 after four years by ACIT or DCIT requires sanction by CIT -High Court

Notice u/s 148 after four years by ACIT or DCIT requires sanction by CIT under the provisions of section 151(1)…

6 years ago
  • GST

Order of seizure of goods in transit passed u/s 129(1) of UP GST Act, 2017 is not appealable-High Court

Order of seizure of goods in transit passed u/s 129(1) of  U.P. Goods and Service Tax Act, 2017 not appealable…

6 years ago
  • Income Tax

Penalty 272A(2)(c) on bank for delay in submitting information called u/s 133(6) deleted

Penalty u/s 272A(2)(c) imposed on a bank branch for delay in submitting information called u/s 133(6) deleted as bank branches…

6 years ago
  • Income Tax

No disallowance for mistake in Transporters declaration details filed u/s 194C with Income Tax Authorities

No disallowance for mistake in Transporters declaration details filed u/s 194C with Income Tax Authorities. Deduction is allowable if all…

6 years ago
  • Income Tax

Non-compete fee is capital receipt. Section 28(va) not apply to fee received in relation to a profession before amendment

Non-compete fee is capital receipt. Section 28(va) not apply to compensation received in relation to a profession before amendment-High Court…

6 years ago
  • Income Tax

Ungarbled and garbled pepper not two different commercial products for claiming deduction u/s 10B

Ungarbled and garbled pepper not two different commercial products. The process of garbling to make pepper edible does not give…

6 years ago