Judgments

  • Income Tax

Validity of income tax notice served on authorised representative upheld by Supreme Court

Validity of income tax notice served on authorised representative upheld by Supreme Court as there was sufficient material to draw…

6 years ago
  • Service Tax

No service tax on free materials supplied by service recipients in construction projects-Supreme Court

No service tax on free materials supplied by service recipients in Construction projects. Value of such goods not included in…

6 years ago
  • Income Tax

Voluntary surrender of income no defence for concealment penalty u/s 271(1)(c) – High Court

Voluntary surrender of income no defence for concealment penalty u/s 271(1)(c) unless explanation offered is found bona fide and all…

6 years ago
  • Income Tax

ITAT restores registration u/s 12AA cancelled for money laundering through donation received in lieu of cash

ITAT restores registration u/s 12AA cancelled for money laundering through donation received in lieu of cash as the amount received…

6 years ago
  • Income Tax

Excessive expenses on Magazine and Journals by 5-Star hotel-High Court remands the issue to Tribunal for fresh findings

Excessive expenses on Magazine and Journals by 5-Star hotel. High Court remands the issue to Tribunal for fresh findings on…

6 years ago
  • Income Tax

Providing mid day meals to students is charitable activity as general public utility u/s 2(15)-High Court

Providing mid day meals to students is charitable activity as general public utility u/s 2(15)-High Court uphelds ITAT order directing…

6 years ago
  • Excise

CESTAT erred in granting Cenvat Credit on Boiler Structure on the basis of CBEC Circular-High Court

CESTAT erred in granting Cenvat Credit on Boiler Structure on the basis of CBEC Circular-High Court  ABCAUS Case Law Citation:…

6 years ago
  • Income Tax

Membership Fee paid to Stock Exchange is Capital Expenditure not Revenue in nature-High Court

Membership Fee paid to Stock Exchange is Capital Expenditure applying "enduring benefit" and “once and for all” payment test-High Court…

6 years ago
  • Income Tax

Booking of flat with builder is construction within the meaning of section 54 for claiming LTCG dedcution ITAT

Booking of flat with builder is construction within the meaning of section 54 and hence period of three years apply…

6 years ago
  • Income Tax

Provisions of Section 44AD not apply when the gross receipts is in excess of 40 lakhs

Provisions of Section 44AD not apply when the gross receipts is above 40 lakhs.  High Court remands the case back…

6 years ago