Judgments

  • Income Tax

Deferral of depreciation allowance not concealment of income. Noted Lawyer Harish Salve gets relief from ITAT

Deferral of depreciation allowance not concealment of income or furnishing of any inaccurate particulars for levy of penalty u/s 271(1)(c).…

7 years ago
  • Income Tax

Distinction between setting aside of assessment and assessment order for time limit u/s 153(2A)

Distinction between setting aside of assessment and assessment order. When assessment on an issue set aside and remanded for decision…

7 years ago
  • SEBI

Front running prohibited practice under SEBI Regulations -Supreme Court

Front running prohibited practice under SEBI Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market Regulations 2003-Supreme Court…

7 years ago
  • GST

GSTN system not working upto the level and required to be corrected & updated – Rajasthan High Court

GSTN system is not working upto the level and required to be corrected & updated to meet requirements - Rajasthan High Court…

7 years ago
  • High Courts

Live-tweeting of court proceedings is among suggestions invited by Delhi high Court

Live-tweeting of court proceedings is among suggestions invited by Delhi high Court NOTICE TO THE PUBLIC AT LARGE A Committee…

7 years ago
  • Income Tax

Show cause notice u/s 263 at old address was not full opportunity afforded to the assessee

Show cause notice u/s 263 at old address was not full opportunity afforded to the assessee to controvert the grounds…

7 years ago
  • Income Tax

No Concealment penalty u/s 271(1)(c) for income surrendered during survey

No Concealment penalty u/s 271(1)(c) for income surrendered during survey if income was disclosed in return which was filed within…

7 years ago
  • Income Tax

Disproportionate increase in expenses in relation to turnover not a reason for disallowance – ITAT

Disproportionate increase in expenses in relation to turnover can not be reason in itself for making adhoc disallowance without cogent…

7 years ago
  • Income Tax

Income Tax Officer is bound to furnish reasons for re-opening u/s 147 – High Court

Income Tax Officer is bound to furnish reasons for re-opening u/s 147 which should already be on record, prior to…

7 years ago
  • Income Tax

ITAT has no jurisdiction to direct registration of Trust u/s 12AA without satisfaction recorded by Commissioner

ITAT has no jurisdiction to direct registration of Trust u/s 12AA without there being satisfaction recorded by the Registering Authority…

7 years ago