Judgments

  • Income Tax

Challenge to reopening u/s 147-Only reasons recorded are relevant not reasons given at a later stage

Challenge to reopening u/s 147-Only reasons recorded relevant which the Court has to examine and not reasons or explanations given…

7 years ago
  • Income Tax

Religious and charitable society can not be denied exemption u/s 11 if not exclusively meant for one community

Religious and charitable society/trust can not be denied exemption u/s 11 if not exclusively meant for one particular religious community-…

7 years ago
  • Income Tax

Assessment in the name of company dissolved by amalgamation not procedural defect but void

Assessment framed in the name of company dissolved by amalgamation not a procedural defect but void. Provisions of section 292B…

7 years ago
  • Income Tax

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act -ITAT

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act as per provisions of law, case…

7 years ago
  • Supreme Court

Every Hindu family is legally presumed to be joint in food worship and estate – SC

Every Hindu family is legally presumed to be joint in food worship and estate as per settled principle of Hindu…

7 years ago
  • Income Tax

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal pending before CIT(A) is deemed withdrawn

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal in respect of the disputed income pending before CIT(A)…

7 years ago
  • Chartered Accountants

Practicing CA can not enroll as Advocate with Bar Council to practice Law- High Court

Practicing CA can not enroll as Advocate with Bar Council to practice Law. Riding on two horses in two profession,…

7 years ago
  • Income Tax

Deduction u/s 80IC denied for delay in filing return allowed by High Court. CBDT Order set aside

Deduction u/s 80IC denied for delay in filing return allowed by High Court. CBDT Order u/s 119(2)(b) denying to condone…

7 years ago
  • Chartered Accountants

CA made co-accused for preparing false projected financials for bank loan, High Court declines to interfere

CA made co-accused for preparing false projected financials for bank loan, High Court declines to interfere in criminal prosecution though…

7 years ago
  • Income Tax

Local puja and festival committees donations held business expenditure paid to avoid confrontation and smooth running of business

Local puja and festival committees donations allowed as business expenditure as those contributions were paid to avoid confrontation and to…

7 years ago