Judgments

  • Income Tax

Unexplained Cash Credits in Bank Statements held taxable u/s 68. Non ­production of document different from not maintaining Books of Account

Unexplained Cash Credits in Bank Statements held taxable u/s 68. Non ­production of  document is different from not maintaining Books of Account…

7 years ago
  • Income Tax

Penalty notice issued after completion of assessment proceedings illegal – ITAT

Penalty notice issued after completion of assessment proceedings illegal. Where no proceedings relevant to assessment year are pending penalty notice…

7 years ago
  • Supreme Court

Right to privacy is fundamental right-Supreme Court Constitution Bench Judgment

Right to privacy is fundamental right-Supreme Court Constitution Bench judgment.Right to privacy protected as an intrinsic part of the right to…

7 years ago
  • Income Tax

Recording AO satisfaction must for exempt income disallowance u/s 14A(2) and Rule 8(D) – High Court

Recording AO satisfaction must for exempt income disallowance u/s 14A(2) and Rule 8(D) of the Income Tax Rules, 1962. High…

7 years ago
  • VAT

Commissioner ordered to pay VAT Special Audit Fee to CA Firm where assessee defaulted

Commissioner ordered to pay VAT Special Audit Fee to CA Firm when assessee defaulted despite there was no provision for…

7 years ago
  • Income Tax

Penalty u/s 271(1)(c) invalid for assessment made in search cases u/s 158BC of the Income Tax Act – ITAT

Penalty u/s 271(1)(c) invalid for assessment made in search cases u/s 158BC of the Income Tax Act. Penalty proceedings initiated…

7 years ago
  • Income Tax

Delay in submission of form 15G 15H to CIT do not make bank as assessee in default

Delay in submission of form 15G 15H not make bank assessee in default for non deduction of tax at source.…

7 years ago
  • Income Tax

Exemption us 10(23)(C)(vi)-Applying provisions of the Right of Education Act not necessary

Exemption us 10(23)(C)(vi)- By not applying provisions of the Right of Education Act, it cannot be said that the assessee…

7 years ago
  • Income Tax

Revision u/s 263 Limitation where assessment completed u/s 143(1) was reopened u/s 147

Revision u/s 263 Limitation where assessment completed u/s 143(1) was reopened u/s 147. Jurisdiction u/s 263 could not be exercised…

7 years ago
  • Income Tax

Exemption u/s 54B-Use of land for agricultural purposes for full two years not necessary.

Exemption u/s 54B-Use of land for agricultural purposes for full two years not necessary. Even if only Kharif crop was…

7 years ago