Judgments

  • Income Tax

Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed.

Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147…

7 years ago
  • High Courts

Questions/expressions of Ram Jethmalani against Arun Jaitely declared indecent and scandalous

Questions/expressions of Ram Jethmalani against Arun Jaitely declared indecent and scandalous by Delhi High Court   ABCAUS Case Law Citation:…

7 years ago
  • ICAI

SC directs ICAI to provide complainant’s statement to CA for alleged misconduct.

SC directs ICAI to provide complainant’s statement to CA for alleged misconduct. High Court to interpret Regulation 16 of the…

7 years ago
  • Income Tax

Tribunal not competent to travel beyond the scope of appeal-Allahabad High Court

Tribunal not competent to travel beyond the scope of appeal in making the addition It has to confined itself to questions…

7 years ago
  • Income Tax

What was not income in earlier years can not be written off as debt – Delhi High Court

What was not income in earlier years can not be written off as debt. The failure of share broker to…

7 years ago
  • Income Tax

No illegality if notice us 226(3)(iii) not issued to assessee prior to issue to bank for attachment -Delhi HC

No illegality if notice us 226(3)(iii) to assessee not issued simultaneously or prior to notice issued to bank for attachment…

7 years ago
  • Income Tax

Duplication in alleged entries was a classic case of non-application of mind by AO for reopening – High Court

Duplication in alleged entries was a classic case of non-application of mind by AO as he persisted with  his belief…

7 years ago
  • Income Tax

Penalty for failure to deduct tax quashed as NOIDA is exempt from TDS payments- Allahabad HC

Penalty for failure to deduct tax quashed as NOIDA is exempt from TDS. Assessee was under bonafide belief that tax…

7 years ago
  • ICAI

Disciplinary proceedings against CA for wrong certificate with manipulated figures quashed by SC

Disciplinary proceedings against CA for wrong certificate with manipulated figures quashed by Supreme Court. No material was on record to…

7 years ago
  • Income Tax

Assessment is concluded if notice u/s 143(2) not issued within stipulated time -Delhi High Court

Assessment is concluded if notice u/s 143(2) not issued within stipulated time and in terms of CBDT circular no scrutiny…

7 years ago