Judgments

  • Income Tax

CIT can not dismiss revision petition/s 264 on the ground that issue was subject of appeal for other years

Commissioner can not dismiss revision petition/s 264 on the ground that in assessee’s case similar issue was subject matter of…

7 years ago
  • Income Tax

Destruction of Pan Masala stock on court’s order due to impermissible limits disallowed u/s 37(1) being prohibited by law – ITAT

Destruction of Pan Masala stock on court's order due to impermissible limits of magnesium carbonate disallowed u/s 37(1) being prohibited…

7 years ago
  • Income Tax

No deemed dividend u/s 2(22)(e) where personal property pledged as collateral security – ITAT

No deemed dividend u/s 2(22)(e) where personal property pledged as collateral security for enabling the company to obtain loan/credit facilities…

7 years ago
  • Income Tax

Voluntary disclosure in all cases cannot absolve liability of concealment penalty u/s 271(1)(c) – High court

Voluntary disclosure in all cases cannot absolve liability of concealment penalty. High Court confirmed penalty u/s 271(1)(c) for deferral/avoidance of…

7 years ago
  • Income Tax

Reopening notice u/s 148 quashed as Revenue was indulging in fishing by scrutinizing again something specifically gone into-HC

Reopening notice u/s 148 quashed as Revenue was indulging in fishing by way of scrutinizing again something that had been…

7 years ago
  • Income Tax

Department can file appeal notwithstanding Monetary Limits if decision by CIT-A/Tribunal is contrary to SC

Department can file appeal notwithstanding Monetary Limits if issue decided by the CIT-Appeals or Tribunal is contrary to the judgments…

7 years ago
  • Income Tax

CIT can exercise powers u/s 263 despite assessee’s appeal on that or some other aspect-High Court

CIT can exercise powers u/s 263 despite assessee’s appeal on that or some other aspect if the same was the…

7 years ago
  • ICAI

ICAI Disciplinary Committee’s findings of CA misconduct not be disturbed unless found unjust

Findings of Disciplinary Committee of ICAI related to misconduct by chartered accountants would ordinarily not be disturbed unless found to…

7 years ago
  • Income Tax

Delhi High Court strucks down seven ICDS as ultra vires with CBDT Notification and Circular

Delhi High Court strucks down seven ICDS as ultra vires with CBDT Notification Nos. 87 and 88 dated 29th September…

7 years ago
  • Trade Mark

No deemed abandoning of trade mark application for failure to file counter to opposition if notice not served–HC

No deemed abandoning of trade mark registration application on the ground that applicant failed to file counter  to opposition filed…

7 years ago