Judgments

  • 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
  • Income Tax

Registration 12AA cannot be denied on the ground of dissolution clause – ITAT

Registration 12AA cannot be denied on the ground of dissolution clause not providing transfer of income and assets to another…

7 years ago
  • Income Tax

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 – ITAT

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 as the issue relating to applicability of…

7 years ago
  • Income Tax

Non-furnishing reasons for reopening vitiated the assessment proceedings in law-High Court

Non-furnishing reasons for reopening vitiated the assessment proceedings in law. If assessee did not repeat request cannot mean that he…

7 years ago
  • Income Tax

Reopening approval by an officer superior to Joint Commissioner invalid u/s 151(2) of the Income Tax Act

Reopening approval by an officer superior to Joint Commissioner invalid. Approval by a superior officer do not satisfy the requirement…

7 years ago
  • Income Tax

TDS provisions not applicable on internet leaseline charges u/s 194-I 194C or 194J of Income Tax Act

TDS provisions not applicable on internet leaseline charges u/s 194-I 194C or 194J of Income Tax Act as assessee only…

7 years ago
  • Income Tax

TDS Provision not applicable where no claim of expenditure was made by the assessee

TDS Provision not applicable where no claim of expenditure was made by the assessee and assessee suo motu made disallowance…

7 years ago
  • Service Tax

Service Tax on foreign tourists operator services held ultra vires the Finance Act

Service Tax on foreign tourists operator services held ultra vires the Finance Act insofar as export of tour operator services…

7 years ago