Judgments

  • Income Tax

Deemed dividend-share premium not part of accumulated profits. Proportionate taxation u/s 2(22)(e) to be made if more than one shareholder satisfy conditions-ITAT

Deemed dividend-share premium not part of accumulated profits. Proportionate taxation u/s 2(22)(e) to be made if more than one shareholder…

7 years ago
  • Income Tax

DG Income Tax-Exemptions action illegal in not taking decision on assessee’s application seeking approval under Section 80 IB(7)(c)-Allahabad HC

DG Income Tax-Exemptions action illegal in not taking decision on assessee's application seeking approval under Section 80 IB(7)(c)-Allahabad HC ABCAUS…

7 years ago
  • Income Tax

No Interference with findings of facts unless relevant evidence not considered or finding arrived by ITAT placing reliance on inadmissible evidence-Allahabad High Court

No Interference with findings of facts unless relevant evidence not considered or finding arrived by ITAT placing reliance on inadmissible…

7 years ago
  • Supreme Court

Gratuitous passengers-Insurance claim pay and recover principle. Insurance Company first to pay award to victims then recover it from vehicle’s owner-SC

Gratuitous passengers-Insurance claim pay and recover principle. Insurance  Company first to pay award to victims then recover it from vehicle's…

7 years ago
  • Income Tax

Permanent injunction decree against judgment debtors legal representatives is executable. Maxim actio personalis moritur cum persona not applicable-SC

Permanent injunction decree against judgment debtors legal representatives is executable. Maxim actio personalis moritur cum persona not applicable-SC ABCAUS Case…

7 years ago
  • Income Tax

Non striking off clause in penalty notice u/s 271(1)(c) do not invalidate it. ITAT deviates from the Judgment of Karnataka High Court follows jurisdictional High Court

Non striking off clause in penalty notice u/s 271(1)(c) do not invalidate it. ITAT deviates from the Judgment of Karnataka…

7 years ago
  • Income Tax

Absence of dissolution clause-Registration 12AA can not be denied to a charitable Trust for no specific clause in the Trust deed

Absence of dissolution clause-Registration 12AA can not be denied to a charitable Trust for no specific clause in the Trust…

7 years ago
  • Income Tax

Legal expenses claim of Salman Khan allowed in set aside proceedings by revisionary order of CIT u/s 263.

Legal expenses claim of Salman Khan allowed in set aside proceedings by order of Commissioner of Income Tax under Revision…

7 years ago
  • Supreme Court

Tenant eviction-Landlord to establish only reasonable requirement which should be a genuine need and not simple desire – Supreme Court

Tenant eviction-Landlord to establish only reasonable requirement which should be a genuine need and not simple desire - Supreme Court…

7 years ago
  • Supreme Court

Petition in Supreme Court by lower middle income group who can’t afford expensive litigation with the help of SC Middle Income Group Legal Aid Society

Petition in Supreme Court by lower middle income group who can't afford expensive litigation with the help of SC Middle…

7 years ago