Judgments

  • Income Tax

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to verify sale rates -ITAT

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to…

7 years ago
  • Income Tax

No Penalty us 271(1)(c) for claiming excess depreciation in regular course with firm belief that it is legally allowable-ITAT

No Penalty us 271(1)(c) for claiming excess depreciation in regular course with firm belief that it is legally allowable and…

7 years ago
  • RTI

Fact finding committee report under RTI Act can not be denied if report was submitted and action taken. Section 8(1)(h) not applicable-Delhi HC

Fact finding committee report under RTI Act can not be denied if report was submitted and action was taken. Section…

7 years ago
  • Judgments

PIL not maintainable in service matters. Service matters writ cannot be filed by an association-Delhi High Court

PIL not maintainable in service matters in view of several Supreme Court Judgments. Service matters a writ petition cannot be…

7 years ago
  • Income Tax

Reassessment-TDS certificate-PL Account Receipt Difference. Reopening based on difference in TDS certificates and receipts shown in P&L account bad-ITAT

Reassessment-TDS certificate-PL Account Receipt Difference. It is a settled law that an assessment could not be reopened only on the…

7 years ago
  • Income Tax

Lost misplaced passbook entries-Account holder presumed to know bank deposits withdrawals details – ITAT

Lost misplaced passbook entries-Account holder presumed to know bank deposits withdrawals details even if account is closed as there is…

7 years ago
  • Income Tax

SC to decide ITAT jurisdiction to examine validity of search and demand satisfaction note, other evidences on the basis of which search conducted

ITAT jurisdiction to examine validity of search SC to decide ITAT jurisdiction to examine validity of search and demand satisfaction…

7 years ago
  • Income Tax

Payments to HUF held deemed dividend u/s 2(22)(e) despite the HUF itself was not the registered shareholder of the company-Supreme Court

Payments to HUF held deemed dividend u/s 2(22)(e) because the prescribed conditions were fulfilled notwithstanding the fact that the HUF itself…

7 years ago
  • Judgments

Writ court justified interfering with disciplinary enquiry-orders for violation of natural justice, non-application of mind, non-recording of reasons-SC

Writ court justified interfering with disciplinary enquiry and orders if it suffers from violation of  principles of natural justice or…

7 years ago
  • Income Tax

Stage of deduction us 10A is at gross total income computation under Chapter IV, not at computation of total income under Chapter VI-SC

Stage of deduction us 10A is at gross total income computation of eligible undertaking under Chapter IV, not at computation…

7 years ago