Judgments

  • Income Tax

Benefit of 30% Disallowance u/s 40(a)(ia) prior to 2015 amendment be given to assessee – ITAT

Benefit of 30% Disallowance u/s 40(a)(ia) prior to 2015 amendment be given to assessee else AO should confirm if parties…

7 years ago
  • Income Tax

CIT-Appeals ex-parte order bad as he himself adjourned hearing for being busy – ITAT

CIT-Appeals ex-parte order bad as he himself adjourned hearing for being busy, notice received on same date and AR was…

7 years ago
  • Income Tax

Revision 263 for non application of section 50C. The order held erroneous and also prejudicial to the interest of Revenue – ITAT

Revision 263 for non application of section 50C. The order of the AO was held not only erroneous but also…

7 years ago
  • Income Tax

Business or House Property income-Onus was on assessee to show that income was from letting out of the property – SC

Business or House Property income-Onus was on assessee to show that out of income or substantial income was from letting…

7 years ago
  • Judgments

EPF authorities has to insist on Videograpy and CCTV installation in and around factory premise-Punjab & Haryana HC

EPF authorities has to insist on Videograpy and CCTV installation in and around factory premise for recording of panchanama .…

7 years ago
  • Income Tax

Bogus purchase disallowance reduced from loss declared by assessee as purchases were related to the same business – ITAT

Bogus purchase disallowance reduced from loss declared by the assessee as the purchases were related to the same business only…

7 years ago
  • Income Tax

Bogus Purchase-profit already disclosed to be reduced from profit rate applied. AO directed to re-compute income

Bogus Purchase-profit already disclosed to be reduced from profit rate applied. AO was directed to give credit for disclosed profit…

7 years ago
  • ITAT

Draft Income Tax Appellate Tribunal Rules 2017 issued for public comments.

Draft Income Tax Appellate Tribunal Rules 2017 issued for public comments. 1963 Rules outlived utility in view of changing circumstances…

7 years ago
  • Income Tax

Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds as ITD failed poorly to prosecute on legal grounds.

Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds by the ITAT as the Income Tax…

7 years ago
  • Income Tax

Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law – ITAT

Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law - ITAT…

7 years ago