Judgments

  • Income Tax

Consultant-Visiting Doctors TDS. Salary u/s 192 or professional fee u/s 194J? Contract for service or a contract of service? – ITAT

Consultant-Visiting Doctors TDS. Salary u/s 192 or professional fee u/s 194J. Remuneration of consultant doctors was salary liable to TDS u/s…

8 years ago
  • Income Tax

Books non-rejection and making additions than estimating income wrong when there were defects in accounts produced and many accounts not produced – ITAT

Books non-rejection and making additions than estimating income wrong when there were defects in accounts produced and many accounts not…

8 years ago
  • Income Tax

Loss on furnishing guarantees for subsidiary company allowed as incurred by holding company in carrying on its own business – ITAT

Loss on furnishing guarantees for subsidiary company allowed as incurred by holding company in carrying on its own business a…

8 years ago
  • Income Tax

Keeping cash in bank not in hand not mandatory under any law. Cash deposited in bank from withdrawals made long back accepted – ITAT

Keeping cash in bank not in hand not mandatory under any law. Cash deposited in bank from withdrawals made long…

8 years ago
  • Income Tax

Penalty us 271(1)(c) if assessee agreed disallowance to buy peace. Merely because assessee agreed addition, he can not be saddled with penalty-ITAT

Penalty us 271(1)(c) if assessee agreed disallowance to buy peace. Merely because assessee agreed addition, he can not be saddled…

8 years ago
  • Income Tax

Notional interest on loans-advances when no such agreement – It is not necessary to pay interest in absence of such arrangement. Additions deleted by ITAT

Notional interest on loans-advances when no such agreement - It is not necessary to pay interest in the absence of such…

8 years ago
  • Service Tax

Service tax on short term hotel accommodation less than 3 months u/s 65 (105)(zzzzw) is unconstitutional – Delhi High Court

Service tax on short term hotel accommodation less than 3 months u/s 65 (105)(zzzzw) is unconstitutional - Delhi High Court…

8 years ago
  • Income Tax

Adverse view on evidence without opportunity to cross examine witness by the assessee is wrong – ITAT

Adverse view taken on evidence without opportunity to cross-examine It is settled proposition of law that whenever the AO intends to…

8 years ago
  • Income Tax

CIT Appeals wrong in rejecting appeal for non payment of tax when assessee paid tax on admitted return of income and revised return not accepted – ITAT

CIT Appeals wrong in rejecting appeal for non payment of tax when assessee paid tax on admitted return of income…

8 years ago
  • Income Tax

Rent held Business Income not House Property income when the business of the company was to lease its property and to earn rent-Supreme Court

Rent held Business Income not House Property income  When the the assessee company had only one business and that is of…

8 years ago