Judgments

  • Income Tax

Yoga also gives medical relief as per definition of charitable purpose us 2(15). Propagation of yoga is also imparting of education – ITAT

Yoga also gives medical relief as per definition of charitable purpose us 2(15). Propagation of yoga was charitable purpose and…

7 years ago
  • Income Tax

Probative worth of Income Tax Proceedings qua lawfulness of the sources of income. SC judgment

Probative worth of Income Tax Proceedings qua lawfulness of the  sources of income. SC rejects IT orders/assessment as proof against…

7 years ago
  • Income Tax

Addition us 68 for accommodation entries-don’t shoot the messenger

Addition us 68 for accommodation entries-don't shoot the messenger. Addition restricted to commission earned on accommodation entries-ITAT  ABCAUS Case Law…

7 years ago
  • Income Tax

Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. AO did not detect it but noticed from reply of assessee

Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. The AO did not detect mistake but noticed…

7 years ago
  • Income Tax

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not that of the AO-Allahabad HC Judgment

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the…

7 years ago
  • Income Tax

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions,…

7 years ago
  • Income Tax

Revision us 263-Use of word “appears” showed CIT was not sure how and in what manner the assessment order passed was without investigation-ITAT

Revision us 263-Use of word appears showed CIT was not sure as to how and in what manner the assessment…

7 years ago
  • ICAI

CA Misconduct-Non reporting book entry stocks debtors sales and accounts manipulation which was statutory requirement

CA Misconduct-Non reporting book entry stocks debtors sales and  accounts manipulation. Reporting modus operandi of bogus transactions was statutory requirement-High…

7 years ago
  • ICAI

CA misconduct-Share application money receipt fake certificate. CA held guilty for consciously omitting date of cheques encashment-High Court

CA misconduct-Share application money receipt fake certificate. CA held guilty for consciously omitting date when the cheques were encashed-High Court…

7 years ago
  • Income Tax

Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction is questioned it is to be first decided.

Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction of an authority to pass the order is questioned then…

7 years ago