Judgments

  • Income Tax

Sale deed between wife-husband held as colourful device to avoid tax liabilities-ITAT

Sale deed between wife-husband held as colourful device to avoid tax liabilities. Exemption u/s 54F denied on the basis of…

8 years ago
  • Income Tax

Disallowance us 14A for practicing Senior Advocate of Supreme Court deleted as AO was not dissatisfied with correctness of claim made by assessee-ITAT

Disallowance us 14A for practicing Senior Advocate of Supreme Court deleted as AO  was not dissatisfied with correctness of the…

8 years ago
  • Income Tax

Capital gain deduction us 54 54F for belated returns u/s 139(4) allowable-ITAT

Capital gain deduction us 54 54F allowable for belated returns u/s 139(4). Value of stamp duty authorities us 50C(3) to…

8 years ago
  • Income Tax

Refusal of registration us 12A to society of close family members or on the ground that it will charge fee from students do not justify refusal – ITAT

Refusal of registration us 12A to society of close family members or on the ground that it will charge fee…

8 years ago
  • Income Tax

Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in the current year-ITAT

Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in…

8 years ago
  • Judgments

Airport security checks not issues of prestige-Supreme Court quashes Rajasthan HC order to grant exemption to High Court Judges

Airport security checks not issues of prestige-Supreme Court quashes Rajasthan High Court order to grant exemption to HC Judges and…

8 years ago
  • Income Tax

Additions ignoring peak credit amounts to double taxation if there is no material to show cash withdrawals could not have been re-deposited-ITAT

Additions ignoring peak credit amounts to double taxation if there is no material to show cash withdrawals could not have…

8 years ago
  • Income Tax

Peak Credit theory additions apply for unexplained cash deposits or where assessee fails to give satisfactory explanation u/s 68 69-ITAT

Peak Credit theory additions apply for unexplained cash deposits or where assessee fails to give satisfactory explanation and amount is…

8 years ago
  • Income Tax

Peak Credit theory additions ordered despite details not provided, evidence not furnished for the purposes of withdrawals from bank account-ITAT

Peak Credit theory additions ordered despite details not provided, evidence not furnished for the purposes of withdrawals from bank account-ITAT…

8 years ago
  • Supreme Court

Person with disabilities need not stand-up for National Anthem. Doors of Cinema Halls need not be bolted-Supreme Court modifies its order

Person with disabilities need not stand-up for National Anthem. Doors of Cinema Halls need not be bolted-Supreme Court modifies its…

8 years ago