Judgments

  • Sales Tax

Concessional trade tax rate against Form III-B Penalty leviable u/s 4B(6) not 3B of U P Trade Tax Act – SC

Concessional trade tax rate against Form III-B Penalty leviable u/s 4B(6) not u/s 3B of the U. P. Trade Tax…

8 years ago
  • Income Tax

Detention/Demurrage Charges disallowance us 37(1) deleted as it represented contractual charges

Detention and Demurrage Charges disallowance us 37(1) deleted as they represented contractual charges paid for delay in loading/unloading of material…

8 years ago
  • Income Tax

Mere 46A application to CIT-A do not justify that papers are on record if the assessee’s application under Rule 46A is declined-ITAT

Mere 46A application to CIT-A do not justify that papers are on record if the assessee's application under Rule 46A…

8 years ago
  • Income Tax

Carry forward set off charitable loss us 11 12 allowed by ITAT despite there being no such provisions but for the various decisions of High Courts

Carry forward set off charitable loss us 11 12 allowed by ITAT despite there being no such provisions but for…

8 years ago
  • Judgments

Courts power confined to examine arbitration agreement existence only after amendments to the Arbitration and Conciliation Act 1996-Delhi High Court

Courts power confined to examine arbitration agreement existence only after amendments to the Arbitration and Conciliation Act 1996-Delhi High Court. …

8 years ago
  • Income Tax

Polished granite slab used on floor is not tile under Karnataka Sales Tax Act Entry8. There is distinction between polished granite stone/slabs and tiles-SC

Polished granite slab used on floor is not tile under Karnataka Sales Tax Act Entry 8. that there is a…

8 years ago
  • Income Tax

Rakhi Sawant income tax appeals gets both relief and dismissal-Dismissal for delay, disallowance us 40(a)(ia) remanded assessee being not covered u/s 44AB

Rakhi Sawant income tax appeals gets both relief and dismissal from ITAT-dismissal for delay, disallowance us 40(a)(ia) remanded assessee being…

8 years ago
  • Income Tax

Penalty for late filing TDS return us 272A(2)(k) quashed as accountant had changed

Penalty for late filing TDS return us 272A(2)(k) quashed as accountant had changed during the year and assessee was not…

8 years ago
  • Income Tax

Partnership salary allowed in profit loss ratio as per deed as the remuneration clause provided the manner of quantifying as per CBDT Circular No. 739

Partnership salary allowed in profit loss ratio as per deed. Remuneration clause provided the manner of quantifying as per CBDT…

8 years ago
  • Income Tax

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, penalty not justified

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, it would not…

8 years ago