Judgments

  • Companies Act

Company name struck off by ROC us 560 restored by Delhi High Court for want of notice u/s 560(1)(2) and non opportunity of being heard u/s 560(5)

Company name struck off by ROC us 560 restored by Delhi High Court for want of notice u/s  560(1)(2) and…

8 years ago
  • Income Tax

Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved vis-a-vis experience of Advocate – Bombay HC

Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved visavis the experience of the Advocate…

8 years ago
  • Income Tax

Additional depreciation u/s 32(1)(ii) on capital work in progress converted into plant and machinery erected, commissioned during the year allowable – ITAT

Additional depreciation u/s 32(1)(ii) on Capital Work in Progress converted into plant and machinery during the year is allowable -…

8 years ago
  • Income Tax

Forming opinion on the basis of information received by Investigation wing not satisfaction of the AO to reopen the case u/s 147 – ITAT

Forming opinion on the basis of information received by Investigation wing does not amount to satisfaction of the AO to…

8 years ago
  • Income Tax

Document pertaining to earlier year also constitutes record for rectification us 154 and if over-looked it amounts to a mistake apparent on record- ITAT

Document pertaining to earlier year also constitutes record and if the same is over-looked, it amounts to a mistake apparent…

8 years ago
  • Income Tax

Unrecoverable out of pocket expenses allowable u/s 37(1) as business loss

Unrecoverable out of pocket expenses allowable u/s 37(1) as business loss though not admissible as bad debts written off u/s s 36(1)(vii) -…

8 years ago
  • Income Tax

No disallowance us 40aia if Form 15G 15H not furnished to Commissioner as there is no liability to deduct TDS – ITAT

No disallowance us 40aia if Form 15G 15H not furnished to Commissioner as there is no liability to deduct TDS.…

8 years ago
  • Income Tax

Expenditure claim allowed in assessment proceedings can not be disallowed/restricted u/s 154 – ITAT

Expenditure allowed in assessment proceedings can not be restricted/disallowed in rectification proceedings u/s 154 which has a limited scope - ITAT…

8 years ago
  • Income Tax

Wheel loaders Graders are Motor vehicles eligible for higher depreciation rate at 40% – ITAT

Wheel loaders, Graders are Motor vehicles and are certainly eligible for higher depreciation rate at 40% as per Appendix I…

8 years ago
  • Income Tax

No TDS late deposit interest if cheque deposited in bank within due date – ITAT

No TDS late deposit interest if cheque deposited in bank within due date in view of CBDT Circular No. 261…

8 years ago