Judgments

  • Income Tax

Mere non furnishing transporters declaration u/s 194C(7) do not attract disallowance u/s 40(a)(ia)

No furnishing transporters declaration u/s 194C(7) does not mean non compliance of section 194C(6) leading to disallowance u/s 40(a)(ia) -…

1 year ago
  • Income Tax

Cost of acquisition in construction of roof rights in property – ITAT remands case

Cost of acquisition in construction of roof rights in property - ITAT remands case for consideration of report of valuer.…

1 year ago
  • Income Tax

CPC making adjustment despite correct position available was a mistake of apparent nature

CPC making adjustment u/s 143(1)(a) without giving opportunity despite availability of correct position was a mistake of apparent nature -…

1 year ago
  • Income Tax

A deduction can not be denied for not filing ITR within due date in absence of specific provision

A claim for deduction can not be denied merely for not filing return of income within due date specified u/s…

1 year ago
  • Income Tax

Common Area Maintenance Charges liable to TDS @ 2% u/s 194C not @10% u/s 194I – ITAT

Common Area Maintenance Charges (CAM charges) liable for TDS rate @ 2% u/s 194C as contractual payment and not @10%…

1 year ago
  • Supreme Court

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023 

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023  The Supreme Court of India has published a…

1 year ago
  • Income Tax

AO can not question genuineness of medical certificate unless has material to counter it-ITAT

AO can not question genuineness of medical certificate unless he has some material to counter it – ITAT deletes penalty…

1 year ago
  • Income Tax

Employers contribution not covered under Supreme Court order in case of Checkmate

Employers contribution not covered under Supreme Court order in case of Checkmate. Payment by cheque within due date allowed by…

1 year ago
  • Income Tax

No prohibition to adjust seized cash with self assessment tax – ITAT

There is no prohibition to adjust seized cash with self assessment tax. Only prohibited is for adjustment of seized cash…

1 year ago
  • Income Tax

Salary, legal expenses, board meeting, Director fees not attributable to Fixed Deposit interest 

Employee Salary, legal expenses, board meeting expenses, Director sitting fees can not be attributed to Fixed Deposit interest - ITAT…

1 year ago