Judgments

  • Income Tax

IBC has overriding affect on all the acts including Income Tax Act as provided u/s 178(6)

IBC has overriding affect on all the acts including Income Tax Act as specifically provided u/s 178(6) ABCAUS Case Law…

1 year ago
  • Income Tax

Income Tax Prosecution- Accused has no right to inspect judicial file till he is summoned

Income Tax Prosecution- Accused has no right to inspect judicial file till he is summoned by the Trial Court ABCAUS…

1 year ago
  • Income Tax

Loss on investment w/o not capital gain, hence covered by monetary limits for appeal filing

Loss on investment written off not capital gain and hence not covered by exception to monetary limits for filing appeal…

1 year ago
  • Income Tax

Denial of deduction u/s 11 for late filing of Form 10B. CIT(A) to wait till disposal of condonation application

Denial of deduction u/s 11 not filing of Audit Report in Form 10B within due date. The CIT(A) to wait…

1 year ago
  • Income Tax

Sales & collection from debtors in SBN during demonetization held assessee’s own money

Sales & collection of sundry debtors in SBN during demonetization period held to be assessee’s own money  ABCAUS Case Law…

1 year ago
  • Income Tax

Penalty u/s 270A can not be imposed without first disposing application for immunity

Penalty u/s 270A can not be imposed without first disposing application in Form No. 68 for immunity from penalty ABCAUS…

1 year ago
  • Income Tax

Penalty 271(1)(b) and 271F deleted as explanation of assessee was ignored by AO

ITAT deleted penalty 271(1)(b) and 271F as explanation of the assessee was ignored by the Assessing Officer and CIT(A). ABCAUS…

1 year ago
  • Income Tax

Accumulation u/s 11(1)(a) for an incidental business is to be calculated on net profits

Accumulation of charitable income u/s 11(1)(a) for incidental business is to be calculated on net profits not gross receipts. ABCAUS…

1 year ago
  • Income Tax

Application u/s 202/203 CrPC – Accused cannot ask Trial Court to decide contentions

Application u/s 202/203 CrPC - Accused cannot ask Trial Court to decide contentions raised by him at pre-summoning stage ABCAUS…

1 year ago
  • Income Tax

Furnishing of return is complete for the purposes of Section 234A & 139, moment it is uploaded

Furnishing of return is complete for the purposes of Section 234A and Section 139 of the Act, the moment it…

1 year ago