Judgments

  • Income Tax

A general statement that escapement of income is due to failure of assessee not enough

A general statement that escapement of income is due to failure of assessee to disclose fully and truly all material…

2 years ago
  • Income Tax

Which is Jurisdictional High Court on transfer of case u/s 127 to AO in different State – SC settles

Which is Jurisdictional High Court upon transfer of case u/s 127 of the Income Tax Act, 1961 from one AO…

2 years ago
  • GST

Tendering Process not vitiated by quoting wrong GST rates/HSN Code by Suppliers – SC

Tendering Process was not vitiated by quoting wrong GST rates/HSN Code by Suppliers – Supreme Court ABCAUS Case Law CitationABCAUS…

2 years ago
  • Service Tax

No service tax levy on Composite Works Contracts prior to Finance Act 2007 – SC  

No service tax levy on Composite Works Contracts prior to the introduction of the Finance Act 2007 – Supreme Court…

2 years ago
  • ICAI

If complainant not interested in pursuing case, holding CA guilty of misconduct not justified

Once dispute settled and complainant not interested in pursuing case, ICAI was not justified holding CA guilty of professional misconduct…

2 years ago
  • Income Tax

Deduction u/s 54 – Assessee cannot be blamed for the delay in housing projects by builder

Deduction u/s 54. Assessee cannot be blamed for the delay in housing projects by the builder as sections 54 and…

2 years ago
  • Income Tax

Higher consumption of electricity by itself no ground of suppression of production  

Higher consumption of electricity by itself is not a ground to infer suppression of production by the assessee ABCAUS Case…

2 years ago
  • Income Tax

ITAT expalains expression ‘without making inquiries or verification’ in Section 263

Expression ‘without making inquiries or verification’ in Section 263 to be read in conjunction with the words ‘which should have…

2 years ago
  • bankruptcy

NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of CoC– Supreme Court 

NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of Committee of Creditors – Supreme Court  ABCAUS…

2 years ago
  • Income Tax

At the stage of notice u/s 148 what is required is reason to believe not establishing fact

Notice u/s 148 - at this stage what is required is a reason to believe and not to establish fact…

2 years ago