Judgments

  • Income Tax

Section 50C not apply TO transfer of leasehold right in plot of land – ITAT

Section 50C of not apply to transfer of leasehold right in plot of land - ITAT allowed appeal following High…

3 years ago
  • Income Tax

No provision exists for disallowance of expenses in interest of Revenue and to avoid leakage – ITAT

No provision exists for disallowance of expenditure in the interest of Revenue and to avoid the leakage of revenue -…

3 years ago
  • GST

Levy of GST on lotteries not ultra vires to the Constitution – Supreme Court

Levy of GST on lotteries not ultra vires to the Constitution, prize money not to be abated for determining value…

3 years ago
  • Income Tax

Non striking of applicable limb of penalty in notice-SC dismisses SLP of Income Tax Department

Non striking of applicable limb of penalty clause u/s 271(1)(c) in notice-Supreme Court dismisses SLP of the Income Tax Department…

3 years ago
  • Income Tax

Income Tax prosecution proceedings to be clubbed for different complaints on same material, evidence

Prosecution proceedings under Income Tax to be clubbed for different complaint cases on same material, evidence, documents and allegations ABCAUS…

3 years ago
  • Income Tax

Cash deposits out of sale of opening stock not unexplained income High Court upheld ITAT

Cash deposits out of sale of opening stock not unexplained income. High Court upheld ITAT order which followed rule of…

3 years ago
  • Income Tax

Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed.

Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed by Tribunal as non application…

3 years ago
  • Excise/Custom

CENVAT credit of service tax on goods transported from place of removal to buyers premises-SLP admitted

CENVAT credit of service tax paid on transport of goods from place of removal to the buyer’s premises – Supreme…

4 years ago
  • Income Tax

ITAT rejects & disbelieves cash gifts by close relatives at the time of marriage and anniversary

ITAT rejects and disbelieves cash gifts by close relatives at the time of marriage and anniversary as no such evidence…

4 years ago
  • Income Tax

Mesne profits & interest awarded by Court for unauthorised occupation by tenant taxable u/s 23(1)

Mesne profits and interest on mesne profits awarded by Court for unauthorised occupation by tenant taxable tax u/s 23(1) ABCAUS…

4 years ago