Judgments

  • FEMA

Proceeding against Company Director for FERA contravention – Necessary ingredients

Proceeding against Company Director for FERA contravention. Necessary ingredients are similar to section 141 of Negotiable Instrument Act - SC…

4 years ago
  • GST

High Court set aside application for rejection of revocation of GST registration cancellation

High Court set aside rejection of application for revocation of GST registration cancellation order in view of Central Goods and…

4 years ago
  • Income Tax

Assessee not permitted to change head of income as per his own sweet will & convenience – ITAT

Assessee not permitted to change head of income as per his own sweet will and convenience. ITAT upheld addition following…

4 years ago
  • Income Tax

Non compete fee paid under deed of covenant held not taxable. Revenue can not guess commercial expediency

Non compete fee paid under deed of covenant held not taxable. Revenue has no business to second guess commercial or…

4 years ago
  • Income Tax

Project office used as auxiliary office for liaison not PE unless used for core business – SC

Project office used as auxiliary office for liaison not a PE unless core business is carried on therefrom - SC…

4 years ago
  • CA CS CMA

NFRA imposes 25 lakhs penalty and debars CA for 7 years for professional misconduct

NFRA imposes penalty of Rs. 25 lakhs and debars CA for 7 years for professional misconduct in statutory audit of…

4 years ago
  • Income Tax

Concealment Penalty cannot be levied on rejection of a bona-fide claim

Concealment Penalty cannot be levied on rejection of a bonafide claim. Even assessee with great expertise could make silly mistake…

4 years ago
  • Income Tax

Services of web promotion, social media management held not liable to withholding tax

Services of web promotion, social media management held not liable to withholding tax u/s 195 as per the provisions of…

4 years ago
  • Income Tax

Interest on FDR pledged as security to obtain contract held as business income

Interest on FDR pledged as security for obtaining contract is business income and profits to be computed by applying NP…

4 years ago
  • Income Tax

CPC-TDS established procedure for refund of excess TDS deposited

CPC-TDS established procedure for refund of excess TDS deposited ABCAUS Case Law Citation:ABCAUS 3333 (2020) (07) HC In the instant…

4 years ago