Judgments

  • Income Tax

Filing Income Tax Form with scanned signature held procedural and curable defect

Filing Income Tax Form with scanned signature held only procedural defect and curable in nature. ITAT allowed Form 35A filed…

4 years ago
  • Income Tax

Delay in appeal against TDS CPC order downloaded after 2 years condoned as it was not served

Delay in Appeal against TDS CPC order downloaded after two years condoned as the order was never served on assessee…

4 years ago
  • Family Settlement

Memorandum of Family Settlement not required to be registered – Supreme Court

Memorandum of Family Settlement not required to be registered – Supreme Court. Read essentials ingredients of a Family Settlement ABACUS…

4 years ago
  • Income Tax

No disallowance for bogus purchase when there is one to one reconciliation of purchase with sales

No disallowance for bogus purchase when there is one to one reconciliation of purchase with sales - ITAT  ABACUS Case…

4 years ago
  • Income Tax

Liability of TDS u/s 194C(2) of Transporters for payments to trucks owners/operators. SC explains the Law

Liability of TDS u/s 194C(2) of Transporters for further payments to trucks owners/operators. Supreme Court explains the Law ABCAUS  Case…

4 years ago
  • Income Tax

Mere TDS deduction not decisive factor to treat payment received as income

Mere TDS deduction not decisive factor to treat payment received as income of the assessee ABCAUS Case Law Citation:ABCAUS 3347…

4 years ago
  • Income Tax

Cash withdrawal to be considered as source of bank deposits after deduction for household expenses

Cash withdrawal to be considered as source of cash deposited in bank after deduction for reasonable household expenses - ITAT…

4 years ago
  • Income Tax

Addition based on statement recorded deleted as witness not appeared for cross examination

Addition based on statement recorded deleted as witness did not appear for cross examination on Departments notice ABCAUS Case Law…

4 years ago
  • Income Tax

Disallowance u/s 40A(2)(b)-Excess over FMV to be seen as per legitimate needs of business

Disallowance u/s 40A(2)(b) AO has to form opinion if expenses more than FMV according to legitimate needs of business. ABCAUS…

4 years ago
  • 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