Category: High Courts
AO after dropping an issue in assessment u/s 143(3) for lack of evidence is competent to re-open such issue upon gathering necessary information – Calcutta High Court In a recent judgment, Hon’ble Calcutta High Court has held that the jurisdictional assessing officer after having dropped an issue on …
Assessee cannot be granted immunity from prosecution u/s 276B for late deposit of TDS merely because ultimately TDS was deposited belatedly – Delhi High Court In a recent judgment, Hon’ble Delhi High Court has held that an assessee cannot be granted immunity from prosecution under section 276B for …
High Court sets aside demand notices in respect of a period, for which the assessee had discharged tax liability under SVLDRS In a recent judgment, Hon’ble Bombay High Court has held that the demand of service tax interest and penalty in respect of a period, for which the …
Addition u/s 69A confirmed as alleged capital contribution by partners was deposited in bank account of assessee not in account of partnership firm In a recent judgment, Andhra Pradesh High Court confirmed addition under section 69A of Income Tax Act as the alleged capital contribution by the partners …
Allahabad High Court grants bail to Chartered Accountant accused in a GST evasion to the tune of more than 40 crores In a recent judgment, Hon’ble Allahabad High Court has granted bail to a Chartered Accountant accused in a GST evasion to the tune of more than 40 …
Resolution Professional can’t claim income tax refund for a period prior to approval of the resolution plan In a recent judgment, Orissa High Court has held that A Resolution Professional can’t claim income tax refund for a period prior to when he stepped in and managed affairs of …
An Appeal should not be thrown away on the ground of limitation as delay can always be compensated in terms of money. In a recent judgment, Hon’ble Kerala High Court has held that the law with regard to condonation of delay is no longer res integra as the …
Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO – High Court In a recent judgment, Hon’ble Allahabad High Court has upheld that where the belief of escapement of income as per reasons recorded fails no other …
Limitation for filing Rectification Application to ITAT u/s 245(2) starts from the date when the order of which rectification is sought, is served upon the Petitioner – Bombay High Court In a recent judgment, Hon’ble Bombay High Court has held that limitation for filing the Rectification Application before …
Only days on which actual services rendered by company to be considered in computing threshold for constitution of permanent establishment (PE) In a recent judgment, Delhi High Court has upheld exclusion of business development days and common days and only the days on which actual services were rendered …
