Category: High Courts
High Court stays penalty proceedings during pendency of petition u/s 264 filed before Commissioner of Income Tax ABCAUS Case Law Citation: ABCAUS 2482 (2018) 08 HC The instant petition was filed by assessee against the impugned penalty notice issued by the Assessing Officer (AO) under Section 221(1) of …
Share Capital/Premium can not be regarded as undisclosed income. High Court deleted addition made for share premium u/s 68 ABCAUS Case Law Citation: ABCAUS 2478 (2018) 08 HC Important Case Laws Cited/relied upon: Commissioner of Income Tax v. Electro Polychem Ltd. (2007) 294 ITR 661, Commissioner of Income …
High court orders inquiry for manipulation of reasons to believe and role of the AO. Recommends strict disciplinary action for playing a subterfuge by back dating the records ABCAUS Case Law Citation: ABCAUS 2473 (2018) 08 HC Important Case Laws Cited/relied upon by the parties: Haryana Acrylic Manufacturing …
Deliberate non production of books of account held as concealment of income. Books maintained in computer even if lost can be generated. – High Court ABCAUS Case Law Citation: ABCAUS 2463 (2018) 08 HC In number of, if not the most cases of civil contractors, they often and …
Tahbazari is not covered under TCS provisions u/s 206C(1C). Toll plaza does not include Tahbazari as there is no toll set up when licence is issued – High Court ABCAUS Case Law Citation: ABCAUS 2462 (2018) 08 HC The instant appeal had been filed by the Apar Mukhya …
Disclosure under RTI of file notings regarding sanction of prosecution upheld by High Court. Exclusion clause must be construed keeping in view their object ABCAUS Case Law Citation: ABCAUS 2456 (2018) 08 HC The instant petition was filed by the Government of India under Article 226 and 227 …
ITAT has power u/s 254 to order fresh enquiry either suo motu or on grounds raised. For justice to be done, truth must prevail-High Court ABCAUS Case Law Citation: ABCAUS 2455 (2018) 08 HC The instant appeal had been filed by the Appellant Assessee challenging the order passed …
Failure to download part-B of E-way bill might be human error-High Court orders release of seized goods and vehicle without penalty ABCAUS Case Law Citation: ABCAUS 2450 (2018) 08 HC The Petitioner assessee was aggrieved by the seizure of goods under the provisions of UP GST Act for …
Assessee could not be taxed more than what it had received-High Court upholds Tribunal order allowing commission paid by the assessee ABCAUS Case Law Citation: ABCAUS 2449 (2018) 08 HC Instant Income Tax appeals were filed by the Revenue aggrieved by the order passed by the Income Tax …
There is no provision in the Partnership Act requiring that Partnership Deed should contain the ratio of profit and loss per partner-High Court ABCAUS Case Law Citation: ABCAUS 2448 (2018) 08 HC The only common question of law raised for consideration in the instant appeals was whether Section …
