Category: High Courts
Mere non-payment of service tax was not suppression of material facts for invoking extended period of limitation under proviso to Section 73 (1) of the Finance Act-High Court  ABCAUS Case Law Citation: ABCAUS 2097 (2017) (10) HC Important Case Laws Cited/relied upon by the parties: P.C. Poulose …
Non speculative business loss can be set off against profits of any business including speculative business carried on by assessee – High Court ABCAUS Case Law Citation: ABCAUS 2096 (2017) (10) HC The Challenge/Grievance: This instant Income Tax Appeal was filed under Section 260(A) of the Income Tax …
ICAI Council had no record of oral discussions in forming prima facie opinion of misconduct against CA. However, Petition of CAs rejected on legal ground of res judicata. Â ABCAUS Case Law Citation: ABCAUS 2094 (2017) (10) HC Brief Facts of the Case: The petitioners were chartered accountants …
ITAT comment against CA Profession was out of sheer desperation & frustration. Bombay High Court strongly criticises ITAT for its observation made against the CA profession. ABCAUS Case Law Citation: ABCAUS 2091 (2017) (10) HC Approximately three years back in 2014, ITAT Mumbai had made a remark on …
Chartered Accountant though not public servant can be prosecuted under Prevention of Corruption Act as it covers persons other than the public servants- High Court ABCAUS Case Law Citation: ABCAUS 2088 (2017) (10) HC The Challenge/Grievance: The Petitioner was a chartered accountant who was aggrieved by the order …
Only earnest money can be forfeited not the advance given especially when no loss is suffered on account of non transaction or non performance. Showing an amount in the balance sheets amounts to admission-Delhi High Court  ABCAUS Case Law Citation: ABCAUS 2084 (2017) (09) HC Important Case Laws …
Distinction between setting aside of assessment and assessment order. When assessment on an issue set aside and remanded for decision afresh, time limit u/s 153(2A) applies-HC Â ABCAUS Case Law Citation: ABCAUS 2080 (2017) (09) HC The Challenge/Grievance: This Petitioner (Nokia India Pvt. Ltd) sought the quashing of …
GSTN system is not working upto the level and required to be corrected & updated to meet requirements – Rajasthan High Court GSTN system is not working upto the level and required to be corrected & updated The Jaipur Bench of Hon’ble Rajasthan high Court has observed that the GSTN system is not …
Live-tweeting of court proceedings is among suggestions invited by Delhi high Court NOTICE TO THE PUBLIC AT LARGE A Committee – “Media Reporting in Courts Balancing Free Press, Fair Trial and Integrity of Judicial Proceedings” was constituted by Hon’ble the Acting Chief Justice of the High Court of …
Show cause notice u/s 263 at old address was not full opportunity afforded to the assessee to controvert the grounds of revision as mandated by the Supreme Court  ABCAUS Case Law Citation: ABCAUS 2078 (2017) (09) HC The Substantial Question of Law framed/urged for determination: “(i) Did …
