Category: Judgments
Prosecution u/s 420 of IPC disentitles benefit of IDS-2016 as scheme not apply to prosecution of any offence punishable under Chapter IX or Chapter XVII of the IPC-High Court ABCAUS Case Law Citation: ABCAUS 2343 (2018) (05) HC By the Finance Act, 2016 Government came with a scheme …
Resigned Director liable to pay service tax for his period. High Court declined to stay arrest or appearance before DG GST Intelligence in connection with the investigation/enquiry
Inclusion of period of deduction u/s 80-IA and 80-IB for counting ten years for Section 80-IC is limited to industrial undertakings set-up in North-Eastern Region-Supreme Court ABCAUS Case Law Citation: ABCAUS 2341 (2018) (05) SC The assessee was a manufacturer in Himachal Pradesh and being an industrial undertaking, …
Jurisdiction of AO cannot be challenged after completion of assessment proceedings. ITAT dismissed assessee’s appeal in view of provisions of section 124(3)(a) The appellant assessee by cross objections had challenged the order passed by the CIT(A) in confirming the action of the Assessing Officer (AO) in framing the …
IRP seeking discharge after appointment fined by NCLT. IBBI directed to take action under IBC-2016 Regulations for unprofessional attitude of IRP ABCAUS Case Law Citation: ABCAUS 2339 (2018) (05) IBBI An application had been filed by the Insolvency Resolution Professional (IRP) seeking for discharge from the Corporate Insolvency …
Refusal to accept e-way bills generated much before seizure-It appears that petitioner misled us says Allahabad HC which had summoned GST Commissioner UP calling it a serious situation In the instant writ petition, the appellant assessee had challenged the seizure of goods and the vehicle by the …
Deposit of TDS under wrong TAN – ITAT directs credit of TDS to the assessee after verification of challan In the instant appeal, the appellant assessee had challenged the order of the CIT(A) in the matter of order passed under Sections 201(1)/201(1A) of the Income Tax Act, 1961 …
If identity and genuineness of loan transactions proved addition on capacity ground can be made only in the hands of investor-ITAT follows SC The appellant assessee had preferred the instant appeal against the order of the CIT(A) in upholding the additions on account of unexplained loan u/s 68 …
Not signing reasons recorded for reopening invalidated the notice u/s 148. ITAT quashed the reopening as issue of the notice without recording reasons The appellant assessee had preferred the instant appeal against the order of the CIT(A) in upholding the reopening the assessment where reasons recorded for issuance …
No disallowance u/s 40(a)(ia) can be made for short deduction of TDS or deduction under wrong head. ITAT follows jurisdictional High Court decision. The point for consideration was as to whether the provisions of section 40(a)(ia) of the Act could be invoked for short deduction of tax at source. …