Category: Judgments
Levy of fee u/s 234E before 01.06.2015-in view of difference between High Courts, the one in favour of assessee needs to be followed where decision of Jurisdictional High Court is not in against-ITAT ABCAUS Case Law Citation: ABCAUS 2288 (2018) (04) ITAT The assessee had filed the instant …
Prosecution for violation u/s 139(1) and 142(1) quashed as penalty u/s 271F was deleted by CIT(A) and no adjudicatory proceedings were initiated u/s 142(1) ABCAUS Case Law Citation: ABCAUS 2287 (2018) (04) AC Important Case Laws Cited/relied upon by the parties K.C. Builders & Anr. Vs The Assistant …
Excise classification of coconut Oil in small packings-In view of the difference of opinion, the Registry directed to place appeals before CJI ABCAUS Case Law Citation: ABCAUS 228 (2018) (04) SC Important Case Laws Cited/relied upon by the parties Rajasthan Oil Mills Vs. Commissioner of Central Excise 12014 (314) ELT 541 The Commissioner of Central Excise and the assessee(s) …
Location of the Plant outside EOU and customs bonded area not a disqualification to claim deduction under Section 10B of Income Tax Act-High Court ABCAUS Case Law Citation: ABCAUS 2285 (2018) (04) HC Important Case Laws Cited/relied upon by the parties Commissioner of Income Tax Vs. Caritor (India) …
High Court summons GST Officer to explain illegal interception and seizure of goods despite E-Way Bill being generated and produced ABCAUS Case Law Citation: ABCAUS 2284 (2018) (04) HC The instant writ was filed by the Petitioner consignor who was aggrieved by the seizure of the goods made …
No immunity from prosecution of offences undergoing trial before application to Income Tax Settlement Commission in view of the proviso to Section 245H(1) ABCAUS Case Law Citation: ABCAUS 2283 (2018) (04) TC The petitioners in the instant revision petitions had been facing trial before Additional Chief Metropolitan Magistrate …
Prosecution u/s 276B of directors as Principal Officer upheld as they failed to disclose who was managing the affairs of the company ABCAUS Case Law Citation: ABCAUS 2282 (2018) (04) TC The instant judgment was made in a revision petition filed by the defaulting company and its principal …
Educational institutions may take more creative steps to qualify their objectives as an “educational purpose” than objectives set out in the memorandum-High Court ABCAUS Case Law Citation: ABCAUS 2281 (2018) (04) HC Important Case Laws Cited/relied upon by the parties ACIT v. Thanthi Trust 247 ITR 785 Commissioner …
High Court upheld inclusion and exclusion of comparables by TPO based on filters of losses, declining sales, segment reporting employee cost etc. ABCAUS Case Law Citation: ABCAUS 2280 (2018) (04) HC The appellant assessee had filed the instant appeal under Section 260A of the Income Tax Act, 1961 …
Unilateral writing off liability in the books of creditor can not be taxed u/s 41 in the hands of the assessee unless assessee was party to the settlement had the knowledge of writing off – ITAT ABCAUS Case Law Citation: ABCAUS 2279 (2018) (04) ITAT Important Case Laws …
