Category: Judgments
Denial of Section 54F exemption for quoting wrong section without examining merits of deduction claimed-ITAT remands the case to Assessing Officer ABCAUS Case Law Citation: ABCAUS 2425 (2018) 07 ITAT The instant appeal had been filed by the assessee against the order of the CIT(A) upholding the …
Non-mentioning the precise section for making addition for bogus purchase made the impugned addition bad in law – ITAT deletes the addition ABCAUS Case Law Citation: ABCAUS 2424 (2018) 07 ITAT The instant appeal was filed by the assessee against the order of CIT(A) in confirming the action …
Supreme Court stays applicability of ESI to construction site workers/labour ABCAUS Case Law Citation:ABCAUS 2423 (2018) 07 SC The Employees State Insurance Corporation had issued a Circular bearing No. P.12/11/11/60/20110-REV.II dated 31/07/2015 extending the benefit of ESI Scheme to the construction site workers, deployed in the implemented area …
Revision u/s 263 upheld as AO had not formed any opinion but erroneously allowed the capital expenses as revenue causing a clear prejudice – High Court ABCAUS Case Law Citation: ABCAUS 2422 (2018) 07 HC The instant appeal was filed by the assesseee against the order of the …
Section 54 Exemption not require utilisation of sale proceeds of original capital asset only. Investment out of bank loan and owned fund allowable- ITAT ABCAUS Case Law Citation: ABCAUS 2421 (2018) 07 ITAT The instant appeal was filed by the assessee against an order passed by the Commissioner …
Ex parte penalty order passed ignoring adjournment application filed set aside as the CIT-A had never ever bothered to peruse the Appellate Folder ABCAUS 2420 (2018) 07 ITAT The instant appeal was filed by the assessee against an order passed by the Commissioner of Income Tax (Appeals) whereby …
Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues to be a specie of it – ITAT ABCAUS Case Law Citation: ABCAUS 2419 (2018) 07 ITAT The Hon’ble President ITAT had referred the following question to the …
Non constitution of GST Appellate Tribunal in the State of Uttar Pradesh-High Court calls personal affidavit from Principal Secretary on reasons for delay and steps taken till date. ABCAUS Case Law Citation: ABCAUS 2418 (2018) 07 HC The instant writ petition had been filed against the proceedings under …
Expenses on Business Management Course abroad for directors son held as not incurred wholly and exclusively for the purpose of business of assessee ABCAUS Case Law Citation: ABCAUS 2417 (2018) 07 HC The instant appeal was filed by the appellant company against the order passed by the Income …
Ex President of Institute of Actuaries found guilty of professional misconduct for submitting fake air travel bill. Life ban and fine reduced by Appellate Authority ABCAUS Case Law Citation: ABCAUS 2416 (2018) 07 AA The instant appeal was filed by the appellant actuary against the order passed by …