Category: Judgments
Higher Court cannot stay /quash orders in anticipation of being passed by an appellate authority. Supreme Court quashes High Court direction ABCAUS Case Law Citation:ABCAUS 2702 (2019) (01) SC Important Case Laws Cited/relied upon:Awani Kumar Upadhyay vs. High Court of Judicature of Allahabad & Ors., (2013) 12 SCC 392 An FIR was registered by the State Excise Department …
Tribunal declined to issue direction to AO to reopen cases under section 147 as Department have enough powers u/s 147, 263 and 154 to tax escaped income ABCAUS Case Law Citation: ABCAUS 2701 (2019) (01) ITAT Important Case Laws Cited/relied upon: ITO Vs. Muralidhar Bhagwan das 52 ITR …
Reopening limitation period not stood extended merely for passing reference made by the ITAT when assessee was not a party to the case and was not given opportunity of being heard. ABCAUS Case Law Citation: ABCAUS 2700 (2019) (01) ITAT Important Case Laws Cited/relied upon: Rural Electrification Corporation …
Market value of property with encroachment would always be lower – ITAT directs adoption of valuation u/s 50C prevalent on the date of agreement to sale ABCAUS Case Law Citation:ABCAUS 2699 (2019) (01) ITAT Important Case Laws Cited/relied upon:Dara Singh Vs. ITO Ward-1(2), Ghaziabad and ITA No.2213/Del/2018Sanjeev Lal …
When assessee surrendered exemption claimed on the condition that penalty proceedings u/s 271(1)(c) are not initiated there was no question of concealment of income or furnishing of inaccurate particulars of income. ABCAUS Case Law Citation: ABCAUS 2698 (2019) (01) ITAT Important Case Laws Cited/relied upon: CIT vs. Manjunatha …
Charges for Conversion of residential house usage to commercial revenue expenses as they are incurred on year-to-year basis and nor result in enduring benefit – ITAT ABCAUS Case Law Citation:ABCAUS 2697 (2019) (01) ITAT The appeal by the assessee was directed against order passed by the Commissioner of …
CIT(A) in cryptic order can not reject reconciliation of difference between gross receipts and Form No. 26AS filed before him on the ground that it did not resolve. ABCAUS Case Law Citation:ABCAUS 2696 (2019) (01) ITAT The instant appeal by the assessee was directed against the order of …
Eligibility of deemed Exports through third party for deduction u/s 10B-Supreme Court dismisses SLP of the Income Tax Department ABCAUS Case Law Citation:ABCAUS 2695 (2019) (01) SC Important Case Laws Cited/relied upon:M/s. International Stones India Pvt. LtdM/s.Tata Elxsi Ltd. The Karnataka High Court had reiterated that the assessee …
Section 80DD/CBDT Circular not violates right of equality of handicapped person by providing payment of annuity only on death of guardian/parent- Supreme Court ABCAUS Case Law Citation:ABCAUS 2694 (2019) (01) SC Important Case Laws Cited/relied upon:State of U.P. and Another v. Kamla Palace, (2000) 1 SCC 557S.K. Dutta, …
CIT(A) direction to initiate fresh reassessment proceeding after deciding assessee’s objections set aside as reassessment was bad in law ABCAUS Case Law Citation: ABCAUS 2692 (2019) (01) HC Important Case Laws Cited/relied upon: Multiplex Trading & Industrial Co. Ltd. 170 (Delhi). G.K.N Driveshafts (India) Ltd. v. ITO: (2003) …
