Category: Judgments
Attachment of Property under PMLA and bonafide third party claim – High Court explain the law and Prerequisites for a valid claim ABCAUS Case Law Citation: ABCAUS 2858 (2019) (04) HC In the instant case law, several appeals had been filed under Section 42 of the Prevention …
Supreme Court declares RBI Circular on revised framework for resolution of stressed assets ultra vires . All cases proceeded declared to be non-est ABCAUS Case Law Citation:ABCAUS 2857 (2019) (04) SC Important Case Laws Cited/relied upon by the parties RBI by Notification/circular dated 12.02.2018 had promulgated a revised …
Non Members not aggrieved person so as to have a right to challenge the Disciplinary order of ICAI. Supreme Court dismissed SLP against High Court Order ABCAUS Case Law Citation:ABCAUS 2856 (2019) (04) SC The Hon’ble Supreme Court had dismissed a special leave petition (SLP) against the order …
Supreme Court dismisses SLP of Income Tax Department against Radhika Roy, wife of NDTV founder Prannoy Roy ABCAUS Case Law Citation:ABCAUS 2855 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Olympia Paper & Stationery Stores vs. Assistant Commissioner of Income Tax, 63 ITD 148 Lately, …
Deduction u/s 80IB allowed when assessee was not owner of the land and undertook housing project at their own risk and cost- Supreme Court dismisses SLP of Department ABCAUS Case Law Citation: ABCAUS 2854 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Commissioner of Income …
The Show cause notice issued for change in excise classification of goods was barred by limitation, as it was intimated – SC dismissed appeal of the Department ABCAUS Case Law Citation:ABCAUS 2853 (2019) (04) SC The appellant had changed the goods classification under Central Excise Tariff Act, 1985. …
Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s 48 in computing capital gain u/s 45 ABCAUS Case Law Citation: ABCAUS 2852 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties Habib Hussein v. CIT …
High Court was not justified in appointing independent arbitrator without resorting to procedure for appointment of arbitrator under the contract as agreed by the parties.- SC ABCAUS Case Law Citation:ABCAUS 2851 (2019) (03) SC Important Case Laws Cited/relied upon by the parties National Insurance Company Limited Vs. Boghara Polyfab Private Limited caseUnion of India & Another Vs. M.P. Gupta In …
Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT action in deleting addition u/s 40(a)(ia) ABCAUS Case Law Citation: ABCAUS 2850 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Commissioner of Income Tax v …
Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148 – High Court ABCAUS Case Law Citation: ABCAUS 2849 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Sheo Nath Singh vs. ACIT, 82 ITR 148 …
