Category: Judgments

Person with disabilities need not stand-up for National Anthem. Doors of Cinema Halls need not be bolted-Supreme Court modifies its order

Person with disabilities need not stand-up for National Anthem. Doors of Cinema Halls need not be bolted-Supreme Court modifies its order

December 9, 2016 Judgments, Supreme Court
Person with disabilities need not stand-up for National Anthem. Doors of Cinema Halls need not be bolted-Supreme Court modifies its order. ABCAUS case Law Citation: 1079 (2016)(12) SC On 30th November-2016, The Hon’ble Supreme Court had as interim measure, issued several directions with respect to playing of National …
Gujarish film promotion expenses by Hrithik Roshan disallowed. Amount paid to TV show Saregama contestants was not professional expenses

Gujarish film promotion expenses by Hrithik Roshan disallowed. Amount paid to TV show Saregama contestants was not professional expenses

December 7, 2016 Income Tax, ITAT, Judgments
Gujarish film promotion expenses by Hrithik Roshan disallowed. Amount paid to TV show Saregama contestants voluntarily was not connected to his profession-ITAT ABCAUS Case Law Citation: ABCAUS 1078 (2016) (12) ITAT Assessment Year: Brief Facts of the Case: In the present case, both the appellant assessee (Hrithik Roshan) …
Business promotion personal nature gift expenses disallowance without specifying any specific items not connected with business activity deleted by ITAT

Business promotion personal nature gift expenses disallowance without specifying any specific items not connected with business activity deleted by ITAT

December 7, 2016 Income Tax, ITAT, Judgments
Business promotion personal nature gift expenses disallowance without specifying any specific items not connected with business activity deleted by ITAT ABCAUS Case Law Citation: ABCAUS 1077 (2016) (12) ITAT Assessment Year: 2011-12 Date of Judgment: 01-12-2016 Brief Facts of the Case: During the assessment proceedings, The Assessing Officer …
No concealment penalty-non disclosure of disallowance 40(a)(ia) in computation of income as the issue is debatable due to HC decisions

No concealment penalty-non disclosure of disallowance 40(a)(ia) in computation of income as the issue is debatable due to HC decisions

December 6, 2016 Income Tax, ITAT, Judgments
No concealment penalty-non disclosure of disallowance 40(a)(ia) in computation of income as the issue is debatable due to High Court decisions ABCAUS Case Law Citation: ABCAUS 1076 (2016) (12) ITAT Assessment Year: 2008-09 Date of Judgment: 01-12-2016 Brief Facts of the Case: During the scrutiny proceedings of the …
Exemption us 10(19A) apply to whole palace including let out part and not confined to portion only in Rulers actual occupation-Supreme Court

Exemption us 10(19A) apply to whole palace including let out part and not confined to portion only in Rulers actual occupation-Supreme Court

December 5, 2016 Income Tax, Judgments, Supreme Court
Exemption us 10(19A) apply to whole palace including let out part and not confined only to portion in actual occupation of Ruler-Supreme Court ABCAUS Case Law Citation: ABCAUS 1075 (2016) (12) SC Assessment Year: 1978-79  Important Case Laws cited: Maharawal Laxman Singh vs. C.I.T. C.I.T. vs. H.H. Maharao …
Sales incomplete till goods delivery unless insurable risk passes to buyer. FOR destination basis sales invoice reversal for year end goods in transit valid

Sales incomplete till goods delivery unless insurable risk passes to buyer. FOR destination basis sales invoice reversal for year end goods in transit valid

December 4, 2016 Income Tax, ITAT, Judgments
Sales incomplete till goods delivery unless insurable risk passes to buyer. FOR destination basis sales invoice reversal for goods in transit at the year end valid-ITAT ABCAUS Case Law Citation: ABCAUS 1072 (2016) (12) ITAT Assessment Year: 2011-12 Date of Judgment: 29-11-2016 Important Case Laws cited: Morvi Industries …