Category: Judgments
Provisions of the Limitation Act not applicable to EPF & MP Act in the abscence of any legislative intent. These Act being Special Social Welfare Legislation designed to protect the interest of marginalized workmen-High Court ABCAUS Case Law Citation: ABCAUS 1285 (2017) (07) HC Important Case Laws Cited/relied upon: The Commissioner of …
NPA interest write off-Income Tax Act to override NHB Act. Deduction for past due interest to be based on 6 months u/s 43D read with Rule 6EB-Delhi High Court ABCAUS Case Law Citation: ABCAUS 1284 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition …
CIT erred in rejecting revision application u/s 264 on the ground of maintainability. CIT ought to have entertained the revision petition on merits- Delhi High Court ABCAUS Case Law Citation: ABCAUS 1283 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition under Article 226 …
P F Commissioner competent to decide the employee employer relationship and to determine if a particular employee comes under the definition of employee as defined under the Act – Kerala High Court ABCAUS Case Law Citation: ABCAUS 1282 (2017) (06) HC Important Case Laws Cited/relied upon: Hindustan Time …
Doubtful advances written off treated as provisions not allowable expenditure u/s 37(1) in contrast to bad debts w/o u/s 36(i)(vii) qua sundry debtor – ITAT ABCAUS Case Law Citation: ABCAUS 1281 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …
Delhi HC orders Bank Chairman to inquire attachment of wrong property on private detective agency report basis and fix responsibility for negligent acts without due diligence and basic title research/inspection. ABCAUS Case Law Citation: ABCAUS 1280 (2017) (06) HC Brief Facts of the Case: As per record, …
Mere third party statement of accommodation entries not sufficient to reopen assessment in the absence of any nexus of statement to alleged share applicants-ITAT ABCAUS Case Law Citation: ABCAUS 1279 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of …
Appeal before CIT rejected for not filed electronically remanded. Sufficient time to be given to assessee to remove defect by filing e Form-35 – ITAT ABCAUS Case Law Citation: ABCAUS 1278 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …
No Addition for upto 10 percent difference in DVOs report and the amount of investment shown by the assessee which is liable to be ignored – ITAT ABCAUS Case Law Citation: ABCAUS 1277 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by …
Time Limit for assessment-When ITAT simply restored matter to AO for fresh adjudication without any finding or direction, section 153(2A) was applicable and the order was subject to time limitation prescribed. Time Limit for assessment completion u/s 153 ABCAUS Case Law Citation: ABCAUS 1276 (2017) (06) ITAT The …
