Supreme Court

  • Income Tax

In absence of cost of acquisition of development rights, TDR can’t be taxed as capital gain

In absence of cost of acquisition of development rights, TDR cannot be taxed as a capital gain. Supreme Court dismissed…

5 years ago
  • Income Tax

Addition of unexplained credit in the case of money launderer/ hawala operator upheld. SC dismisses SLP

Addition as unexplained credit/Investment in case of money launderer / hawala operator. Supreme Court dismisses SLP against High Court order…

5 years ago
  • Income Tax

Assessment order in name of non-existent company void-Supreme Court puts controversy to rest

Assessment order in the name of non-existent amalgamating company void. Supreme Court put the controversy to rest once for all…

5 years ago
  • EPFO

Mere Permission to do work from home not take away status as employees under EPF Act – SC

Mere Permission to do work from home not take away status as employees for the purpose of EPF Act –…

5 years ago
  • Income Tax

Is bank guarantee commission liable to TDS u/s 194H? SC keeps the Question of Law open

Is bank guarantee commission liable to TDS u/s 194H-SC dismisses SLP of the Department but keeps the Question of Law…

5 years ago
  • Income Tax

Reopening due to change in method of accounting for NPA-SC dismisses SLP of ITD

Reopening due to change in method of accounting for NPA quashed as it was notified in audited accounts. SC dismissed…

5 years ago
  • Income Tax

If AO examines a claim and not reject it then it can’t be said that AO not formed any opinion  

If AO examines a claim and not reject it then it can’t be said that AO had not formed any…

5 years ago
  • Income Tax

Value of goods lying at port can be at cost or market price. SC dismisses SLP of Revenue

Value of goods lying at port but not exported can be at cost or market price at the option and…

5 years ago
  • Income Tax

Allowability of Pension paid to retiring partner in CA Firm. SC refuses to entertain SLP of ITD on reopening

Allowability of pension payment to retiring partner in CA Firm. SC refuses to entertain SLP of the ITD against High…

5 years ago
  • Income Tax

Rectification by ITAT was barred by principle of finality & doctrine of merger SC dismissed SLP

Rectification by ITAT was barred by principle of finality & doctrine of merger. SC dismisses SLP of assessee but set…

5 years ago