Category: Judgments
Gauhati HC directs CBDT to consider extension to 31.12.2018 and pass an speaking order on or before 25.10.2018. CBDT denies further extension-order passed detailed order as per Gauhati High Court Direction Read More >> 31.10.2018 Gauhati HC in a fresh motion moved by Tax Bar Association asks CBDT …
CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence when fake statement was only a printed paper with no signatures or seal ABCAUS Case Law Citation: ABCAUS 2572 (2018) (10) AA Important Case Laws Cited/relied upon by the Appellant: Council of Institute of …
Encashment of bank guarantee as performance security in BoT Project was revenue expenditure. If property constructed not owned by the assessee, expenditure incurred would not be capital – ITAT ABCAUS Case Law Citation: ABCAUS 2571 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: CIT versus …
Alleged gift from foreign citizen on his death held colouring device as it was based upon undated nomination paper not supported with any evidence ABCAUS Case Law Citation: ABCAUS 2570 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: The Assessing Officer (AO) noticed that the …
Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 – Supreme Court ABCAUS Case Law Citation: ABCAUS 2569 (2018) (10) SC The present case laws deals with Section 238A of the Insolvency and Bankruptcy Code, 2016 (Code), which was inserted …
Proportionate allocation of deemed dividend based on shareholding of borrowing company may arise if there are two or more common shareholders in lending and borrowing company ABCAUS Case Law Citation: ABCAUS 2568 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: ACIT Vs Bhaumik Colours Pvt. …
Sawai Man Singh was not holder of an impartible estate, He was absolute Ruler till merger and thereafter his status was of a HUF ABCAUS Case Law Citation: ABCAUS 2567 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Shiba Prasad Singh vs. Rani Prayag Kumari …
No Late Fee 234E can be levied when challan cum statement Form 26QB filed within the due date as required u/s 200(3) rwr 31A(4A) – ITAT ABCAUS Case Law Citation: ABCAUS 2566 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: Mahavir AGENCY vs. Income Tax OFFICER …
Expecting assessee to submit voluminous details at fag end in a short period of time when AO kept assessment proceedings dormant for one year was unjustified – ITAT ABCAUS Case Law Citation: ABCAUS 2565 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: Pr.CIT Vs. Ashokji …
TPO had no power to impose penalty u/s 271G before 01.10.2014. Law operating on the date on which the wrongful act is committed determines the penalty ABCAUS Case Law Citation: ABCAUS 2564 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Brij Mohan vs. Commissioner of …
