High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned by a company registered in India In a recent judgment, the High Court has held that the term ‘enterprise’ appearing in section 80IA means a project or an …

Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash In a recent judgment, ITAT Agra has held that there was no need for addition in the hands of the assessee who was only a carrier of cash …

Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI Act 2005 In a recent judgment, Hon’ble Supreme Court has held that Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI …

Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent judgment, ITAT has set aside the penalty u/s 271D and remanded the case for determination of whether payment of imprest constitutes a transfer within the meaning of section …

CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a recent judgment, Hon’ble High Court quashed the decision of ICAI Appellate Authority as the final judgment was not passed by the same members who heard the arguments. ABCAUS …

Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite sum of Rs. 30,000/- towards loss of domestic care.  In a recent judgment, Hon’ble Supreme Court has held that a homemaker (housewife) can not be considered as dependant …