IT JudgementSection 234E cannot be said to be unreasonable and arbitrary: Kerala HC10 Nov 20180Section 234E cannot be said to be unreasonable and arbitrary: Kerala HC Section 234E cannot be said to be unreasonable…
IT JudgementJudgement imposing personal dine of Rs 1 Lakh on Commissioner (Appeal)9 Nov 20180Judgement imposing personal dine of Rs 1 Lakh on Commissioner (Appeal) Strictures: The total callous, negligent and disrespectful behaviour shown…
IT JudgementOn-call advisory services provided to Indian customers in trouble-shooting couldn’t be treated FTS: ITAT9 Nov 20180On-call advisory services provided to Indian customers in trouble-shooting couldn’t be treated FTS: ITAT Facts: a) The assessee was providing…
IT JudgementAOs order on Penny Stock upheld by Chennai ITAT9 Nov 20180AOs order on Penny Stock upheld by Chennai ITAT [button color=”” size=”” type=”” target=”” link=”https://drive.google.com/file/d/0BxR9OWNe1BQOamZZRlNqMXR6dlpPVHR3VklxVDA5TWpEbXl3/view?usp=sharing”]Download[/button]
IT JudgementExemption u/s 11 is available towards excess application of earlier year’s against current year’s income9 Nov 20180Exemption u/s 11 is available towards excess application of earlier year’s against current year’s income Excess expenditure in earlier years…
IT JudgementSum received on renting of terrace for installation of mobile tower taxable as house property income: ITAT5 Nov 20180Sum received on renting of terrace for installation of mobile tower taxable as house property income: ITAT Facts: a) Assessee…
IT JudgementTransit declaration form wrongly downloaded by the transporter & Release thereof5 Nov 20180Transit declaration form wrongly downloaded by the transporter & Release thereof Haryana Freight Carrier (P) Ltd. v. State of UP…
IT JudgementCan the set off of Loss incurred by Co-operative Society in an activity be allowed against the profit earned from another activity?3 Nov 20180Can the set off of Loss incurred by Co-operative Society in an activity be allowed against the profit earned from…
IT JudgementAddition towards Capital introduced by partner can be made in the Hands of the partner and not in the Hands of the firm3 Nov 20180Addition towards Capital introduced by partner can be made in the Hands of the partner and not in the Hands…
IT JudgementValidity of Reassessment of Non notice under section 143(2) issued3 Nov 20180Validity of Reassessment of Non notice under section 143(2) issued Where AO has failed to issue notice under section 143(2)…
IT JudgementKarnataka High Court imposed a cost of one lakh rupees on the Commissioner of Service Tax (Appeals)3 Nov 20180Karnataka High Court imposed a cost of one lakh rupees on the Commissioner of Service Tax (Appeals) The Karnataka High…
IT JudgementInvestment made before transfer from advance money is eligible for exemption u/s 54EC2 Nov 20180Investment made before transfer from advance money is eligible for exemption u/s 54EC ITAT Ahmedabad Rahul G. Patel ITA No.…
IT JudgementPF balance accumulated post-retirement of employee not eligible for tax exemption: Bangalore ITAT2 Nov 20180PF balance accumulated post-retirement of employee not eligible for tax exemption: Bangalore ITAT Facts: a) The assessee was an employee…
IT JudgementNow online filing of tax exemption application u/s 12A1 Nov 20180Now online filing of tax exemption application u/s 12A Educational institutions, hospitals, charitable and religious trusts will soon have to…
IT JudgementReturn filed u/s 153A could be treated as return filed u/s 139(1)1 Nov 20180Return filed u/s 153A could be treated as return filed u/s 139(1) Where no return was filed by assessee within…
IT JudgementApplicability of TDS U/s 194H on issuance of recharge vouchers to distributors by cellular service provider at discount31 Oct 20180Applicability of TDS U/s 194H on issuance of recharge vouchers to distributors by cellular service provider at discount No commission…
IT JudgementValidity of Reassessment due to Change of opinion in Absence of any new material31 Oct 20180Validity of Reassessment due to Change of opinion in Absence of any new material Since neither from reasons nor from…
IT JudgementInterest on delayed payment of TDS is compensatory in nature, hence, no disallowance: ITAT, Cochin31 Oct 20180Interest on delayed payment of TDS is compensatory in nature, hence, no disallowance: ITAT, Cochin Last day to complete the…