IT JudgementKarnataka High Court imposed a cost of one lakh rupees on the Commissioner of Service Tax (Appeals)8 years agoKarnataka 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 54EC8 years agoInvestment 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 ITAT8 years agoPF 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 12A8 years agoNow 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)8 years agoReturn 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 discount8 years agoApplicability 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 material8 years agoValidity 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, Cochin8 years agoInterest on delayed payment of TDS is compensatory in nature, hence, no disallowance: ITAT, Cochin Last day to complete the…
IT JudgementDissolution of firm due to death does not constitute as change in constitution!8 years agoDissolution of firm due to death does not constitute as change in constitution! The concept in regards to change in…
IT JudgementPenalty under section 271D for Contravention of section 269SS if Bona fide transaction?8 years agoPenalty under section 271D for Contravention of section 269SS if Bona fide transaction? Penalty under section 271D could not be…
IT JudgementValidity of Penalty under section 271(1)(c) for Concealment or furnishing of inaccurate particulars of income Assessment order itself quashed by Tribunal8 years agoValidity of Penalty under section 271(1)(c) for Concealment or furnishing of inaccurate particulars of income Assessment order itself quashed by…
IT JudgementSupreme Court has dismissed Revenue’s SLP in respect of bogus purchases against Gujarat High Court’s decision8 years agoSupreme Court has dismissed Revenue’s SLP in respect of bogus purchases against Gujarat High Court’s decision S.69 Bogus purchases Supreme…
IT JudgementMumbai ITAT rejects Assessees’s claim for selling software without mark-up to AE. Cites BEPS Concerns8 years agoMumbai ITAT rejects Assessees’s claim for selling software without mark-up to AE. Cites BEPS Concerns Mumbai ITAT rejects assessee’s (engaged…
IT JudgementValidity of Notice issued with respect to section 201(1)/201(1A) compelling assessee to produce books of account vs. Limitation period8 years agoValidity of Notice issued with respect to section 201(1)/201(1A) compelling assessee to produce books of account vs. Limitation period AO…
IT JudgementAvailability of sufficient fund cannot be the reason for not granting of registration u/s 80G8 years agoAvailability of sufficient fund cannot be the reason for not granting of registration u/s 80G CIT(E) was not justified in…
IT JudgementAO cannot ask for payment of even 20% of Disputed Tax till the disposal of the appeal by CIT8 years agoAO cannot ask for payment of even 20% of Disputed Tax till the disposal of the appeal by CIT Bombay…
IT JudgementDeductibility of Remuneration to partners if Photocopy of partnership deed furnished instead of original copy8 years agoDeductibility of Remuneration to partners if Photocopy of partnership deed furnished instead of original copy Where assessee-firm had submitted only…
IT JudgementCBDT Circular No. 1916 dated 11.5.1994 (Jewellery holding limit) should also be spread so as to cover the silver articles8 years agoCBDT Circular No. 1916 dated 11.5.1994 (Jewellery holding limit) should also be spread so as to cover the silver articles…