IT JudgementReassessment proceeding beyond 6 Years stayed by Calcutta High Court as an interim relief4 years agoReassessment proceeding beyond 6 Years stayed by Calcutta High Court as an interim relief The litigation post Ashish Kumar Agarwal…
IT JudgementOrder Passed under Section 143(1) is NOT an Assessment: Delhi High Court4 years agoOrder Passed under Section 143(1) is NOT an Assessment: Delhi High Court Recently Delhi HC in a writ filed by…
IT JudgementSummary in Form DRC-01 can’t be a substitute of SCN under section 74(1): Jharkhand HC4 years agoSummary in Form DRC-01 can’t be a substitute of SCN under section 74(1): Jharkhand HC Recenlty, the Jharkhand HC in…
IT JudgementCancellation of registration based on vague SCN and non-speaking order quashed by Gujarat HC4 years agoCancellation of registration based on vague SCN and non-speaking order quashed by Gujarat HC Here is an interesting order by…
IT JudgementFinally, Reopening proceeding beyond 6 years quashed by Calcutta High Court being barred by limitation4 years agoFinally, Reopening proceeding beyond 6 years quashed by Calcutta High Court being barred by limitation Calcutta HC passed a final order…
IT JudgementBogus Purchases: ITAT deletes addition without Proper Cross-Verification:4 years agoBogus Purchases: ITAT deletes addition without Proper Cross-Verification: M/s Ravi Developments (ITA.No.764 & 765/Mum./2022) Facts: Purchases were made by…
IT JudgementReassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6 Years4 years agoReassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6…
IT JudgementHC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist and Turn ahead4 years agoHC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist…
IT JudgementCalcutta HC quashes Assessment Order passed under old surrendered PAN4 years agoCalcutta HC quashes Assessment Order passed under old surrendered PAN Shakuntala Sales Incorporation (W.P.A. 17644 of 2022) Facts: The main…
IT JudgementShow Cause Notice (SCN) can’t be issued in respect of transactions which took place more than 8 years back, where law requires record to be maintained for 8 years: SC4 years agoShow Cause Notice (SCN) can’t be issued in respect of transactions which took place more than 8 years back, where…
IT Judgementपिक्चर अभी बाकी है – Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court4 years agoपिक्चर अभी बाकी है – Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High…
IT JudgementThe Twist: Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court4 years agoThe Twist: Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court The…
IT JudgementSupreme Court Declares Section 3(2) and 5 Of Benami Transactions Prohibition Act As Unconstitutional; 2016 Amendment Act To Have Only Prospective Effect4 years agoSupreme Court Declares Section 3(2) and 5 Of Benami Transactions Prohibition Act As Unconstitutional; 2016 Amendment Act To Have Only…
IT Judgement2016 Amendment to Benami Act can’t be applied retroactively to transactions entered into before 25-10-2016: Apex Court4 years ago2016 Amendment to Benami Act can’t be applied retroactively to transactions entered into before 25-10-2016: Apex Court 2016 Amendment…
IT JudgementGenuineness of a Will has to be ascertained before disregarding the same: ITAT Allahabad4 years agoGenuineness of a Will has to be ascertained before disregarding the same: ITAT Allahabad Shri Gaus Mohammad (ITA No. 104/Alld/…
IT JudgementDepreciation can be claimed on assets not in use, once they are a part of block of assets: ITAT Kolkata4 years agoDepreciation can be claimed on assets not in use, once they are a part of block of assets: ITAT Kolkata …
IT JudgementCompensation received by flat owner in redevelopment agreement and its taxation4 years agoCompensation received by flat owner in redevelopment agreement and its taxation Here is an important judgement on the taxability of compensation from…
IT JudgementCOMPENSATION PAYABLE IN CASE OF DEATH OF A CHILD IN AN ACCIDENT.4 years agoCOMPENSATION PAYABLE IN CASE OF DEATH OF A CHILD IN AN ACCIDENT. As you are aware that “Accident”, the…