IT Judgement

Income from other sources-Fair market value of premium on share-Report of valuer under DCF method-Valuation done by valuer as per mandate of statute

6 years ago

Income from other sources—Fair market value of premium on share—Report of valuer under DCF method—Valuation done by valuer as per…

IT Judgement

No addition can be made under Section 68 of the Income Tax Act 1961.

6 years ago

No addition can be made under Section 68 of the Income Tax Act 1961. Dcit, New Delhi vs M/S. Senorita Enterprises Pvt.…

IT Judgement

Whether rectification/modification of the order of the Tribunal under section 254 Possible?

6 years ago

Whether rectification/modification of the order of the Tribunal under section 254 Possible? National Mineral Development … vs Dy. Commissioner Of Income…

IT Judgement

Cancellation of Registration u/s 12A of the Income Tax Act,1961

6 years ago

Cancellation of Registration u/s 12A of the Income Tax Act,1961 Lilavati Kirtilal Mehta Medical … vs Cit -Cen (I), Mumbai…

IT Judgement

Whether the payment of provident fund and employees state insurance dues deposited by the Assessee within the grace period would qualify for deduction under Section 43B of the Income Tax Act, 1961?

6 years ago

Whether the payment of provident fund and employees state insurance dues deposited by the Assessee within the grace period would…

IT Judgement

Assessing Officer cannot, after conclusion of proceedings u/s 147, take aid of Explanation 3 to S. 147 to make any addition u/s 154.

6 years ago

Assessing Officer cannot, after conclusion of proceedings u/s 147, take aid of Explanation 3 to S. 147 to make any…

IT Judgement

Admissibility of deduction under section 10AA pursuant to conversion of business loss into positive income due to disallowance

6 years ago

Admissibility of deduction under section 10AA pursuant to conversion of business loss into positive income due to disallowance short overview…

IT Judgement

Validity : AO had adjusted the loss of one eligible unit against the profits of the other eligible unit and allowed deduction under section 80-IC on the balance amount.

6 years ago

Validity : AO had adjusted the loss of one eligible unit against the profits of the other eligible unit and…

IT Judgement

Tax deduction at source u/s 195 on payment to non-resident towards order procurement services rendered outside India

6 years ago

Tax deduction at source u/s 195 on payment to non-resident towards order procurement services rendered outside India short overview :…

IT Judgement

Partnership Firm : If Assessee failed to comply with notices issued u/s 142(1) then salary and interest paid to partners would not be allowable as deduction if assessment is carried out u/s 144

6 years ago

Partnership Firm : If Assessee failed to comply with notices issued u/s 142(1) then salary and interest paid to partners…

IT Judgement

Assessing officer made an addition of deposits of Rs.83 lakhs to the income of assessee

6 years ago

Assessing officer made an addition of deposits of Rs.83 lakhs to the income of assessee Shri Raghubir Singh (Prop.), ……

IT Judgement

Will must be Registered in case of Transfer of Property

6 years ago

Will must be Registered in case of Transfer of Property Narinder Singh Rao vs Avm Mahinder Singh Rao & Ors…

IT Judgement

Provisions of the Insolvency and Bankruptcy code would have an overriding effect over the provisions of Tea Act ,1953.

6 years ago

Provisions of the Insolvency and Bankruptcy code would have an overriding effect over the provisions of Tea Act ,1953. Duncans…

IT Judgement

GST : Charitable activities of Providing service of adoption of abandoned, orphaned or homeless children

6 years ago

GST : Charitable activities of Providing service of adoption of abandoned, orphaned or homeless children IN THE AUTHORITY FOR ADVANCE…

IT Judgement

Interesting case in favour of Assessee: Capital gains exemption under section 54F in case Assessee is a co-owner of second property

6 years ago

Interesting case in favour of Assessee: Capital gains exemption under section 54F in case Assessee is a co-owner of second…

IT Judgement

Application under section 7 or 9 of Insolvency and Bankruptcy code 2016 cannot be moved if more than three years have lapsed

6 years ago

Application under section 7 or 9 of Insolvency and Bankruptcy code 2016 cannot be moved if more than three years…

IT Judgement

Voluntary Transfer Pricing adjustment of international transaction

6 years ago

Voluntary Transfer Pricing adjustment of international transaction Jabil Circuit India P.Ltd, Mumbai vs Asst Cit Cir 3(2)(1), Mumbai on 19…

IT Judgement

No addition could be made in case of unabated assessment under section 153A(1)(b) unless such assessment is based upon incriminating documents seized/impounded during the course of search

6 years ago

No addition could be made in case of unabated assessment under section 153A(1)(b) unless such assessment is based upon incriminating…

IT Judgement

Income from other sources-Fair market value of premium on share-Report of valuer under DCF method-Valuation done by valuer as per mandate of statute

No addition can be made under Section 68 of the Income Tax Act 1961.

Whether rectification/modification of the order of the Tribunal under section 254 Possible?

Cancellation of Registration u/s 12A of the Income Tax Act,1961

Whether the payment of provident fund and employees state insurance dues deposited by the Assessee within the grace period would qualify for deduction under Section 43B of the Income Tax Act, 1961?

Assessing Officer cannot, after conclusion of proceedings u/s 147, take aid of Explanation 3 to S. 147 to make any addition u/s 154.

Admissibility of deduction under section 10AA pursuant to conversion of business loss into positive income due to disallowance

Validity : AO had adjusted the loss of one eligible unit against the profits of the other eligible unit and allowed deduction under section 80-IC on the balance amount.

Tax deduction at source u/s 195 on payment to non-resident towards order procurement services rendered outside India

Partnership Firm : If Assessee failed to comply with notices issued u/s 142(1) then salary and interest paid to partners would not be allowable as deduction if assessment is carried out u/s 144

Assessing officer made an addition of deposits of Rs.83 lakhs to the income of assessee

Will must be Registered in case of Transfer of Property

Provisions of the Insolvency and Bankruptcy code would have an overriding effect over the provisions of Tea Act ,1953.

GST : Charitable activities of Providing service of adoption of abandoned, orphaned or homeless children

Interesting case in favour of Assessee: Capital gains exemption under section 54F in case Assessee is a co-owner of second property

Application under section 7 or 9 of Insolvency and Bankruptcy code 2016 cannot be moved if more than three years have lapsed

Voluntary Transfer Pricing adjustment of international transaction

No addition could be made in case of unabated assessment under section 153A(1)(b) unless such assessment is based upon incriminating documents seized/impounded during the course of search

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