IT JudgementDetention & Release of goods if Petitioner already deposited tax and penalty6 years agoDetention & Release of goods if Petitioner already deposited tax and penalty IN THE GUJARAT HIGH COURT HARSHA DEVANI & BHARGAV…
Income TaxValidity of addition done by Income Tax Odficer only because shareholder could not be produced and he was a man of no means.6 years agoValidity of addition done by Income Tax Odficer only because shareholder could not be produced and he was a man…
Income TaxCBDT condones delay in filing of audit report by trust/institution for AYs 2016-17 & 2017-186 years agoCBDT condones delay in filing of audit report by trust/institution for AYs 2016-17 & 2017-18 total income, without giving effect…
IT JudgementNo exemption to charitable trust under section 11 if not registered under section 12AA.6 years agoNo exemption to charitable trust under section 11 if not registered under section 12AA. Overview : Where exemption under section…
Income TaxRegistration application u/s 12AA cannot be rejected by giving any vague reason6 years agoRegistration application u/s 12AA cannot be rejected by giving any vague reason Very often, the registration application u/s 12AA of…
Income TaxAbsence of dissolution clause in trust deed cannot be the basis for refusing registration to a trust6 years agoAbsence of dissolution clause in trust deed cannot be the basis for refusing registration to a trust There are lots…
Income TaxMere non- production of evidence of registration U/s. 12A/12AA cannot be the reason for denial of exemption u/s 116 years agoMere non- production of evidence of registration U/s. 12A/12AA cannot be the reason for denial of exemption u/s 11 Rotary…
Income TaxIRREVOCABLE CLAUSE IN THE TRUST DEED6 years agoIRREVOCABLE CLAUSE IN THE TRUST DEED Every trust applying for registration of trust u/s 12AA of the Income Tax Act…
IT JudgementIRREVOCABLE CLAUSE IN THE TRUST DEED6 years agoIRREVOCABLE CLAUSE IN THE TRUST DEED Every trust applying for registration of trust u/s 12AA of the Income Tax Act…
IT JudgementGST : Validity of seizure on a hyper technical basis and where the breach is purely technical and there is no allegation of intention to evade tax6 years agoGST : Validity of seizure on a hyper technical basis and where the breach is purely technical and there is…
IT JudgementValidation of revision under section 263 in respect of assessment order which is bad in law6 years agoValidation of revision under section 263 in respect of assessment order which is bad in law Overview : ssessment order…
IT JudgementPayment of bonus to director cum shareholder disallowance ? Is it not in the nature of dividend ?6 years agoPayment of bonus to director cum shareholder disallowance ? Is it not in the nature of dividend ? Overview :…
Income TaxTDS under section 194C & payment made to truck owner without deducting TDS6 years agoTDS under section 194C & payment made to truck owner without deducting TDS Overview : Where truck driver had only…
IT JudgementValidity of disallowance of trading loss on sale of old stock6 years agoValidity of disallowance of trading loss on sale of old stock Overview : When the stock sold was very old,…
IT JudgementLandmark Judgement : Credit on input materials/services used for construction of shopping malls is available against CGST/OGST payable on rent – Orissa HC6 years agoLandmark Judgement : Credit on input materials/services used for construction of shopping malls is available against CGST/OGST payable on rent…
IT JudgementCapital gain exemption not restricted to construction expenditure which is incurred after the sale of original asset. Even amount paid towards structure purchased is eligible for exemption.6 years agoCapital gain exemption not restricted to construction expenditure which is incurred after the sale of original asset. Even amount paid…
Latest UpdatePurchase and sale of property exceeding Rs. 1 Cr to be on hit list6 years agoPurchase and sale of property exceeding Rs. 1 Cr to be on hit list
IT JudgementLatest UpdateCBDT Proposes to amend Trust Audit Report in Form No. 10B6 years agoCBDT Proposes to amend Trust Audit Report in Form No. 10B CBDT Proposes to amend Trust Audit Report in Form…