Income Tax - Disallowance of partners salary from undisclosed income -...
Income Tax - Disallowance of partners salary from undisclosed income - deduction allowed - Tri....................
View ArticleIncome Tax - Disallowance of service tax u/s 43B - as per the law prevailing...
Income Tax - Disallowance of service tax u/s 43B - as per the law prevailing during the previous year, the liability to pay the same arises only on receipt basis - since the liability to pay service...
View ArticleIncome Tax - Principle of consistency in Transfer Pricing adjustment - The...
Income Tax - Principle of consistency in Transfer Pricing adjustment - The material available with the TPO in the current year is vastly different to the material available with the TPO in the earlier...
View ArticleIncome Tax - Charitable purpose u/s 2(15) - livestock - whether selling of...
Income Tax - Charitable purpose u/s 2(15) - livestock - whether selling of milk of cows for maintenance of goshala satisfies the condition of charitable purpose - Held yes - CIT directed to grant...
View ArticleIncome Tax - Applicability of section 194J on the professional fee part of...
Income Tax - Applicability of section 194J on the professional fee part of the composite bill paid to the hospitals - AO directed to bifurcate the payments to the hospitals into various elements and...
View ArticleIncome Tax - Assessment after search u/s 153C - Even if the AO of the person...
Income Tax - Assessment after search u/s 153C - Even if the AO of the person searched and the AO of such other person is the same, he has to first record the satisfaction in the file of the person...
View ArticleIncome Tax - Notice u/s 148 - Merely furnishing details or disclosing that...
Income Tax - Notice u/s 148 - Merely furnishing details or disclosing that the five companies had entered into some transactions itself would not meet the requirement of full and true disclosure. - the...
View ArticleIncome Tax - Disallowance u/s 40A(3) - Payment in cash in excess of Rs....
Income Tax - Disallowance u/s 40A(3) - Payment in cash in excess of Rs. 20,0000 - exception under rule 6DD - purchase of marble chips and alluminium product cannot be said to be an emergency purchase...
View ArticleIncome Tax - Penalty u/s 271(1)(b) - Default by assessee - mens rea is not an...
Income Tax - Penalty u/s 271(1)(b) - Default by assessee - mens rea is not an essential element for imposing penalty for non compliance of notices issued by AO - penalty confirmed -...
View ArticleIncome Tax - Long Term Capital Gain u/s 45 - transfer u/s 2(47) - scope of...
Income Tax - Long Term Capital Gain u/s 45 - transfer u/s 2(47) - scope of the terms, accrual or arise - vacant land - the Society has entered into JDA on behalf of the Members under GPA - capital gain...
View ArticleIncome Tax - LTCG u/s 45 - taxability on accrual basis - date of receipt of...
Income Tax - LTCG u/s 45 - taxability on accrual basis - date of receipt of money is not certain - difficulty in claiming exemption u/s 54 or 54EC - some genuine cases the difficulties may arise but it...
View ArticleIncome Tax - DTAA - PE - The business income from P.E. in Oman and Qatar and...
Income Tax - DTAA - PE - The business income from P.E. in Oman and Qatar and also the capital gain from sale of assets in these countries will be included in the total income of the assessee in India...
View ArticleCompanies Law - Arbitration clause - that if the contract was superseded by...
Companies Law - Arbitration clause - that if the contract was superseded by another, the arbitration clause, being a component part of the earlier contract, falls with it - But where the dispute was...
View ArticleVAT and Sales Tax - Inter-State OR Intra-State Purchases - genuineness of the...
VAT and Sales Tax - Inter-State OR Intra-State Purchases - genuineness of the bills from the dealers of Gujarat - purchase of gwar - The Tax Board had committed a manifest error of law in concluding...
View ArticleWealth-tax - Section 18B empowered the Commissioner of Wealth Tax to...
Wealth-tax - Section 18B empowered the Commissioner of Wealth Tax to entertain an application for reducing/waiver of penalty in accordance with factors detailed in Section 18B and required the...
View ArticleCustoms - Appeal of order - The order in respect of provisional release of...
Customs - Appeal of order - The order in respect of provisional release of the goods was an interim order pending order of the adjudicating authority and the appeal was not maintainable before the...
View ArticleCustoms - Detention under COFEPOSA - Fair Chance of Representation - The...
Customs - Detention under COFEPOSA - Fair Chance of Representation - The issue of breach of natural justice was an after thought particularly so in views of the fact that the appellant took up this...
View ArticleService Tax - Event Management services - Service was provided to Unicef has...
Service Tax - Event Management services - Service was provided to Unicef has led to a bona fide belief on the part of the assessee to entertain a view that no further service tax is required to be paid...
View ArticleService Tax - Refund on Invoices issued - Whether the appellant is eligible...
Service Tax - Refund on Invoices issued - Whether the appellant is eligible for the refund when invoices issued by Courier do not show IEC No. of service receiver which is a requirement in the...
View ArticleService Tax - Cargo Handling services - coal handling system - here a...
Service Tax - Cargo Handling services - coal handling system - here a conflict of decisions among High Courts does not relate to interpretation of statutory provisions or a notification (and not vires...
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