Income Tax - Case Law - M s Deccan Chronicle Holdings Ltd Versus The Addl CIT...
Expenses for issue of shares to Qualified Institutional Buyers Disallowance u s 35D Held that Assessee has not complied with any one of the conditions laid down under section 35D No merit in the...
View ArticleIncome Tax - Case Law - Commissioner of Income tax II Versus E S Rajshekharan...
Monetary limit for filing appeal by revenue Exception to CBDT circular CBDT in its circular has issued revised instructions for limiting tax appeals involving low tax effect it is provided that no...
View ArticleIncome Tax - Case Law - Lamina Suspension Products Ltd Versus Assistant...
Assessment u s 115JA MAT Levy of interest u s 234B and 234C on retrospective levy of tax Held that The liability to pay interest would only arise on default and it is in the nature of a quasi...
View ArticleIncome Tax - Case Law - Commissioner of Income tax Central Circle Versus...
Depreciation on goodwill business or commercial rights acquired ITAT allowed the depreciaion Held that goodwill is an asset under Explanation 3 b to section 32 1 Therefore the depreciation is leviable...
View ArticleIncome Tax - Case Law - Assistant Commissioner of Income tax Circle 1...
Whether subject property belongs to the joint family or to the karta in his individual capacity Tribunal holding that the property belongs to the joint family and not to the karta in his individual...
View ArticleIncome Tax - Case Law - Commissioner of Income tax Central Circle Versus D L...
Assessment of income Whether subject property is property belonging to the Hindu Undivided Family or belonging to its members as individual property Held that property originally belonged to Hindu...
View ArticleIncome Tax - Case Law - Yojaka Marine Pvt Ltd Versus Assistant Commissioner...
Exemption u s 80 IA Nature of the contract construction of permanent bank protection measures to the Udyog Mandal canal and the Champakara canal and maintaining the same for a period of three years...
View ArticleIncome Tax - Case Law - Commissioner of Income tax I Versus Jyoti Ltd 2013 7...
Penalty u s 271 1 c concealment of income Held that Assessing Officer in the order of penalty also did not come to a clear finding regarding penalty being imposed on concealment of income or on...
View ArticleIncome Tax - Case Law - NEESA LEISURE LTD VERSUS DEPUTY COMMISSIONER OF...
Special Audit u s 142 2A Personal appearance whether requirement of hearing envisaged under Section 142 2A includes personal hearing Held that it is required for the Assessing Officer to give a...
View ArticleIncome Tax - Case Law - Commissioner of Income tax Versus Meghalaya Steels...
Deduction u s 80IB and 80IC Transport subsidy Held that transportation of the raw materials as well as transportation of the finished goods does go to reduce the cost of production of an industrial...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax I Lucknow Versus M s U P...
Writing off bad debts AO add the same on the grounds that these debts were to be written off in the Financial Year 2004 05 relevant to the Assessment Year 2005 06 as the decision with regard to the...
View ArticleMisc - Case Law - CHIEF COMMISSIONER OF INCOME TAX VERSUS THE CHIEF SECRETARY...
Extension of time Repair work not completed construction of a world class Museum Held that State Government would not chase the applicant nor would forcibly evict him from his present residence at 6...
View ArticleService Tax - Case Law - M s VODAFONE ESSAR CELLULAR LTD VERSUS CCE PUNE III...
Export of services the appellant rendered the telecom service of international roaming Held that The activity constitutes export service service is rendered to the foreign telecom service provider who...
View ArticleService Tax - Case Law - M s BIRD TRAVELS P LTD VERSUS COMMISSIONER OF...
Air travel agent business auxiliary service Section 65 105 zzb r w Section 65 19 appellant provided service of issuing air tickets and receives commission service tax paid on commission main issue is...
View ArticleService Tax - Case Law - M s PANIPAT THERMAL POWER STATION VERSUS...
Business support services appellant was installing the machinery for evacuation of cement and the storage silos for its storage service tax demanded as administrative charge Held that The activity of...
View ArticleService Tax - Case Law - M s KANCHAN INTERNATIONAL LTD VERSUS COMMISSIONER OF...
Penalty revenue neutral the appellant is manufacturing the final products on which excise duty liability is discharged Held that d the entire amount of service tax liability with interest after the...
View ArticleService Tax - Case Law - BHARTI AIRTEL LTD VERSUS COMMISSIONER OF SERVICE TAX...
Taxability of free services free telephone mobile services to the employees and elective relatives of such employees the eligible employees were treated as regular post paid customers Service provided...
View ArticleVAT and Sales Tax - Case Law - M s National Small Industries Corporation...
Transfer of goods under hire purchase whether be included in the definition of sale Time of passing of property and place of delivery whether the issue of time of passing of property and place of...
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