Customs - Oil seeds and oleaginous fruits, miscellaneous grains, seeds and...
Customs - Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit industrial or medicinal plants straw and fodder - Customs - SECTION II -?xml namespace prefix o ns urn...
View ArticleAssessment u/s 153A The addition was made on estimated basis and on...
Income Tax - Dated - 12-12-2013 - Assessment u/s 153A The addition was made on estimated basis and on assumptions without referring to the specific information in the seized material or any other...
View ArticleCustoms - Preparations of meat, of fish or of crustaceans, molluscs or other...
Customs - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates - Customs - SECTION IV -?xml namespace prefix o ns urn schemas-microsoft-com office office ?- PREPARED...
View ArticleRestoration Trust Manackal Versus CIT., Kottayam - Income Tax - Case Laws
Restoration Trust Manackal Versus CIT., Kottayam - Income Tax - ITAT COCHIN - Tri - Rejection of application for registration u/s 12AA The object of the trusts is relief to the poor, education, medical...
View ArticleRejection of application for registration u/s 12AA Before deciding the...
Income Tax - Dated - 12-12-2013 - Rejection of application for registration u/s 12AA Before deciding the entitlement for registration as charitable institution, CIT should verify the source of funds...
View ArticleCustoms - Preparations of vegetables, fruit, nuts or other parts of plants -...
Customs - Preparations of vegetables, fruit, nuts or other parts of plants - Customs - SECTION IV -?xml namespace prefix o ns urn schemas-microsoft-com office office ?- PREPARED FOODSTUFFS BEVERAGES,...
View ArticleCustoms - Tobacco and manufactured tobacco substitutes - Customs - Tariff
Customs - Tobacco and manufactured tobacco substitutes - Customs - SECTION IV -?xml namespace prefix o ns urn schemas-microsoft-com office office ?- PREPARED FOODSTUFFS BEVERAGES, SPIRITS AND VINEGAR...
View ArticleThe first appellate authority has power to entertain a claim of deduction not...
Income Tax - Dated - 12-12-2013 - The first appellate authority has power to entertain a claim of deduction not made before the Assessing Officer - The appellant is eligible for deduction u/s 10A - Tri...
View ArticleLok Adalat Commences in Company Law Board
Lok Adalat Commences in Company Law Board - Dated - 12-12-2013 - To mitigate the hardship of small investors and to expedite disposal of cases pending before the Company Law Board the first ever Lok...
View ArticleThe Income Tax Officer Versus M/s. Device Driven (India) Pvt. Ltd. - Income...
The Income Tax Officer Versus M/s. Device Driven (India) Pvt. Ltd. - Income Tax - ITAT COCHIN - Tri - Deduction u/s 10A - Held that - The assessing officer could not entertain the claim made by the...
View ArticleSec. 43(5) has no application to FIIs in respect of securities as defined in...
Income Tax - Dated - 12-12-2013 - Sec. 43(5) has no application to FIIs in respect of securities as defined in Explanation to sec. 115AD, income from whose transfer is considered as short term or long...
View ArticleJCIT. (OSD), Circle-4, Kolkata Versus M/s. Tongani Tea Co. Ltd. - Income Tax...
JCIT. (OSD), Circle-4, Kolkata Versus M/s. Tongani Tea Co. Ltd. - Income Tax - ITAT KOLKATA - Tri - Cess on green leaf - Held that - Following CIT vs AFT Industries Ltd. 2004 (7) TMI 81 - CALCUTTA High...
View ArticleOn occasions when the company left with surplus business funds, which were...
Income Tax - Dated - 12-12-2013 - On occasions when the company left with surplus business funds, which were deployed in making short-term inter-corporate deposits and loans and advances - net of the...
View ArticleDy. Commissioner of Income Tax Versus M/s Shri Ram Chits Pvt. Ltd. - Income...
Dy. Commissioner of Income Tax Versus M/s Shri Ram Chits Pvt. Ltd. - Income Tax - ITAT HYDERABAD - Tri - Bad debts on running and terminated chit funds - Held that - Following assessee s own case for...
View ArticleChit funds - Taxability of foreman dividend - The assessee was a business...
Income Tax - Dated - 12-12-2013 - Chit funds - Taxability of foreman dividend - The assessee was a business concern and its aim was to make profits and, thus, the principles of mutuality could not be...
View ArticleCommissioner of Income Tax (Central) Versus Shri Neeraj Rastogi - Income Tax...
Commissioner of Income Tax (Central) Versus Shri Neeraj Rastogi - Income Tax - ALLAHABAD HIGH COURT - HC - Undisclosed investment - Held that - The A.O. and CIT(A) have taken the different methods for...
View ArticleCustoms - Ores, slag and ash - Customs - Tariff
Customs - Ores, slag and ash - Customs - SECTION V -?xml namespace prefix o ns urn schemas-microsoft-com office office ?- MINERAL PRODUCTS - NOTES 1. This Chapter does not cover (a) slag or similar...
View ArticleM/s. PK. Ramasamy Nadar Bros. Versus The Income Tax Officer - Income Tax -...
M/s. PK. Ramasamy Nadar Bros. Versus The Income Tax Officer - Income Tax - MADRAS HIGH COURT - HC - Cash payment to lorry driver - disallowance u/s 43A(3) - Held that - There is hardly any material to...
View ArticleCash payment to lorry driver - assessee s only claim before the authorities...
Income Tax - Dated - 12-12-2013 - Cash payment to lorry driver - assessee s only claim before the authorities was that the driver acted in dual capacity, for which there is no evidence - disallowance...
View ArticleAjmera Associates Limited. Versus Dy. Commissioner of Income Tax - Income Tax...
Ajmera Associates Limited. Versus Dy. Commissioner of Income Tax - Income Tax - BOMBAY HIGH COURT - HC - Stay of demand - Held that - It is open to the petitioner to appear before the Deputy...
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