Corporate Laws - Case Law - Mrs. Aparna A. Shah Versus M/s Sheth Developers...
Scope of section 141 of NI Act whether the officers of the company could be held vicariously liable for the criminal liability u/s 138 on account of dishonor of cheque - Held that - U/S 138 only the...
View ArticleCustoms - Case Law - IN RE PIONEER IMPEX 2013 (7) TMI 719 - GOVERNMENT OF INDIA
Amendment in name in Import General Manifest (IGM) - An unaccompanied baggage was booked he did not come for delivery summons were issued but no response was received and goods were seized under the...
View ArticleCustoms - Case Law - M/s Oracle India Pvt. Ltd. VERSUS UNION OF INDIA, NEW...
Validity of notice - recovery - circular dated 1.1.2013 - refund of amount with interest encaching bank guarantees - Assessee filed a petition for quashing of notices dated 21.05.2013 issued by...
View ArticleCustoms - Case Law - Abdulla Gani and another Versus Union of India and...
Interest on pre- deposit - whether interest can in law be directed to be paid on a delayed refund of a pre deposit made before the CESTAT during the pendency of an appeal Held that - Court directed the...
View ArticleCustoms - Case Law - Jaspal Walia, Mohinder Singh Walia Versus UOI 2013 (7)...
Validity of order - Confiscation of goods panelty u/s 111 - show cause notices were issued and adjudication orders were passed holding that the petitioners had smuggled gold into India which was liable...
View ArticleIncome Tax - Case Law - Shri D. B. Waswani Versus ITO 12(3)(2), Mumbai 2013...
Allowable deductions under Section 23 24 of Income Tax Act,1961 in computing Income from House Property Held that - Relying upon the decision of Kolkata High Court in the case of CIT Vs Sreelekha...
View ArticleIncome Tax - Case Law - Income Tax Officer 1(1) (2) Versus M/s. Crystal Beach...
Deduction of cost of improvement of land from the Capital Gains - The assessee purchased land at VGP Golden Beach South Part VIII, a Tambaram, Dist., Kancheepuram, Tamilnadu admeasuring about 80400...
View ArticleIncome Tax - Case Law - Deputy Director of Income-tax (IT) - 4(1) Versus...
Amount received from the Assessee to be treated as Royalty under Article 12 of the DTAA Held that - The crucial words used in para 4 of the Article 12 of the DTAA are, the consideration for the use of...
View ArticleIncome Tax - Case Law - M/s Crompton Greaves Ltd. Versus The Asst....
Deduction under section 35D of IT Act Held that - The claim was rejected by relying on the judgment of the Hon ble Delhi High Court in the case of Hindustan Insecticides Ltd. 2001 (2) TMI 75 - DELHI...
View ArticleIncome Tax - Case Law - M/s. Sri Devi Karumariamman Educational Trust Versus...
Charitable Trust having spent excess amount in the preceding assessment years has been wrongly rejected Whilst computing assessee s incomes from assessment year 1999-2000 to preceding assessment year...
View ArticleIncome Tax - Case Law - Dy. Commissioner of Income Tax (A. O.) Versus Suditi...
Exemption u/s 10(23C) - Whether the CIT(A) has erred in allowing exemption under section 10(23C) even when a number of other objects are included in it object clause and section 12A was not available...
View ArticleIncome Tax - Case Law - M/s. Exedy India Ltd. Versus The DCIT, Circle 1(1),...
Disallowance of the royalty on sales paid as capital expenditure - Held that - Payment towards royalty which was dependant on the quantum of the items manufactured was a revenue expenditure - the...
View ArticleIncome Tax - Case Law - M/s Tarannum Zaar Khan Versus ACIT, CC 43, Mumbai...
Whether the assessment framed is bad, illegal, void and without jurisdiction, as the necessary conditions for assuming jurisdiction and/or for initiating the assessment and/or for completion of the...
View ArticleIncome Tax - Case Law - Siel Ltd. Versus ACIT, Circle 8(1) New Delhi 2013 (7)...
Credit of Advance Corporation Tax, paid in United Kingdom on dividend paid to the assessee by UK companies - Article 11 1(2) of the DTAA. - the tribunal has dismissed the appeal of the assessee by...
View ArticleIncome Tax - Case Law - Panther Investrade Ltd. Versus ACIT, Central...
Existence of business activity - Whether assessee is having business activity or not pending cancellation of the license due to the orders of the suspension granted by SEBI in the interim period held...
View ArticleIncome Tax - Case Law - Commissioner of Income-tax Versus Reiter Inglostadt...
Interest u/s 234B - Order u/s 154 - Interest on non resident - Tribunal held that interest u/s 234B cannot be invoked by order u/s 154 - Held that - proceedings were taken under section 154 of the...
View ArticleIncome Tax - Case Law - M/s Ghuna Ram and Sons Versus Commissioner of Income...
Credit under Amnesty Scheme - CIT rejected to grant credit - Held that - . It was not disputed that in the proceedings relating to assessment year 1982-83 wherein the assessee had claimed Amnesty...
View ArticleIncome Tax - Case Law - Commissioner of Income-tax - IV Versus Shree Rama...
Disallowance u/s 35D - Public issue expenses - Tribunal set aside disallowance - Held that - When Tribunal has merely remanded the issue for further consideration of the Assessing Officer with...
View ArticleIncome Tax - Case Law - Pravinbhai Mohanbhai Kheni Versus Assistant...
Disallowance on account of of Forex Trading Loss - Tribunal confirmed disallowance - Held that - investment was made in the name of the firm. The amount invested was also from the account of the firm....
View ArticleIncome Tax - Case Law - Commissioner of Income-tax -I Versus Prathama...
Deduction u/s 80IB - Work contract - Tribunal granted deduction - Held that - assessee took the full risk of executing the housing project and thereby making profit or loss as the case may be. The...
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