Central Excise - Case Law - Swadeshi Polytex Limited Versus Union of India...
Section 11BB of the Central Excise Act,1944 -Date from which the Revenue is liable to pay interest on delayed refund of excise duty - Is it from expiry of three months from the date of application for...
View ArticleCustoms - Case Law - IN RE AARTI INDUSTRIES LTD. 2013 (7) TMI 838 -...
Duty drawback - department contended that allowing rebate of duty when drawback of Customs portion was availed will amount to double benefit was not valid Held that - Commissioner (Appeals) had given...
View ArticleCustoms - Case Law - NARCOTICS CONTROL BUREAU VERSUS SAJESH SHARMA 2013 (7)...
Inherent power of court u/s 482 Cr.PC - Petitioner Narcotics Control Bureau (NCB) invokes inherent powers of the Court u/s 482 of the CrPC for setting aside of the order passed by the learned Special...
View ArticleCustoms - Case Law - The Commissioner of Customs Custom House Versus M/s....
Import of restricted goods without a licence - Waste pneumatic tyres - Pollution Control Board to determined goods to be not hazardous - Tribunal referring the report of Pollution Board ordered release...
View ArticleCustoms - Case Law - M/s. Shakun Overseas Limited, M/s. Siddharth...
Interest on delayed refund - Whether the respondents were liable to pay interest on delayed refund of duty erroneously collected and became refundable in pursuant to order made prior to the amendment...
View ArticleIncome Tax - Case Law - ITO, Ward-2(2), Surat. Versus Shri Laxminarayan Soni...
Undisclosed income - Block assessment - CIT(A) deleted the addition - Held that - If the assessee proves that the alleged income is duly recorded on or before the date of search in the normal course in...
View ArticleIncome Tax - Case Law - Agilent Technologies International Private Limited...
Transfer pricing adjustment - adjustment in the arm s length price of the international transactions related to contract - IT-enabled service contract software developments services entered into by the...
View ArticleIncome Tax - Case Law - Sh. Mithilesh Kumar Tripathi C/o M/s RR Taxindia and...
Unexplained cash credit on account of sale of shares - Addition u/s 68 - CIT(A) allowed part relief - Held that - The issue involved in deletion of addition on account of sale of shares of M/s MP...
View ArticleIncome Tax - Case Law - M/s Neeraj Containers Closures C/o M/s Jindal Company...
Addition on account of capital gain - AO has made the addition by invoking the provision of section 50C - Held that - As assessee has submitted that AO should have referred the matter to the DVO in...
View ArticleIncome Tax - Case Law - Shri Arun Kumar Gupta Versus Asstt. Commissioner of...
Disallowance of commission paid - CIT(A) confirmed additions - Held that - CIT(A) has not followed the principles of natural justice because he has not provided due opportunity of cross- examination of...
View ArticleIncome Tax - Case Law - Shirish C. Parikh Versus Income-tax Officer 2013 (7)...
Reopening of assessment u/s 147 - issuance of notice beyond 4 years - Held that - the original assessment came to be framed u/s 143(3) the assessment is sought to be reopened after the expiry of a...
View ArticleIncome Tax - Case Law - B. Damodar Vaman Baliga Jewellers Versus Joint...
Penalty u/s 271(1) - Whether the Tribunal was justified in confirming the levy of penalty in the absence of recording of satisfaction within the meaning of section 271(1)(c) before initiation of the...
View ArticleIncome Tax - Case Law - Pai Vinod Versus Deputy Commissioner of Income-tax...
Block assessment - Limitation period of notice u/s 143(2) for the purpose of assessment u/s 158BC - whether service of notice on the assessee u/s 143(2) within the prescribed period of time is a...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax I Versus Jayaben Ratilal...
Addition u/s 153A - Tribunal deleted addition made by A.O. due to lack of evidence - Held that - on the basis of search carried out in the premises of the son of the assessee and diary seized and on...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax- 1 Versus Neo Structo...
Business expenditure u/s 37(1) - Encashment of bank guarantee - compensation for non performance - whether in the nature of penalty - Held that - ONGC encashed the bank guarantee, which was furnished...
View ArticleIncome Tax - Case Law - M/s Ghuna Ram Mohan Lal Versus Commissioner of Income...
Credit under Amnesty Scheme of 1985 - 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...
View ArticleIncome Tax - Case Law - The Commissioner Of Income Tax Versus M/S K. M. Sugar...
Deduction u/s 37(1) - Nature of payment - Whether shaman shulk paid to Excise Department is penal in nature - Held that - By way of settlement or compromise entered into with the department to be...
View ArticleIncome Tax - Case Law - Commissioner of Income Tax X Versus R. Selvaraj 2013...
Validity of reassessment - Declaration filed under VDIS 1997 - CIT held that full disclosure not done therefore reassessment necessary - Tribunal held that A.O. not applied mind independently...
View ArticleIncome Tax - Case Law - CIT Versus Ajay Kapoor 2013 (7) TMI 855 - DELHI HIGH...
Unaccounted sales - A.O. adopted G.P. rate of 53.76 - Tribunal deleted addition made by A.O. and adopted G.P. rate of 2.25 - Held that - GP rate of the recorded transactions of various years was a fair...
View ArticleIncome Tax - Case Law - Mahindra BT Investment Co. (Mauritius) Ltd. Versus...
Jurisdiction of Authority for Advance Ruling - Refusal to give ruling on final hearing - Whether there was any contravention of SEBI guidelines - Held that - Authority has proceeded to refuse to give a...
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