Customs - Case Law - CARAVEL LOGISTICS PVT. LTD. Versus JOINT SECRETARY (RA)...
Short Landing of Goods - Interpretation of Provisions Penalty u/s 116 - The issue involved was the interpretation of the relevant provisions of the Act as argued by the petitioner - In the case of...
View ArticleFEMA - Case Law - Shahid Balwa, Vinod Goenka Versus The Directorate of...
Entitlement for Cross Examination In the complaint that had been filed, the statements of three witnesses had been extensively relied upon - the application was filed by the appellants for seeking...
View ArticleIncome Tax - Case Law - ADIT (IT) 2(1) Versus M/s Simatech Shipping...
Benefit of DTAA between India and UAE - whether time charter and hiring of slots fell within the Article 8 of the Treaty or not. - CIT granted benefit - Held that - a tax treaty not only prevents...
View ArticleIncome Tax - Case Law - Income Tax Officer-(TDS)-2(1) Versus M/s Jet Airways...
TDS u/s 194H - Impugned retention by banks/credit card agencies - Held that - banks make payments to the assessee after deducting certain fees as per the terms and conditions in the credit card and it...
View ArticleIncome Tax - Case Law - The Assistant / Deputy Commissioner of Income Tax...
Deduction u/s 80IC - Manufacturing activity - CIT allowed deduction - Held that - The assessee has detailed the procedure followed to bring into existence the final product. The process being carried...
View ArticleIncome Tax - Case Law - M/s Ashoka Infrastructure Ltd. Versus Income Tax...
Depreciation on intangible asset - CIT refused to grant depreciation - Held that - The Right to collect the Toll is emerging as a result of the costs incurred by the assessee on development,...
View ArticleIncome Tax - Case Law - M/s. Minda Acoustic Ltd. (Formerly known as Minda...
Disallowance of fee paid to the Registrar of Companies - Amortization u/s. 35D - CIT upheld disallowance - Held that - Fee paid to the Registrar for expansion of the capital base of the company -...
View ArticleIncome Tax - Case Law - Mathura Vrindavan Development Authority Versus...
Cancellation of registration provided u/s 12AA of the IT Act, as a charitable institution Held that - As per para 19 of the order of ITAT in the case of Agra Development Authority 2013 (8) TMI 549 -...
View ArticleIncome Tax - Case Law - A. C. I. T., Circle-1 Versus Shri Manohar Lal Bhawani...
Bogus purchase - AO letters u/s. 133(6) have been sent to various parties on the address made available with the assessee. Out of total such letters, 32 have been received back un-served. - Held that -...
View ArticleIncome Tax - Case Law - SHRI APOORV GUPTA VERSUS INCOME TAX OFFICER WARD-28...
Addition on account of bogus sale of amount Rs.20,58,255/- - Assessee had made claim that the scrap of 18,970 kgs. was sold for Rs.20,58,245/- in cash - This scrap was stated to have been purchased...
View ArticleIncome Tax - Case Law - Asstt. Commr. of Income Tax, Central Circle,...
Penalty u/s 271AAA of the Income Tax Act - Immunity - Penalty where search has been initiated - Penalty has been imposed only because of alleged non compliance with the provisions of section...
View ArticleIncome Tax - Case Law - Maruti Suzuki India Ltd. Versus Additional...
Transfer pricing adjustment on account of royalty for brand name Rs. 981,406,624/- - Assessee in this case is a license manufacturer of cars in India of its Associated Enterprise SMC - In terms of the...
View ArticleIncome Tax - Case Law - Deputy Commissioner of Income Tax Versus Ms....
Land sold is agricultural land or it is to be treated as a capital asset in the terms of section 2(14) of the Act Held that - If a land is situated within 8 kms of the municipal limits of a city even...
View ArticleIncome Tax - Case Law - M/s. Kamdhenu Builders Developers Versus ADDL CIT...
Deduction u/s 80IB of the Income Tax Act - Assessee-firm had constructed buildings A, B, C and D on a plot admeasuring 2.36 acres - Plot was proportionately divided between five buildings, the land...
View ArticleIncome Tax - Case Law - AFL Private Limited Versus Asst. CIT, Central Circle...
Disallowance u/s 14 A of the Income Tax Act Held that - Initial onus to make a claim in respect of the expenditure incurred in relation to the income that does not form part of the total income, is on...
View ArticleIncome Tax - Case Law - Income Tax Officer-(TDS), (OSD) Versus M/s Navi...
TDS u/s 194I of the Income Tax Act - Lease premium - assessee has capitalized the lease premium in its books of accounts and treated the same as capital expenditure for tax purposes - Assessee in...
View ArticleIncome Tax - Case Law - The Commissioner of Income Tax And Another Versus M/S...
Failure to obtain PAN and Qutore PAN of deductees as provided u/s 139-A(5B) - TDS returns / certificates - Penalty u/s 272B - Relied u/s 273B - reasonable cause - Respondent-assessee has not mentioned...
View ArticleService Tax - Case Law - DESHMUKH SERVICES VERSUS COMMISSIONER OF CENTRAL...
Manufacture or Business Auxiliary Service - multi piece packaging - Whether the activity undertook by the appellant amounts to manufacture or business auxiliary services - appellant undertakes...
View ArticleService Tax - Case Law - ENDURANCE TECHNOLOGIES PVT LTD VERSUS COMMISSIONER...
Input Service Credit appellant was disallowed by the department to take input service credit department s reasoning was that the service does not have nexus with the manufacturing activity of the...
View ArticleService Tax - Case Law - D A ENTERPRISES VERSUS COMMISSIONER OF CENTRAL,...
Condonation of delay - Held that - delay is that due to an accidental fall from the motorbike, on account of which the appellant sustained injuries. Considering the reasons stated as satisfactory, we...
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