Factors Leading to Corporate Frauds and the Measures Taken by the Government...
Factors Leading to Corporate Frauds and the Measures Taken by the Government to Check them
View ArticleIncome Tax - Amount paid to the Registrar of Companies, as filing fee for...
Income Tax - Amount paid to the Registrar of Companies, as filing fee for enhancement of capital was not revenue expenditure - Tri....................
View ArticleIncome Tax - Cancellation of registration provided u/s 12AA of the IT Act, as...
Income Tax - Cancellation of registration provided u/s 12AA of the IT Act, as a charitable institution CIT did not give any such finding that the assessee s activities are not genuine or are not being...
View ArticleIncome Tax - Bogus purchase - AO has not issued the letters u/s. 133(6) on...
Income Tax - Bogus purchase - AO has not issued the letters u/s. 133(6) on the correct address supplied by the assessee. Therefore, no fault could be found with the explanation of the assessee. - No...
View ArticleIncome Tax - Addition on account of bogus sale - accommodation entries -...
Income Tax - Addition on account of bogus sale - accommodation entries - Assessee has failed to produce any credible evidence to establish that cash sales were effected of brass scrap. The surrounding...
View ArticleIncome Tax - Penalty u/s 271AAA - Immunity - Penalty where search has been...
Income Tax - Penalty u/s 271AAA - Immunity - Penalty where search has been initiated - Once a time limit for payment of tax and interest has not been set out by the statute, it cannot indeed be open to...
View ArticleIncome Tax - TPO has imputed a very large T.P. adjustment in respect of and...
Income Tax - TPO has imputed a very large T.P. adjustment in respect of and expenses on the basis that the said expenses incurred by the assessee year after year since 1982 have resulted in a...
View ArticleIncome Tax - Land sold is agricultural land or it is to be treated as a...
Income Tax - 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 Even if no agricultural production was done by the assessee on this land,...
View ArticleIncome Tax - Deduction u/s 80IB - Two approvals one as commercial and one as...
Income Tax - Deduction u/s 80IB - Two approvals one as commercial and one as housing - There is no definition of housing project in the provisions and there can be more than one approval for the...
View ArticleIncome Tax - TDS u/s 194I of the Income Tax Act - Lease premium - lumpsum...
Income Tax - TDS u/s 194I of the Income Tax Act - Lease premium - lumpsum payment - assessee has capitalized the lease premium in its books of accounts and treated the same as capital expenditure for...
View ArticleIncome Tax - Failure to obtain PAN and Quote PAN of deductees as provided u/s...
Income Tax - Failure to obtain PAN and Quote PAN of deductees as provided u/s 139-A(5B) - TDS returns / certificates - Penalty u/s 272B - Relied u/s 273B - There is no revenue loss and mere technical...
View ArticleFEMA - Entitlement for Cross Examination it was not possible to lay down any...
FEMA - Entitlement for Cross Examination it was not possible to lay down any rigid rules as to when in compliance of principles of natural justice opportunity to cross-examine should be given - In the...
View ArticleCustoms - Valuation of imported goods - If the cost of technical know-how...
Customs - Valuation of imported goods - If the cost of technical know-how payment of royalty had no nexus with the working of the imported goods then such payment was not includable in the price of the...
View ArticleCustoms - Validity of Confiscation order - Goods are prima facie eligible for...
Customs - Validity of Confiscation order - Goods are prima facie eligible for benefit of Notification No.1/2011-Cus Extending the notification and acknowledges the fact that the goods are needed for...
View ArticleService Tax - Sponsorship whether liable for service tax or not - sponsorship...
Service Tax - Sponsorship whether liable for service tax or not - sponsorship of the IPL matches - Fundamental premises of the adjudication authority are misconceived and unsustainable - legislature...
View ArticleCustoms - Short Landing of Goods - The petitioner as a steamer agent files an...
Customs - Short Landing of Goods - The petitioner as a steamer agent files an Import General Manifest and represents before the customs authorities as an agent of the shipper and conducts all affairs...
View ArticleService Tax - Manufacture or Business Auxiliary Service - multi piece...
Service Tax - Manufacture or Business Auxiliary Service - multi piece packaging - The definition covers not only packing but also re-packing - multi-piece packaging is done on the soaps already packed...
View ArticleService Tax - Input Service Credit Mandap Keeper Service - the annual day...
Service Tax - Input Service Credit Mandap Keeper Service - the annual day function of the appellant company is an integral part of the business activity - credit allowed - Tri....................
View ArticleService Tax - Manner of Service of Notice - Sending show-cause notice through...
Service Tax - Manner of Service of Notice - Sending show-cause notice through courier was not an approved mode of service envisaged under Section 37C of the Central Excise Act, 1944 read with Section...
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