July 2017 - Page 4 of 7 - taxcaselaw.com

Gujarat H.C : Where income on which tax has been deducted at source is assessable in hands of a person other than deductee, credit can be given to such other person provided three conditions contained in rule 37BA(2) are satisfied

Avijit Das / July 18, 2017

High Court Of Gujarat Naresh Bhavani Shah (HUF) v. CIT Section 199 Assessment year 2012-13 Akil Kureshi And Biren Vaishnav, […]

GST Caselaws

CESTAT-Chandigarh : Where assessee was engaged in manufacture of ‘Sections, Channels and Angles of iron and steel’ and while manufacturing said products it gave specified shape to flats/bars used as raw material and also cutting them into required length for use as fabrication of shutters, products classifiable under Heading No. 7216 20

Avijit Das / July 17, 2017

CESTAT, Chandigarh Bench Ispat Profiles, Mandi Chandigarh vs. Commissioner of Central Excise, Chandigarh Ashok Jindal, Judicial Member And Devender Singh,

GST Caselaws, Section 15, Section 4

CESTAT- Chennai : When design and drawings are intrinsically tied to emergence of final product and without which intended goods cannot be conceived or manufactured, intrinsic value of such design and drawing charges has to be added for purpose of determining assessable value of goods

Avijit Das / July 14, 2017

CESTAT Chennai Bench Larsen And Toubro Ltd. vs. Commissioner of Central Excise, Chennai-IV SectionÂ 15, 4 Sulekha Beevi Cs, Judicial

Section 4

S.C : Where Income-tax Authorities found that assessee had leased out his property to his own family members to show lesser income in his hand, Assessing Authorities could have taxed said income in hands of assessee

Avijit Das / July 14, 2017

Supreme Court Of India Maneklal Agarwal vs. DCIT Section 4 A.K. Sikri And Ashok Bhushan, JJ. Civil Appeal Nos. 9315

Section 80G

Rajasthan H.C : The Tribunal was justified in law in directing to grant approval u/s.80G(5) to the respondent despite the fact that the trust does not fulfill the conditions u/s.80G(5)(i) of the Act

Avijit Das / July 13, 2017

High Court Of Rajasthan CIT vs. Maharaja Sawai Man Singh-II, Museum Trust Section 80G(5)(vi) K.S. Jhaveri & Inderjeet Singh, JJ.

Sec. 206A

Allahabad H.C : Whether on the facts and circumstances of the case Income Tax Appellate Tribunal was justified in applying the time limit of 6 months provided in section 12AA

Avijit Das / July 13, 2017

High Court Of Allahabad CIT vs. Awadh Bihari Shri Ram Lok Vikas Sansthan Section 260-A Asst. Year 2008-09 Sudhir Agarwal

Sec. 143(1), Sec. 139(1), Section 147, Section 148

Delhi H.C : DCIT, Circle 16(2) [hereinafter referred to as the Assessing Officer (AO)] as well as the order dated 21st March, 2016 rejecting the objections filed by the Petitioner.

Avijit Das / July 13, 2017

High Court Of Delhi Mastech Technologies Pvt. Ltd. vs. DCIT S. Muralidhar & Prathiba M. Singh, JJ. Section 143(1), 139(1),

Section 80-IC, Section 147

Himachal Pradesh H.C : Activities of call centre didn’t require Excise registration to became eligible for claiming sec. 80-IC relief

Avijit Das / July 13, 2017

High Court Of Himachal Pradesh Altruist Technologies (P.) Ltd. vs. DCIT. Section 80-IC, 147 Assessment year 2010-11 Sanjay Karol, ACTG.

Section 69, Section 245

Delhi H.C : Where revenue failed to establish any linkage between material seized from assessee’s premises and those from premises of UPDA in respect of illegal payments made to various officials and politicians, no addition could be made to assessee’s income in respect of payments so made

Avijit Das / July 13, 2017

High Court Of Delhi CIT, Central-III vs. Radico Khaitan Ltd. Section : 69A, 245 Block period 2000-01 to 2006-07 Ravindra

Section 56

Delhi H.C : Where letting of building together with fixtures, furnitures etc. was a composite one, rental income was to be assessed as income from other sources

Avijit Das / July 13, 2017

High Court Of Delhi Jay Metal Industries (P.) Ltd. vs. CIT-V Section 56 Assessment year 2009-10 Dr. S. Muralidhar And