Skip to content

taxcaselaw.com

My account

Cart
Checkout
My account
Shop

taxcaselaw.com

Cart
Checkout
My account
Shop

360 ITR

Sec. 132B, Section 244

S.C : Where amount retained under section 132 exceeds amounts required to meet liability under section 132B(1)(i), revenue is liable to pay simple interest at rate of fifteen per cent on expiry of six months from date of order passed under section 132(5) to date of regular assessment or re-assessment, as the case may be

Avijit Das / November 26, 2013

Supreme Court Of India Chironjilal Sharma (HUF) VS. Union Of India Section : 132B, 244 R.M. Lodha, Madan B. Lokur […]

Delhi H.C : Where assessee sold a property and within three years from sale completed new construction on a plot earlier purchased after demolishing existing structure thereon, assessee was entitled to exemption under section 54F

Avijit Das / November 22, 2013

High Court Of Delhi CIT-V VS. Ashok Kumar Ralhan Section : 54F Sanjiv Khanna And Sanjeev Sachdeva, Jj. IT Appeal

Sec. 28(i), Section 56

Delhi H.C : Management and advisory fee received by assessee engaged in dealing in shares, investments, loan, finance and related activities, is business income of assessee, irrespective of fact as to whether assessee has not substantiated sum incurred to earn same

Avijit Das / November 21, 2013

High Court Of Delhi CIT, Delhi â€“VIIIÂ VS. Ashok Mittal Assessment Year : 2000-01 Section : 28(i), 56 Sanjiv Khanna And

Delhi H.C : Solitary transaction of purchase and sale of shares in which assessee incurred loss due to fall in value of share, did not constitute assessee’s business and loss could be set off against assessee’s profit from other businesses

Avijit Das / November 20, 2013

High Court Of Delhi CIT VS. Orient Instrument (P.) Ltd. Assessment Year : 1991-92 Section : 73 S. Ravindra Bhat

Rajasthan H.C : Where Tribunal having taken a view that assessee had an arguable case, allowed its application for stay of demand, in view of fact that Tribunal subsequently took a diametrically opposite view by rejecting assessee’s adjournment application, writ petition filed by assessee was to be disposed of with a direction to Tribunal to finally hear and decide appeal

Avijit Das / November 11, 2013

High Court Of Rajasthan Unique Artage Vs. Union Of India Section : 253 Mohammad Rafiq, J. S.B. Civil Writ Petition

Section 147, Section 10A

Delhi H.C : Merely because payment against impugned invoice of software export was received in advance, section 10A exemption could not be denied on ground that it was an arbitration award as stamp paper purportedly for arbitration was purchased prior to raising such invoice

Avijit Das / October 29, 2013

High Court Of Delhi Nuwave E Solutions (P.) Ltd. VS. ACIT Assessment Year : 2007-08 Section : 10A, 147 Sanjiv

Punjab & Haryana H.C : Where Settlement Commission received a statement made and an affidavit sworn by an officer of department after conclusion of arguments and on basis of said affidavit it made addition to income of assessee and assessee was not confronted with said statement or affidavit, Settlement Commission had violated principles of natural justice rendering impugned order illegal and void

Avijit Das / October 28, 2013

High Court Of Punjab And Haryana Dr. Avtar Singh VS. ITSC Section : 245D Rajive Bhalla And Dr.Bharat Bhushan Parsoon,

Sec. 36(1)(iii)

Punjab & Haryana H.C : Where assessee after taking loan from bank gave interest-free advances to its sister concern which had gone into huge loss and there was no commercial expediency in advancing such loan, interest attributable to such loan was to be disallowed

Avijit Das / October 23, 2013

High Court Of Punjab And Haryana C. R. Auluck And Sons (P.) Ltd. VS. CIT Assessment Year : 2005-06 Section

Section 12, Sec. 12A, Sec. 12AA, Sec. 2(15)

Madras H.C : Where Commissioner after satisfying himself about genuineness of objects of assessee, a cricket association, granted registration to it under section 12AA on 28-3-2003 and later on 19-7-2011 he having noticed that assessee was receiving income from holding of cricket matches cancelled registration, since objects remained as they were in year 2003, cancellation of registration was not justified

Avijit Das / October 21, 2013

High Court Of Madras Tamil Nadu Cricket Association VS. DIT (Exemptions) Section : 12AA, 2(15), 12, 12A, 13 Mrs. Chitra

Bombay H.C : Jurisdiction to determine as to whether a further enquiry or investigation is necessary under section 245D is vested with Settlement Commission

Avijit Das / October 21, 2013

High Court Of Bombay CIT (Central), Pune VS. Income Tax Settlement Commission (ITSC) Section : 245D Dr. D.Y. Chandrachud And

Post pagination

← Previous 1 2 3 … 10 Next →

Copyright © 2024 taxcaselaw.com | Powered by Astra WordPress Theme

Scroll to Top