Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Goods matched documents like e-way bill and... TaxTMI NRI's unexplained mutual fund investment & capital... TaxTMI Land sale profit: Business income or long-term... TaxTMI Lending business earned interest spread, no... TaxTMI Money laundering case: Balancing PMLA bail... TaxTMI Export of service partly performed outside India... TaxTMI Technical testing firm wins CENVAT credit case;... TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Transport agency's bundled services disqualify it... TaxTMI Taxman overreached by turning limited scrutiny into... TaxTMI Genuine anonymous donations not taxable. Grants not... TaxTMI Property investment source verification not valid... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Freight charges paid to foreign shipping co. not... TaxTMI Massive financial fraud via sham deals to launder... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Highlights / Annotations / Catch Notes For 2024

Home Highlights Year 2024

Filter:

Showing 5701 to 5750 of 9427 Records

1 ....111 112 113 114115116 117 118 119........ 189

May 21, 2024 Case Laws Income Tax

AT upheld CIT(A)'s decision: No proof of unsecured loan's non-genuineness; AO's additions based on surmises. Ad-hoc expense disallowance unjustified. Deduction u/s 80IA allowed as per precedent.
May 21, 2024 Case Laws Income Tax

ITAT Delhi rules interest income on FDRs not taxable until certainty of payment established between parties. Income to be taxed on receipt basis or when certainty reached. Orders of AO and CIT(A) set aside.
May 21, 2024 Case Laws Income Tax

ITAT Delhi held that non-deduction of tax u/s 195 on shipment charges not consultancy services. Payments not liable for TDS. Decision in favor of assessee upheld by CIT(A). No taxability as income not deemed to accrue in India. AO's view rejected.
May 21, 2024 Case Laws Income Tax

ITAT Delhi held that the appellant, a Cyprus tax resident, is the beneficial owner of interest income on CCDs, entitled to tax treaty benefit at 10% (instead of 40%).
May 21, 2024 Case Laws Income Tax

ITAT Pune held subsidy under IPS Scheme not to be reduced from cost of fixed assets for depreciation calculation. Directions issued by CIT(A) to allow claim u/s 80-IA without deducting brought forward loss or unabsorbed depreciation, upheld.
May 21, 2024 Case Laws Income Tax

ITAT Ahmedabad allowed AR's contention on determining selling price of unquoted shares for LTCG calculation. Assessee allowed deduction of rent paid against HRA.
May 21, 2024 Case Laws Income Tax

ITAT Ahmedabad held reassessment invalid as AO relied on borrowed satisfaction from Investigation Wing without independent application of mind.
May 21, 2024 Case Laws Income Tax

ITAT Indore held that frequency alone doesn't determine investment intent. Short-term capital gain vs. business income based on facts. Land sale treated as long-term capital gain despite unregistered agreement. Assessee's declaration upheld.
May 21, 2024 Case Laws Income Tax

ITAT Jaipur held that AO conducted adequate inquiries on salary payments to specified persons. PCIT's revision u/s 263 based on incorrect inference from AY 2017-18 not justified. Order quashed, appeal allowed.
May 21, 2024 Case Laws Income Tax

ITAT Mumbai upheld assessee's benchmarking analysis for TP adjustment, rejecting TPO's adhoc estimation. MAT credit entitlement to be verified. Disallowance u/s 14A r.w.r. 8D deleted as no claim for exempt dividend income.
May 21, 2024 Case Laws Customs

High Court quashes complaint & summoning order against Former Director of M/s Kwality Overseas Pvt Ltd. Jurisdiction of Special Law prevails over General Law. IPC sections not applicable due to Customs Act provisions.
May 21, 2024 Case Laws Customs

CESTAT AHMEDABAD: Anti-Dumping Duty case - Goods cleared under Advance Authorization Scheme - Export obligations fulfilled - Matter restored back for rejudication.
May 21, 2024 Case Laws Customs

CESTAT Chennai ruled in favor of the appellant, classifying imported Clear Float Glass under tariff item 70051090, entitling FTA benefits. Extended period for duty demand and penalty imposition not justified.
May 21, 2024 Case Laws Companies Law

Delhi HC: Unregistered foreign company's winding up for non-payment u/s 433(e) & (f) read with 434 & 439 of Cos Act 1956. Proceedings transferred to NCLT as per SC rulings. Petition disposed.
May 21, 2024 Case Laws Companies Law

CLB lacked power to punish for contempt; order merged with High Court's; Directors not absolved due to lack of control over Company affairs. Appeal allowed.
May 21, 2024 Case Laws Service Tax

AT ruled service tax not applicable on advertising agency transaction. Agreement deemed joint venture/partnership. Business frustrated by court order. Novation of agreement due to financial difficulty.
May 21, 2024 Case Laws Central Excise

Orissa HC held in a case of extended limitation period that inordinate delay in adjudication of a show cause notice is fatal. Notices issued after long lapse of time are contrary to law and quashed. Writ petition allowed.
May 21, 2024 Case Laws Central Excise

CESTAT Allahabad allows refund of Cenvat Credit on export of exempted goods without bond. Export under bond is procedural; refund valid if export fact not disputed. Appellant eligible for refund under Rule 5 of CCR, 2004.
May 21, 2024 Case Laws Central Excise

CESTAT Hyderabad upheld denial of Cenvat Credit on Clean Energy Cess for coal use in factory. No interest demanded, penalty set aside. Appeal partly allowed.
May 21, 2024 Case Laws VAT and Sales Tax

High Court held interest on excess ITC refund accrues after 60 days of application. Interest payable from 27.01.2021 (relevant to the date of original application) to refund date. Petition allowed.
May 21, 2024 Case Laws Indian Laws

HC: No evidence of dishonest intention to cheat at inception of transaction. Conviction u/s 420 IPC not sustained. Complaint u/s 138 NI Act premature. Petitioner acquitted. Complainant may file fresh case within 2 months.
May 21, 2024 Case Laws Indian Laws

Calcutta High Court held that the writ petition was maintainable in a contractual dispute over rent arrears, as income tax department failed to pay revised rents as per CPWD norms.
May 21, 2024 Case Laws Indian Laws

Petitioner sought disclosure of tax evasion petition outcome under RTI Act. Court held info sought was not permissible, upheld PIO's rejection.
May 20, 2024 Case Laws GST

Imposition of tax and penalty u/s 129(3) - e-way bill had expired nine hours and thirty minutes prior to interception - The High court referred to previous cases where......
May 20, 2024 Case Laws GST

Rejection of appeal filed by the petitioner - time limitation - self-certified copy of the decision or order was not made available within time as per proviso to Rule......
May 20, 2024 Case Laws GST

Seeking grant of bail - Legality of arrest without assessing tax liability - Claiming fake input tax credits, without actually supplying goods - The High Court observed.....
May 20, 2024 Case Laws Income Tax

Validity of reassessment order u/s 147 - Denial of Cross-Examination Opportunity - Reliance of statement of third party - The High Court noted that the petitioner did......
May 20, 2024 Case Laws Income Tax

Rectification u/s 154 - AO had not suo-moto initiated rectification proceedings but acted on the application of the assessee - As the Assessing Officer acted upon the......
May 20, 2024 Case Laws Income Tax

Validity of reopening the assessment u/s 147 - Additions u/s 68 and u/s 69A - Cash deposits in assessee’s bank account - The ITAT observed that, the AO was satisfied......
May 20, 2024 Case Laws Income Tax

Income deemed to accrue or arise in India - revenue characterization - Taxability of IUC [Interconnect utility charges] as Royalty u/s 9(1)(vi) - DTAA between India and.....
May 20, 2024 Case Laws Income Tax

TDS u/s 194J/195 - whether payment of roaming charges falls within the meaning of “FTS" - The Tribunal held that payment of roaming charges is neither in the nature of......
May 20, 2024 Case Laws Income Tax

Addition made u/s. 69/69B - difference between the stamp duty value and the sale consideration with respect to purchase of property - family settlement to constitute......
May 20, 2024 Case Laws Income Tax

Validity of Assessment u/s 153C - The period of six years would have to be reckoned with respect to the date of recording of satisfaction note, not the date of search.......
May 20, 2024 Case Laws Customs

Levy of Penalty u/s 112 - Scope of the show cause notice - The CESTAT noted that, no show cause notice has been issued proposing the demand of differential duty or the......
May 20, 2024 Case Laws Customs

Classification of imported goods - import of insulated boxes designed for carrying vaccines and blood - The Tribunal agreed with the Respondents (Importer), noting that.....
May 20, 2024 Case Laws Customs

Refund claim - unjust enrichment - Initially claim filed without challenging the self-assessed Bills of Entry - During the appeal process, the appellant sought to amend.....
May 20, 2024 Case Laws Companies Law

Professional misconduct - Debarment from being appointed as an auditor or internal auditor or from undertaking any audit - levy of penalty - The court observed that the.....
May 20, 2024 Case Laws Insolvency and Bankruptcy

Ambiguity in service of orders by NCLT; Role of Insolvency and Bankruptcy Board of India (IBBI) - The Supreme Court decided to involve the Insolvency and Bankruptcy......
May 20, 2024 Case Laws Insolvency and Bankruptcy

CIRP - Liquidation proceedings - Rejection of claim of Yes Bank for transfer of VAT refund to the account of FEMC Pratibha JV - non relinquishing of security interest as....
May 20, 2024 Case Laws Service Tax

Classification of services - Whether providing space on roof for transportation of parcels/goods can be considered as "Business Support Service" by the Department? - The....
May 20, 2024 Case Laws VAT and Sales Tax

Recovery of tax dues of the company from personal assets of the Director - Application of the doctrine of lifting the corporate veil - vicarious liability of petitioner.....
May 20, 2024 Case Laws VAT and Sales Tax

Demand of KGST when the resolution plan was approved - Jurisdiction and applicability of the Insolvency and Bankruptcy Code (IBC) over statutory dues. The court......
May 19, 2024 Case Laws Indian Laws

Whether the legal services provided by lawyers are covered under the Consumer Protection Act, 1986 (now Consumer Protection Act, 2019). - The court concluded that the......
May 19, 2024 Case Laws GST

Validity of assessment order u/s 74 - The order passed based on a report from the Irrigation and Waterways Directorate, Govt. of West Bengal, regarding the disclosure of....
May 19, 2024 Case Laws GST

Validity of assessment order and bank attachment notice - no personal hearing provided - The High court notes that the petitioner was not heard before the order issuance....
May 19, 2024 Case Laws Customs

Seeking certified copy of the order in original - export proceeds - duty draw back - The Departments' (Revenue) senior standing counsel argued that providing another......
May 19, 2024 Case Laws GST

Time Limitation - Rejection of appeal filed by the petitioner - Physical copies being submitted on 24.04.2023, beyond the condonable period while electronic filing was......
May 19, 2024 Case Laws GST

Cancellation of registration of petitioner - The High court concluded that the cancellation order lacked reasoning and application of mind, violating the petitioner's......
May 19, 2024 Case Laws Income Tax

Penalty proceedings u/s 271(1)(c) r.w.s. 274 - additional income declared in the return filed in response to notice u/s 153A as compared to original returned filed u/s......
May 19, 2024 Case Laws Income Tax

Transfer of Jurisdiction u/s 127 - File were transferred from Kolkata's jurisdiction to Chennai - The Revenue's argument that the PAN and files were still within......

1 ....111 112 113 114115116 117 118 119........ 189

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: RCM on Rent for Exempted Commodity

F: RCM on Rent for Composite Dealer

F: Stock damaged in recent floods

F: Merger of two GSTIN in the same State - Procedure to be followed

F: Labour Cess applicable on cost of construction without GSt or gross cost

N: Amendment in Notification No. 18/2021-Customs (ADD), dated the 27th Ma...

H: Penalty on concealment deleted due to lack of evidence of deliberate u...

H: Company's expenses disallowed, but no penalty as details disclosed; Tr...

H: Resolving Arbitral Tribunal's Mandate Extension: Supreme Court Allows ...

H: Court allows appeal against retrial order for evidence forgery; uphold...

H: Provisions restricting input tax credit on goods/services for construc...

H: Tax Penalty Notice Defects: Grounds Must Be Clear.

H: Taxpayer gets relief under tax dispute resolution scheme despite pendi...

H: Lack of jurisdiction for AO to invoke Sec 153C without receiving mater...

H: Writ challenging assessment dismissed; assessee availed remedy of appe...

H: Income from house property additions - ALV capped at Rs.8.39L for 2015...

H: Fraudulent employee mishandling led to embezzlement loss deductible u/...

H: Taxpayer challenges legality of vague penalty notice - CIT(Appeals) om...

H: Tax-free dividend income, interest-free funds disallowance relaxed, TD...

H: Property renovation costs wrongly disallowed; Revenue authorities over...

H: Charity trust's registration wrongly denied, court orders re-evaluatio...

F: interest lability on ITC when payment to supplier is made after 180 days

A: PENALTY ON DIRECTORS CONTRAVENING EXPORT REGULATIONS UNDER FOREIGN EXC...

A: Difference between “License” and “Royalty”

A: Penalty proceedings under Section 130 of the CGST Act cannot be initia...

N: Inland Container Depots for loading and unloading of goods - Seeks to ...

C: Guidelines to Stock Exchanges, Clearing Corporations and Depositories

T: Supreme Court Upholds Validity of Re-Assessment Notices Issued During ...

A: Director Identification Number

A: No GST is applicable for the services provided by the Director under p...

↑Top