Where a co-operative society did not file its return of income but subsequently furnished details during assessment proceedings and claimed eligibility for deduction under section 80P, non-filing of r ... Read more..

Difference in legal interpretation does not amount to concealment of income or furnishing of inaccurate particulars so as to levy penalty under section 271(1)(c). ... Read more..

Appeal cannot be dismissed by CIT(A) summarily without granting opportunity of hearing and without deciding issues on merits. ... Read more..

Where assessee had pre-deposited 10% of the disputed tax and fulfilled all the formalities to sustain the appeal, the case was remitted back to the authorities for reconsideration, subject to depositi ... Read more..

Where the adjudication order was passed without affording any opportunity of personal hearing to assessee and assessee was ready to pay 25% of the disputed tax for granting of one opportunity to prese ... Read more..

Where assessee was involved in the activities of availing fraudulent Input Tax Credit, it was found to be in the interest of justice to relegate him to the statutory appellate remedy available under t ... Read more..

Appellant had remained in custody for over seven months and there was also no possibility of commencement of trial in near future, several co-accused were already released on bail, the appellant was 7 ... Read more..

There was a statutory duty of disclosing unpublished/selectively published price sensitive information so as to make it generally available and embargo against insider trading, appellant failed to dis ... Read more..

Award debtor, while releasing decretal amount, mistakenly deducted TDS, despite settled principle that no tax was deductible at source from sums payable under an arbitral award, the Award Debtor had n ... Read more..