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Seyadu Beedi Company v. Asstt. Tax Officer (Intelligence) & Ors

  Section 129 of Kerala GST Act, 2017   Service Tax

Seizure of goods --Goods detained pending adjudication of assessmentRelease of ----Where goods were detained even though adjudication in this respect was pending, matter was remanded with a direction…

Dalia Investment Pvt. Ltd. v. DCIT & Anr.

  Section 143(3)   Direct Taxes

Disallowances of expenses cannot exceed amount of actual expenses claimed by assessee.…

Pr. CIT v. Jadau Jewellers & Manufactures (P) Ltd.

  Section 40 A(3)   Direct Taxes

When income of the assessee was computed by applying gross profit rate, there was no need to look into the provisions of section 40A(3), as applying the gross profit rate takes care of…

DCIT v. Federal Brands Ltd.

  Section 271(1)(c)   Direct Taxes

Excess claim of depreciation by assessee for bona fide reasons would not justify imposition of penalty under section 271(1)(c).…

ITO v. Shri Prashant Sharma And Vice-Versa

  Sections 271D & 271E   Direct Taxes

Where order imposing penalty under sections 271D and 271E was passed after expiry of six months from the action initiated for imposition of penalty, the penalty order was barred by time…

Dy. CIT v. Maco Corporation India (P) Ltd.

  Section 35(1)(ii)   Direct Taxes

There is absolutely no provision for withdrawal of recognition under section 35(1)(ii) of the Act. Hence, the so-called withdrawal of recognition under section 35(1)(ii) in the hands of the payee…

Dy. CIT v. Gyscoal Alloys Ltd.

  Section 68   Direct Taxes

Where assessee had received share capital along with premium from its group concern and filed all the necessary details such as share applicant|s PAN card, audited accounts, and ITRs, etc. and…

Rajan Joseph, Proprietor v. Asstt. State Tax Officer & Ors.

  section 129 of Kerala GST Act, 2017   Service Tax

Seizure of goods--Goods detained pending adjudication of assessmentRelease of ----Where goods were detained even though adjudication in this respect was pending, matter was remanded with a direction…

Satyanarayana & Ors. v. CIT

  Section 263   Direct Taxes

Where AO allowed interest on capital and remuneration paid to the partners from the estimated income on the basis of partnership deed, assessment made by AO on estimation of income could…

ACIT v. Modi Rubber LIMITED

  Section 143(3)   Direct Taxes

Disallowance had been made on ad-hoc basis without pointing out any defects in assessee books or vouchers maintained for impugned expenses, and, the same was not, therefore, sustainable.…

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