Supreme Court and High Court Weekly Round-Up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from April 2 to April 8, 2023. Criminal Prosecution initiated mistakenly on
Supreme Court and High Courts Weekly Round-up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from January 1 to January 7, 2023. Congress Leader Kamal Nath’s Involvement
Tax Judgments of High Courts Annual Case Digest 2023 [Part 6]
Court will not Deny Moment of Togetherness to Family and Son: Delhi HC allows PMLA Accused to Travel Abroad for Son’s Admission PARVIN JUNEJA vs DIRECTORATE OF ENFORCEMENT & ANR 2023 TAXSCAN (HC) 1262 In
Supreme Court and High Court Weekly Round-Up
This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from December 01 to December 08, 2023. Person accused u/s 3
Supreme Court and High Court Weekly Round-Up
HC does not Exercise Parallel Jurisdiction of CIT to entertain Stay Application: Kerala HC dismisses Writ Petition challenging Stay of Income Tax Demand MANMADHAN NAIR vs THE CENTRAL BOARD OF DIRECT TAXES 2023 TAXSCAN (HC)
Supreme Court and High Court Weekly Round-Up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from February 12 to February 18, 2023. Fake ITC GST Claim: Delhi
Tax Judgment of High Courts Annual Digest 2023 Part 16
This Annual Case Digest analytically summarizes the key stories related to Tax judgements of various High Courts in India reported in Taxscan.in during the year 2023. These stories include judgements and observations of High Courts
Supreme Court and High Court Weekly Round-Up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from February 27 to March 4, 2023. Supreme Court to decide Restriction
Addition made Solely on the basis of a Confessional Statement without any Supporting Evidence is Invalid: ITAT [Read Order]
The Income Tax Appellate Tribunal in its recent order ruled that addition made under the Income Tax Act, 1961 solely on the basis of confessional statement without any supporting evidence is Invalid. The bench including
Income from Mall Operations is Taxable as Business Income, says ITAT Mumbai [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal, in a recent ruling, held that the income from mall operations shall be assessed under the head “Business Income” under the provisions of the Income Tax
Deduction allowable on Payment towards LIC Group Gratuity Scheme: ITAT grants relief to Andaman & Nicobar State Corporation Bank [Read Order]
In a major relief to Andaman & Nicobar State Corporation Bank, the Income Tax Appellate Tribunal, Kolkata bench has held that deduction is allowable on the payment towards LIC Group Gratuity Scheme under section 37
Cenvat Credit Allowable on Service Tax paid on Transportation under RCM: CESTAT [Read order]
The Kolkata bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that Cenvat Credit is allowable on service tax paid on transportation under the Reverse Charge Mechanism ( RCM ).
Excise Duty Exemption is Capital Receipt, neither chargeable to Income Tax nor categorised under Book Profit: ITAT [Read Order]
The Kolkata Bench, of the Income Tax Appellate Tribunal, held that excise duty exemption is a capital receipt which neither chargeable to Income Tax nor categorised under book profit. The assessee ,Greenply Industries ltd engaged
Income Voluntarily surrendered during Search cannot be treated as ‘Undisclosed Income’ for Imposing Penalty: ITAT [Read Order]
Kolkata bench of the Income Tax Appellate Tribunal, in DCIT v. Shri Ravi Kumar Khaitan, held that penalty under section 271AAA of the Income Tax Act is not leviable when assessee has admitted his undisclaosed
Materials used in Third Party Premises cannot be used against the assessee in section 153A assessments: ITAT [Read Order]
The Income Tax Appellate Tribunal recently ruled that Materials used in third party premises cannot be used against the assessee in section 153A of the Income Tax Act assessments. The tribunal bench comprising of Judicial