![Provision requiring Filing of Audit Report along with the Return is Directory, not Mandatory: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Audit-Tax-Scan.jpg "Provision requiring Filing of Audit Report along with the Return is Directory, not Mandatory: Allahabad HC [Read Judgment]")
Provision requiring Filing of Audit Report along with the Return is Directory, not Mandatory: Allahabad HC [Read Judgment]
In Fortuna Foundation Engineers & Consultants Pvt.Ltd v. CIT, the division bench of the Allahabad High Court held that the provisions of Rule...
![Partners of a Firm are bound to Explain the Source of Gift received by their Minor Children: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Gift-Taxscan.jpg "Partners of a Firm are bound to Explain the Source of Gift received by their Minor Children: Allahabad HC [Read Judgment]")
![Loss / Gain on Foreign Currency Translation are not subject to Income Tax: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Foreign-Currency.jpg "Loss / Gain on Foreign Currency Translation are not subject to Income Tax: Allahabad HC [Read Judgment]")
![Jurisdiction of Re-Assessment Proceedings can be Questioned at any Stage: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Jurisdiction of Re-Assessment Proceedings can be Questioned at any Stage: Allahabad HC [Read Judgment]")
![Payment of Scholarship is ‘Charitable Expenditure’: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/03/Scholarship-Taxscan.jpg "Payment of Scholarship is ‘Charitable Expenditure’: Allahabad HC [Read Judgment]")
ITAT is bound to Consider the Merits of the Case while dismissing the Appeal for Want of Representation: Allahabad HC [Read Judgment]
The division bench of the Allahabad High Court recently, in Balaji Tirupati Enterprises v. CIT & Anr, ruled that, the Income Tax Appellate Tribunal (ITAT), while dismissing Appeal for want of...
![ITAT is bound to Consider the Merits of the Case while dismissing the Appeal for Want of Representation: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Allahabad-High-Court-Taxscan.jpg "ITAT is bound to Consider the Merits of the Case while dismissing the Appeal for Want of Representation: Allahabad HC [Read Judgment]")
Royalty and Fee for Technical Assistance are Revenue Expenditure and not Capital in nature: Allahabad HC [Read Order]
The division bench of Allahabad High Court held that, payment of royalty and fee for technical assistance paid to Japaneese Company M/s Hongo is an allowable business expenditure and cannot be held as...
![Royalty and Fee for Technical Assistance are Revenue Expenditure and not Capital in nature: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Revenue-Expenditure-Taxscan.jpg "Royalty and Fee for Technical Assistance are Revenue Expenditure and not Capital in nature: Allahabad HC [Read Order]")
Cenvat Credit cannot be denied on Ground of Non-Registration of Premises: Allahabad HC [Read Order]
In a recent decision, Commissioner Service Tax v. M/S Pangea 3 Legal Database Systems Pvt. Ltd, the division bench of the Allahabad High Court held that assessee can avail Cenvat credit in respect of...
Activity of Mere Hiring of Machineries and Equipments does not attract TDS: Allahabad HC [Read Order]
In the recent order in CIT v. M/S Jai Prakash Enterprises Ltd, the division bench of the Allahabad High Court held that Tax deduction at Source (TDS) under section 194C of the Income Tax Act does not...
![Activity of Mere Hiring of Machineries and Equipments does not attract TDS: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "Activity of Mere Hiring of Machineries and Equipments does not attract TDS: Allahabad HC [Read Order]")
Interest u/s 201(1A) of IT Act cannot be levied if the Deductee has returned losses and a Subsequent Assessment shows Positive Income: Allahabad HC
In a recent ruling, the Allahabad High Court confirmed the order of the ITAT that interest under Section 201(1A) of Income Tax Act, 1961 cannot be levied if the deductee has returned losses for...
Benefit of S. 54F is not available when Assessee has not started construction in the Purchased Plot within the Stipulated Time: Allahabad HC
In Ajay Kumar v. ITO, the division bench of the Allahabad High Court held that exemption under section 54F of the Income Tax Act will not be available when the assessee has not started construction in...