![Finding Fact of Settlement Commission is not Open to Judicial Review: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Calcutta-High-Court-Taxscan.jpg "Finding Fact of Settlement Commission is not Open to Judicial Review: Calcutta HC [Read Judgment]")
Finding Fact of Settlement Commission is not Open to Judicial Review: Calcutta HC [Read Judgment]
In ABC Dubash Mining & Anr v. Income Tax Settlement Commission, the Calcutta High Court held that a finding of fact made by the Settlement...
![Demonetisation: Calcutta HC directs Govt to Refund of Seized Money in New Currency Notes [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "Demonetisation: Calcutta HC directs Govt to Refund of Seized Money in New Currency Notes [Read Order]")
No Disallowance with respect to Exempt Income can be made if the Securities are held as Stock-in-Trade: Calcutta HC [Read Order]
In CIT v. M/s. G K K Capital Markets (P) Limited, the division bench of the Calcutta High Court held that no disallowance under section 14A r/w Rule 8D can be made with respect to exempt income if...
![No Disallowance with respect to Exempt Income can be made if the Securities are held as Stock-in-Trade: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Shares-TaxScan.jpg "No Disallowance with respect to Exempt Income can be made if the Securities are held as Stock-in-Trade: Calcutta HC [Read Order]")
Excess sum received by Assessee due to Fluctuation of Exchange Rates are Capital Receipts, Taxable as Capital gain: Calcutta HC [Read Judgment]
The division bench of the Calcutta High Court, in a recent decision observed that the excess sum received by the assessee due to fluctuation of exchange rates are capital receipts. It was further held...
![Excess sum received by Assessee due to Fluctuation of Exchange Rates are Capital Receipts, Taxable as Capital gain: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Calcutta-High-Court-Tax-Scan.jpg "Excess sum received by Assessee due to Fluctuation of Exchange Rates are Capital Receipts, Taxable as Capital gain: Calcutta HC [Read Judgment]")
Confiscation of Smuggled Goods is not a ‘Business Loss’ even if the Assessee is acquitted from Criminal charges: Calcutta HC [Read Judgment]
“Decision of a Criminal Court is not binding in a Civil Action”. The division bench of the Calcutta High Court in a recent decision categorically held that the confiscation of the smuggled goods...
Remuneration received by Sourav Ganguly for Writing Articles, Anchoring TV shows would not attract Service Tax; Calcutta HC [Read Judgment]
“Calcutta High Court also quashes Service Tax demand notice against Former Cricketer Saurav Ganguly”. A single Judge bench of Calcutta High Court recently nullified the Show Cause Notice issued...
![Remuneration received by Sourav Ganguly for Writing Articles, Anchoring TV shows would not attract Service Tax; Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Saurav-Ganguly-Tax-Scan.jpg "Remuneration received by Sourav Ganguly for Writing Articles, Anchoring TV shows would not attract Service Tax; Calcutta HC [Read Judgment]")
Income from Letting out the Godown ‘may be’ treated as business income: Calcutta High Court [Read Order]
The Calcutta High Court in a recent ruling opined that the income derived by the assessee by letting out the godown may be treated as a business income. The Court was deciding the appeal filed by the...
Assessment completed against an Amalgamating Company even after Amalgamation is Valid: Calcutta HC [Read Judgment]
evaluationThe Calcutta High Court in a recent ruling validated the assessment order passed by the Income Tax Department against the assessee-company after amalgamation as it was found that the said...
A Foreign Company’s Obligation to Withhold Presumptive Tax and Deposit it with the Department u/s 44D(b) of the Income Tax Act is Optional; Calcutta HC ]DOWNLOAD JUDGMENT]
The Calcutta High Court, while deciding a Writ petition filed by the Timken India Limited & Others against the Deputy Commissioner of Income Tax, Kolkata, under Article 226 of the Constitution,...
