Gujarat HC upholds FBT on Sales Promotion Expenditure, Cost of Free Samples given to Doctors, Gift to Business Associates etc [Read Judgment]
In a recent ruling, the division bench of the Gujarat High Court upheld the levy of Fringe Benefit Tax (FBT) on sales promotion expenditure, cost of...
![Assessment u/s 153A is Limited to Search Income only: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessment u/s 153A is Limited to Search Income only: Gujarat HC [Read Judgment]")
Levy of Entry Tax beyond the rates prescribed under VAT/ Sales Tax Act is Ultravires to Constitution: Gujarat HC [Read Judgment]
Gujarat High Court quashes Levy of Entry Tax @15% on Tractors is illegal, discriminatory & ultra vires to Constitution. In a recent ruling, the division bench of the Gujarat High Court...
AO bound to obtain Approval from Authorities in case of Time Barred Re-Assessment as per the direction of CIT(A): Gujarat HC [Read Judgment]
In the case Raghunath Dev Patil v. ACIT, the division bench of the Gujarat High Court held that re-assessment proceedings initiated after 6 years,in pursuance to the order of the CIT(A), which was...
![AO bound to obtain Approval from Authorities in case of Time Barred Re-Assessment as per the direction of CIT(A): Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "AO bound to obtain Approval from Authorities in case of Time Barred Re-Assessment as per the direction of CIT(A): Gujarat HC [Read Judgment]")
Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]
In a recent decision, the division bench of the Gujarat High Court has held that the amount received by a Club as security deposit towards the enrollment of members is capital receipt and therefore,...
![Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Membership-fees-Taxscan.jpg "Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]")
Reference to DVO without Rejecting the Books by the AO would make the Assessment Void: Gujarat HC [Read Judgment]
Recently, in the case of Principal Commissioner of Income Tax V. Sanjay Hiralal Thakkar, the division bench of the Gujarat High Court quashed the assessment proceedings, which was based on the report...
AO is bound to give notice and Speaking Order before referring a matter to the TPO: Gujarat HC [Read Judgment]
In a recent decision, the division bench of the Gujarat High Court held that the Assessing Officer is liable to issue a Show Cause Notice and a speaking Order before referring a case to the Transfer...
Ship Breaking is a ‘Manufacturing Processs’: Gujarat HC allows IPT claim on LPG & Oxygen Gases under GVAT Act [Read Judgment]
In a recent decision, the two-judge bench of the Gujarat High Court allowed IPT claim on the LPG and oxygen gases used for the purpose of ship-breaking, treating the same as raw-material. The Court,...
