![Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]")
Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]
In the Case, Commissioner of Income Tax vs Ram Kumar Duhan, Punjab and Haryana High Court has deleted the addition made by the Assessing Officer (AO)...
![Assessing Officer has No Power to Review Original Assessment without any Fresh Tangible Material: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Assessing Officer has No Power to Review Original Assessment without any Fresh Tangible Material: Punjab & Haryana HC [Read Judgment]")
Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]
In Gee City Builders Private Limited v. CIT, the Punjab and Haryana High Court held that when the income of the assessee was assessed by the Assessing Officer at `12,74,720/- but was computed under...
![Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]")
HC has No Jurisdiction to Entertain Appeal against the Orders of CESTAT where the dispute is relating to Taxability of Services: Punjab & Haryana HC
The division bench of the Punjab and Haryana High Court, recently in Commissioner Service Tax v. DLF Golf Resorts, dismissed an appeal preferred by the Revenue on the ground that the matter was...
Cash Seized during Search can be Adjusted against Advance Tax Liability: Punjab & Haryana HC [Read Judgment]
In Pr. Commissioner of Income Tax v. Sh. Surinder Kumar Khindri, the division bench of the Punjab and Haryana High Court held that the cash seized during search can be adjusted against the advance tax...
![Cash Seized during Search can be Adjusted against Advance Tax Liability: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Cash-Seized.jpg "Cash Seized during Search can be Adjusted against Advance Tax Liability: Punjab & Haryana HC [Read Judgment]")
Appellate Authority has No Power to ‘Enhance’ Penalty under the Punjab Excise Act: Punjab & Haryana HC [Read Judgment]
The division bench of the Punjab and Haryana High Court, in M/s Nirvair Singh v. Financial Commissioner Taxation, held that the appellate authority cannot “enhance” penalty under section 14 of the...
Deduction cannot be denied for want of Approval from ‘Competent Authority’, when the Authority not processing the Application in Time: Punjab & Haryana HC
In a recent ruling, the Punjab and Haryana High Court held that denial of exemption to assessee for want of approval from competent authority, is not justified when the application for approval is not...
Trust do not lose its Charitable Nature if the Surplus is used for Building Infrastructure, for use of Charitable Purposes: Punjab & Haryana HC [Read Judgment]
In a recent case, the division bench of the Punjab and Haryana High Court comprising of Chief Justice S.J Vasifdar and Justice Deepak Sibal observed that the assessee- establishment is entitled to get...
![Trust do not lose its Charitable Nature if the Surplus is used for Building Infrastructure, for use of Charitable Purposes: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/charity-Tax-Scan.jpg "Trust do not lose its Charitable Nature if the Surplus is used for Building Infrastructure, for use of Charitable Purposes: Punjab & Haryana HC [Read Judgment]")
Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]
Recently, in the case of CIT (Ex), Chandigarh v. M/s Improvement Trust, the two-judge bench of the Punjab and Haryana High Court has categorically held that a Trust deriving income from developing/...