![CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CBDT-CBDT-Circular-Income-Tax-Act-Income-Tax-Central-Board-of-Direct-Taxes-Punjab-and-Haryana-High-Court-taxscan.jpg "CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]")
CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]
In a recent case, the Punjab and Haryana High Court has held that circular or instructions by Central Board of Direct Taxes ( CBDT ) could not have...
![Punjab & Haryana HC directs to Waive Interest in Situations beyond Assessees Control in Timely Filing of Income Tax Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Punjab-and-Haryana-High-Court-Income-Tax-Returns-Assessees-Taxscan.jpg "Punjab & Haryana HC directs to Waive Interest in Situations beyond Assessees Control in Timely Filing of Income Tax Returns [Read Order]")
![Audit by CAG: Punjab & Haryana HC stays GST SCN to Leading Pharma Manufacturer [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/GST-Punjab-Haryana-High-Court-DRC-01-GST-audit-by-CAG-GST-audit-pharmaceutical-manufacturer-GST-taxscan.jpg "Audit by CAG: Punjab & Haryana HC stays GST SCN to Leading Pharma Manufacturer [Read Order]")
![Auction based on quashed Exparte ITAT Order: Punjab & Haryana HC imposes Cost on Income Tax Authorities [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Punjab-and-Haryana-High-Court-Income-Tax-Tax-news-taxscan.jpg "Auction based on quashed Exparte ITAT Order: Punjab & Haryana HC imposes Cost on Income Tax Authorities [Read Order]")
![Assessment Order Passed under Income Tax Act Without Conducting Search And Seizure is not Valid: Punjab & Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Punjab-and-Haryana-High-Court-Assessment-Order-Income-Tax-Act-Assessment-Order-Passed-under-Income-Tax-Act-Search-And-Seizure-is-not-Valid-Taxscan.jpg "Assessment Order Passed under Income Tax Act Without Conducting Search And Seizure is not Valid: Punjab & Haryana HC [Read Order]")
Penalty under Rule 25 of Central Excise Rules relies on "intention to evade" u/s 11 of Excise Act: Punjab & Haryana HC [Read Order]
The Punjab and Haryana High Court has noted that the penalty under Rule 25 of the Central Excise is applicable only on satisfaction of the ingredients given in Section 11 of the Central Excise Act,...
![Penalty under Rule 25 of Central Excise Rules relies on intention to evade u/s 11 of Excise Act: Punjab & Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Punjab-and-Haryana-High-Court-Rule-25-Central-Excise-Rules-Section-11-Central-Excise-Act-Excise-taxscan.jpg "Penalty under Rule 25 of Central Excise Rules relies on intention to evade u/s 11 of Excise Act: Punjab & Haryana HC [Read Order]")
Punjab and Haryana High Court quashes ECIR filed by Enforcement Directorate u/s 3 r/w Sec. 4 of PMLA Act [Read Order]
In a recent case, the Punjab and Haryana High Court quashed the First Information Report ( FIR ) filed by the enforcement directorate under Section 3 read with Section 4 of the Prevention of Money...
Taxability of Corporate Guarantees between Related Persons under GST: Punjab & Haryana HC stays Controversial Circular
A Division Bench of the Punjab and Haryana High Court has issued an interim order staying a circular issued by the Central Board of Indirect Taxes and Customs ( CBIC ) concerning the tax treatment of...
No Addition to Net Profit to be Made without Recomputing Trading Result u/s 145(1) of Income Tax Act: Punjab & Haryana HC [Read Order]
The Punjab and Haryana High Court observed that no Addition can be made to net profit without recomputing trading result under Section 145(1) of the Income Tax Act, 1961. The A.O estimated the...
![No Addition to Net Profit to be Made without Recomputing Trading Result u/s 145(1) of Income Tax Act: Punjab & Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-Punjab-and-Haryana-High-Court-Section-1451-income-tax-act-Trading-result-computation-taxscan.jpg "No Addition to Net Profit to be Made without Recomputing Trading Result u/s 145(1) of Income Tax Act: Punjab & Haryana HC [Read Order]")
Pre-deposit Done after Condonable Delay: Punjab and Haryana HC directs Hearing of Appeal, Calculates Limitation Period based on General Clauses Act
The case revolves around an assessment order dated 30.05.2023, filed on 30.09.2023, falling under the statutory limitation of four months. This period includes a provision for condonation of one...
