Begin typing your search above and press return to search.
![Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Tax-Liability-Usage-Fund-Income-impose-Tax-Liability-Capital-Asset-Other-Income-Taxscan.jpg "Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]")
Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the usage of fund cannot be the reason to impose tax liability. The assessee...
![Input Tax Credit can’t be denied to Buyer If Seller discharges Tax Liability: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Land-Transactions-Karnataka-High-Court.jpg "Input Tax Credit can’t be denied to Buyer If Seller discharges Tax Liability: Karnataka HC [Read Judgment]")
![Delhi HC Upholds Addition since Security Deposit Received in absence of Contractual Clauses to Exercise Control, used as a Camouflage to Postpone Tax Liability [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Security-Deposit-Delhi-High-Court-Taxscan.jpg "Delhi HC Upholds Addition since Security Deposit Received in absence of Contractual Clauses to Exercise Control, used as a Camouflage to Postpone Tax Liability [Read Judgment]")
![Addition is Justifiable when Assessee Voluntarily admits Tax Liability during the Course of Proceedings and later refuses: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Tax-Liability-TaxScan.jpg "Addition is Justifiable when Assessee Voluntarily admits Tax Liability during the Course of Proceedings and later refuses: Delhi HC [Read Order]")
A Director of Company cannot escape from Tax Liability by merely stating he was not in charge of Affairs of the Company: Gujarat HC [Read Judgment]
In Ajay surendra Patel v. DCIT, the division bench of the Gujarat High Court categorically held that a Director of a Company cannot escape from tax liability by merely stating that he was not in...
![A Director of Company cannot escape from Tax Liability by merely stating he was not in charge of Affairs of the Company: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Gujarat-High-Court-Tax-Scan-1.jpg "A Director of Company cannot escape from Tax Liability by merely stating he was not in charge of Affairs of the Company: Gujarat HC [Read Judgment]")
![CESTAT Dismisses Appeals as Legal Heirs Settle Tax Dispute Under SVLDR Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CESTAT-CESTAT-Dismisses-Appeals-Legal-Heirs-taxscan.jpg "CESTAT Dismisses Appeals as Legal Heirs Settle Tax Dispute Under SVLDR Scheme [Read Order]")
Order Passed u/r 96 (10) of CGST Rules, 2017 after same was Omitted without any Saving Clause is Invalid: Uttarakhand HC [Read Order]
In a recent case, the Uttarakhand High Court held that no proceedings can be invoked under the provisions of rule 96(10) of CGST Rule, 2017, after the same was omitted on 8th October, 2024 without a...
![Order Passed u/r 96 (10) of CGST Rules, 2017 after same was Omitted without any Saving Clause is Invalid: Uttarakhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Uttarakhand-HC-CGST-taxscan.jpg "Order Passed u/r 96 (10) of CGST Rules, 2017 after same was Omitted without any Saving Clause is Invalid: Uttarakhand HC [Read Order]")
