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Rajan Joseph, Proprietor v. Asstt. State Tax Officer & Ors.

  section 129 of Kerala GST Act, 2017   Service Tax

Seizure of goods--Goods detained pending adjudication of assessmentRelease of ----Where goods were detained even though adjudication in this respect was pending, matter was remanded with a direction…

Satyanarayana & Ors. v. CIT

  Section 263   Direct Taxes

Where AO allowed interest on capital and remuneration paid to the partners from the estimated income on the basis of partnership deed, assessment made by AO on estimation of income could…

ACIT v. Modi Rubber LIMITED

  Section 143(3)   Direct Taxes

Disallowance had been made on ad-hoc basis without pointing out any defects in assessee books or vouchers maintained for impugned expenses, and, the same was not, therefore, sustainable.…

Rajan Joseph, Proprietor v. Asstt. State Tax Officer & Ors.

  Section 129 of Kerala GST Act, 2017   Service Tax

Seizure of goods--Goods detained pending adjudication of assessmentRelease of ----Where goods were detained even though adjudication in this respect was pending, matter was remanded with a direction…

Delhi Tourism & Transport Development Corporation Ltd. v. Dy. CIT

  Section 40(a)(i)   Direct Taxes

Where assessee had not claimed impugned amount as deduction disallowance under section 40(a)(i) could not be made by AO.…

ACIT v. Seema Devi Bansal

  Section 2(22)(e)   Direct Taxes

Trade and commercial transactions are not covered in the definition of ‘loans and advances’ on which section 2(22)(e) can be applied. When the company got back its funds on the same day, it…

CIT v. Max India Limited

  Section 14A   Direct Taxes

Where assessee’s borrowings of interest bearing funds got increased during the year, it could not be presumed that such borrowed funds were utilized for the purpose of investing in assets…

Kirtiman Cements & Packaging Industries Ltd. v. ACIT

  Section 72   Direct Taxes

Provisions of law on unabsorbed deprecation which is allowed as depreciation of current year under section 32(2) fall in section 71 and not under section 72, as such, allowable as ‘business…

Ayub Ali v. ACIT

  Section 40A(3)   Direct Taxes

Cash payments exceeding prescribed monetary limit under section 40A(3) towards electricity bills to Rajasthan State Electricity Board (RSEB) was rightly justified because there was business…

Dy. CIT v. Sushrut Institute of Plastic Surgery (P) Ltd

  Section 271(1)(c)   Direct Taxes

Since assessee had included the surrendered amount in its revised return and no such concealment or non-disclosure was made as assessee had made a complete disclosure of income in its revised…

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