Income Tax

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Where assessee challenged assessment order by way of writ petition on the ground of breach of principles of natural justice due to non-consideration of adjournment request by AO, assessee was directed ... Read more..

Where addition under section 68 was made on the basis of alleged availment of accommodation entry through bogus billing without independent examination of transaction and revenue did not controvert as ... Read more..

Where order under section 148A(d) and notice under section 148 were issued by AO at Kolkata and assessee challenged the same by way of writ petition before Bombay High Court, assessee was directed to ... Read more..

Goods and Services Tax

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Since the orders were appealable orders before the Appellate Authority under section 107 of the CGST Act, the assessee was directed to avail of its Appellate remedies in respect of the orders. ... Read more..

Where the Appellate Authority rejected the appeal for want of proper authorisation without considering the submission of the POA, further, he held that the evidence/documents submitted by the assessee ... Read more..

Where assessee did not file his returns even within the extended period of 60 days from the date of best judgment assessment order due to his ill health, the said delay can be condoned as the reasons ... Read more..

Company and Corporate Laws

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Application under section 7 for initiating CIRP against the corporate debtor is not liable to be rejected where the debt and its default by virtue of corporate debtor is being acknowledged by evidence ... Read more..

Appellant claimed a sum towards damages for loss suffered due to non-performing machinery and equipment, but supplier was not called upon to replace the plant and machinery and it failed to do so with ... Read more..

Applicant filed an application for grant of bail, which was allowed by High Court, but the High Court failed to consider mandatory requirements of section 45 and to record its satisfaction whether any ... Read more..


TDS and TCS

Failure to deduct tax under section 194Q

Capital Gains

Computation of capital gain vis-a-vis indexation--Investment in section 54EC Bonds

Capital Gains

Transfer of agricultural land on which no agricultural activities carried out--Exemption whether available

Charitable Trust

Registration under section 12AB or Approval under section 10(23C)(vi)--Gross Receipts likely to exceed Rs. 5 Crore limit

Capital Gains

Taxability of Transferable Development Rights (TDR)

Charitable Trust

Exemption under section 12AB vis-a-vis under section 10(23C)(iiiad)--Gross Receipts Reduced from 5 Crore limit


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Articles & Queries

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Statutes

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Bare Acts