Latest Statutes

Income Tax

View all

In case of person other than on whom search was conducted, the material belonging or relating to such person was seized or requisitioned, the AO had to proceed under section 153C instead of section 14 ... Read more..

Once the books of account are rejected, it does not warrant any ad-hoc addition. ... Read more..

Where substantial addition made in the hands of beneficiary was deleted by Tribunal, the protective addition made in the hands of assessee, was liable to be deleted. ... Read more..

Goods and Services Tax

View all

Where the Show Cause Notice itself was completely cryptic because the ground on which the SCN was issued, was contrary to actual findings, as at the time of the physical verification, the assessee him ... Read more..

Where assessee was not granted sufficient time either for filing reply manually or appear for personal hearing, as the assessee came to know of the issuance of reminder notice after the lapse of the d ... Read more..

Where contention that the assessee was a loss-making unit and there ought to be no insistence for 10% pre-deposit was entirely misconceived, no case was made out for the exercise of review jurisdictio ... Read more..

Company and Corporate Laws

View all

ED had provided a number of opportunities to appellants to present his defence during course of adjudication proceedings, but they had only sought repeated adjournments, therefore, order of imposition ... Read more..

Appellant allowed main accused to use name of his firm for import of books, who had made over-invoicing of imported books and made unauthorised remittances in foreign exchange through the firm, the ap ... Read more..

Financial creditor filed bank confirmation agreement, accounts statement and other evidences, which proved that there was a debt and default on the part of corporate debtor, therefore, application und ... Read more..


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

Tax collected at source under section 206C(1H) but no Tax deducted under section 194Q

Whether interest under section 201(1)/201(1A) or Penalty under section 271H can be levied


390K +

Judgments

14K +

Articles & Queries

52K +

Statutes

334 +

Bare Acts