Day: October 28, 2012
17 articlesIncome Tax
Income Tax
Filing returns without full particulars fell within the mischief of section 271(1)(c)
Service Tax
Service Tax
In case of common services credit attributable to trading activity is required to be reversed
Income Tax
Income Tax
Deduction u/s. 80-IB(10) cannot be denied for unauthorised excess construction
Income Tax
Income Tax
Penalty cannot be levied for mere rejection of debatable claim
Income Tax
Income Tax
Approval U/s. 10(23C)(vi) cannot be refused on Mere inference by DGIT(E) as to irregularities in accounts
Income Tax
Income Tax
Penalty not justified for disallowance of Bona fide claim
Income Tax
Income Tax
Simply paying share application money not entitle any applicant of shares to allotment of shares
Income Tax
Income Tax
Interest on debt capital borrowed from shareholders can not be disallowed as thin capitalization rules not in force
Service Tax
Service Tax
Insurance of vehicles used in transportation of goods / employees is input service
Income Tax
Income Tax
No S. 80(IB)(10) denial for mere delay in permission for business
Income Tax
Income Tax
Disallowance of consultancy charges partly u/s. 40A(2) without determining market value not justified
Income Tax
Income Tax
Interest u/s 132B is allowable on entire sum seized regardless of any post-assessment adjustments
Service Tax
Service Tax
Commissioner (Appeals) do not have power of remand under Service Tax Laws
Income Tax
Income Tax
