"19 April 2021" Archive - Page 4

Deduction of amounts paid towards education cess allowable

Piaggio Vehicles Private Limited Vs ACIT (ITAT Pune)

Piaggio Vehicles Private Limited Vs ACIT (ITAT Pune) Whether education cess can be allowed as deduction? The Ld. Senior Counsel for the assessee has placed strong reliance on the decision of the Hon’ble Bombay High Court in the case of Sesa Goa Limited Vs. Joint Commissioner of Income Tax, (2020) 107 CCH 0376 MumHC, Tax […]...

Read More

LED lights & air-conditioners- Government approves Rs 6,238 crore PLI scheme

With it objective to make India an ‘Atmanirbhar Bharat’, another initiative was approved by the Central Government in the form of Production Linked Incentive (‘PLI’) Scheme for White Goods (Air Conditioner and LED Lights) with a budgetary outlay of 6,238 crore. Period of implementation – The scheme will be implemented over t...

Read More
Posted Under: Income Tax |

Delhi HC to hear only urgent matters filed in 2021

Notification No.:1/R/RG/DHC/2021 18/04/2021

In continuation of this Court’s Office Order No.223/RG/DHC/2021 dated 8.4.2021, keeping in view the alarming rise in the Covid-19 cases in the NCT of Delhi, it has been ordered that all the Hon’ble Benches of this Court shall, with effect from 19.04.2021, take up extremely urgent matters filed in the year 2021 only....

Read More
Posted Under: Income Tax |

CST Assessment without giving sufficient opportunity is invalid; HC imposes Cost

Spacewood Furnishers Pvt. Ltd. State of Telangana (Telangana High Court)

Spacewood Furnishers Pvt. Ltd. State of Telangana (Telangana High Court) In the last one year, we have noticed at least 200 cases where the Assessing Officer under the CST Act has not issued show cause notice or if they issued notice, they have not considered the response of the assessees, and mechanically confirmed the demand […]...

Read More

Madras HC directs Govt to Facilitate uploading of Form TRAN-1

Anand Distributors Vs Union of India (Madras High Court)

Anand Distributors Vs Union of India (Madras High Court) There can be no doubt that the petitioner made effort to upload the details in the web portal. Even according to the respondents, though Rule 117 of CGST Rules, 2017, originally stipulates that Form TRAN-1 is filed within 90 days, there was a periodical extension and […]...

Read More

GST department withdraws summon issued without application of mind

Ankit Bindal Vs Pr. Commissioner of Central Goods And Services Tax Delhi North (Delhi High Court)

Ankit Bindal Vs Pr. Commissioner of Central Goods And Services Tax Delhi North (Delhi High Court) Delhi HC Stays Impugned Summons and Withdrawn Finally Being Indiscriminate A. Petitioners’ challenged summons issued by CGST, North Delhi Commissionerate on the grounds that:- 1. Summons are vague and require Petitioners’ to produce docum...

Read More

Limitation not applicable to refund of customs duty paid in excess

DHL Express India Pvt Ltd Vs Commissioner of Service Tax (Karnataka High Court)

DHL Express India Pvt Ltd Vs Commissioner of Service Tax (Karnataka High Court) In the present case, duty of customs payable on the transaction in question under the statute is Rs.4,743/-, which has been admitted by the respondent and on account of erroneous calculation, the duty has been paid in excess to the tune of […]...

Read More

SC issues Directions for Expeditious Trial of Cheque Bounce Cases | Section 138 | NI Act

In Re Expeditious Trial of Cases Under Section 138 OF N.I. Act 1881 (Supreme Court of India)

In Re Expeditious Trial of Cases Under Section 138 of N.I. Act 1881 (Supreme Court) 1) The High Courts are requested to issue practice directions to the Magistrates to record reasons before converting trial of complaints under Section 138 of the Act from summary trial to summons 2) Inquiry shall be conducted on receipt of […]...

Read More

CSR expenses by Govt Companies under Govt directions allowable

RITES Limited Vs Addl. CIT (ITAT Delhi)

RITES Limited Vs Addl. CIT (ITAT Delhi) Perusal of the assessment orders goes to prove that AO has mechanically disallowed the claim of expenditure made by the assessee company towards Corporate Social Responsibility (CSR) and sustainable development without analyzing the fact that assessee company being a Government undertaking is requir...

Read More

Demand due to denial of Section 80P deduction- Stayed by HC till disposal of Appeal by CIT(A)

Poothrikka Service Co-Operative Bank Ltd. Vs ITO (Kerala High Court)

Poothrikka Service Co-Operative Bank Ltd. Vs ITO (Kerala High Court) The question which is pending for adjudication before the appellate authority is whether the petitioners who are co-operative Societies are entitled for deduction under Section 80 (P) of the Income Tax Act. The Assessing Officer has denied the benefit of Section 80 (P) o...

Read More

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930