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Archive: 17 May 2022

Posts in 17 May 2022

Delhi HC Directs Centre to Fill Up Vacant Posts in Central Excise & Service Tax Settlement Commissions

May 17, 2022 1746 Views 0 comment Print

Yashpal Singh Vs Union of India (Delhi High Court) The Delhi High Court has directed the Centre that the process of appointment of Chairman and one Member for the Principal Bench at Delhi and appointment of Vice-Chairman and one Member for the Additional Bench at Mumbai be completed within six weeks. It further direct the […]

Daughter in Law cannot Claim Maintenance from Her Father in Law (FIL) if FIL not inherited any Estate from his son

May 17, 2022 21285 Views 0 comment Print

Laxmi & Anr Vs Shyam Pratap & Anr. (Delhi High Court) The petitioners have claimed maintenance under the Act 1956. Section 19 of the Act provides for maintenance to a widowed daughter-in-law. The daughter-in-law can claim maintenance from her father-in-law provided he has inherited some estate of her husband. The appellant has failed to disclose […]

Change of opinion not constitutes reason to believe for Income escapement

May 17, 2022 1671 Views 0 comment Print

Change of opinion does not constitute justification and/or reason to believe that income chargeable to tax has escaped assessment.

Section 40A(3) : Cash payment to Labour contractor on principal-to-principal basis not allowable

May 17, 2022 16674 Views 0 comment Print

The case of the assessee is that the payments were covered under clause (k) of Rule 6DD, which provides that no disallowance will be made where the payment is made by any person to his agent who is required to make payment in cash for goods or services on behalf of such persons.

No addition for cash deposited below Rs. 2.5 Lakh during demonetization period

May 17, 2022 6624 Views 0 comment Print

Whether any addition can be made and confirmed in the hands of assessee on account of cash deposit of Rs.2,30,000- during demonetization

Return not become defective for mere mismatch in income as per ITR & Form 26AS

May 17, 2022 24903 Views 0 comment Print

Mismatch in income returned in ITR and FORM 26AS is not covered within purview of Explanation (a) to section 139(9) (Defective Return)

Security Deposit or Bank Guarantee condition cannot be imposed merely for Weak Financial Condition of a Party

May 17, 2022 3993 Views 0 comment Print

Manish Aggarwal Vs RCI Industries And Technologies Ltd. (Delhi High Court) In the present case, quite clearly, the learned Sole Arbitrator has declined to grant the interlocutory order sought by the appellants in exercise of his discretionary power under section 17 of the A&C Act. Has this discretionary power been exercised in a manner that […]

ITAT allows Section 12AA registration to entity developing training & research centre to facilitate skill development

May 17, 2022 1470 Views 0 comment Print

Object to develop training and research centre to facilitate skill development to entire chain of work force engaged at various levels in garment and textile industry entitle for registration under provisions of Section 12AA.

HC condones delay of 3330 Days occurred due to Inaction of Advocate

May 17, 2022 12051 Views 1 comment Print

Condoning delay of 3330 Days HC held that a party should not suffer due to inaction of advocate & matter should be decided on merits

In Revision proceedings CIT cannot travel beyond reasons given by him in SCN

May 17, 2022 2082 Views 0 comment Print

PCIT Vs . Universal Music India Pvt. Ltd. (Bombay High Court) Issues (a) Whether on the facts, in the circumstances of the case and as per law, the Hon’ble ITAT has erred in holding that in the revision proceedings the CIT cannot travel beyond the reasons given by him for revision in the show-cause notice […]

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