Day: July 1, 2022
79 articlesIncome Tax
Income Tax
Disallowance of interest on ad hoc basis on the plank that Interest-Bearing Funds are diverted not admissible
Income Tax
Income Tax
No section 271B penalty if Assessee could not maintain books of accounts
Income Tax
Income Tax
Section 271(1)(c) Penalty not sustainable if failure in Disclosure of Income was unintentional
Income Tax
Income Tax
Claims not part of resolution plan, shall stand extinguished
Custom Duty
Custom Duty
Order without finding for deciding the classification of goods – CESTAT remands matter back
Income Tax
Income Tax
No section 69 addition for cash received for House Rent & Agricultural Land deposited during Demonetization
Excise Duty
Excise Duty
CESTAT reduces penalty imposed on Chairman/MD for improper accounting of finished goods under Excise Law
Income Tax
Income Tax
Cash loss due to embezzlement by employees allowable in year of discovery
Income Tax
Income Tax
Addition justified for Sham Transaction of receipt of donation
Service Tax
Service Tax
No Service tax on Reimbursement of ‘Office Expenses’
Service Tax
Service Tax
Services for sports facilities owned by State not chargeable to service tax
Income Tax
Income Tax
Assessment Order passed before Due Date of Submission of Documents violates Principle of Natural Justice
Income Tax
Income Tax
Foreign Exchange Fluctuation in Current Assets & Liabilities allowable
Income Tax
Income Tax
