Day: November 21, 2022
69 articlesIncome Tax

Income Tax
Disallowance u/s 40(a)(i) of management fees to AE unsustainable as amount not taxable in India
Custom Duty

Custom Duty
Presumption of smuggled goods without evincing illicit trafficking is incorrect
Income Tax

Income Tax
Genuineness of transaction examined during regular assessment cannot be base for reassessment
Corporate Law

Corporate Law
Resolution professional directing payment of gratuity in absence of gratuity fund is unjustified
Excise Duty

Excise Duty
Disputed Cenvat Credit claim of Assessee cannot be denied by mechanically invoking 6% Rule
Income Tax

Income Tax
Section 80IC: Year of substantial expansion is initial assessment year within the period of 10 years
Income Tax

Income Tax
Percentage completion method followed by the developer is acceptable
Income Tax

Income Tax
Cash Deposit during Demonetization Period – AO must do comparative analysis of cash deposits with sales
Income Tax

Income Tax
Appeal shall be revived once appellant violates any of the condition under DTVSVS Act, 2020
Income Tax

Income Tax
Addition upheld as genuineness of purchase and sale of shares not explained
Excise Duty

Excise Duty
Period of limitation doesn’t apply to refund claim of amount reversed under protest
Company Law

Company Law
Advance payment is covered within the definition of Operational Debt
Service Tax

Service Tax
Service relating to power transmission exempted from service tax
Income Tax

Income Tax
