Month: October 2023
1,255 articlesIncome Tax

Income Tax
Penalty u/s 270A not imposable in absence of any malafide intention to claim excess deduction
Income Tax

Income Tax
Determination of ALP without applying methods prescribed u/s 92C is untenable
Custom Duty

Custom Duty
Provisional release of prohibited black pepper granted u/s. 110A of the Customs Act
Corporate Law

Corporate Law
Application of ED for declaring Mehul Choksi as a fugitive economic offender is acceptable
Income Tax

Income Tax
Interest on trade receivables u/s. 92B(1) determined by applying SBI short-term deposit rates
Income Tax

Income Tax
Addition u/s. 68 unsustainable as genuineness of depositors proved
Custom Duty

Custom Duty
Shipping bill amendment u/s. 149 allowed based on documents in existence at the time of export
Income Tax

Income Tax
Service relating to mining of natural resources not taxable in terms of India-Portugal DTAA
Income Tax

Income Tax
Deduction u/s 37(1) not allowable on interest paid on late payment of TDS
Income Tax

Income Tax
