Learn about the Supreme Court of India’s decision on classifying telecom license fees as capital expenditure, and how it affects taxation and business operations
Learn about Supreme Court’s decision regarding extension of limitation period for filing written statements during Covid-19 pandemic. Analysis and implications.
The case revolved around an order issued under Section 263 of Income Tax Act. The issue at hand was whether absence of the DIN in order rendered it invalid, despite subsequent communication.
Supreme Court upheld an order by Settlement Commission granting immunity from penalty and prosecution, emphasizing importance of full disclosure and cooperation.
Rohit Chaudhary & Anr. Vs Vipul Ltd. (Supreme Court of India) Sub- Whether-delay in delivery of office space by a builder is a dispute maintainable under the Consumer Protection Act and consequently the purchaser of such commercial space is eligible to get the refund of money with interest? This judgement will be helpful in dealing […]
Understand Supreme Court’s verdict on taxing surplus funds and FD interest income of clubs. Analysis of mutuality principle and its implications. Learn more.
Durga Trading Company & Anr. Vs Deputy Director of Income Tax & Ors. (Calcutta High Court) Introduction: In the case of Durga Trading Company & Anr. v. Deputy Director of Income Tax & Ors., the Calcutta High Court examined the validity of an income tax assessment order, focusing on the violation of natural justice. This […]
Punjab and Haryana High Court Upheld order of Assistant Excise and Taxation Officer’s order, citing mala fide intent to evade taxes in Bright Road Logistics v. State of Haryana.
Analysis of Jay Shree Tea And Industries Limited Vs ACIT in Calcutta High Court. Judgement on delay in approaching writ court, AY 2013-14. Full text.
Analysis of C & E Limited Vs PCIT case on disallowance of deduction u/s 80IC in subsequent years. Examining the legality & Calcutta High Court’s decision.
