Articles by this Author
Income Tax

Income Tax
Insolvency & Bankruptcy Code, 2016 has an overriding effect on all acts
Corporate Law

Corporate Law
Bail not granted as applicant doesn’t qualify twin conditions of Section 45 of PMLA
Custom Duty

Custom Duty
Conditions for claiming benefit of exemption notification no. 52/2003 are to be strictly interpreted
Income Tax

Income Tax
Penalty u/s 271(1)(c) not leviable for bona fide wrong claiming of depreciation
Income Tax

Income Tax
Fresh assessment order in pursuance of order u/s 254, 263 or 264 should be made within 9 months
Income Tax

Income Tax
Assessment order violating directions of DRP is liable to be quashed
Income Tax

Income Tax
ESOP expense incurred wholly & exclusively for business is eligible for deduction u/s 37
Income Tax

Income Tax
Reopening of assessment without any new information is unjustified
Excise Duty

Excise Duty
Cenvat credit not deniable as services settled to be eligible input service
Custom Duty

Custom Duty
Revocation of customs broker licence justified on failure to verify correctness of documents
Income Tax

Income Tax
Education cess paid by assessee is not allowable as expense u/s. 37
Income Tax

Income Tax
Sale of property taxable under capital gain as property held for considerable longer time period
Excise Duty

Excise Duty
Denial of cenvat credit of towers used to rendering telecommunication service beyond limitation period unsustainable
Income Tax

Income Tax
