Articles by this Author
Income Tax
Income Tax
AO had no power to review but having power to re-assess
Custom Duty
Custom Duty
No penalty on confiscated gold bar in the presence of cogent evidence
Corporate Law
Corporate Law
Request by Bank for issuance of ‘Look Out Circular’ for recovery of dues was unjustified unless it affects economic interest of country
Custom Duty
Custom Duty
Maximum time limit is 60 days for demurrage & detention charges waivers
Income Tax
Income Tax
Expenditure for setting-up of business allowable as deduction despite absence of business income
Goods and Services Tax
Goods and Services Tax
Allowability of VAT Exemption to Rusk as the same was classifiable as ‘Bread’
Income Tax
Income Tax
Social welfare expenses incurred at workplace & nearby villages allowable
Income Tax
Income Tax
Addition justified if assessee fails to explain nexus between interest expense & other source income
Corporate Law
Corporate Law
Section 148 Negotiable Instrument Act order were interlocutory in nature & not revisable
Corporate Law
Corporate Law
Every offence under section 147 of Negotiable Instruments Act was compoundable
Service Tax
Service Tax
Absence of segregation of credit taken on ‘Input Services’ would restrict application of correct ratio as per CENVAT Credit Rules.
Service Tax
Service Tax
Refund of Excess Service Tax along with Interest was allowable to Delhi And District Cricket Association
Income Tax
Income Tax
No invocation of sec 68 if assessee filed ITR u/s 44AD without maintaining books of account
Income Tax
Income Tax
