Courts: Calcutta High Court
1,636 articlesIncome Tax
Income Tax
Only profit on the sale of the licence should be chargeable to tax under s 28(iiia) and not the profit which may come in the future on the sale of the licence
Income Tax
Income Tax
An assessee cannot be said to be a defaulter in payment of advance tax if he had no liability to pay any advance tax under s 208 on any of the due dates for payment of the advance tax
Income Tax
Income Tax
Discount offered by cellular companies to distributors on SIM cards and recharge coupons is in the nature of ‘commission’ on which tax is required to be withheld
Income Tax
Income Tax
For deriving the benefit of section 22, the occupier and the owner must be the same person and hence the benefits are not available to partners if the occupant is firm
Income Tax
Income Tax
Foreign travel expenditure of the spouse of the Managing Director, pursuant to the board resolution, is allowable as business expenditure
Income Tax
Income Tax
Genuineness of transaction, being essentially a question of fact, cannot be lawfully raised for the first time before the Tribunal
Income Tax
Income Tax
Grounds raising new questions which are essentially questions of fact cannot be permitted to be raised before high court and the Revenue in terms of sub-section 4 of Section 260A
Income Tax
Income Tax
Rectification of an order does not mean deletion of the order originally passed and its substitution by a new order
Company Law
Company Law
Company Law – HC dismisses Petition filed under section 397 and 398 of the Companies Act 1956 as Cause of action no longer survives
Income Tax
Income Tax
AO should include fictitious transactions in block Assessment instead of regular Assessment
Income Tax
Income Tax
Blending of different types of tea comes within the purview of the word ‘processed’ within the meaning of s 80HHC(3)(a) of the Act
Income Tax
Income Tax
Whether the Explanation to section 73 can be applied to sections 70, 71 and 72 and in determining the gross total income
Income Tax
Income Tax
The Proviso to section 113 imposing surcharge on block assessments is retrospective in operation
Income Tax
Income Tax
