Courts: Delhi High Court
5,199 articlesIncome Tax
Income Tax
Losses from share trading through sister concern at a lowest market price are ‘artificial losses’ & not allowable
Income Tax
Income Tax
No penalty U/s. 271D for dealing in cash deposits with rural dwellers, being a reasonable cause for failure
Income Tax
Income Tax
Penalty order quashed by HC as authorities up to ITAT level were not clear about facts
Income Tax
Income Tax
Tax Payment allowable on payment basis irrespective of year of accrual
Income Tax
Income Tax
For reopening there must be ‘tangible material, bearing a ‘live link with formation of belief’
Income Tax
Income Tax
Business income of trust eligible for Exemption U/s. 11 if it is incidental to its objects
Income Tax
Income Tax
Even if partners not examined during assessment documents seized from them still a material evidence
Income Tax
Income Tax
Allowability of depreciation on leased out LPG cyclinders, Air Jet Spindle Assembly & Positar Disc
Income Tax
Income Tax
Whether commission paid to directors were allowable expenditure u/s. 36(1)(ii)?
Income Tax
Income Tax
HC Explains 3 Criteria to judge if an entry is accommodation entry or not?
Corporate Law
Corporate Law
HUF cannot be a partner in firm but it is competent to the manager or karta acting on behalf of the HUF to enter into a valid partnership
Income Tax
Income Tax
Machinery kept ready for use, but no actually used are entitled to depreciation
Income Tax
Income Tax
Seismic services taxable under specific s. 44BB not under general s. 44DA
Income Tax
Income Tax
