Courts: Delhi High Court
5,198 articlesIncome Tax
Income Tax
TPO can compute ALP after giving assessee opportunity to produce evidence in support of ALP computed by him
Income Tax
Income Tax
A low rate of gross profit, in absence of any material pointing towards falsehood of accounts books, cannot by itself be a ground to reject account books under section 145(3)
Income Tax
Income Tax
Special Auditor, to whom work is assigned, is very much at liberty, to insist upon payment of such fee/remuneration as he may deem adequate for work assigned to him
Income Tax
Income Tax
Penalty attracted If claim made by assessee besides being incorrect in law and malafide
Income Tax
Income Tax
Interest on Non Performing Assets which is doubtful of recovery, taxable on receipt basis
Income Tax
Income Tax
DRP must not have "perfunctory approach"- Delhi High Court
Income Tax
Income Tax
Exemption U/s. 10(23C)(vi) cannot be denied merely because there is a surplus
Income Tax
Income Tax
Delhi HC rules block assessment order on protective basis Permissible even for block assessment u/s 158BC and 158BD
Income Tax
Income Tax
Revision under Section 263 Void If Contrary to Consistency Law
Income Tax
Income Tax
CIT’s Sanction u/s 148/151 of the Income Tax Act if mechanical and without reasons is invalid
Income Tax
Income Tax
Delhi High Court rules that additional provision for warranty is revenue expenditure
Income Tax
Income Tax
Allowability of depreciation on Assets forming part of Block of Assets if the same was not used during the year
Income Tax
Income Tax
Payment for use of transponder capacity for up-linking /downlinking data would not constitute royalty
Custom Duty
Custom Duty
