Courts: Madras High Court
Find latest Madras High Court judgments, orders and case laws on Income Tax, GST, Customs, Company Law, IBC and other tax and commercial matters.
Section 50 would apply only to cases where ‘assessee’ had obtained depreciation
Benefit of indexation not available on depreciable Assets
Foreign Lawyers cannot practice law in India – Madras High Court
Taxability of waiver of principal amount of loan taken for purchase of capital asset or remission of trading liability
Would the procurements of parts and assembling them to make windmill fall within the meaning of “manufacture” and “production” to be entitled for deduction under section 80-IB?
Gratuity Payable only if employee put in 5 years of service – HC
Whether the assessee, a partner of the firm, is entitled to deduction u/s 48(2) while computing the long term capital gain for which the firm has already claimed deduction u/s 48(2)?
ITAT President has no authority to record the Annual Confidential Reports (ACRs) of the Members – HC
Assessee can avail 80-IA deduction in respect of notional profit on account of power generation from its own captive power plant and utilised by itself – Madras HC
Provision made to incentivise performance of workers cannot be disallowed u/s 43B(c)
Merely because commission is paid to the employees, they do not cease to be employees under the PF Act
Interest income on trade advance given by a credit institution towards purchase of machinery for which the delivery is delayed, is not covered under the definition of ‘interest’ as defined u/s 2(5A)
Allowance cannot be made merely because future payments were made out of the funds said to be kept in the suspense account
In case of loss making company valuing goodwill at 10% of the total consideration, without any material on record not sustainable
Madras High Court judgments and orders constitute an extensive source of jurisprudence concerning taxation, corporate and commercial disputes. This TaxGuru page brings together Madras High Court case laws on Income Tax, GST, Customs, Company Law, insolvency, input tax credit, refunds, reassessment, tax demands, penalties and other legal matters. Taxpayers, companies, Chartered Accountants, advocates and tax professionals can use this collection to research judicial precedents and follow developments affecting tax and business law. TaxGuru publishes recent and significant earlier Madras High Court decisions with summaries and analysis highlighting important issues and legal principles. The page provides a convenient resource for researching taxation, corporate, commercial and regulatory litigation before the Madras High Court.
