Courts: Punjab and Haryana HC
744 articlesService Tax
Service Tax
Services directly or indirectly used in relation to manufacture of final products are eligible for Cenvat credit
Income Tax
Income Tax
Reassessment u/s 147 not permitted for failure of AO to draw correct inference from details disclosed by assesse
Income Tax
Income Tax
Exemption u/s 54B can be claimed for long term & short term assets; land purchased has to be in the name of assesse
Income Tax
Income Tax
Interest u/s 215 cannot be levied if partner had paid advance tax in individual capacity on bonafide estimate of firm’s income
Income Tax
Income Tax
Comparable which is to be considered as a benchmark for comparing with comparable company should belong to year under consideration
Income Tax
Income Tax
Comparable Selected in TP study should be functionally same & not necessarily to be identical
Goods and Services Tax
Goods and Services Tax
State Govt did not have power to legislate Rule 21(8) of Punjab VAT Rules
Income Tax
Income Tax
Warranty expense provision based on past experience & trend is allowable expense
Income Tax
Income Tax
Consideration bifurcated for negative covenants in share purchase agreement is not chargeable to tax
Income Tax
Income Tax
CIT can look into genuineness of activities of trust to satisfy himself about its activities
Income Tax
Income Tax
CIT can reject registration of society u/s 12AA if charitable objects are missing: HC
Income Tax
Income Tax
AO not empowered to refer matter to DVO without rejecting books of accounts: HC
Income Tax
Income Tax
Matter not raised before tribunal cannot be raised before High Court
Goods and Services Tax
Goods and Services Tax
