Courts: Punjab and Haryana HC
744 articlesIncome Tax
Income Tax
Where assessee files its return u/s 44AD, it is not under obligation to explain individual entry of cash deposit
Income Tax
Income Tax
After acquisition and vesting of all rights of a land in State, mere speculative right to receive compensation/enhanced compensation is not and cannot possibly be treated as an asset under section 2(ea) of the Wealth-tax Act
Excise Duty
Excise Duty
Whether penalty U/s. 11AC of Central Excise Act is mandatory
Service Tax
Service Tax
Section 65: Finance Act does not talk of a tourist permit issued under Motor Vehicles Act, but it only speaks of user of tourist vehicle by tour operator
Income Tax
Income Tax
Tax planning is valid. As McDowell (5 judges) has been explained in Azadi Bachao (2 judges), the latter is binding
Income Tax
Income Tax
Loss on purchase and sale of units issued by UTI not a speculative loss and not a colourable device even if entered into with a motive to avoid taxes
Income Tax
Income Tax
Genuine transactions with tax saving motive are valid
Income Tax
Income Tax
Value of house under construction including investment on construction is not liable to wealth-tax
Service Tax
Service Tax
Service tax not applicable on sale component of consideration for photography service
Income Tax
Income Tax
Pinegrove International Charitable Trust v. UOI (P&H High Court)
Income Tax
Income Tax
Benefit of section 10(23C)(v) cannot be denied merely because there are profits
Income Tax
Income Tax
TDS not deductible on freight chargers shown separately in Goods Purchase Bill
Income Tax
Income Tax
Expenditure on consultancy for restructuring of company is allowable deduction u/s 37(1) of Income Tax Act, 1961
Income Tax
Income Tax
