Courts: Punjab and Haryana High Court
Find latest Punjab and Haryana High Court judgments, orders and case laws on Income Tax, GST, Customs, Company Law and other taxation and commercial matters.
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
Tax planning is valid. As McDowell (5 judges) has been explained in Azadi Bachao (2 judges), the latter is binding
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
Genuine transactions with tax saving motive are valid
Value of house under construction including investment on construction is not liable to wealth-tax
Service tax not applicable on sale component of consideration for photography service
Pinegrove International Charitable Trust v. UOI (P&H High Court)
Benefit of section 10(23C)(v) cannot be denied merely because there are profits
TDS not deductible on freight chargers shown separately in Goods Purchase Bill
Expenditure on consultancy for restructuring of company is allowable deduction u/s 37(1) of Income Tax Act, 1961
Distance of 2 kms from municipal limits of city for the purpose of section 2(14)(iii) has to be taken in terms of approach by road
Provision of section 41(1) not applicable where assessee is still showing some amount as liability in its books and not written off the same
Merely because liability is outstanding for the last six years, it cannot be presumed that the same has ceased to exist
Section 14A disallowance cannot be made if no expenditure found to be incurred to earn exempt income
Punjab and Haryana High Court judgments and orders provide important precedents on taxation, commercial, corporate and other legal matters. This TaxGuru page brings together Punjab and Haryana High Court case laws concerning Income Tax, GST, Customs, tax demands, reassessment, deductions, penalties, Company Law and other disputes relevant to taxpayers and businesses. Chartered Accountants, advocates, companies, tax professionals and other readers can use this collection to research judicial precedents and follow important legal developments. TaxGuru publishes recent as well as significant earlier Punjab and Haryana High Court decisions with summaries and analysis explaining the principal issues and legal findings. This dedicated page provides a convenient resource for researching tax, business, commercial and regulatory jurisprudence of the Punjab and Haryana High Court.
