section 254 articles

Third Proviso to Section 254(2A) of Income Tax Act is Arbitrary & Unconstitutional

The three-judge bench of Supreme Court of India in the case of Deputy Commissioner of Income Tax v. M/S Pepsi Foods Ltd struck down the third proviso of Section 254(2A) of Income Tax Act (Act) as unconstitutional and violative of Article 14 of the Constitution of India on account of being arbitrary and discriminatory in nature....

Read More
Posted Under: Income Tax |

Prosecution – made more simpler for revenue

Pr. Commissioner of Income Tax Vs Income Tax Appellate Tribunal (Punjab & Haryana HIgh Court at Chandigarh)

A perusal of this order reveals that the Tribunal has recorded a finding that it is empowered by Section 254 of the Act to stay prosecution. The said finding is the bone of contention between the parties. Pr. Commissioner of Income Tax Vs. Income Tax Appellate Tribunal, Delhi Bench (Punjab & Haryana HIgh Court at Chandigarh),...

Read More

Browse All Categories

CA, CS, CMA (5,724)
Company Law (7,665)
Custom Duty (8,712)
DGFT (4,623)
Excise Duty (4,527)
Fema / RBI (4,815)
Finance (5,182)
Income Tax (38,420)
SEBI (4,133)
Service Tax (3,777)

Search Posts by Date

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930