#section 28
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469 articlesIncome Tax

Income Tax
Business Continuation Test: SC Confirms Temporary Lull Allows Depreciation & Expense Deductions
Income Tax

Income Tax
Surrendered income during survey cannot be treated as unexplained income so higher tax u/s. 115BBE not justified
Income Tax

Income Tax
RFCTLARR Act Wins: Section 56(2)(viii) Shown the Door- When Land Is Exempt, Interest Also Is – ITAT Schools Revenue
Income Tax

Income Tax
No Double Taxation: ITAT Pune Deletes ICDS and Provision Reversal Additions Due to Consistent Accounting
Custom Duty

Custom Duty
DGCEI appointed as officer of Customs hence authorize to demand differential duty u/s. 28
Custom Duty

Custom Duty
License fee paid for the right to use software couldn’t be included in the customs valuation of imported CDs
Custom Duty

Custom Duty
No combined penalty u/s 112, 114A, and 114AA for mis declared fabric consignment, CESTAT directed reconsideration in Customs Duty dispute
Custom Duty

Custom Duty
Order quashed as declared assessable value of imported black pepper accepted
Corporate Law

Corporate Law
Successful Resolution Applicant cannot be forced to deal with claim that resolution plan
Income Tax

Income Tax
Exemption u/s. 10(37) admissible on interest received on enhanced compensation
Income Tax

Income Tax
Interest earned by co-operative society from fixed deposit with banks is eligible for deduction u/s. 80P(2)(a)(i)
Custom Duty

Custom Duty
Project Import Regulations not violated when auxiliary equipment re-deployed post project completion
Income Tax

Income Tax
Interest on Enhanced Compensation for Acquired Exempt Agricultural Land Not Taxable
Income Tax

Income Tax
