Type: Judiciary
66,432 articlesCorporate Law
Corporate Law
Even in absence of a provision, Beneficial statute may be held to be retrospective in nature
Income Tax
Income Tax
No Penalty for cash loan accepted out of business exigencies
Income Tax
Income Tax
Penalty cannot be imposed merely for subsequent higher disclosure of income
Income Tax
Income Tax
CIT v. Poompuhar Shipping Corporation Ltd. (2006) 282 ITR 3 (Mad)
Income Tax
Income Tax
CIT v. Kurban Hussain Ibrahimji Mithiborwala [1971] 82 ITR 821 (SC)
Income Tax
Income Tax
Corporate Veil can be lifted if attempt is to ‘evade’ taxes
Corporate Law
Corporate Law
Doctrine of fairness also to be considered for construing a statute – SC
Excise Duty
Excise Duty
Whether the yearly ‘declaration’ filed, by a small scale manufacturer can be treated as a ‘return’ under Sec. 32E(1) of the Central Excise Act.
Income Tax
Income Tax
Revenue cannot recover demand to the extent of TDS deducted despite non payment by deductor
Income Tax
Income Tax
