Delhi HC: Difference in Layout is of No Consequence if Essential Feature of Trademark Infringed  ||  Allahabad HC: Parliament has Responsibility to Restrain Criminals from Entering Into Politics  ||  Delhi HC Refuses to Vacate Stay on Direction to Enforce CM's Speech Promising Rent Relief  ||  J&K&L HC: Judges Must Refrain from Making Derogatory Remarks Against Parties  ||  Delhi HC: Courts Should be Sensitive When Poor And Deprived Knock at its Doors  ||  CESTAT: Law Does Not Mandate Customs Broker to Physically Verify Address of Client  ||  Orissa HC: Appeal Can’t be Dismissed on Sole Ground of Non-Submission of Certified Order  ||  ITAT: Deposit of Banned Notes Received Out of Cash Sales During Demonetization Period is Valid  ||  ITAT: Arrangement Between Spouse Without Real Money Exchange Not Amount to Unexplained Investment  ||  ITAT: 100% Deduction U/S 80IC of IT Act allowable when Industry undergone Substantial Expansion    

Search Results for Tag : ITAT

Top Story

Government likely to release a new industrial policy aiming to promote 'Make in India'(30.08.2017)

The process to formulate new Industrial Policy began in May 2017 by The Department of Industrial Policy and Promotion. The new Industrial Policy will .....

Tags : Industrial policy, Release, Comments, Invitation



International Cases

Mere fact of pending internal appeal, by itself, not sufficient to justify finding of fact that it was not "reasonably practicable" to present complaint to tribunal(16.11.2016)

In instant case, claims lodged with tribunal were a claim of unfair dismissal, unlawful deduction of wages, breach of contract and sex discrimination......

Tags : Dismissal, Limitation, Jurisdiction



Court of Appeal (England and Wales) dismisses claim against VISA as time barred(05.08.2015)

In a case involving claims of unlawful restriction of competition, the Court of Appeal dismissed an appeal against summary judgment. It upheld the fin.....

Tags : Competition, limitation, england and wales, visa



It is permissible to add a firm to an existing complaint subsequent to an investigation. Initiation does not require any level of formality(02.05.2017)

Present appeal is against an order of Competition Tribunal in which Tribunal dismissed a series of in limine objections raised by Appellants. On 1st S.....

Tags : Collusive bidding, Investigation, Settlement, Invitation



While calculating limitation period in a midnight deadline case, there is complete undivided day following the expiry of deadline which has to be included in the same(21.05.2021)

The Appellants are the present trustees of a Trust (the “Trust”). They replaced the Respondents. Further the Trust had a share in a company called Cat.....

Tags : Midnight deadline, Limitation period



Statute

Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, 2016(30.05.2016)

The Ministry of Women and Child Development released the draftJudgments

Article 134 of Limitation Act, 1963 applicable “when sale becomes absolute” and not when sale was confirmed(11.01.2017)

Instant appeal arises out of order passed by High Court of Kerala allowing revision and thereby dismissing application filed by Appellant under Order .....

Tags : Sale, Possession, Delivery, Limitation



Bank is Liable to Pay Compensation, if the Original Title Deed had been Lost(20.02.2017)

Instant first appeal has been filed against the impugned order passed by Kerala State Consumer Disputes Redressal Commission vide which, Consumer Comp.....

Tags : Compensation, Entitlement, Limitation



Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC(05.03.2020)

The Appeal preferred by a Shareholder and Director of the Corporate Debtor challenging the order passed by the Adjudicating Authority (National Compan.....

Tags : Limitation period, Extension, Validity



Right to form association or union is subject to reasonable restriction in the interest of sovereignty or integrity of India, public order and morality(14.09.2020)

The Plaintiff is the Nuclear Power Corporation of India Limited located within the campus of Madras Atomic Power Station at Kalpakkam. It is a Governm.....

Tags : Agitation, Injunction, Legality



Period of limitation for filing objections has to be reckoned from date on which signed copy of award was made available to parties(02.03.2021)

The present Civil Appeal arises from a Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 by the Appellant to challenge the.....

Tags : Objections, Filing of, Limitation period



Provisions of Limitation Act would apply mutatis mutandis to proceedings under IBC in NCLT/NCLAT(05.04.2021)

Present Appeal has been filed by the Appellant-Mr. Thomas George who is director of the suspended Board of the Corporate Debtor Mathstraman Manufactur.....

Tags : Limitation Act, Provisions, Applicability



Limitation Act is applicable to arbitration proceedings initiated under Section 18(3) MSMED Act(29.06.2021)

Appeals are against impugned judgment by which the High Court, while referring to various provisions of the Arbitration and Conciliation Act, 1996 (19.....

Tags : Limitation Act, Provisions, Applicability



Statute of limitation extinguishes recourse to the remedy and not the debt(16.11.2021)

The Petitioner has filed the present petition under Section 34 of the Arbitration and Conciliation Act, 1996 ('A&C Act') challenging the Arbitral Awar.....

Tags : Debt, Limitation, Extension



Assessee cannot argue lack of jurisdiction after pursuing adjudication on merits(12.08.2015)

In a case where the Assessee after receiving a favourable interim order from the High Court chose to pursue adjudication on merits before the High Cou.....

Tags : customs, limitation, section 28



Failure of suit to comply with CPC at time of commencement does not lead to an automatic rejection of the plaint(24.08.2015)

The court cannot dismiss a suit or reject a plaint for the Plaintiff's failure to provide an affidavit in support of the pleadings at the time of comm.....

Tags : Commence, plaint, affidavit, limitation



Knowledge of a specific person against whom a suit can be instituted is required under “first learns”(28.08.2015)

The Supreme Court held that Standard Chartered Bank's claim borne from a purchase of bonds worth nearly Rs. 50 crores for which it only received a pho.....

Tags : Bond, limitation, first learns, knowledge



Notifications & Circulars

Central Board of Direct Taxes (CBDT) invites comments from stakeholders on Draft Income Computation and Disclosure Standards on Real Estate Transactions by 26th May, 2017(11.05.2017)

The Committee constituted by the Finance Minister to suggest the areas in respect of which further Income Computation and Disclosure Standards (ICDS) .....

Tags : Comments, Invitation, Income Computation



Ministry of Skill Development invites comments/ suggestions of the public on the Sharada Prasad Committee constituted to Review, Rationalize and Optimize the Functioning of Sector Skill Councils(02.05.2017)

The Ministry of Skill Development has invited comments/ suggestions of the public on the Sharada Prasad Committee constituted to Review, Rationalize a.....

Tags : Sector Skill Councils, Functioning, Comments, Invitation



Rehabilitation of Bonded Labour(10.07.2019)

The Government of India has implemented a Central Sector Scheme for Rehabilitation of Bonded Labourer, 2016 for providing rehabilitation assistance to.....

Tags : Rehabilitation, Bonded Labour, Scheme



FM holds Pre-Budget Consultation with representatives from Water and Sanitation sectors(23.12.2019)

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman held her 9th Pre-Budget Consultation meeting with the leading representatives fr.....

Tags : Pre-Budget, Consultation, Water, Sanitation sectors



Enhancing facilitation of National Electronic Toll Collection system(30.12.2019)

1. India is progressing ahead with NETC gaining large scale acceptance. Currently, the NETC system allows linking of FASTags with bank accounts - savi.....

Tags : Facilitation, Electronic Toll, Enhancement



Court derides lack of legislation on rehabilitation for sexual assault victims(03.11.2015)

In a case involving the rape of a minor and birth of a child as a consequence, the Allahabad High Court, taking note of the physical and mental trauma.....

Tags : Rape, rehabilitation, victim, child, compensation



Extending the Single Window Interface for Facilitation of Trade (SWIFT) to Exports(04.01.2017)

Kind reference is invited to Board's Circulars No. 03/2016 dated 03.02.2016 and No. 09/2015 dated 31.03.2015 regarding the Indian Customs Single Windo.....

Tags : Interface, Extension, Trade, Facilitation



Insolvency and Bankruptcy Board of India invites public comments on Draft Regulations for Voluntary Liquidation by 8th March, 2017(14.02.2017)

The Ministry of Corporate Affairs had set-up four Working Groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016. The Working.....

Tags : Regulations, Voluntary Liquidation, Comments, Invitation



CBIC provides facilitation for exporters having IGST refund issues(22.02.2021)

The Central Board of Indirect Taxes and Customs (CBIC) has extended the time limit for sanction of pending IGST refunds in such cases where records ha.....

Tags : Facilitation, Exporters, IGST refund



Clarification regarding the limitation time for filing of appeals before the CIT (Appeals) under the Income-Tax Act, 1961(25.05.2021)

1. The Central Board of Direct Taxes has issued Circular No. 8 of 2021 on 30th April 2021 providing various relaxations till 31st May 2021 including e.....

Tags : Clarification, Limitation time



Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016(06.07.2017)

The Insolvency and Bankruptcy Code, 2016 (Code) is a modern economic legislation. Section 240 of the Code empowers the Insolvency and Bankruptcy Board.....

Tags : Regulations, Comments, Invitation



Ministry of Food Processing Industry establishes GST facilitation cell to guide industry about GST regime(06.07.2017)

The Ministry of Food Processing Industries has established a four member GST Facilitation Cell at its office to guide the industry about the new tax r.....

Tags : GST facilitation, cell, Establishment



Digital Exploitation of Children(18.07.2019)

"Police" and "Public Order" are State subjects as per the Constitution of India. States/UTs are primarily responsible for prevention, detection, inves.....

Tags : Digital Exploitation, Children, Cyber crime



Clarification regarding extension of limitation under GST law in terms of Hon'ble Supreme Court's Order dated 27.04.2021(20.07.2021)

The Government has issued notifications under Section 168A of the CGST Act, 2017, wherein the time limit for completion of various actions, by any aut.....

Tags : Extension, Limitation, GST law



Ranking and Accreditation System for Higher Educational Institutions(02.04.2018)

The Ministry of Human Resource Development has launched the National Institutional Ranking Framework (NIRF) on 29th September, 2015 to rank institutio.....

Tags : Ranking, Accreditation System, Higher Educational Institutions



AOs to not issue penalty notices under Sections 271D,E of IT Act(26.04.2016)

The Central Board of Direct Taxes set forth a “Departmental View” to assuage conflicting notions on the limitation for imposition of penalty under Sec.....

Tags : income tax, penalty notice, limitation



Grant of recognition to CDSL Ventures Limited as an accreditation agency(12.01.2022)

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on November 09, 2021] SEBI (Portfolio Managers) Regulations, 2020 [L.....

Tags : Recognition, Grant, Accreditation agency



Government proposes harder fight against bonded labour(17.05.2016)

The central government announced proposals to make the Rehabilitation of Bonded Labour Scheme more effective. The scheme now envisages an increase in .....

Tags : Bonded labour, rehabilitation, corpus, financial assistance



Model Juvenile Justice Rules encompass 49 Forms(25.05.2016)

Draft Model Rules under the Juvenile Justice (Care and Protection of Children) Act 2015 were released by the Ministry of Women and Child Development.<.....

Tags : juvenile justice, draft rules, 2016, rehabilitation, adoption



Invitation for Counter Proposals/Revised Proposals in Furtherance of the Revised Proposal Submitted by PACL Ltd. Dated July 03, 2018(10.07.2018)

The Hon'ble Supreme Court vide its order dated February 23, 2018 in Civil Appeal No. (s) 13301/2015 inter alia decided that the sale of the properties.....

Tags : Invitation, Counter Proposals, PACL Ltd., Submission



No limitation period for reporting of the offences under the POCSO Act, 2012.(16.10.2018)

The Ministry of Women and Child Development had recently consulted Ministry of Law in view of the overriding provisions of the Protection of Children .....

Tags : Limitation period, Report, POCSO Act



Date for seeking comments from stakeholders and public on the Draft Financial Resolution and Deposit Insurance (FRDI) Bill extended till 31st October, 2016(20.10.2016)

The Government of India had invited stakeholder/public comments on the Draft Financial Resolution and Deposit Insurance(FRDI) Bill, 2016 from 28.9.201.....

Tags : Financial Resolution, Deposit Insurance, Comments, Invitation



News

CBDT: Now File Statement of Financial Transaction at Tin Facilitating Centers(02.06.2017)

Central Board of Direct Taxes (CBDT) has enabled filing of Statement of Financial Transaction (SFT) at Tin Facilitating Centers (TIN-FC).

Tags : Central Board of Direct Taxes, Statement of Financial Transaction, Tin Facilitating Centers



ITAT, Jaipur: No Penalty if Assessee Failed to File E-TDS within Time Due to Non-availability of PAN(02.06.2017)

ITAT, Jaipur has held that penalty cannot be levied under Income Tax Act if assessee failed to file E-TDS return within stipulated time frame due to n.....

Tags : ITAT, Jaipur, E-TDS



ITAT Delhi: Employees of University Entitled to Full Exemption of Arrears of Gratuity(06.06.2017)

ITAT Delhi has held that an employee of a ‘University’ is entitled to full exemption of arrears of Gratuity and leave encashment u/s 10(10) of Income .....

Tags : ITAT Delhi, Gratuity, leave encashment



ITAT Kolkata: Rent-Free Accommodation to Part Time-Director from Company is Not ‘Business Income'(08.06.2017)

ITAT Kolkata has held that rent-Free accommodation received by a Part Time-Director cum Employee from the Company cannot be taxable as “Business Incom.....

Tags : ITAT Kolkata, Rent-Free Accommodation



ITAT Chennai: Activities of Tamil Nadu Cricket Association are Not ‘Commercial’(08.06.2017)

ITAT Chennai has held that activities of Tamil Nadu Cricket Association are not “Commercial” in nature and hence exemption to assessee under section 1.....

Tags : ITAT Chennai, Tamil Nadu Cricket Association



ITAT Kolkata: Shareholding by Subsidiary Co. Irrelevant While Considering ‘Deemed Dividend’ Liability(09.06.2017)

ITAT Kolkata has held that shareholding by Subsidiary Company is irrelevant while considering ‘deemed dividend’ liability of Holding Company under sec.....

Tags : ITAT Kolkata, Income Tax Act



ITAT, Delhi Says 'No' to Protective Assessment Without Substantive Assessment(12.06.2017)

ITAT, Delhi has held that under provisions of IT Act, protective assessment cannot be made without a substantive assessment.

Tags : ITAT, Delhi, Substantive Assessment



ITAT, Delhi: Section 50C Applicable to Sale of Leasehold Rights(12.06.2017)

ITAT Delhi has held that income earned from transfer of leasehold rights is chargeable to Income Tax under section 50C of Income Tax Act which provide.....

Tags : ITAT, Delhi, Leasehold Rights



ITAT, Mumbai: Receipt from Sale of Shares by a Share Broker is Taxable as ‘Capital Gains’(13.06.2017)

ITAT, Mumbai has held that amount received by a Share Broker is taxable as capital gain under provisions of Income Tax Act.

Tags : ITAT, Mumbai



ITAT Mumbai Allows Claim of TDS Credited on Unrealized Income(14.06.2017)

ITAT, Mumbai has allowed assesses claim towards TDS credited on unrealized income.

Tags : ITAT, Mumbai, TDS



ITAT, Bengaluru: No Exemption to Society For Investment in Fixed Asset using Loan Amount(15.06.2017)

ITAT, Bengaluru has held that assessee-society is not entitled to exemption in respect of investment in fixed asset using loan amount under section 11.....

Tags : ITAT, Bengaluru, Income Tax Act



ITAT, Bangalore: Income of Minor Beneficiaries Can be Clubbed to Income of Parents(19.06.2017)

ITAT, Bangalore has held that income of minor beneficiaries can be clubbed to income of parents under section 64(1)(a) of Income Tax Act, 1961.

Tags : ITAT, Bangalore, Minor, Income



ITAT Chandigarh: Interest from Bank Deposits Prior to Commencement of Business is Capital Receipt(20.06.2017)

ITAT Chandigarh has held that interest from Bank deposits prior to the period of commencement of business is Capital receipt.

Tags : ITAT Chandigarh, Capital Receipt



ITAT Cochin: ‘Secret Commission’ to Doctors for Scanning & Medical Examinations Are Subject to TDS(20.06.2017)

ITAT, Cochin has held that assessee-company is liable to pay TDS under section 194H of Income Tax Act in respect of payment of secret commission to do.....

Tags : ITAT, Cochin, Secret Commission



ITAT Cochin: ‘Secret Commission’ to Doctors for Scanning & Medical Examinations Are Subject to TDS(20.06.2017)

ITAT, Cochin has held that assessee-company is liable to pay TDS under section 194H of Income Tax Act in respect of payment of secret commission to do.....

Tags : ITAT, Cochin, Secret Commission



ITAT Delhi Says 'No' to Interest for Late Payment of TDS due to Connectivity issues at Bankers' End(21.06.2017)

ITAT, Delhi has held that assessee cannot be treated as Assessee-in-Default for Late payment of TDS due to system and connectivity issues at the banke.....

Tags : ITAT, Delhi, TDS



ITAT Delhi: Corpus Fund Received for Capital Expenditure Not Taxable If Trust Not Registered(23.05.2017)

Delhi ITAT has held that corpus fund which is meant for specific purpose to meet out capital expenditure could not be part of annual receipts of educa.....

Tags : Delhi ITAT, Capital Expenditure



ITAT Mumbai Says 'Sponsoring Foreign Trips of Doctors for Business Promotion is Expenditure'(29.05.2017)

Mumbai ITAT has held that sponsoring foreign trips of doctors for business promotion is allowable as expenditure under provisions of Income Tax Act.

Tags : Mumbai ITAT, foreign trips, Income Tax Act



ITAT Hyderabad: Serving Notice to Assessee is Mandatory Requirement Under IT Act(29.05.2017)

ITAT Hyderabad has held that serving notice to assessee and giving him an opportunity to be heard is not an “empty formality”, but is a mandatory requ.....

Tags : ITAT Hyderabad, Notice, Assessee



ITAT, Ahmedabad: Security Guards Employed by Assessee Unit Are Workers Engaged in Manufacturing(29.05.2017)

ITAT, Ahmedabad has held that Security Guards employed by assessee-unit must be considered as part of workers engaged in manufacturing process for pur.....

Tags : ITAT, Ahmedabad, Security Guards



ITAT, Mumbai: No Income Tax on Gift made by HUF to its Member(29.05.2017)

ITAT, Mumbai has held that Gift given by an HUF to its member is not taxable in hands of member under Income Tax Act since “HUF” can be treated as “re.....

Tags : ITAT, Mumbai, Gift, Income Tax



ITAT,Hyderabad: No Penalty If Assessee Discloses Correct Income During Scrutiny(30.05.2017)

Income Tax Appellate Tribunal (ITAT), Hyderabad has held that penalty under Section 271(1)(c) of Income Tax Act is not leviable in a case where assess.....

Tags : Income Tax Appellate Tribunal (ITAT), Hyderabad



ITAT, Delhi: Commissioner Sanction Not Required for Contribution towards EPF Under EPF Act(31.05.2017)

ITAT Delhi has held that approval by Commissioner of Income Tax is not a mandatory requirement to allow deduction of contribution towards EPF under se.....

Tags : ITAT Delhi, Income Tax Act, Employees provident Fund Act



ITAT, Mumbai Directs Shah Rukh Khan to Pay Tax on Notional Rent From Dubai Villa(23.03.2017)

Income-tax Appellate Tribunal, Mumbai (ITAT) has ruled that actor Shah Rukh Khan has to include notional rent from his Dubai villa in his income-tax r.....

Tags : ITAT, Mumbai, Shah Rukh Khan, Dubai Villa



ITAT, Mumbai Allows Tax Deductions to SRK on Earnings From Kaun Banega Crorepati(23.03.2017)

ITAT, Mumbai has allowed SRK a deduction of Rs 10 crore that was paid to him for Kaun Banega Crorepati and also of Rs 7 crore the actor had charged fr.....

Tags : ITAT, Mumbai, Shah Rukh Khan, Kaun Banega Crorepati



Federal Tax, State Tax and Disability Tax in USA Eligible for Credit Under Income Tax Act: ITAT(02.04.2019)

Income Tax Appellate Tribunal (ITAT), Hyderabad has held that the federal tax, state tax and medicare-cum-disability tax in USA is eligible for sectio.....

Tags : ITAT, Federal Tax, Disability Tax



Firm which is Not a Shareholder in Pvt. Company can’t be Taxed for Deemed Dividend: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that a Firm, which is not a shareholder in a private company cannot be taxed for deemed d.....

Tags : ITAT, Deemed Divident, Firm not a shareholder



Firm which is Not a Shareholder in Pvt. Company can’t be Taxed for Deemed Dividend: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that a Firm, which is not a shareholder in a private company cannot be taxed for deemed d.....

Tags : ITAT, Deemed Divident, Firm not a shareholder



Advance Received from Promoters in Cash Through Current Accounts Not violation of S. 269SS: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has held that no penalty can be imposed for receiving advances from the promoters in cash through their .....

Tags : ITAT, Section 269SS, Promoters



Section 50C can’t be Applied When Property Sold Under Pressure: ITAT(05.04.2019)

Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the provisions of Section 50C of the Income Tax Act, 1961 cannot be applied when the.....

Tags : ITAT, Chennai Bench, Section 50 C Income Tax Act



Gujarat High Court: Ban on Mobile Internet during Patel Agitation was Just and Proper(16.09.2015)

Gujarat High Court has dismissed Public Interest Litigation seeking declaration of mobile internet ban violation of fundamental right and upheld State.....

Tags : Gujarat High Court,Patel Agitation



ITAT, Kolkata: Registration u/s 12A Cannot be Denied to Trust For Collecting Fee From Students(17.05.2017)

ITAT, Kolkata has held that registration under section 12A of Income Tax Act cannot be denied to a Trust merely on ground it collects fee from the stu.....

Tags : ITAT, Kolkata, Trust



ITAT: TDS Applicable to Payments Towards Channel Carriage Fees, Up-Linking, Bandwidth Charges(17.05.2017)

ITAT Kolkata has held that payments on account of channel carriage fees, up-l inking charges and Bandwidth charges are not in nature of payment toward.....

Tags : ITAT, Kolkata, Carriage Fees, Up-Linking, Bandwidth Charges



ITAT, Bangalore: Payments in Foreign Currency For Travel Etc. Excludable From Export, Total Turnover(18.05.2017)

ITAT, Bangalore has held that payments made in foreign currency towards foreign travel, telecommunication expenses & ex-pat salary are excludable from.....

Tags : ITAT, Bangalore, Export, Total Turnover



ITAT Kolkata: Sale of Software not Royalty as per Indo-Ireland DTAA(16.05.2019)

ITAT Kolkata has held that the sale of the software would not constitute ‘royalty’ as per the Double Taxation Avoidance Agreement (DTAA) between India.....

Tags : ITAT, Software



ITAT: TDS Not Applicable on Sale of Property if Consideration of Co-owners Does Not Exceed Rs. 50L(16.05.2019)

ITAT Jodhpur has held that the provisions of TDS would not be applicable on the sale of property if the sale consideration do not exceed Rs. 50 lakhs.

Tags : ITAT, TDS



ITAT Confirms Disallowance Since Sham Transactions Under the Garb of Donation Was Used for Evasion(20.05.2019)

Income Tax Appellate Tribunal, Chennai has held that the Assessing Officer was rightly disallowed deduction claim since their involved sham transactio.....

Tags : ITAT, Disallowance



ITAT Bangalore: Expenditure Incurred on Issuance of Debentures is Revenue Expenditure(01.06.2017)

ITAT Bangalore has directed the AO to allow expenditure incurred in relation to issuance of debentures as it constitute revenue expenditure under the .....

Tags : ITAT Bangalore, Revenue Expenditure



ITAT: Normal or Corpus Donation Cannot be Treated as Anonymous Donation(03.06.2019)

ITAT Delhi has held that a normal or corpus donation cannot be treated as an anonymous donation under the Income Tax Act, 1961.

Tags : ITAT, Donation



ITAT Condones Delay as Chartered Accountant Was Busy with ICAI Election(03.06.2019)

ITAT Jaipur has condoned the delay in filing an appeal before the Commissioner of Income Tax (Appeals) as the Chartered Accountant of the Assessee was.....

Tags : ITAT, ICAI



ITAT: Subscription Fee to Access an Online Database is Business Income, Not ‘Royalty’ or FTS(03.06.2019)

ITAT Mumbai has recently held that the subscription fee charged by the Assessee-Company to access an online database must be treated as business incom.....

Tags : ITAT, Online Database



ITAT: Lorry Booking Agent not Liable to Deduct TDS(03.06.2019)

ITAT Delhi has held that a person who is merely a lorry booking agent is not bound to deduct TDS under Section 194C of the Income Tax Act, 1961.

Tags : ITAT, TDS



ITAT: Extinguishment of Right in Property Would Result in Capital Gain(03.06.2019)

ITAT Mumbai has held that the extinguishment of any rights in the property would result in the capital gain under the Income Tax Act, 1961.

Tags : ITAT, Capital Gain



ITAT: Penalty Cannot be Levied on Retrospective Amendment(03.06.2019)

ITAT Ahmedabad has held that the Assessee cannot be penalized on ground of a retrospective amendment under the Income Tax Act, 1961.

Tags : ITAT, Penalty



ITAT Lucknow : Rent from Sub-Letting of Warehouse is “Income from Other Sources”(04.06.2019)

Income Tax Appellate Tribunal (ITAT) Lucknow has ruled that the income received by the Assessee by sub-letting a warehouse for commercial purpose woul.....

Tags : ITAT Lucknow, Income from other sources



Kerala High Court:Arbitration Appeals are Bound by Rules of Limitation(04.07.2017)

Kerala High Court has ruled that even in absence of express provisions, arbitration appeals are bound by rules of limitation.

Tags : Kerala High Court, Rules of Limitation



Supreme Court Asks Centre to Initiate Process to Fill Up Vacancies In ITAT(07.07.2017)

Supreme Court has given three weeks time to Centre to initiate process of filling up vacancies of presidents, vice presidents and members in different.....

Tags : Supreme Court, ITAT



ITAT Bangalore: Income from Sale of Cocoons Taxable as “Other Income”(12.06.2019)

Income Tax Appellate Tribunal (ITAT), Bangalore has noted that the income received from the sale of cocoons is not agricultural income and is taxable .....

Tags : ITAT Bangalore, Other Income



ITAT Chennai: Entries in Books of Accounts Does Not Prove Genuineness of Expenditure(12.06.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has held that mere entries in the books of accounts do not prove genuineness of the expenditure. The Tri.....

Tags : ITAT Chennai, Expenditure



ITAT Delhi: Remuneration to Director in Proportion to Experience Having No Impact is Not ‘Dividend’(12.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the remuneration paid to Director of company, who is an experienced Chartered Accountant in .....

Tags : ITAT Delhi, Dividend



ITAT Delhi: Rent from Fit-Out Hire Charges Will Fall Under Business Income(13.06.2019)

Income Tax Appellate Tribunal (ITAT), Delhi has noted that the income received from Fit-out Hire Charges would constitute “business income” under the .....

Tags : ITAT Delhi, Business Income



ITAT Kolkata: Tax Payable in India Even if Technical Services of Testing Performed Abroad(14.06.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata has noted that tax payable for technical services of testing is performed outside the country if the res.....

Tags : ITAT Kolkata, Technical Services



ITAT Delhi: Availability of Capital Gain Exemption to More Than One House if HUF Property Sold(18.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the capital gain exemption under Section 54 of the Income Tax Act, 1961 should be given to m.....

Tags : ITAT Delhi, Capital Gain Exemption



ITAT Ludhiana: One-Time Settlement Debt Not Advantageous if Loan Granted Was Separate Transaction(18.06.2019)

Income Tax Appellate Tribunal (ITAT Ludhiana) has observed that the one-time settlement of debt by the bank cannot be treated as beneficial from the b.....

Tags : ITAT, Ludhiana, Loan



ITAT Delhi: Re-Assessment Without Consent of Designated Authority is Without Jurisdiction(19.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has observed that an assessment cannot be re-opened without the approval of the designated authority under .....

Tags : ITAT Delhi, Re-assessment



ITAT Cochin: Compulsory Acquisition of Urban Agricultural Land Entitled for Tax Exemption(19.06.2019)

Income Tax Appellate Tribunal (ITAT) Cochin has noted that the compulsory acquisition of the urban agricultural land is eligible for tax exemption und.....

Tags : ITAT Cochin, Exemption



Delhi HC Directs Tihar Jail to Ensure Reformation Through Education, Meditation, Counselling(26.06.2017)

Delhi High Court has reduced sentence awarded to a murder convict, and issued a set of guidelines for his reformation and rehabilitation.

Tags : Delhi High Court, Education, Meditation, Counselling



ITAT: Depreciation Not Allowable on Office Premises if it is Assessed as House Property Income(24.06.2019)

Income Tax Appellate Tribunal (ITAT) Mumbai has held that the Assessee is not eligible to claim depreciation on office premises granted on the lease a.....

Tags : ITAT, Depreciation



ITAT Kolkata: Delay in Filing TDS Due to Sudden Resignation of Accountant Will be Condoned(25.06.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has observed that the delay in filing of Tax Deduction at Source (TDS) return due to the sudden re.....

Tags : ITAT Kolkata, TDS



ITAT Kolkata: Subsidy Collected Under Technical Upgradation Fund Scheme is Capital Receipt(25.06.2019)

Income Tax Appellate Tribunal (ITAT) Kolkata has noted that the subsidy received under the technical upgradation fund (TUF) scheme is the capital rece.....

Tags : ITAT Kolkata, Capital Receipt



ITAT Delhi: Land Cannot be Treated as Stock in Trade in Case of Nil Construction(27.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has observed that if no business activity or construction is carried out on a piece of land, it can still b.....

Tags : ITAT Delhi, Stock in Trade



ITAT Delhi Allows Addition Since Share Transactions are Sham Transactions to evade Tax(27.06.2019)

Income Tax Appellate Tribunal (ITAT) has allowed an addition by finding that the share transaction leading to long term capital gain were actually sha.....

Tags : ITAT Delhi, Sham Transactions



ITAT Mumbai: Exemption Cannot be Refused to Education Trust Since it Provided Some Facilities(28.06.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has noted that the exemption under the Income Tax Act, 1961 cannot be denied to an education trust merely.....

Tags : ITAT Mumbai, Exemption



ITAT Delhi Grants Long-Term Capital Gains Tax on Prannoy and Radhika Roy(20.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has upheld addition of Long Term Capital Gains Tax against the Roys for realising share sale consideration .....

Tags : ITAT Delhi, Prannoy



ITAT Chennai: Capital Gain Exemption Not Allowable Merely Due to Agreement Without Payment Evidence(20.06.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has observed that the exemption under Section 54F of the Income Tax Act, 1961 (Act) is allowable merely .....

Tags : ITAT Chennai, Capital Gain Exemption



ITAT Kolkata: Old, Uninhabitable House Cannot be Subject to Tax on Notional Rent Basis(20.06.2019)

Income Tax Appellate Tribunal (ITAT) Kolkata has noted that notional rent cannot be applied to determine house property income towards an old uninhabi.....

Tags : ITAT Kolkata, Notional Rent



ITAT Pune: Deities Are Assessable According to Tax Rates Applicable to Individuals(20.06.2019)

Income Tax Appellate Tribunal (ITAT Pune) has held that the tax rates applicable to individuals are also applicable to deities under the Income Tax Ac.....

Tags : ITAT Pune, Deities



ITAT Bangalore Deletes Addition Against Flipkart India(20.06.2019)

Income Tax Appellate Tribunal (ITAT Bangalore) has granted relief to the e-com giants Flipkart India by deleting the additions made by the Income Tax .....

Tags : ITAT Bangalore, Flipkart India



ITAT Mumbai Strikes Down Addition to Shilpa Shetty’s Income(01.07.2019)

ITAT Mumbai has struck down addition to Rs 5.4 crore to Shilpa Shetty’s income for the financial year 2010-2011. She was a brand ambassador for the IP.....

Tags : ITAT, Shilpa Shetty



ITAT Delhi: Tax Exemption Cannot be Denied Merely Because One Donation in One Year is Doubtful(01.07.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the income tax exemption cannot be denied to a Trust merely because one donation in one yea.....

Tags : ITAT Delhi, Tax Exemption



ITAT Mumbai: Wrong Claim for TDS Will Not Attract Penalty(03.07.2019)

Income Tax Appellate Tribunal (ITAT) Mumbai has ruled that a wrong claim for TDS cannot be a ground to invoke penalty proceedings under Section 271(1).....

Tags : ITAT Mumbai, Penalty



ITAT Delhi: Order Procurement Services Rendered Abroad Not Taxable in India(03.07.2019)

Income Tax Appellate Tribunal (ITAT), Delhi has held that the order procurement services rendered abroad are not taxable in India.The Tribunal noted t.....

Tags : ITAT Delhi, Procurement Services



ITAT Kolkata: Uniform Allowance to Employees Not Taxable as Fringe Benefits(03.07.2019)

Income Tax Appellate Tribunal (ITAT ) Kolkata has held that the uniform allowance to the employees is not taxable as fringe benefits under the Income.....

Tags : ITAT Kolkata, Uniform Allowance



Apex Court: Outer Limitation for Possession Suit Based on Title Will Not Get Lost(04.07.2019)

Apex Court has noted that merely because relief of declaration is also sought in a suit for possession the outer limitation of twelve years is also no.....

Tags : Apex Court, Outer Limitation



Delhi HC to Civic Bodies: Give Sanitation Workers Their Salaries(20.04.2016)

Delhi HC has directed three civic bodies of Delhi to ensure that the March wages be paid to all the sanitation workers "within a week without fail".

Tags : Delhi HC , Sanitation Workers



Consider Allotting Two Plots to House Displaced People: Bombay High Court(27.03.2018)

Bombay High Court has asked the Maharashtra government to consider allotting two plots in suburbs, originally reserved for a cancer hospital and a pub.....

Tags : Bombay High Court, Rehabilitation



Consider Allotting Two Plots to House Displaced People: Bombay High Court(27.03.2018)

Bombay High Court has asked the Maharashtra government to consider allotting two plots in suburbs, originally reserved for a cancer hospital and a pub.....

Tags : Bombay High Court, Rehabilitation



Why No Fixed Working Hours for Cops, Asks Madras High Court(27.03.2018)

Madras High Court has directed the authorities to answer a query as to why not the state government fix definite working hours for the police force.

Tags : Bombay High Court, Rehabilitation



Profit Earned by Housewife from Share Transaction is Business Income, Not Capital Gain: ITAT(27.03.2018)

Delhi Bench of ITAT,has ruled that the profit earned by a Housewife on the purchase and sale of shares would amount to business income and net short-t.....

Tags : ITAT, Capital Gain



Delhi High Court Refuses Mahout’s Plea Seeking Release of Elephant from Alleged Illegal Detention(22.01.2020)

Delhi High Court has refused to entertain the mahout’s Plea seeking the release of an elephant from alleged illegal detention. The Court stated that k.....

Tags : Delhi High Court, Elephant Rehabilitation Centre



Delhi HC to DMRC: Why Can’t DMRC Provide Free Drinking Water, Sanitation?(02.05.2017)

Delhi High Court has asked DMRC that “Why can’t Delhi Metro provided basic services like drinking water and sanitation for free to commuters at its st.....

Tags : Delhi High Court, Drinking Water, Sanitation, Delhi Metro



ITAT Slams Tax Dept. for Negligence in Maintaining Records(19.04.2019)

Income Tax Appellate Tribunal (ITAT), Pune bench has criticised income tax department for its negligence in keeping records while granting Section 12A.....

Tags : ITAT, Negligence, Maintaining Records



Defect of Manual Filing of Appeal Instead of E-Filing is Curable: ITAT(19.04.2019)

Income Tax Appellate Tribunal (ITAT), Jaipur bench has allowed an assessee to re-file an appeal which was supposed to be filed electronically but was .....

Tags : ITAT, Manual Filing



Penalty Proceedings can’t be Initiated Without a Specific Charge: ITAT(19.04.2019)

Income Tax Appellate Tribunal (ITAT), Indore bench has ruled that no penalty proceedings can be initiated on a suspected defaulter assessee without sp.....

Tags : ITAT, Penalty Proceedings, Specific Charge



Bombay HC Constitutes All-Women Committee to Avoid Sexual Exploitation of Minor Tribal Girls(19.04.2019)

Bombay High Court has issued a series of directions, after taking up a matter on urgent basis in view to protect hundreds of minor tribal girls and ha.....

Tags : Bombay High Court, All-Women Committee to Avoid Sexual Exploitation



SC: Application Under Section 7 IBC Can Claim Benefit of Section 14 Limitation Act(24.03.2021)

Supreme Court has held that in an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 the applicant can claim the benefit of Secti.....

Tags : Supreme Court, Benefit of Section 14 Limitation Act



Punjab and Haryana HC: ITAT Does Not Have Power to Stay Tax Prosecution(30.11.2015)

Punjab and Haryana High Court while deciding a case involving Jindal Steel & Power Ltd., has held that Income Tax Appellate Tribunal (ITAT) doesn't ha.....

Tags : Punjab and Haryana High Court, ITAT



Punjab and Haryana HC: Neutral Authority Should Watch Rehab Centres(07.12.2015)

Punjab and Haryana HC has asked Punjab, Haryana and Chandigarh to explore if they were ready to appoint separate authority for independent monitoring .....

Tags : Punjab and Haryana HC, Punjab, Haryana , Chandigarh, rehabilitations centres



Supreme Court: Article 137 Limitation Act Applies to Applications under Section 7 of the IBC(25.09.2019)

Supreme Court has ruled that Article 62 of the Limitation Act, 1963 would only apply to suits and not to an application which is filed under Section 7.....

Tags : Supreme Court, Limitation



SC:Sec 14 of Limitation Act Applicable if Sec 34 Petition under Arbitration Act Filed was Within Time(04.10.2019)

Supreme Court has ruled Section 14 of Limitation Act, 1963 would be applicable to the proceedings under Section 34 of Arbitration and Conciliation Act.....

Tags : SC, Limitation



Supreme Court to Recall Suo Motu Extension of Limitation Period With Effect From October 1(23.09.2021)

Supreme Court had said that it will recall the suo motu order of April 27, 2021, which had extended with effect from March 14, 2021 the limitation per.....

Tags : Supreme Court, Suo Motu Extension of Limitation Period



Madras HC Directs TN Bar Council to Enroll Law Graduate Who Participated in Anti-Sterlite Agitation(27.09.2021)

Madras High Court has directed the Bar Council of Tamil Nadu and Puducherry to enroll a law graduate who had participated in the protests for the clos.....

Tags : Madras High Court, Law Graduate Who Participated in Anti-Sterlite Agitation



SC: Country Cannot be Held to Ransom by Agitations(24.02.2016)

Supreme Court, while taking a tough stand on the agitations which cause huge problems to the common man, has said that Bharatiya Janata Party (BJP), C.....

Tags : Supreme Court, , Agitations



Punjab and Haryana HC Takes Cognizance on Allegation of Rapes By Rioters During Jat Stir(25.02.2016)

Punjab and Haryana HC has taken cognizance of media reports that some women, who were commuting on Delhi-Ambala highway (NH-1), had been allegedly str.....

Tags : Punjab and Haryana HC, Jat agitation



ITAT Jaipur: No Penalty Even If Discrepancies Found During Survey(17.12.2019)

Income Tax Appellate Tribunal, Jaipur has ruled that even if some discrepancies were found during the survey resulting in surrender of income by the A.....

Tags : ITAT Jaipur, Penalty



ITAT Allows Disallowance for Non-Submission of Documents and Non-Deduction of TDS on Reimbursements(24.12.2019)

Income Tax Appellate Tribunal, Delhi has held that disallowance of a sum for non-submission of documents and non-deduction of Tax Deduction at Source .....

Tags : ITAT, Disallowance



ITAT: Loan On Interest From Sister Concern Does Amount To ‘Deemed Dividend’(17.11.2021)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that loan on interest received from the sister concern to fulfill the enhanced requirement .....

Tags : ITAT, Loan on Interest, Deemed Dividend



ITAT: Commission Expenditure Can’t Be Disallowed For Want of Confirmation Letters From Recipients(18.11.2021)

ITAT, Pune Bench has held that the commission expenditure claimed by the assessee cannot be disallowed merely because the assessee could not furnish t.....

Tags : ITAT, Commission Expenditure



SC over Jat Agitation: Can't Order Military To Shoot At Crowd(01.03.2016)

Supreme Court, while dismissing a plea seeking giving free hand to Army to control unruly mob during the Jat agitation in Haryana, has said that it ca.....

Tags : Supreme Court,Jat Agitation



ITAT Delhi: Loss Arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss(06.01.2020)

Income Tax Appellate Tribunal, Delhi has held the loss arising from forfeiture of the advance paid on convertible warrants is a business loss. The Tri.....

Tags : ITAT Delhi, Loss



ITAT Mumbai: Non-Compete Fee Received by NRI not Taxable in India(06.01.2020)

Income Tax Appellate Tribunal, Mumbai has held that non-compete fee money received independently by non-resident Indian pursuant to an independent agr.....

Tags : ITAT Mumbai, Non-Compete Fee



Delhi HC : SCN Quashed Where it Was Possible for Authority to Adjudicate Within Period of Limitation(10.01.2020)

Delhi High Court has held that the Show Cause Notice (SCN) is to be quashed where it was possible on behalf of the adjudicating authority to adjudicat.....

Tags : Delhi HC, Limitation



ITAT Pune: TDS Benefit To Be Given for Assessment Year for Which Corresponding Income is Assessable(10.01.2020)

Income Tax Appellate Tribunal, Pune has ruled that the benefit of the tax deducted at source should be given for assessment year for which correspondi.....

Tags : ITAT Pune, TDS



SC Issues Notice in Plea Seeking National Level Plan for Rehabilitation of Covid 19 Affected Families(29.11.2021)

Supreme Court has issued notice in a writ petition seeking formulation and preparation of National Level Plan in tandem with the State Government to e.....

Tags : Supreme Court, Rehabilitation of Covid 19 Affected Families



SC: Limitation Period for Decree by Foreign Court, Period Prescribed in Reciprocating Foreign Country(18.03.2020)

Supreme Court has held that the limitation period for executing a decree passed by a foreign Court from the reciprocating country in India will be the.....

Tags : Supreme Court, Limitation for Decree by Foreign Court



SC Extends Period of Limitation for Filing in All Courts/Tribunals(24.03.2020)

Supreme Court has directed the suspension of the limitation period running under all general and special laws, with effect from 15th March, 2020, in v.....

Tags : Supreme Court, Period of Limitation for Filing



Delhi HC Directs Govt to Deploy Doctors & Sanitation Workers in Mustafabad Camp for Riot Victims(24.03.2020)

Delhi High Court has directed Delhi Government to ensure that adequate health care facilities are ensured in the Eidgah Old Mustafabad Camp, a place s.....

Tags : Delhi High Court, Doctors & Sanitation Workers



NCLT Extends Limitation Period in Pursuance of Supreme Court Orders(25.03.2020)

National Company Law Tribunal (NCLT) has issued a notice intimating all the litigants that the extension of limitation period granted by the Supreme C.....

Tags : National Company Law Tribunal, Extension of Limitation



SC Asks States to Complete Identification and Rehabilitation of Children in Street Situations(18.01.2022)

Supreme Court has asked the States to complete the identification and rehabilitation process of the Children in Street Situations at the earliest. The.....

Tags : Supreme Court, Identification and Rehabilitation of Children



Karnataka HC Issues Circular Directing Officers to Follow Supreme Court's Limitation Extension Order(20.01.2022)

Karnataka High Court has issued a circular directing Officers and Officials working on the judicial side at Principal Bench, Bengaluru, Benches at Dha.....

Tags : Karnataka High Court, Limitation Extension Order



Bombay HC: No Formula to Determine Period of Limitation for Filing Administration Suit(07.05.2018)

Bombay High Court while allowing a man to claim rights as a beneficiary to an estate under a will over three years after a parent's death has held tha.....

Tags : Bombay High Court, administration suit, limitation



Delhi High Court: Limitation Period Applies to Application Filed Under Section 8 A&C Act(25.02.2020)

Delhi High Court has held that the provision for filing written statements under Section 8 of the Arbitration and Conciliation Act, 1996 (A&C Act) is .....

Tags : Delhi High Court, Limitation Period



Kerala High Court Bans Agitation on Campuses(27.02.2020)

Kerala High Court has banned all forms of agitation by students groups in schools and colleges that disrupt the functioning of educational institution.....

Tags : Kerala High Court, Ban of Agitation on Campuses



Delhi High Court: Facilitating Land and Other Related Activities to Attract Service Tax(27.02.2020)

Delhi High Court has held that the changeability of the activity on facilitating land and other related activities to attract service tax under the he.....

Tags : Delhi High Court, Facilitating Land and Other Related Activities



Karnataka HC Directs State to Come Out with Rehabilitation Scheme for Illegal Bangladeshi Immigrants(28.02.2020)

Karnataka High Court has granted one week to the State Government to come out with a scheme for rehabilitation and grant of monetary compensation to t.....

Tags : Karnataka High Court, Rehabilitation Scheme for Illegal Bangladeshi Immigrants



ITAT: Date Of Allotment Is Relevant For Computing Holding Period And Capital Gain(07.01.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the date of allotment is relevant and not the date of Registration for the purpose of .....

Tags : ITAT, Date Of Allotment, Date of Registration



ITAT Clarifies on Rent Deposits(07.06.2016)

Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has observed that the notional interest on security deposit paid by an employer to the landlord c.....

Tags : Income Tax Appellate Tribunal, ITAT, security deposit



No Straightjacket Formula for Determining Limitation for Filing Administration Suit: Bombay HC(21.05.2018)

Bombay High Court held that there is no straightjacket formula for determining the period of limitation for filing an administration suit.

Tags : Supreme Court, Limitation



Delhi HC Directs Police to Submit Compliance Report in Plea Seeking Rehabilitation of Victims(02.03.2020)

Delhi High Court has directed Delhi Police to submit a report within 3 weeks highlighting the actions taken by police in compliance of the Court's pre.....

Tags : Delhi High Court, Rehabilitation of Victims



Delhi HC Directs for Reformation and Rehabilitation Plan of POCSO Convict(04.03.2020)

Delhi High Court has directed the Superintendent of Tihar jail to prepare an appropriate rehabilitation programme for the convict under Protection of .....

Tags : Delhi High Court, Reformation and Rehabilitation Plan of POCSO Convict



NCLAT: Limitation Period Applicable to Application Filed by Financial Creditor(16.03.2020)

National Company Law Appellate Tribunal has reversed the order of the National Company Law Tribunal, Ahemdabad holding that the order of admission of .....

Tags : National Company Law Appellate Tribunal, Limitation on Application by Financial Creditor



Chhattisgarh HC: Limitation Act Does Not Apply to Criminal Proceedings Unless Specific Provisions(02.02.2022)

Chhattisgarh High Court has held that the Limitation Act, 1963, does not apply to criminal proceedings unless express and specific provisions to that .....

Tags : Chhattisgarh High Court, Limitation Act



If Agitators Damage Property, Leaders Must Go to Cops: Supreme Court(03.10.2018)

Supreme Court has said if protesters turn violent and vandalise property, their leaders must present themselves for questioning at a police station wi.....

Tags : Supreme Court, Agitators, Property



Higher Remuneration Paid to Director of Company Can’t be Disallowed: ITAT(03.10.2018)

ITAT, Mumbai has held that the excess Remuneration paid to the Director of the Government cannot be disallowed since there is no requirement to get ap.....

Tags : ITAT, Director, Remuneration



Rehabilitation Homes for Mentally Ill Persons: SC Seeks Status Report(04.10.2018)

Supreme Court has sought reports within two weeks from state governments and Union Territories on the status of setting up rehabilitation homes for pe.....

Tags : Supreme Court, Rehabilitation Home, Mentally Ill



Receipt for Relinquishment of ‘Right to Sue’ Not Taxable: ITAT(05.10.2018)

Income Tax Appellate Tribunal (ITAT) has held that consideration received for relinquishment of ‘Right to Sue’ does not attract income tax either unde.....

Tags : ITAT, Receipt for Relinquishment, Right to Sue



ITAT: Refund of Sewage Tax Constitute ‘Business Income’(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the refund of sewage tax would be assessed as business income as the same was earlier.....

Tags : ITAT, Sewage Tax, Income-Tax Act, 1961



ITAT: Product Development Expenditure is ‘Revenue’ in Nature(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has held that the expenditure incurred on testing and validation of the products is revenue in nature.....

Tags : ITAT, Income-Tax Act, 1961, Product Development Expenditure, Revenue



ITAT: Investments Converted into Stock-in-Trade Can Avail Exemption U/S 10(38)(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Pune has held that investment converted into stock in trade can avail exemption u/s 10(38) of Income Tax Act 196.....

Tags : ITAT, Income-Tax Act, 1961, Stock Trade, Investment



NRIs can be Appointed as Trustees of Indian Trusts Under Income Tax Act: ITAT(11.10.2018)

Income Tax Appellate Tribunal has held that under the Income Tax Act appointing of NRIs as trustees of valid Indian trusts is permissible.

Tags : ITAT, NRI, Trust



Investment can’t be Written Off as Bad Debt if Project fails to Take Off: ITAT(12.10.2018)

Income Tax Appellate Tribunal (ITAT ) has given major setback to Aditya Birla Power Company Limited and held that investment in the project which fail.....

Tags : ITAT, Investment, Aditya Birla Power Company Limited



SC: Central Govt. has Authority to Impose 'Quantitative Restrictions' on Import(27.08.2020)

Supreme Court has observed that the Central Government has the authority to impose quantitative restrictions by an order under Section 3(2) of the For.....

Tags : Supreme Court, Quantitative Restrictions on Import



ITAT: Notice Issued U/S 271 IT Act Must Record the Specific Ground on Which it Initiated(01.06.2022)

Income Tax Appellate Tribunal (ITAT), Amritsar Bench has held that unambiguous statement in notice can strike off penalty imposed u/s 271 of the Incom.....

Tags : ITAT. Income-Tax Act, Notice



ITAT: Disallowance Can’t be Made on Payment to PF and ESI Before Due Date(01.06.2022)

Income Tax Appellate Tribunal (ITAT), Amritsar Bench has held that disallowance can’t be made on payment to PF and ESI before the due date u/s 139(1) .....

Tags : ITAT. Income-Tax Act, Disallowance



ITAT: Disallowance is Calculated Based on Average Value of Share(02.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench has held that as per Rule 8D(2)(iii) of Income-Tax Rule, 1962, the disallowance under Section 14A of .....

Tags : ITAT, Income Tax, Disallowance



ITAT: SIDC Eligible for Section 80IA Deduction for Interest on Land Premium on Industrial Parks(02.06.2022)

Income Tax Appellate Tribunal, Dehradun bench has held that State Infrastructure & Industrial Development Corporation of Uttarakhand Ltd. (SIDC) is el.....

Tags : ITAT, Income-Tax, SIDC, Deduction



Obtaining Loan from Banks to Self-Help Groups and Poor Is A Charitable Activity: ITAT(26.09.2018)

Cuttack bench of Income Tax Appellate Tribunal has held that the activity of obtaining loan from banks to advance self-help groups and poor persons ca.....

Tags : ITAT, Self-Help Groups



Sec. 17 Limitation Act Can’t Be Invoked in Filing Application to Set Aside Arbitration Award: SC(27.09.2018)

Supreme Court has held that Section 17 of the Limitation Act cannot be invoked to condone the delay in preferring application to set aside the arbitra.....

Tags : Supreme Court, Limitation Act



Civil Services Institute Not Liable to Pay Tax on Fund Received from Government: ITAT(28.09.2018)

Income Tax Appellate Tribunal, Delhi bench has held that the Civil Services Institute, Dehradun is not liable to pay tax on the amount received from t.....

Tags : ITAT, Civil Services, Institute



NCLAT, Delhi: Arrears of Salary Accumulated for More Than Three Years Are Not Eligible for CIRP(13.05.2022)

National Company Law Appellate Tribunal, New Delhi has ruled that arrears of salary due beyond a period of three years would be barred by limitation f.....

Tags : National Company Law Appellate Tribunal, three years, Corporate Insolvency Resolution Process, limitation



ITAT States That Consideration Paid For Purchase Of Advertisement Space Does Not Amount To 'Royalty'(16.05.2022)

Chennai Bench of ITAT has held that consideration paid for purchase of advertisement space does not amount to 'royalty' under the Income Tax Act, 1961

Tags : ITAT Chennai, Royalty, Income Tax Act



ITAT, Pune: Revisional Jurisdiction Cannot be Invoked Sans Illegality in Original Re-Assessment(16.05.2022)

Income Tax Appellate Tribunal (ITAT), Pune while quashing a revisional jurisdiction under Section 263 of the Income Tax Act, 1961, has ruled that the .....

Tags : Income Tax Appellate Tribunal (ITAT), Pune, revisional jurisdiction, Section 263, Income Tax Act, 1961



ITAT, Pune: Revisional Jurisdiction Cannot be Invoked Sans Illegality in Original Re-Assessment(16.05.2022)

Income Tax Appellate Tribunal (ITAT), Pune while quashing a revisional jurisdiction under Section 263 of the Income Tax Act, 1961, has ruled that the .....

Tags : Income Tax Appellate Tribunal (ITAT), Pune, revisional jurisdiction, Section 263, Income Tax Act, 1961



ITAT: Salary Paid Outside the Books of Account Cannot be Considered as Concealed Profit(24.05.2022)

Income Tax Appellate Tribunal (ITAT), Chandigarh has held that salary paid outside the books of account cannot be recognised as concealed profit and n.....

Tags : ITAT, Concealed Profit, Assessee



ITAT: Charitable Trust Engaged Solely in Educational Purpose can Avail Exemption in Income Tax Act(24.05.2022)

Income Tax Appellate Tribunal (ITAT), Rajkot Bench has held that a Charitable Trust engaged solely in educational purposes can avail exemption under S.....

Tags : ITAT, Charitable Trust, Educational Purpose, Exemption



ITAT: Dividend Received by Builder not Subject to DDT Shall Assessable as ‘Other Income’(24.05.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the dividend income received by the assessee, a builder, which is not subject to Divi.....

Tags : ITAT, Dividend Distribution Tax, Income from other sources



ITAT: Loss Out of Non-Speculative Transactions Can be Set off Under the Head of Regular Business(25.05.2022)

Income Tax Appellate Tribunal (ITAT) has held that loss arose out of non-speculative transactions can be set off under the head of the regular busines.....

Tags : ITAT, CIT, Income Tax Act, 1961



ITAT Directs Fresh Adjudication as Assessee Failed to File Reply to Income Tax Notice Due to COVID(25.05.2022)

Income Tax Appellate Tribunal, Bangalore held that assessee could not respond to the notices in view of the pandemic situation, which has to be accept.....

Tags : ITAT, Income-Tax, Covid-19



ITAT: No TDS on Discounts Extended to Pre-paid SIM Distributors(25.05.2022)

Income Tax Appellate Tribunal (ITAT), Raipur bench has held that no TDS on Discounts extended to Pre-paid SIM distributors on transfer of pre-paid SIM.....

Tags : ITAT, TDS, Pre-paid Sim



ITAT: Deduction U/S 80IA of IT Act Cannot be Disallowed on Failure of Form No.10CCB Submission(13.06.2022)

Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that the claim of deduction under Section 80IA of Income Tax (IT) Act 1961 cannot be di.....

Tags : ITAT, Revised Return, Due Date



ITAT: Non-Issue of Proper Show Cause Notice Can be Fatal to Proceedings Under Income Tax Act(13.06.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that non-issue of proper show-cause notice can be fatal to the proceedings under the In.....

Tags : ITAT, Income-Tax Act, Show Cause Notice



ITAT: Law Does Not Mandate Written Agreement to Prove Commission Expenses(13.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench while deleting an order disallowing expenses has held that there is no law that mandates a written a.....

Tags : ITAT, Written Agreement, Commission Expenses



ITAT: Drawings Made for Non-Business Purposes are Not Allowable as Income Tax Deduction(13.06.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench has held that drawings made for non-business purposes are not allowable as a deduction under.....

Tags : ITAT, Deductions, Income-Tax



ITAT: Capital Gain Cannot Arise in Respect of a Null And Void Transfer(13.06.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that a null and void transfer of land does not form capital gain and additional short t.....

Tags : ITAT, Void Transfer, Capital Gain



ITAT: Additional Purchase Price fixed for Sugarcane Under Control Order Not Allowed as Deduction(14.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has held that additional purchase price fixed for sugarcane under Clause 5A of Control Order not allo.....

Tags : ITAT, Control Order, Deduction



ITAT: Export Entitlements And Duty Drawback of Promotion Scheme is Assessable Income(14.06.2022)

Income Tax Appellate Tribunal (ITAT), Vishakhapatnam Bench has held that export entitlements and duty drawback of promotion scheme is income assessabl.....

Tags : ITAT, Export Entitlements, Duty drawbacks



Karnataka HC Warns of Contempt Against Officials for Failing to Rehabilitate Villagers(09.10.2020)

Karnataka High Court has said it would initiate proceedings under the Contempt of Courts Act, 1971 against government officers who for the last 37-yea.....

Tags : Karnataka High Court, Failure to Rehabilitate Villagers



ITAT: Income Tax Dept. Can’t Deny TDS Credit to Assessee Once it is Deducted by Employer(04.07.2022)

Income Tax Appellate Tribunal (ITAT), Surat Bench has allowed a claim of TDS credit to the assessee by observing that the same cannot be rejected if t.....

Tags : ITAT, TDS Credit, Deduction



ITAT: Sale of Agricultural Land Does Not Amount to Capital Gain(05.07.2022)

Income Tax Appellate Tribunal (ITAT), Kolkata Bench has held that the sale of agricultural land does not amount to capital gain for the purpose of all.....

Tags : ITAT, Agricultural Land, Capital Gain



ITAT: 100% Deduction U/S 80IC of IT Act allowable when Industry undergone Substantial Expansion(05.07.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that 100% deduction under Section 80IC of Income-Tax (IT) Act, 1961 is allowable when an in.....

Tags : ITAT, Substantial Expansion, 100% Deduction



ITAT: Arrangement Between Spouse Without Real Money Exchange Not Amount to Unexplained Investment(05.07.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that a mere arrangement between a husband and wife without real money exchange cannot be do.....

Tags : ITAT, Arrangement, Unexplained Investment



ITAT: Deposit of Banned Notes Received Out of Cash Sales During Demonetization Period is Valid(05.07.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench while deleting an addition under Section 69A of the Income Tax Act, 1961, has held that depo.....

Tags : ITAT, Cash Sales, Demonetization



ITAT: Depreciation allowable on Toll Collection Rights(15.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench has held that the depreciation under Section 32 of the Income Tax Act, 1961 is allowable on toll coll.....

Tags : ITAT, Toll Collection, Capital Asset



ITAT: Assessee Could Not be Penalized by Denying the Exemption for Mere Technical Violation(15.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that assessee could not be penalized by denying the exemption for mere technical violation .....

Tags : ITAT, Technical Violation



ITAT: Service Tax is Not Payable Until Consideration is Received(15.06.2022)

Income Tax Appellate Tribunal (ITAT), Chennai Bench has held that service tax is not payable until consideration was received.

Tags : ITAT, Service Tax, Consideration



Madras HC: Reference to Transfer Pricing Officer After 21 Months Barred by Limitation(15.06.2022)

Madras High Court has held that a reference to the Transfer Pricing Officer under Section 92CA of the Income (IT) Tax Act, 1961 cannot be made after e.....

Tags : Madras High Court, Transfer Pricing Officer, Limitation



ITAT: Income Tax Notice sent to Dead Person is Invalid(15.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed the re-assessment order passed by assessment officer on the ground that Income Tax Notic.....

Tags : ITAT, Income-Tax Notice, Dead person



ITAT: Income Tax Liability Won’t Arise for Unsecured Loan Transactions Done by Group Entities(16.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that income tax liability won’t arise for unsecured loan transactions done by group entiti.....

Tags : ITAT, Income-Tax Liability, Unsecured Loan



ITAT: Form 67 shall be Filed on or Before Income Tax Return Due Date(16.06.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench has held that in order to avail the deduction of foreign tax credit, it is mandatory to file.....

Tags : ITAT, Foreign Tax Credit, Form 67



ITAT: CIT Doesn’t have Power to Summarily Dismiss Appeal for Non-Prosecution(02.06.2022)

Income Tax Appellate Tribunal (ITAT), Raipur bench has asked to dispose appeal on merits as CIT has no power to summarily dismiss appeal for non-prose.....

Tags : ITAT, CIT, Summary



Delhi HC: Period of Limitation Run from the Day the Amount is Reflected as Outstanding in the Ledger(03.06.2022)

Delhi High Court has held that acknowledgment of an amount as due and payable under the ledger constitutes a fresh cause of action and extends the per.....

Tags : Delhi High Court, Limitation



ITAT: TDS Credit is Allowable if Not Claimed in Subsequent Year(03.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that TDS credit was allowed if it was not claimed in subsequent year.

Tags : ITAT, TDS Credit



ITAT: Consideration for Resale of Computer Software Not Taxable as Royalty for Use of Copyright(06.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that consideration for the resale of the software through End User Licence Agreement is not.....

Tags : ITAT, Computer Software, Royalty, Resale



ITAT: Revisional Jurisdiction Can be Invoked for Lack of Enquiry by Assessing Officer(06.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that lack of enquiry by the assessing officer invokes the jurisdiction of Principle Commis.....

Tags : ITAT, Assessing Officer, Income-Tax Act



ITAT: Section 147 of IT Act is not an Alternative to Section 263 of IT Act(06.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench while quashing Assessment Order under Section 147 of Income-Tax Act, 1961 without Jurisdiction has h.....

Tags : ITAT, Income-Tax Act, 1961, Alternative



ITAT: Payment Made by Mobile Service Provider for Roaming Can’t be Considered as Technical Service(06.06.2022)

Income Tax Appellate Tribunal (ITAT), New Delhi, has held that payment made by a one mobile service provider to another for roaming cannot be consider.....

Tags : ITAT, Income-Tax Act, 1961. Roaming, Technical Service



ITAT: Onus to Prove Authenticity of Loan Transactions is on Assessee(25.05.2022)

Income Tax Appellate Tribunal (ITAT), Raipur bench has held that if AO doubts the authenticity of loan transactions, then, the onus is upon the assess.....

Tags : ITAT, Loan Transaction, Assessee, Onus



NCLAT: Article 1 of Limitation Act,1963 not Apply to Proceedings Under IB Code, 2016(26.05.2022)

National Company Law Appellate Tribunal (NCLAT) Principal Bench has held that the Article 1 of Limitation Act, 1963 is not applicable to the Petition .....

Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, Limitation



ITAT: Onus to Prove Creditworthiness of Unexplained Credit is on Assessee(26.05.2022)

Income Tax Appellate Tribunal (ITAT), Allahabad Bench has held that the onus to prove the creditworthiness of the unexplained credit is on the Assesse.....

Tags : ITAT, Onus, Creditworthiness



ITAT: Assessee Engaged in Generation and Selling of Power can Claim Deduction u/s 801 of ITA(26.05.2022)

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that assessee engaged in generation and selling of power can claim deduction u/s 801 of.....

Tags : ITAT, Income-Tax, Assessee



ITAT: Limited Scrutiny can be Converted to Complete Scrutiny with Approval of PCIT Only(26.05.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the AO can convert the Limited Scrutiny to Complete Scrutiny on certain requiremen.....

Tags : ITAT, Assessing Officer, PCIT



ITAT: Charitable Trust Engaged in Activities Benefiting for Religion can Claim Exemption U/S 11(26.05.2022)

Income Tax Appellate Tribunal, Delhi bench has held that the charitable trust engaged in activities that benefited for particular religion can claim e.....

Tags : ITAT, Charitable Trust, Religion



ITAT: No Income-tax Penalty for Unintentional Error in Form-16(30.05.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has held that income tax penalty cannot be imposed for committing an unintentional error on Form-16.

Tags : ITAT. Income Tax, Form 16



Delhi HC Allows Visitation Rights to Father Despite Contrary Settlement Agreement(04.12.2018)

Delhi High Court has granted visitation rights to the father of a four-year-old girl, despite the fact that the settlement agreement between the girl’.....

Tags : Delhi High Court, Visitation Rights to Father



Converting Company to LLP is a ‘Transfer’: ITAT(07.12.2018)

Income Tax Appellate Tribunal (ITAT) has held that the conversion of a company into an LLP constitutes a “transfer” for the purpose of the Income Tax .....

Tags : ITAT, Converting Company to LLP



Punjab & Haryana HC Seeks DGP’s Report over Witness Protection in Jat Agitation Case(05.12.2016)

Punjab and Haryana High Court has directed Haryana Director General of Police (DGP) to file an affidavit about steps taken to protect witnesses relate.....

Tags : Punjab and Haryana High Court, Director General of Police, Jat agitation



Sushmita Sen Not Liable to Pay Tax on Compensation Received in Sexual Harassment Case: ITAT(20.11.2018)

Income Tax Appellate Tribunal, Mumbai has deleted an addition made by department against Sushmita Sen, former Miss India Universe regarding amount rec.....

Tags : ITAT Mumbai, Sushmita Sen, Coca Cola



Company is Eligible to Claim Deduction of Educational Expenses of Director: ITAT(22.11.2018)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that education expenses incurred by a company for its Director are eligible for deduction under .....

Tags : ITAT, Mumbai, Director education expense, GST'



Non-Residents Not Required to Disclose Their Foreign Bank Accounts: ITAT(26.11.2018)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the non-residents are not required to disclose the details of their foreign bank accounts a.....

Tags : ITAT, Non Residents Bank Accounts



Delay in Getting Signature of MD of Company, Sufficient Cause for Condonation of Delay: ITAT(26.11.2018)

Income Tax Appellate Tribunal ( ITAT ), Hyderabad, while condoning a delay of 92 days in filing Cross Objection filed by a Company, held that there wa.....

Tags : ITAT, Signature of MD, Condonation of Delay



No Income Tax Deduction to Law Firm for Expenses Incurred for Pleasure Tour by Counsels: ITAT(08.01.2019)

Income Tax Appellate Tribunal (ITAT), Delhi, has held that no income tax deduction can be given to the law firm, Luthra & Luthra, for the expenses inc.....

Tags : ITAT, Income Tax Deduction to Law Firm,Pleasure Tour by Counsels



Chhattisgarh High Court: Section 14 of Limitation Act, 1963 has no Application in Criminal Proceeding(30.11.2020)

Chhattisgarh High Court has observed that the Section 14 of the Limitation Act, 1963 has no application in criminal proceedings. The Court noted that.....

Tags : Chhattisgarh High Court, Limitation



MP HC Direct Govt to Draw Definite Plan for Rehabilitation of Migrant Workers(07.12.2020)

Madhya Pradesh High Court has directed the Madhya Pradesh Government and its functionaries to draw out a definite plan to rehabilitate migrated worker.....

Tags : Madhya Pradesh High Court, Rehabilitation of Migrant Workers



Capital Gain of Minor can be Clubbed with Income of Mother: ITAT(17.12.2018)

Income Tax Appellate Tribunal (ITAT), Chennai has held that capital gain received by minor daughters can be clubbed in the hands of the Mother under p.....

Tags : ITAT, Capital Gain of Minor



Wife to Get Tax Exemption Even if Investment Made in Joint Name of Husband: ITAT(18.12.2018)

Income Tax Appellate Tribunal has ruled that assessee wife can claim exemption from tax liability under Section 54F of the Income Tax Act and observe.....

Tags : ITAT, Wife to Get Tax Exemption



Kerala HC Issues Norms for Journalists Accreditation for Reporting Court Proceedings(18.11.2016)

Kerala High Court has published norms for regular accreditation of journalists wanting to report High Court proceedings.

Tags : Kerala High Court, journalists, accreditation



Re-Assessment for Second Time Without Notice is Invalid: ITAT(16.11.2018)

Income Tax Appellate Tribunal (ITAT), Chennai has held that the assessment cannot be re-opened for the second time without issuing a re-assessment not.....

Tags : ITAT, Re-Assessment



Karnataka HC Asks State Govt to Come Out with Better Rehabilitation Scheme for People Evicted(28.09.2020)

Karnataka High Court has directed the State government to come out with a 'better scheme' for rehabilitation of those evicted persons from Kariyammana.....

Tags : Karnataka High Court, Rehabilitation Scheme for People Evicted



Allahabad HC: Shouldn't Advise Clients to Reagitate Matters if No Error Apparent on Face of Record(27.06.2022)

Allahabad High Court has held that an advocate should not give advice of re-agitating matter when there is no error apparent on the face of the record.....

Tags : Allahabad High Court, Reagitate Matters, Error



CESTAT: Extended Period of Limitation Can be Invoked Only on Willful Suppression to Evade ST(27.06.2022)

Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad Bench has held that an extended period of limitation can be invoked only on wil.....

Tags : CESTAT, Extended Period of Limitation, Service Tax



ITAT Condones Delay of 931 Days in Filing Appeal(28.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench while condoning delay of 931 days in filing appeal by the assessee, has held that the delay was due t.....

Tags : ITAT, Delay, Appeal



ITAT: Multiple Flats on Different Floors Cannot be Treated as Single Residential House(29.06.2022)

Income Tax Appellate Tribunal (ITAT), Cuttack Bench has held that the multiple flats in different floors of the same building cannot be treated as a s.....

Tags : ITAT, Capital Gain Exemption, Income-Tax Act



ITAT: Income Tax on Both Owner and GPA Holder on Same Income Amounts to Double Taxation(07.06.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam has held that levy of Income-tax on both landowner and GPA holder for the same income amounts to d.....

Tags : ITAT, Income-Tax Act, Double Taxation



ITAT: Belated Payment to PF/ESI Before Due Date for Filing Return is Deductable U/S 43B of IT Act(07.06.2022)

Income Tax Appellate Tribunal (ITAT), Allahabad has held that the belated payment of employee contribution to Provident Fund (PF)/Employees State Insu.....

Tags : ITAT, Income-Tax Act, PF/ESI



ITAT: Tuition Fee is Taxable Only When a Related Service is Provided by the Educational Institution(07.06.2022)

Income Tax Appellate Tribunal (ITAT), Hyderabad has held that advance tuition fee collected is taxable only when a related service is provided by the .....

Tags : ITAT, Tuition Fees, Educational Institution



ITAT: Limited Scrutiny Can be Converted to Regular Assessment After Approval of Competent Authority(07.06.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that limited scrutiny can be changed to the regular assessment with the approval of the compe.....

Tags : ITAT, Scrutiny, Competent Authority



ITAT: TDS Credit Can be Claimed From the Country in Which Income was Taxed(08.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi has held that TDS credit can be claimed from the country in which the income was taxed.

Tags : ITAT, TDS Credit



ITAT: Profits from Providing Technical Services to Other Airlines is Covered Under DTAA(08.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi while upholding the decision of Commissioner of Income-tax (Appeals) has held that profits from providing .....

Tags : ITAT, Double Taxation Avoidance Agreement, Technical Services



ITAT Disallows IT Deduction U/S 80IA as Income From Eligible Unit Not Shown in Gross Total Income(08.06.2022)

Income Tax Appellate Tribunal (ITAT), Cuttack bench has disallowed deduction under Section 80IA of Income-Tax Act, 1961 since income from eligible uni.....

Tags : ITAT, Income-Tax Act, Deduction



ITAT: Reasonableness of Expenses to be Judged from Angle of Businessman Rather Than from Angle of AO(17.06.2022)

Income Tax Appellate Tribunal (ITAT) Delhi bench, has held that reasonableness of expenses to be judged from the angle of the businessman rather than .....

Tags : ITAT, Assessing Officer, Businessman



ITAT: Depreciation Claimed on Government Securities Categorised as AFS is Allowable(17.06.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that depreciation claimed for the Government securities categorised as 'Available for S.....

Tags : ITAT, Government Security, AFS



MP HC Commutes Death Sentence of Man Convicted for Rape And Murder of 4 Year Old(17.06.2022)

Madhya Pradesh High Court has commuted death sentence of a man convicted for rape and murder of a 4-year-old girl. The Court held that since the convi.....

Tags : Madhya Pradesh High Court, Death Sentence, Rehabilitation



ITAT: Payment of Consultation Fee After IT Dept.’s Order Cannot be Treated as Prior Period Expenses(20.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that payment of Tax Consultation Fee after passing of Order by Income Tax Department canno.....

Tags : ITAT, Tax Consultation Fees, Prior Period Expenses



ITAT: Short Term Capital cannot be carried forward as it has not been claimed through a Return filed(21.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that short term capital cannot be carried forward as it has not been claimed through a ret.....

Tags : ITAT, Short Term Capital, Income-Tax Act



ITAT: CIT (A) required to Examine Documentary Evidences filed before Confirming Findings of AO(21.06.2022)

Income Tax Appellate Tribunal (ITAT), Amritsar Bench has held that Commissioner of Income-tax (Appeals) [CIT (A)] is required to examine documentary e.....

Tags : ITAT, CIT(A), Assessing Officer



ITAT: Entertainment Subsidy Falls Under Capital Receipt(22.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench has held that Entertainment subsidy falls under capital receipt.

Tags : ITAT, Entertainment Subsidy, Capital Receipt



ITAT: Not All Appellate Orders are Erroneous(30.06.2022)

Income Tax Appellate Tribunal (ITAT), Cuttack bench has advised the income tax department to be careful in filing the appeals against the orders of th.....

Tags : ITAT, Income Tax Department, Erroneous



ITAT: 3rd Party Statement alone not Incriminating Material for justifying Addition in Assessment(30.06.2022)

Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that third party statement alone, not incriminating material for justifying addition made .....

Tags : ITAT, Incriminating Material, Income-Tax Act



ITAT: Consultation Fee Paid by Times Internet to EY Allowable as Expenditure(01.07.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench while allowing relief to Times Internet has allowed the consultation fee paid to EY as business expe.....

Tags : ITAT, Consultation Fee, Expenditure



ITAT: Hospitals Need to Deduct TDS for Payments to Doctors Engaged as Retainers And Consultants(01.07.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the hospitals shall deduct TDS under Section 194J of the Income Tax Act, 1961 in respe.....

Tags : ITAT, TDS, Retainers, Consultants



MP HC: Section 5 of Limitation Act Applies to Arbitration Reference Under National Highways Act(04.07.2022)

MP High Court has held that Section 5 of Limitation Act is applicable to reference to arbitration under National Highways Act, therefore limitation pe.....

Tags : Madhya Pradesh High Court, Limitation, Competent Authority



ITAT: Goodwill Acquired Under Slump Sale Agreement Eligible for Depreciation(04.07.2022)

Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that the depreciation is allowed on goodwill acquired under a slump sale agreement unde.....

Tags : ITAT, Depreciation, Slump Sale Agreement



ITAT: TDS Not Applicable to Commission to Credit Card Company Under Section 194H of IT Act(09.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that TDS under Section 194H of the Income-Tax (IT) Act, 1961 is not applicable to the amoun.....

Tags : ITAT, Income-Tax Act, Credit Card



ITAT: Foreign Exchange Derivative Losses Can be Allowed for Deduction as it is Notional Loss(09.06.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that foreign exchange derivative losses can be allowed for deduction as it is notional .....

Tags : ITAT, Foreign Exchange Derivative



ITAT Condones Delay in Filing Audit Report Due to Illness of Accountant(10.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has condoned a delay in filing audit report since the Accountant of the assessee was undergoing medic.....

Tags : ITAT, Medical Treatment, Assessee, Condoned



ITAT: Expenses Paid Through Cheques Based on Self-Made Voucher Allowable as Income Tax Deduction(10.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has allowed the expenses paid through cheques based on the self-made voucher allowable as deduction u.....

Tags : ITAT, Deductions, Cheque



ITAT: Commission Earned on Distribution of Indian Mutual Fund Outside India is Not Taxable(10.06.2022)

Income Tax Appellate Tribunal (ITAT) has held that commission earned on distribution of Mutual Funds schemes of an Indian fund outside India cannot be.....

Tags : ITAT, Mutual Funds, Distribution



ITAT: Provision Mandating Furnishing of PAN With E-TDS has Overriding Effect(10.06.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench has held that the provision mandating furnishing of PAN with E-TDS has an overriding effect .....

Tags : ITAT, Income-Tax Act, PAN



Supreme Court Reiterates Section 18 Limitation Act Is Applicable To IBC Proceedings(19.05.2022)

Supreme Court reiterates that the provisions of Section 18 of the Limitation Act are applicable to proceedings under the Insolvency and Bankruptcy C C.....

Tags : Supreme Court, Insolvency and Bankruptcy Code, 2016, Section 18 Limitation Act



Bombay HC: Loss On Trading in Derivatives of Securities Not A Speculative Loss(19.05.2022)

Bombay High Court has ruled that transactions in respect of trading in derivatives carried out in a recognized stock exchange are excluded from the de.....

Tags : Income-Tax Act, Bombay High Court, ITAT, Finance Act



ITAT: Income Tax Addition Cannot be based on Conjectures and Surmises(20.05.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench, while quashing an assessment under the Income Tax Act, 1961, has held that the income tax addition .....

Tags : ITAT, Assessment



ITAT: Husband Entitled Capital Gain Exemption for Asset Bought In The Name of Wife(23.05.2022)

Income Tax Appellate Tribunal, Jaipur held that the husband was entitled to a capital gain exemption for assets bought in the name of the wife. The IT.....

Tags : ITAT, Jaipur, Assessee, Exemption



ITAT: Amount Invested in Capital Gain Scheme not Subjected to Tax in The Year of Investment(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the amount once invested in the capital gain scheme cannot be brought to tax in the ye.....

Tags : ITAT, Capital Gain, Investment



ITAT: Centralized Processing Centre has No Jurisdiction of Adjustment U/S 143(1)(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the Centralized Processing Centre has no jurisdiction to exercise the power under sec.....

Tags : ITAT, Centralized Processing Centre, Income-Tax Act, Assessee



P&H High Court: Circumstances Point Towards Rape in Murthal During Jat Agitation(20.01.2017)

Punjab & Haryana High Court has observed that statements of some witnesses and recovery of women's undergarments indicate that rapes had taken place a.....

Tags : Punjab & Haryana High Court , Murthal, Jat Agitation, Rape



Insolvency Proceedings can be Withdrawn After Invitation Of Resolution Plans Under Regulation 36A: SC(30.01.2019)

Supreme Court has permitted withdrawal of Corporate Insolvency Resolution Process(CIRP) even after Resolution Professional issued invitation for expre.....

Tags : Supreme Court, Insolvency Proceedings, Invitation Of Resolution Plans



NGT Notices Centre, AAP Govt, Municipal Corporation over Sanitation Workers Strike(10.01.2017)

National Green Tribunal (NGT) has issued a notice to Centre, Delhi government, East Delhi Municipal Corporation and Union of sanitation workers over s.....

Tags : National Green Tribunal, Sanitation Workers, Strike



Delhi HC Directs EDMC to Immediately Pay Salaries of Sanitation Workers(11.01.2017)

Delhi High Court has directed East Delhi Municipal Corporation (EDMC) to ensure that any garbage dumped on east Delhi roads is immediately cleared and.....

Tags : Delhi High Court, East Delhi Municipal Corporation, Sanitation Workers



NGT Directs AAP Govt to Pay Salaries to Sanitation Workers(13.01.2017)

National Green Tribunal (NGT) has directed Delhi Government to pay salaries to sanitation workers of East Delhi Municipal Corporation(EDMC) without "d.....

Tags : National Green Tribunal , sanitation workers, East Delhi Municipal Corporation



Allahabad HC Disposes PIL for Protection of Sanitation Workers Amid Covid-19(10.12.2020)

Allahabad High Court has refused to issue directions for protection of sanitation workers, said to be working not only colonies in different cities, b.....

Tags : Allahabad High Court, Protection of Sanitation Workers



Karnataka HC Issue Directions for Implementation of Provisions to Prohibit Manual Scavenging(10.12.2020)

Karnataka High Court has issued several directions to the state government to ensure proper implementation of the provisions of the Prohibition of Emp.....

Tags : Karnataka High Court, Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013.



Tax Benefit can be Availed on Multiple Flats' Sale, Says ITAT(12.02.2019)

Income Tax Appellate Tribunal (ITAT) has held that a taxpayer can avail of the tax benefits where long-term capital gains arising on sale of more than.....

Tags : ITAT, Tax Benefit can be Availed on Multiple Flats' Sale



Calcutta HC: SC Order Extending Limitation Period to Apply to 30 Days for Filing Written Statement(04.01.2021)

Calcutta High Court has observed that the order of the Supreme Court dated 23rd March, 2020 extending limitation period would apply only to the first .....

Tags : Calcutta High Court, Extension of Limitation Period



Allahabad HC Closes Suo Moto PIL for Extension of Limitation & Interim Orders During Lockdown(07.01.2021)

Allahabad High Court has closed the suo moto Public Interest Litigation registered by it for extension of limitation and interim orders expiring durin.....

Tags : Allahabad High Court, Extension of Limitation and Interim Orders



Punjab and Haryana High Court: Stop Pressuring Trial Judge in Jat Agitation Case(01.03.2017)

Punjab and Haryana High Court has observed that a judge hearing violence cases registered during February 2016 Jat agitation was "under pressure".

Tags : Punjab and Haryana High Court, Jat Agitation



DIRECT TAXATION - In Domestic Company's Global Deal, Commissions and Not Entire Income is Taxable Domestically: ITAT(01.03.2019)

Income Tax Appellate Tribunal, in a case of Fox International, has held that when a company based in India collects commission on a global deal what i.....

Tags : ITAT, Global Deal Commissions



DIRECT TAXATION - In Company's Global Deal, Commissions and Not Entire Income is Taxable Domestically: ITAT(01.03.2019)

Income Tax Appellate Tribunal, in a case of Fox International, has held that when a company based in India collects commission on a global deal what i.....

Tags : ITAT, Fox Internation



CIVIL - SC Issues Directions Regarding Rehabilitation of Cured Mental Patients(05.03.2019)

Supreme Court has issued some directives for rehabilitation of those who are cured of mental illness but still languishing in asylums due to unwilling.....

Tags : Supreme Court, Rehabilitation of Cured Mental Patients



CRIMINAL - There is No Limitation Period to Seek Declaration of Marriage As 'Null And Void': SC(07.03.2019)

Supreme Court has observed that no period of limitation is prescribed so far as presentation of petition for declaration to declare a marriage being n.....

Tags : Supreme Court, Declaration of Marriage as 'Null And Void', Limitation Period



FAMILY - There is No Limitation Period to Seek Declaration of Marriage as 'Null And Void': SC(07.03.2019)

Supreme Court has observed that no period of limitation is prescribed so far as presentation of petition for declaration to declare a marriage being n.....

Tags : Supreme Court, Declaration of Marriage as 'Null And Void', Limitation Period



ITAT Kolkata: Genuineness Cannot be Doubted Since All Payments were Made Through Banking Channel(11.02.2021)

Income Tax Appellate Tribunal (ITAT) Kolkata in a case deleted the addition confirmed by the lower authorities without pointing any defect in the bank.....

Tags : ITAT, Kolkata, Genuineness



ITAT Mumbai Deletes Disallowance on Expenditure(12.02.2021)

Income Tax Appellate Tribunal (ITAT), Mumbai, while granting relief to the IDBI Bank deleted the disallowance on expenditure incurred in relation to i.....

Tags : ITAT Mumbai, Disallowance



Supreme Court Slams Centre for Delay in Tax Tribunal Appointments(07.03.2017)

Supreme Court has said that Governments inaction with regard to appointment of President and Vice-Presidents of ITAT is causing enormous hardship to l.....

Tags : Supreme Court, ITAT, Appointment



DIRECT TAXATION - ITAT Shields Tax Relief on New House(15.03.2019)

Income-Tax Appellate Tribunal (ITAT), Mumbai bench has held that investment-linked capital gains tax exemption, available on purchase of a new house, .....

Tags : ITAT, Second House, Capital Gain, Tax Relief



DIRECT TAXATION - Partners can’t be Taxed for Transaction Made by Firm: ITAT(18.03.2019)

Income Tax Appellate Tribunal ( ITAT ), Pune has held that the partners cannot be taxed for transaction made by the Firms.

Tags : ITAT, Partnership, Tax



DIRECT TAXATION - Mere Execution of Power of Attorney Doesn't Amount to ‘Transfer’: ITAT(18.03.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has held that mere execution of a Power of Attorney would not amount to transfer of property for determi.....

Tags : ITAT, Power of Attorney, Transfer of Property



SC to Centre: Fill Up ITAT Vacancies In 3 Weeks(04.04.2017)

Supreme Court has given three weeks time to Centre to fill up vacancies of presidents and vice presidents in different benches of the Income Tax Appel.....

Tags : Supreme Court, ITAT



DIRECT TAXATION - Addition for Unexplained Share Capital and Share Premium Can’t be Made Prior to 2013 Amendment: ITAT(27.03.2019)

Income Tax Appellate Tribunal (ITAT) has held that addition in respect of share capital and premium by treating the same as unexplained cannot be made.....

Tags : Income Tax Appellate Tribunal, ITAT, Income Tax Act, 1961



DIRECT TAXATION - ITAT Rejects Fake Claim for Deduction of Rent Paid to Mother as Same Was an Afterthought(27.03.2019)

Income Tax Appellate Tribunal (ITAT) has disallowed a fake claim for deduction because it was established that the rent paid to mother was nothing, bu.....

Tags : Income Tax Appellate Tribunal, ITAT, Rent Deduction, false claim



DIRECT TAXATION - Delay in Statutory Audit is Reasonable Cause for Delayed Filing of Tax Audit Report: ITAT(27.03.2019)

Income Tax Appellate Tribunal (ITAT) has held that the delay in completion of statutory audit can be a reasonable cause for delay in filing of the tax.....

Tags : Income Tax Appellate Tribunal, ITAT, statutory audit, tax audit report



DIRECT TAXATION - ITAT: Mere Suspicion that Expenditure is for Non-Business Purposes Can’t be a Ground for Addition(28.03.2019)

Income Tax Appellate Tribunal (ITAT) has held that addition cannot be made merely on the ground that the expenditure is for non-business purposes.

Tags : Income Tax Appellate Tribunal, ITAT



SC: Period of Limitation to Commence from When Signed Copies Available to Parties(03.03.2021)

Supreme Court has held that the period of limitation for filing the Petition under Section 34 of the Arbitration and Conciliation Act, 1996 would comm.....

Tags : Supreme Court, Period of Limitation



ITAT Jaipur: Order of AO Accepting Suo-Moto Disallowance for Bonus Cannot be Held to be Erroneous(04.03.2021)

Income Tax Appellate Tribunal (ITAT), Jaipur Bench has ruled that the order of Assessing Officer/AO accepting suo-moto disallowance for bonus cannot b.....

Tags : ITAT Jaipur, Disallowance



ITAT Hyderabad: Cost of Steam Transferred from Power Division to Sugar Division Computed was more(04.03.2021)

Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has while upholding the order of Commissioner of Income Tax (Appeals) noted that the cost of ste.....

Tags : ITAT Hyderabad, Steam



ITAT Jaipur: Crisis Due to Non-Recovery of Bank Dues a ‘Reasonable Cause’ for not Producing Documents(04.03.2021)

Income Tax Appellate Tribunal (ITAT), Jaipur has ruled that the crisis due to non-recovery of Bank Dues is a ‘Reasonable Cause’ for not producing docu.....

Tags : ITAT Jaipur, Non-Recovery



ITAT Chennai: Urban Land Leased Out to Educational Trust Cannot be Treated as ‘Vacant Land’(04.03.2021)

Income Tax Appellate Tribunal (ITAT), Chennai has held that wealth tax is not applicable on lands held by a trust for charitable purposes.

Tags : ITAT Chennai, Urban Land



SC: Limitation Period for Filing 'Section 11' Application Governed by Article 137 Limitation Act(10.03.2021)

Supreme Court has stated that the period of limitation for filing an application under Section 11 of the Arbitration and Conciliation Act, 1996 would .....

Tags : Supreme Court, Limitation Period for Filing 'Section 11' Application



Holding Period of House Starts from Date of Allotment, Not Registration: ITAT(08.04.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that date of allotment of a house shall be treated as the date of acquisition and holding .....

Tags : ITAT, Date of Allotment, Holding Period



Sale of Client Relationship and Goodwill by CA Firm Constitute Capital Gain: ITAT(10.04.2019)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that sale of client relationship and goodwill by firm is capital asset under section 2(14),.....

Tags : ITAT, CA Firm, Sale of Client Relationship and Goodwill



IT Deduction Available on Purchase of Two Houses Even If Investment is Not of Capital Gain: ITAT(12.04.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that deduction under section 54 Income Tax Act is available on purchase of two residential.....

Tags : ITAT, Residential Houses, Capital Gain



Long-Term Employees Benefits Deductible While Computing Book Profit: ITAT(15.04.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that long term employees benefits such as gratuity, leave encashment, ex-gratia & bonus e.....

Tags : ITAT, Long-Term Employees Benefits



Supreme Court Refuses to Entertain Plea Seeking Uniform Policy to Resolve Public Agitations(18.03.2021)

Supreme Court has declined to entertain plea by Bharat Bhoomi Bachao Sangharsh Samiti seeking directions for framing of guidelines and a uniform polic.....

Tags : Supreme Court, Uniform Policy to Resolve Public Agitations



SC: Application Under Section 7 IBC Can Claim Benefit of Section 14 Limitation Act(24.03.2021)

Supreme Court has held that in an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 the applicant can claim the benefit of Secti.....

Tags : Supreme Court, Benefit of Section 14 Limitation Act



ITAT Delhi Deletes Addition Made on Account of Unexplained Cash Credits to Tune of Rs.5.76 Cr(01.04.2021)

Income Tax Appellate Tribunal (ITAT), New Delhi Bench deletes additions made on account of unexplained cash credits to the tune of Rs.5.76 crores.

Tags : ITAT Delhi, Addition



SC: Subsequent Parties Entitled To Seek Declaration that Land Acquisition Proceedings Have Lapsed(05.05.2017)

Supreme Court has held that subsequent purchaser, assignee, successor in interest, power of attorney, etc., are all persons who are interested in comp.....

Tags : Supreme Court, Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act



Calcutta High Court to ITAT: Refund Seized Money in New Currency(20.04.2017)

Calcutta High Court has ordered Income Tax Department to refund in valid/new currency, any money held by it on account of a Court order.

Tags : Calcutta High Court, ITAT, new currency



Karnataka High Court: KIAD Act Must Conform to Provisions of Centre's 2013 Land Acquisition Act(21.04.2017)

Karnataka High Court has ruled that Section 24 of Centre's Land Acquisition, Rehabilitation and Resettlement Act, 2013 that deals with compensation, w.....

Tags : Karnataka High Court, Land Acquisition, Rehabilitation and Resettlement Act, 2013



No TDS on Broadcast Company on Channel Placement Fees: ITAT(23.04.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that Tax Deduction at Source (TDS) provision will not be applicable for broadcast company .....

Tags : ITAT, Broadcast Company



Can't be Said That Attack Made at Spur of Moment Without Premeditation in case of Multiple Wounds: SC(24.04.2019)

Supreme Court while deciding a criminal appeal has observed that it cannot be said that attack was made at the spur of the moment without pre-meditati.....

Tags : Supreme Court, Attack Made at Spur of Moment Without Premeditation, Multiple Wounds



Can't be Said That Attack Made at Spur of Moment Without Premeditation in Case of Multiple Wounds: SC(24.04.2019)

Supreme Court, while deciding a criminal appeal, has observed that it cannot be said that attack was made at the spur of the moment without pre-medita.....

Tags : Supreme Court, Attack Made at Spur of Moment Without Premeditation, Multiple Wounds



Acquisition of Tenancy Right Not Eligible for Capital Gain Exemption: ITAT(01.05.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the acquisition of the tenancy rights would not amount to purchase or construction of a new.....

Tags : ITAT, Acquisition of Tenancy Right, Capital Gain Exemption



ITAT: Non-Filing of Income Tax Return Cannot be a Ground to Deny Capital Gain Exemption(21.05.2019)

ITAT Bangalore has observed that the benefit of the capital gain exemption cannot be denied to a taxpayer on the ground that the income tax return is .....

Tags : ITAT, Exemption



ITAT: Cash Loan from Parents and Brother for Purchasing House for Whole Family do Not Attract Penalty(21.05.2019)

ITAT Delhi has ruled that the cash loan received from the parents and brother of the Assessee for the purchase of the house for the whole family canno.....

Tags : ITAT, Cash Loan



ITAT: AO Cannot Re-Consider Grounds of Addition Which are Already Negated by Appellate Forums(22.05.2019)

Income Tax Appellate Tribunal (ITAT), Delhi has ruled that the Assessing Officer, on remand by the writ court to consider the matter afresh, is not pe.....

Tags : ITAT, Addition



ITAT: Salary Paid to Employees of University Not Subject to TDS(23.05.2019)

ITAT Cochin has ruled that the salary paid to the employees of the Concerned University would not be subject to Tax Deduction at Source ( TDS ) as the.....

Tags : ITAT, TDS



ITAT: Self-Occupied Property Cannot Enter Into the Block of Depreciable Asset(27.05.2019)

Income Tax Appellate Tribunal Mumbai has recently rejected Bollywood singer Sonu Nigam’s plea by holding that the self-occupied property cannot enter .....

Tags : ITAT, Property



Supreme Court Extends Limitation Period to File Cases Under All Laws Across Country(27.04.2021)

Supreme Court has relaxed the limitation period to file cases under all general and special laws across the country from 14th March, 2021 until furthe.....

Tags : Supreme Court, Extension of Limitation Period



ITAT, Delhi Declares 'Invalid' Block Assessment Without Valid Search Warrant(12.06.2017)

ITAT, Delhi has held that block assessment u/ss 153A/153C of Income Tax without serving a proper and valid search warrant is invalid.

Tags : ITAT, Delhi, Block Assessment



ITAT: Approval Cannot be denied on Ground That Society is Not Engaged in Charitable Activities(28.05.2019)

ITAT Mumbai has held that the benefit of Section 80G under the Income Tax Act, 1961 cannot be denied to society solely for the reason that it is not i.....

Tags : ITAT, Approval



ITAT Ahmedabad: Disallowance Made for Exempted Income not to be Added for Book Profit(19.05.2021)

Income Tax Appellate Tribunal (ITAT) Ahmedabad, ruled that the disallowance made for Exempted Income should not to be added for computing of Computati.....

Tags : ITAT Ahmedabad, Disallowance



MP HC Seeks Response in Plea Seeking Direction on Invitation of Global Tenders for Vaccination(21.05.2021)

Madhya Pradesh High Court has sought response from Centre and State Government in a plea seeking a direction to the State to initiate steps to invite .....

Tags : Madhya Pradesh High Court, Invitation of Global Tenders for Vaccination



ITAT Delhi: ‘Personal Use’ has Important Role in Granting Depreciation on any Vehicle(04.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has held that the element of personal use has a significant role to play while granting depreciation on any.....

Tags : ITAT Delhi, Personal Use



ITAT Delhi: Cost of Investment in Land is part of Cost of Construction of Residential House(07.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the cost of investment in land is also part of the cost of construction of the residential h.....

Tags : ITAT Delhi, Investment



Rajasthan High Court Extends Limitation Period/ Interim Orders During Lockdown Period(17.05.2021)

Rajasthan High Court has issued a circular stating that all Courts in the State shall continue to function completely through virtual mode. All inter.....

Tags : Rajasthan High Court, Extension of Limitation Period/Interim Orders



ITAT Chandigarh: Penalty Granted on Surrender Made on Account of Discrepancy in Stock(04.07.2019)

Income Tax Appellate Tribunal (ITAT), Chandigarh has ruled that the penalty under Section 271AAB of the Income Tax Act, 1961 was rightly imposed in th.....

Tags : ITAT Chandigarh, Penalty



ITAT Pune: Revisional Jurisdiction Cannot be Invoked Against an Illegal Re-Assessment(20.06.2019)

Income Tax Appellate Tribunal (ITAT Pune) has noted that the revisional jurisdiction under Section 263 of the Income Tax Act, 1961 cannot be invoked b.....

Tags : ITAT Pune, Revisional Jurisdiction



SC Issues Notice on PIL Seeking Compensation and Rehabilitation of Victims of West Bengal Riots(25.05.2021)

Supreme Court has issued notice on a Public Interest Litigation (PIL) seeking compensation and rehabilitation of the victims of the alleged state spon.....

Tags : Supreme Court, Compensation and Rehabilitation of Victims of West Bengal Riots



Madras HC: Government Cannot Arbitrarily Give Away Hills and Hillocks for Exploitation(31.05.2021)

Madras High Court has criticized the practice of mechanically issuing licenses for mining of hillocks, without assessing the impact it may have on the.....

Tags : Madras High Court, Exploitation of Hills and hillocks



Orissa HC Seeks Response on Disbursement of Compensation to Sanitation Workers’ Families(01.06.2021)

Orissa High Court has sought response of Water Corporation of Odisha (WATCO) on the issue of disbursement of compensation to the families of sanitatio.....

Tags : Orissa High Court, Disbursement of Compensation to Sanitation Workers’ Families



ITAT: Section 50C of 1961 Act Not Applicable on Brokerage Costs Incurred on Sale Consideration(09.07.2019)

Income Tax Appellate Tribunal (ITAT) Ahmedabad has ruled that Section 50C of the Income Tax Act, 1961 (1961 Act) cannot be applicable in case of broke.....

Tags : ITAT, Brokerage Costs



Kerala HC: Law of Limitation Only Bars Judicial Remedy and Not Substantive Right(30.06.2021)

Kerala High Court has decided in a pension recovery matter that the Law of Limitation only bars judicial remedy, and that the substantive right itself.....

Tags : Kerala High Court, Law of Limitation



Madras HC: Limitation for Presenting Documents Not for Order or Decree by Court(01.07.2021)

Madras High Court has held that the limitation prescribed under Section 23 of the Registration Act, 1908, for presenting documents will not stand attr.....

Tags : Madras High Court, Limitation for Presenting Documents



Supreme Court: Art 113 of Limitation Act Cannot Be Invoked If Case is Governed by Specific Entry(18.09.2017)

Supreme Court has held that period of limitation under residuary Article 113 cannot be invoked if there is any other specific entry governing the case.....

Tags : Supreme Court, limitation



ITAT Delhi: Rent Received by Trust from Shops Purchased Out of Excess Fund is Taxable(09.08.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the rental income received by a Trust from the properties purchased out of the surplus fund .....

Tags : ITAT Delhi, Rent



ITAT Bengaluru: Cost Incurred on Alteration/Renovation on Purchased Unit is Eligible for Capital Gain(26.09.2017)

A Division bench of ITAT Bengaluru has held that the benefit of Section 54F of the Income Tax Act, 1961 can be extended to the cost incurred by the as.....

Tags : ITAT Bengaluru, Exemption, Capital Gain



Delhi High Court: Statute Of Limitation Puts The Sword Of Damocles To Rest(03.10.2017)

Delhi High Court while refusing to hear an Appeal filed after a delay of 504 days noted that the application for condonation of delay did not disclose.....

Tags : Delhi High Court, Limitation



ITAT Mumbai: Share in Goodwill Paid to Legal Heirs of Deceased Partners Allowable as Deduction(26.08.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has ruled that the payment made to the legal heirs of deceased partners towards share in goodwill is allo.....

Tags : ITAT Mumbai, Deduction



ITAT Pune: Ex-Gratia Payment to Prematurely Retiring Employees Deductible Even in Absence of Scheme(30.08.2019)

Income Tax Appellate Tribunal (ITAT) Pune has ruled that the amount of ex-gratia payment to the prematurely retiring employees can be allowed as a ded.....

Tags : ITAT Pune, Ex-Gratia Payment



ITAT Delhi: Disallowance of Expenditure is not Concealment of Income(30.07.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that mere disallowance of expenditure claimed in the return would not amount to ‘concealment of i.....

Tags : ITAT Delhi, Disallowance



Patidar Agitation: Gujarat High Court Allows Bail to Alpesh Kathiriya in Sedition Case(01.08.2019)

Gujarat High Court granted bail to Patidar quota agitation leader Alpesh Kathiriya in connection with a sedition case against him in Surat on the cond.....

Tags : Patidar Agitation, Gujarat High Court



ITAT Mumbai: Shah Rukh Khan Gets Tax Relief on Dubai Villa(25.08.2017)

Income Tax Appellate Tribunal has ruled that a Dubai villa owned by Shah Rukh Khan was out of the tax ambit.

Tags : ITAT Mumbai, Shah Rukh Khan



ITAT Delhi: Money Spent on Scholarships for Students is Revenue Expenditure(14.08.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the sum of money paid by Senior Advocate Harish Salve towards scholarships of students at Ox.....

Tags : ITAT Delhi, Revenue Expenditure



Modi Government Notifies Rules for Land Acquisition Bill 2013(21.12.2015)

Modi Government has notified rules for Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, pass.....

Tags : Modi Government, Land Acquisition, Rehabilitation and Resettlement Act 2013



ITAT: Distribution Fee Paid By Google India to Google Ireland for 'Adwords' is Taxable in India(27.10.2017)

Bengaluru ITAT has held that distribution fee paid by Google India to Google Ireland for use of its ‘Adwords programme’ is taxable in India as ‘royalt.....

Tags : ITAT, Google



Delhi HC Issues Notice to DCPCR & Others on Plea for Rehabilitation of Affected Children(13.08.2021)

Delhi High Court has issued notice to DCPCR & Others on a petition seeking requisite steps to eradicate the problem of child beggary and related probl.....

Tags : Delhi High Court, Rehabilitation of Affected Children



ITAT: Rent From Hoardings Received by Co-operative Housing Society Taxable as ‘House Property Income’(04.10.2017)

In an important ruling, Ahmadabad bench of ITAT has held that the rent received by a Co-operative housing society by letting out space for hoardings a.....

Tags : ITAT, Income from House Property, Income Tax Act, 1961



ITAT: Penalty not to be Imposed When Legal Heir Revises Return, Voluntarily Offers Income to Tax(04.10.2017)

ITAT, Mumbai while quashing penalty proceedings against the legal heir of assessee where he revised the return and voluntarily offered the additional .....

Tags : ITAT Mumbai, Section 271(1)(c) of IT Act, 1961



ITAT Hyderabad Quashes Assessment, Rules that Sale Agreement between Son and Father is Valid(04.10.2017)

In an important ruling, ITAT, Hyderabad bench while quashing the assessment proceedings has held that a sale agreement between son and father cannot b.....

Tags : ITAT Hyderabad



Delhi HC Reduces Visitation Time Granted to Mother with Respect to Her Son(23.08.2021)

Delhi High Court has reduced, with consent of the parties, the visitation time granted to a mother with respect to her son residing with her estranged.....

Tags : Delhi High Court, Visitation Time Granted to Mother



Supreme Court: Issue of Limitation not to be Examined while Considering Application under Section 11(28.11.2019)

Supreme Court has noted that while considering an application under Section 11 of the Arbitration and Conciliation Act, 1996 seeking appointment of an.....

Tags : Supreme Court, Limitation



ITAT Delhi: Excessive Application of Net Profit Rate is Not Admissible(04.12.2019)

Income Tax Appellate Tribunal, Delhi has ruled that in earlier assessment years as well as in subsequent assessment years, a particular net profit rat.....

Tags : ITAT Delhi, Net Profit Rate



ITAT Delhi: Section 36(1)(vii) Applicable in Inability or Insolvency Cases(05.12.2019)

Income Tax Appellate Tribunal, Delhi has held that an Assessee is entitled to claim under Section 36(1)(vii) of the Income Tax Act where the money is.....

Tags : ITAT Delhi, Insolvency



Delhi HC: Court can Take Cognizance of Offence Even After Expiry of Limitation if Delay is Explained(05.12.2019)

Delhi High Court has reiterated the position of law that Magistrate can take cognizance of an offence even after the expiry of a limitation period. Th.....

Tags : Delhi HC, Limitation



Delhi HC to Govt: Rehabilitate Those Wrongfully Jailed(04.12.2017)

Delhi High Court, while empathizing with victims of wrongful imprisonment, has said that there is an "obvious gap" in law to compensate and rehabilita.....

Tags : Delhi High Court, Rehabilitation



Madras HC Issues Directions to State for Rehabilitation of Victims and Families(14.09.2021)

Madras High Court has issued a host of directions to the State government for the rehabilitation of the victims and their families of the 2018 inciden.....

Tags : Madras High Court, Rehabilitation of Victims and Families



SC Directs Faridabad Municipal Corporation to Roll Out Provisional Rehabilitation Scheme(15.09.2021)

Supreme Court has asked the Municipal Corporation of Faridabad to roll out a provisional scheme for rehabilitation of residents in relation to the dem.....

Tags : Supreme Court, Provisional Rehabilitation Scheme



SC Asks to Consider Inclusion of Aadhar Card in Eligibility Criteria for Rehabilitation(28.09.2021)

Supreme Court has asked the Municipal Corporation of Faridabad to consider whether Aadhar card could be included in the eligibility criteria for ident.....

Tags : Supreme Court, Eligibility Criteria for Application for Rehabilitation



Rajasthan High Court Sets Period of Limitation for Preferring Appeal from Decision of Family Court(14.11.2019)

Rajasthan High Court has ruled while harmonizing the provisions contained under Section 19 of the Family Courts Act, 1984 and Section 28 of the Hindu .....

Tags : Rajasthan High Court, Limitation



ITAT Delhi Orders Withdrawal of Tax Exemption to Congress-Controlled Young Indian(18.11.2019)

Income Tax Appellate Tribunal, Delhi has ruled that the withdrawal of income tax exemption to Young Indian, an entity controlled by Congress president.....

Tags : ITAT Delhi, Young India



ITAT Mumbai : Period of Holding Calculated from Original Date of Acquisition of Property(20.11.2019)

Income Tax Appellate Tribunal, Mumbai has ruled that period of holding the asset has to be computed not from the date when Memorandum of Understanding.....

Tags : ITAT Mumbai, Property



ITAT: Interest Paid On Bank Loan Not Liable To TDS(18.11.2021)

Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that the interest paid on bank loan cannot be liable to Tax Deduction at Source (TDS).

Tags : ITAT, TDS



Supreme Court Asks to Chalk Out Plan to Rehabilitate Evicted Slum Dwellers(07.12.2021)

Supreme Court has asked the Ministry of Railways, State Governments and Municipal Corporations to chalk out a plan with regards to rehabilitation of s.....

Tags : Supreme Court, Rehabilitate Evicted Slum Dwellers



Madras HC Directs to Submit Report on Compensation Paid And Rehabilitation Measures Taken(09.12.2021)

Madras High Court has directed the state to submit a report detailing the quantum of compensation paid to the families of deceased manual scavengers s.....

Tags : Madras High Court, Report on Compensation Paid And Rehabilitation



Orissa HC Directs GSTN to Take Steps to Facilitate Filing of TRAN-1(10.12.2021)

Orissa High Court has directed the Goods and Service Tax Network (GSTN) to either modify the Goods and Service Tax (GST) portal to facilitate filing o.....

Tags : Orissa High Court, Facilitate Filing of TRAN-1



SC Asks Ministry of Housing & Urban Affairs on Rehabilitation Policy for Slum Dwellers(30.11.2021)

Supreme Court has asked the Ministry of Housing and Urban Affairs to place its stand as to whether it has any policy in slums adjacent to Railway Trac.....

Tags : Supreme Court, Rehabilitation Policy for Slum Dwellers



ITAT Kolkata Allows Exemption: ‘Performance Bonus’ Cannot be Treated as Salary(06.02.2020)

Income Tax Appellate Tribunal (ITAT), Kolkata while relying upon the precedent held that ‘performance bonus’ does not constitute a part of ‘salary’ an.....

Tags : ITAT Kolkata, Exemption



Orissa HC Expresses Serious Concern Over Lack of Basic Amenities at Rehabilitation Colony(16.12.2021)

Orissa High Court has expressed serious concern over the lack of basic amenities at the rehabilitation and resettlement colony set up by the Cuttack M.....

Tags : Orissa High Court, Lack of Basic Amenities at Rehabilitation Colony



Madras HC Directs to Take Effective Steps to Conduct Study on Habitat of Slender Ioris(17.12.2021)

Madras High Court has directed the Principal Chief Conservator of Forests to take effective steps to conduct a study on habitats, distribution and man.....

Tags : Madras High Court, Study on Habitat of Slender Ioris



Karnataka HC: Child Visitation Rights of Muslim Man Diminishes on Getting Married to Another Woman(23.12.2021)

Karnataka High Court has held that child visitation rights of a Muslim man diminishes to a great extent, on him having married to another woman during.....

Tags : Karnataka High Court, Child Visitation Rights of Muslim Man



Madras HC Quashes Criminal Proceedings Against Agitated Law Students(29.12.2021)

Madras High Court has quashed criminal proceedings against certain agitated laws students who had gathered outside their college since they were denie.....

Tags : Madras High Court, Proceedings Against Agitated Law Students



Supreme Court Agrees To Revive Limitation Extension Orders In View Of Rising COVID Cases(10.01.2022)

Supreme Court has agreed to revive the suo motu orders extending the limitation period for filing cases in Courts and Tribunals in view of the rising .....

Tags : Supreme Court , Limitation Period, COVID



ITAT: Capital Gains Arising On Sale Of Rural Agricultural Land Outside The Ambit Of Income Tax(11.01.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has observed that the capital gains arising on sale of rural agricultural land outside the purvi.....

Tags : ITAT, Capital Gain, Income Tax



ITAT Revisionary Jurisdiction Can Be Invoked In A Very Gross Case Of Inadequacy(11.01.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the revisionary jurisdiction under Section 263 of the Income Tax Act, 1961 can be avai.....

Tags : ITAT, Revisionary Jurisdiction



No Provision in Limitation Act to Compute Limitation for Counsel’s Carelessness: Sikkim HC(29.06.2018)

Sikkim High Court has observed that no provision has been made in the Limitation Act for computing limitation for the carelessness of the counsel.

Tags : Sikkim High Court, Limitation



NCLAT, Delhi: Order of Mediation Along with Dishonoured Cheques Not Extension of Limitation(14.02.2022)

National Company Law Appellate Tribunal, Delhi has held that an order of mediation along with dishonoured cheques does not imply an extension of limi.....

Tags : National Company Law Appellate Tribunal, Extension of Limitation



Supreme Court Allows Parents Having Visitation Rights to Maintain Contact with Children(01.05.2020)

Supreme Court has directed that parents with visitation rights may resort to electronic means keeping in view the inability of parents to meet their c.....

Tags : Supreme Court, Parents with Visitation Rights



SC: HC Cannot Disregard Statutory Limitation Period to Entertain Writ Petition(08.05.2020)

Supreme Court has observed that a High Court cannot disregard the statutory limitation period to entertain Writ Petition assailing orders passed by st.....

Tags : Supreme Court, Statutory Limitation Period



Supreme Court: Power To Condone Delay Under Limitation Act Does Not Apply To Suits(08.03.2022)

Supreme Court has held that the power to condone delay under Section 5 of the Limitation Act does not apply to suits. The Court further held that Limi.....

Tags : Supreme Court, Limitation Act 1963, Mizoram



No TDS If Advance Received towards Professional Fee is Returned: ITAT(14.06.2018)

Hyderabad bench of Income Tax Appellate Tribunal (ITAT) has held that the advance received by assessee towards his professional fee, when it is return.....

Tags : ITAT, TDS



SC Records Centre's Submission That WHO Guidelines on Sanitation Workers Are Being Followed(16.04.2020)

Supreme Court has disposed of a Petition, which sought directions to the States and their authorities to ensure protection of the right to life of Saf.....

Tags : SC, Sanitation Workers



Delhi HC Seeks Response of CARA on Framework for Facilitating Adoptions(23.02.2022)

Delhi High Court has sought response of the Central Adoption Resource Authority (CARA) on the framework for facilitating adoptions in case of children.....

Tags : Delhi High Court, Facilitating Adoptions



Karnataka High Court Says ITAT Can Give Directions for Fresh Enquiry on Any Grounds(08.08.2018)

Karnataka High Court has held that ITAT has the power to give directions for fresh enquiry into the aspects of subject matter of appeal filed before .....

Tags : Karnataka High Court, ITAT



Rajasthan HC: SC Order Extending Limitation Not to Extend Period u/s 167 (2) Cr.P.C.(27.05.2020)

Rajasthan HC has rejected the contention that till the lockdown continues, the period prescribed in Section 167(2) of Code of Criminal Procedure, 1973.....

Tags : Rajasthan High Court, Extention of Limitation



SC Issues Notice on Challenge to Presidential Order to Resume Delimitation of Assam's Assembly(28.05.2020)

Supreme Court has issued notice on a plea challenging the promulgation of the Presidential Order through which the process of delimitation of the Asse.....

Tags : Supreme Court, Delimitation of Assam’s Assembly



CESTAT, Ahmedabad: Extended Period of Limitation Not Invoked When No Suppression(16.03.2022)

Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad has ruled that the extended period of limitation was not invoked as there was n.....

Tags : Customs, Excise and Service Tax Appellate Tribunal, Extended Period of Limitation



CESTAT, Delhi: Extended Period of Limitation Cannot be Invoked by Excise Department(21.03.2022)

Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Delhi has held that the extended period of limitation cannot be invoked by the excise depa.....

Tags : Customs, Excise and Service Tax Appellate Tribunal, Extended Period of Limitation



Kerala HC: No Illegality in Invoking LARR Act for Land Acquisition(30.03.2022)

Kerala High Court has reiterated that the State government was reasonable in acquiring land in furtherance of its K-Rail SilverLine Project by invokin.....

Tags : Kerala High Court, K-Rail SilverLine Project, Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013



P&H HC: Party Expected to Approach Court Within Reasonable Time in Absence of Prescribed Limitation(30.03.2022)

Punjab and Haryana High Court has held that in the absence of any given limitation, it should be a reasonable time within which the aggrieved party ha.....

Tags : Punjab and Haryana High Court, Limitation to Approach Court



Madras HC: Law of Limitation Substantive in Nature, Parties to Follow Prescribed Periods(04.04.2022)

Madras High Court has held that the Law of Limitation is substantive and that the litigations and appeals are to be filed within the period of limitat.....

Tags : Madras High Court, Law of Limitation, substantive



ITAT, Kolkata: Limitation for Revisionary Jurisdiction Runs from Assessment Date Order(06.04.2022)

Income Tax Appellate Tribunal, Kolkata has observed that the limitation period for exercising revisionary jurisdiction runs from the date of assessmen.....

Tags : Income Tax Appellate Tribunal, Kolkata, limitation period, revisionary jurisdiction, assessment order, Section 263 of Income Tax Act, 1961



SC: Absence of Arbitration Agreement Make Article 137 of Limitation Act Inapplicable to Arbitration(07.04.2022)

Supreme Court has observed that Article 137 of the Limitation Act, 1963 would be inapplicable in arbitration proceedings commenced under Bihar Public .....

Tags : Supreme Court, Article 137 of the Limitation Act, 1963, Bihar Public Works Contracts Disputes Arbitration Tribunal, arbitration proceedings



Allahabad High Court Allows Child's Father to Visitation Rights(11.04.2022)

Allahabad High Court has observed the father is entitled to visitation rights to meet his child by allowing a Habeas Corpus plea filed by a father see.....

Tags : Allahabad High Court, Visitation Rights



Delhi HC: Time Spent in Mediation Would be Excluded from Limitation for Invoking Arbitration(13.04.2022)

Delhi High Court has ruled that when the agreement between the parties provides for compulsory mediation, the time spent in the mediation process shal.....

Tags : Delhi High Court, agreement, mediation, limitation period



Delhi HC: Sufficiency of Stamp Duty on Agreement Cannot be Adjudicated u/s 11 of A&C Act(14.04.2022)

Delhi High Court has observed that the Court can’t adjudicate on the issue whether the claims made by the petitioner are barred by limitation while de.....

Tags : Delhi High Court, Section 11 of the Arbitration and Conciliation Act, 1996, arbitration, limitation



No Penalty Since Assessee Surrenders Income During Assessment Proceedings: ITAT(18.09.2018)

Delhi Bench of ITAT has held that penalty under Section 271AAA of Income Tax Act, 1961 cannot be levied if assessee surrendered the income during the .....

Tags : ITAT, Income Tax, Surrender of income



Personal Expenses of Directors of Company Can’t be Disallowed Without Sufficient Proof: ITAT(24.09.2018)

Delhi bench of ITAT, has held that while deleting an addition against the assessee-Company, that the personal expenses of the Directors/ Office bearer.....

Tags : ITAT, Personal Expenses of Directors



ITAT: Loss Arising Out of Sale of Government Securities is Trading Loss(30.05.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench has held that the loss arising out of the sale of government securities is a trading loss.

Tags : ITAT, Government Securities, Trading Loss



ITAT: 30% Depreciation Allowable to Motor Lorries Used for Transportation of Goods on Hire(31.05.2022)

Income Tax Appellate Tribunal (ITAT), Cuttack bench has held that 30% depreciation is allowable to motor lorries in the business of transportation of .....

Tags : ITAT, Depreciation, Transportation



Gujarat HC: Limitation Act Inapplicable to Contempt Proceedings(01.06.2022)

Gujarat High Court while refusing to condone a delay of 1 year in a Contempt Proceeding has held that the provisions of the Limitation Act, 1963 do no.....

Tags : Gujarat High Court, Limitation, Contempt Proceeding



ITAT: Prima Facie Belief That There is Escape of Income is Sufficient Proof to Re-Open Assessment(23.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench has held that prima facie belief that there is the escape of income is sufficient proof to initiate r.....

Tags : ITAT, Income Tax Act, 1961, Reassessment



ITAT: Depreciation Not Allowable for Expenditure Availed on Professional or Legal Services(04.07.2022)

Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that depreciation is not allowable for expenditure availed on professional or legal ser.....

Tags : ITAT, Professional/Legal Services, Commercial Right



Punjab and Haryana HC Slams Haryana Government over Suggesting Non-Monitoring of Jat Agitation(26.09.2016)

Punjab and Haryana HC has slamed Haryana Government for "suggesting" it to not to monitor investigation of around 2,100 criminal cases related to viol.....

Tags : Punjab and Haryana HC, Jat agitation



No Legal Bar on GPA Holder to Execute Sale Deed When He is Authorized: ITAT(07.09.2018)

ITAT, Delhi has observed that there is no legal bar on GPA Holder to execute sale deed when he is authorized to do so.

Tags : ITAT, GPA Holders



Architect Fees Paid For Construction Of Building Is Capital Expenditure: ITAT(12.09.2018)

Delhi bench of ITAT has held that the architect fees paid by the assessee for the construction of the building which was not used for the purpose of t.....

Tags : ITAT, Architect Fees, Capital Expenditure



SC Issues Notice in Plea Challenging Delimitation Exercise in Nagaland(31.07.2020)

Supreme Court has issued notice in a plea challenging the order issued by Union of India under section 10A of the Delimitation Act, 2002 whereby the d.....

Tags : Supreme Court, Delimitation Exercise in Nagaland



ITAT: No Late Fee U/S 234E of IT Act Can be Levied for Default Committed After 2015 Amendment(10.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune bench has held that late fees u/s 234E can’t be levied for the default committed after the insertion of Sec.....

Tags : ITAT, Income-Tax Act, Finance Act



ITAT: Non-capitalisation Interest of Loans on P&M and CWP Cannot Be Capitalised and Disallowed(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Amritsar Bench has held that non-capitalisation interest of loan on Plant & Machinery (P&M) and Capital Work in .....

Tags : ITAT, Interest of Loans, Capital Work in Progress



ITAT: Section 40 A(2)(B) Can’t Be Invoked Without Corroborative Evidence(23.05.2022)

Income Tax Appellate Tribunal (ITAT), Chennai bench, has held that Section 40 A(2)(b) of Income Tax Act can’t be invoked without corroborative evidenc.....

Tags : ITAT, Corroborative Evidence, Remuneration



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