Supreme Court Issues Directions to Speed Up MACT Claims Amid Six-Year Average Pendency || Supreme Court: Sex Selection Practices Continues Due to Preference For Male Children || Supreme Court: Injury From a Fallen Tree is Not a Motor Accident for MACT Claims || Madras HC: Recent Tamil Nadu Elections Reflect Voting Beyond Caste and Community Considerations || Supreme Court: Children Should Not Undergo Psychological Tests in Custody Cases Unless Necessary || Jharkhand HC: Lokayukta Cannot Delegate Core Adjudicatory Powers Even in Case Against Brother || Ker HC: Complainant Can Invoke Presumptions After Proving Transaction, Cheque Execution Convincingly || Supreme Court Cancels SARFAESI Auction Sale After 16 Years Due to a 5-Day Payment Delay || Jhar HC Orders 2-Month Probe Deadline, DGP Monitoring to Overhaul Sexual Violence Response in State || Delhi HC: Social Media Cannot Undermine Judiciary; Intermediaries Must Act Without Court Orders

Search Results for Tag : Tax Planning

News

Telangana High Court: Evading Tax Through Colourable Devices Can’t be Termed as Tax Planning(11.06.2024)

Tel. HC has held that tax planning may be legitimate provided it is within the framework of law. Colourable devices cannot be part of tax planning and.....

Tags : Telangana High Court, Tax Planning, Evading Tax, Colourable Devices

Judgments

Minimisation of tax liability, as long as it is through legitimate tax planning and without using colourable devices, is not at all illegal(20.09.2021)

The assessee is a non-resident Indian. During the relevant previous year, the assessee sold a property, of which he was 50% co-owner on an earning of .....

Tags : Legitimate tax planning