SC: Mere Mention of 'Arbitration' Does not Form Agreement Without Clear Intent  ||  SC: No Entitlement to Job as Compensation for Land Acquired under Land Acquisition Act  ||  SC: Court Cannot Probe Credibility of FIR Allegations While Entertaining Quashing Plea  ||  SC: Notice under Indian Forest Act Does not Transfer Private Forests to Maharashtra Law  ||  SC: Unilateral Termination of Sale Agreement Invalid if Contract Does Not Permit it  ||  NCLAT: Pre-COVID Defaults do not Exempt Debtors From Insolvency Proceedings  ||  NCLAT: Liquidator Must Obtain NCLT Approval Before Conducting Private Sale  ||  NCLAT: Contract Termination for Performance Default Not Barred by CIRP Moratorium  ||  Kerala HC: Partial Specific Performance Not Allowed if Defendant Holds Undisputed Property Title  ||  Kerala HC: Complainant Must be Informed if Probe Against FIR-Named Accused is Dropped    

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Judgments

Commissioner cannot usurp Department’s plausible view(11.05.2016)

View taken by Assessing Officer, so long as it is a possible view, cannot be interfered by Commissioner under Section 263 of Income Tax Act 1961.
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Tags : Income tax, expenses, further information



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