Judgements and Orders, Supreme Court and High courts of India

Interest accrued as per the Mercantile System of Accounting

Poojitha Raam 07 August 2021 at 18:54

This appeal by the assessee is preferred against the order of the CIT(A) – 2, New Delhi, dated 19.02.2018 pertaining to A.Y 2010-11.

Posted in Income Tax | 69 Views

Cash in hand to be shown in the Income Tax Return

Poojitha Raam 07 August 2021 at 18:54

This appeal filed by the assessee is directed against the ex parte order dated 7th June, 2019 of the CIT(A)-15, New Delhi, relating to assessment year 2016-17.

Posted in Income Tax | 130 Views

Depreciation under section 11(6) of the Income Tax Act, 1961

Poojitha Raam 07 August 2021 at 18:54

This appeal filed by the assessee is directed against the ex parte order dated 28th August, 2019 of the CIT(A), Ghaziabad, relating to assessment year 2015-16.

Posted in Income Tax | 109 Views

M/s. Nandan VSP Developers,, Pune

Poojitha Raam 07 August 2021 at 18:53

This appeal by the assessee against the order dated 25-04-2018 passed by the Commissioner of Income Tax (Appeals)-3, Pune [„CIT(A)‟] for assessment year 2014-15.

Posted in Income Tax | 75 Views

Assessee appeals that order under section 27ID of the Income Tax Act was barred by limitation and therefore, deserved to be quashed

Poojitha Raam 07 August 2021 at 18:52

This appeal is filed by the assessee against the order of the ld CIT(A)-8, New Delhi [ The ld CIT (A)] dated 15.01.2020 wherein, the appeal filed by the assessee against the order passed u/s 271D of the Income Tax Act, 1961 [ The Act] by the Joint

Posted in Income Tax | 98 Views

Disallowance of interest of CC account, for capital advances for purchase of assets

Poojitha Raam 07 August 2021 at 18:51

This is an appeal by the assessee against the order dt. 01/06/2019 of the Ld. CIT(A)-3, Ludhiana.

Posted in Income Tax | 84 Views

Can arm’s length price of AMP expenditure be determined by applying the Bright Line Test method?

Poojitha Raam 07 August 2021 at 18:51

The assessee to explain why the arm’s length price (ALP) of the AMP expenditure should not be determined by applying the Bright Line Test (BLT) method.

Posted in Income Tax | 82 Views

Applicability of GST on Repair & Maintenance and Sinking Fund

Bimal Jain 07 August 2021 at 09:45

In M/s. Forest County Co-operative Housing Society Ltd. [GST-ARA, Application No. 65 dated November 26, 2019], M/s. Forest County Co-operative Housing Society Ltd. ('the Applicant') has sought an advance ruling on the issue of applicability of GST on

Posted in GST | 125 Views

12% GST to be levied on Manufacturing feeder, Drying machine, Cleaning & Grading Machine, Pre-stem remover and 18% GST on Automatic Weighing Machine

Bimal Jain 07 August 2021 at 09:45

In M/s. Wave Colour Techniks, [Advance Ruling No. KAR ADRG 29/2021 decided on June 07, 2021], M/s. Wave Colour Techniks ('the Applicants') has sought an advance ruling on the GST applicable on the machines namely Automatic Feeder with Breaker, Pre-wa

Posted in GST | 99 Views

Disallowance made by denying accumulation u/s.11(2) of the Act

Poojitha Raam 07 August 2021 at 09:44

This appeal in ITA No.4612/Mum/2019 for A.Y.2014-15 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-1, Mumbai in appeal No.CIT(A)-1/143/DCIT(CPC)/2018-19 dated 16/05/2019 (ld. CIT(A) in short) against the order of assessment p

Posted in Income Tax | 135 Views