Income Tax :
Intimation u/s 143(1) cannot be disturbed subject to the reason recorded by AO
Brief facts of the case are that assessee was running a proprietary business as whole seller at Nain
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Income Tax :
Effect of mistake by CIT in confirming order passed under section 153C read with Sec 153A of IT Act.
At the time of hearing before us, the learned counsel for the assessee argued at length. He stated t
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Income Tax :
Amendment in section 194H by insertion of provision 3 is not applicable retrospectively
The present case is identical and similar to the issue decided by COD’s and the amendment made throu
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Income Tax :
As per section 11(2) parties can agree the appointing of arbitrator and in the absence of such agreement section 11(3) to be followed
These appeals have raised the question about the procedure that is being followed by Calcutta High C
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Income Tax :
Section 32 applied only on capital expenditure not on revenue for any reason
That the Ld. Commissioner of Income Tax (A) erred on facts and in law in confirming the disallowance
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Income Tax :
PF contribution paid before the due date of filling return under section 139(1) is admissible
Facts, in brief, as relevant orders are that e-return declaring income of `1,50,37,034/- filed on 30
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Income Tax :
Rule 19(2) of ITAT Rule 1963 applied in the absence of interest of the appellant for prosecution
Having regard to Rule 19(2) of ITAT Rules, 1963 and following various decisions of the Tribunal incl
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Income Tax :
Depreciation under section 32 when the cost had already been claimed in the preceding year by application of Income
Facts, in brief, as per the relevant orders are that return declaring income of `1,92,16,940/- filed
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Income Tax :
Explanaion of section 73 is not applied in the transaction of govt securities and expenditure claimed must be accompanied by evidence
The learned Assessing Officer has erred in disallowing Rs. 25.00 lacs, on ad hoc basis, towards shar
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Income Tax :
For invoking proviso of section 147 after period , there must be failure on the part of the assessee either under section 139 or in response to a notice under section 147/148
The facts indicate that original assessment was completed on 29.03.2004 and it was reopened by recor
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Service Tax :
Sec 83 of Finance Act with sec 12A of Central Excise Act 1944 service tax is liability of the beneficiary subject to the condition where service provider accept the liability
The Petitioner Trust owns the premises at E-10, Block E, Inner Circle, Connaught Place, New Delhi (‘
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Income Tax :
As per section 36(1)(vii) of the IT bad debts written off was liable to be allowed
The fact of the case is the whether the assessee eligible to allowed deduction for bad debt written
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Income Tax :
AO should made proper classification before making addition and in PF condition under section 43B to fulfill to avoid addition
The circumstances of the case the Ld. C.l.T(A) was not justified in confirming the addition of Rs. 1
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Corporate Law :
Terms and condition of memorandum of settlement is to be bound on all the party under section 391 and 394 of Companies Act
In sequel to orders passed by this Court with the earnest efforts of Mediators, namely, Mr. J.S. Bho
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Income Tax :
After establishment and before commencement expenditure under sec 35 can claim as revenue expenditure
Briefly stated assessee is in the business of manufacturing of Tocopherol Vitamin-E and mixed Tocoph
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Income Tax :
Non appearance of the appellant can leade the to appreciation of Rule 19 of Appeallate Tribunal Rules of 1963
After informing that matter will be heard on a particular date, no one appeared on behalf of assesse
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Income Tax :
Sec 234D is applicable only on regular assessment year and difference in depreciation due to exchange rate need to transfer to PL account as per AS-11.
That on facts and in law, the CIT(A) erred in upholding disallowance of additional depreciation to t
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Income Tax :
After the amendment in Section 36(1)(vii), the assessee is not required to demonstrate that the debt is bad
We find that the AO has not given any reason for disallowing the claim. We also find that the AO has
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Income Tax :
Income which cannot be taxed under article 7, 12 or 14 because conditions laid down therein are not satisfied cannot be taxed under article 23
Whether on the facts and in the circumstances of the case, the learned CIT(A) was correct in holding
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Income Tax :
As per Rule 19(2) of ITAT Rule 1963 appeal can be dismissed in the absence of interest of appellant
Having regard to Rule 19(2) of ITAT Rules, 1963 and following various decisions of the Tribunal incl
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