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Judgements by Sathyanarayana G

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The Supreme Court has said the Income-Tax Department has to accept the authenticity of the accounts maintained in accordance with the provisions of the Companies Act and certified by the auditors. The assessing officer cannot go beyond the net pr

Posted in Income Tax |   34 Views

The state can levy professional tax on each branch of a person though the person relates to one entity for tax purposes. The SC ruled that each branch of a company is a seperate person as defined with explanation to PT act to levy PT of Rs.2,500/- on

Posted in VAT |   44 Views

Agricultural Produce Market committees are not local authorities for tax tax exemption and are liable to pay tax

Posted in Income Tax |   271 Views