Judgements and Orders, Supreme Court and High courts of India

Expenditure disallowable by invoking section 14A read with rule 8D of the IT Act

Poojitha Raam Vinay 17 September 2021 at 15:39

This appeal filed by the assessee pertaining to assessment year 2014-15 is directed against the order of Ld. CIT(A)-35, New Delhi dated 25.08.2017.

Posted in Income Tax | 168 Views

Criteria for approval in Form No. 3CL by DSIR

Poojitha Raam Vinay 17 September 2021 at 15:39

This appeal preferred by the Revenue emanates from the order of the Ld. CIT(Appeal), Pune-13 dated 25.03.2021 for the assessment year 2014-15.

Posted in Income Tax | 323 Views

Are donations inadmissible against the exempt income from a partnership firm?

Poojitha Raam Vinay 17 September 2021 at 15:39

The assessee has filed the present appeal against the order dated 08.05.2019 passed by the Commissioner of Income Tax (Appeals)-24, Mumbai (hereinafter referred to as the “CIT(A)”) relevant to the A.Y.2016-17. 2.

Posted in Income Tax | 197 Views

Should interest received by an FD be netted off with interest paid if a company is eligible for deduction u/s 80IC?

Poojitha Raam Vinay 17 September 2021 at 15:39

This is an appeal preferred by the assessee against the order of the Ld. CIT(A)-16, Kolkata dated 25.04.2019 for AY 2013-14 .

Posted in Income Tax | 133 Views

Appellant submits that the order u/s 154 of the Act is bad in law and not in accordance with the provisions of the IT Act

Poojitha Raam Vinay 17 September 2021 at 15:39

These are appeals by the assessee against the order of learned Commissioner of Income Tax (Appeals), Mumbai (‘ld.CIT(A) for short) for the concerned assessment years.

Posted in Income Tax | 138 Views

Treatment of share application money/share capital and share premium under the Income Tax Act

Poojitha Raam Vinay 17 September 2021 at 15:39

Aforesaid appeal by revenue for Assessment Year (AY) 2012-13 arises out of the order of learned Commissioner of Income-Tax (Appeals)-12, Mumbai [CIT(A)], dated 02/09/2019 in the matter of assessment framed by Ld. Assessing Officer u/s 143(3) on 28/03

Posted in Income Tax | 141 Views

Charging of interest under section 234A,234B,234C and 234D of the Income Tax Act, 1961

Poojitha Raam Vinay 17 September 2021 at 15:39

The present appeal filed by the assessee is directed against the order passed by the CIT(A)-4, Mumbai, dated 17.09.2019, which in turn arises from the order passed by the A.O u/s 143(3) of the income Tax Act, 1961 (for short „Act‟, dated 27.12.2016 f

Posted in Income Tax | 141 Views

Short Term Capital Gain on Sale of Factory Premises

Poojitha Raam Vinay 17 September 2021 at 15:39

The assessee has filed the present appeal against the order dated 04.10.2019 passed by the Commissioner of Income Tax (Appeals)-40, Mumbai (hereinafter referred to as the “CIT(A)”) relevant to the A.Y.2011-12.

Posted in Income Tax | 105 Views

Is income from letting out of office premises taxable under PGBP or income from house property?

Poojitha Raam Vinay 17 September 2021 at 15:39

The assessee has filed the present appeal against the order dated 25.11.2019 passed by the Commissioner of Income Tax (Appeals)-04, Mumbai [hereinafter referred to as the “CIT(A)”] relevant to the A.Y. 2016-17.

Posted in Income Tax | 126 Views

Alleged bogus purchases made by the assessee from dealers without supply of actual goods

Poojitha Raam Vinay 17 September 2021 at 15:39

The revenue has filed the present appeal against the order dated 26.11.2019 passed by the Commissioner of Income Tax (Appeals) -02 Mumbai [hereinafter referred to as the “CIT(A)”] relevant to the A.Y.2010-11.

Posted in Income Tax | 76 Views