Judgements and Orders, Supreme Court and High courts of India

When is addition beyond the scope of section 153A of the Income Tax Act?

Guest 23 July 2021 at 15:20

The present appeals have been filed by the revenue against the orders of ld. CIT (A)-27, New Delhi dated 24.11.2017.

Posted in Income Tax | 134 Views

Disallowance u/s 14A r.w.r. 8D in respect of exempted income

Guest 23 July 2021 at 15:20

ITA No.781/Del/2018 and ITA 1208/Del/2018 are cross appeals by the assessee and revenue preferred against the order of the CIT(A)-7, New Delhi dated 05.12.2017 pertaining to A.Y. 2013-14.

Posted in Income Tax | 109 Views

Is AO justified in deleting addition on account of corpus fund without routing the income through the profit and loss account?

Guest 23 July 2021 at 15:20

The present appeal has been filed by the revenue against the order of ld. CIT(A)-32 , New Delhi dated 26 .10.2017.

Posted in Income Tax | 137 Views

Penalty can't be levied via SCN issued by DRI as DRI does not have the jurisdiction to issue SCN

Bimal Jain 23 July 2021 at 14:44

In M/s. Sattva CFS & Logistics Private Limited v. The Commissioner of Customs [Custom Appeal No. 41681 of 2021 decided on July 15, 2021] M/s. Sattva CFS & Logistics Private Limited ('the Appellant') contended that the Directorate of Revenue Intellige

Posted in Custom | 282 Views

Refund cannot be denied on account of procedural lapse

Bimal Jain 23 July 2021 at 14:00

In M/s Origin Learning Solutions Pvt. Ltd. v. Commissioner of Service Tax [Service Tax Appeal No.40599 of 2017 decided on July 20, 2021] M/s Origin Learning Solutions Pvt. Ltd. ("the Appellant") is engaged in providing Information Technology Services

Posted in Service Tax | 418 Views

Charitable Trust running medical store to give medicines without profit required to be registered

Bimal Jain 23 July 2021 at 09:14

In Nagri Eye Research Foundation v. Union of India[R/Special Civil Application No. 7822 of 2021 decided on July 9, 2021] Nagri Eye Research Foundation ('the Petitioner') filed an application for advance ruling to determine whether GST Registration wo

Posted in GST | 124 Views

Delegation of certain formalities to another entity would not disentitle developer from the deductions under IT Act

Bimal Jain 23 July 2021 at 09:13

In DCIT v. Sahara India SahkariAwas [ITA Nos.2481 & 2482/Del/2011 and CO Nos.221 & 222/Del/2011 decided on July 19, 2021] Sahara India SahkariAwas ('the Respondent'), a cooperative society of Sahara India group and is engaged in the business of devel

Posted in Income Tax | 116 Views

No penalty leviable unless the conduct of the assessee is found to be contumacious

Bimal Jain 23 July 2021 at 09:13

In M/s. Aanya Real Estate Pvt. Ltd. v. Deputy CIT [ITA No. 115/Mum/2020 decided on July 20, 2021] M/s. Aanya Real Estate Pvt. Ltd. ('the Appellant') is a real estate company. During assessment, it was noted that the Petitioner had disclosed payment f

Posted in GST | 122 Views

Penalty cannot be imposed merely because it is lawful to do so

Bimal Jain 22 July 2021 at 13:02

In M/s Mangalore Refinery and Petrochemicals Limited v. the State of Karnataka [S.T.R.P. No. 433 of 2017 decided on July 1, 2021] M/s Mangalore Refinery and Petrochemicals Limited ('the Petitioner') is engaged in the activity of manufacture and sale

Posted in GST | 156 Views