Judgements and Orders, Supreme Court and High courts of India

The ex-gratia payment in excess of the limits prescribed under the payment of Bonus Act either under section 36(1)(ii) or section 37(1) of the Income-tax Act, is allowable as business expenditure although the payment does not cover contractual or cus

Where the applicant is in the business of providing bioanalytical services to various pharmaceutical companies around the world, the consideration/fee paid by the Indian pharmaceutical companies to the applicant in respect of bioequivalence tests con

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

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

Whether income form lease of property is income form business or housing property?

Depreciation allowance under section 32 will have to be deducted in arriving at the “profits and gains” of business derived by an assessee, from an industrial undertaking specified under section 80-1B or export business under section 80HHC.

Whether the Section 11 of the Jharkhand Value Added Tax is ultra vires and violative of Article 301

The ex-gratia payment in excess of the limits prescribed under the payment of Bonus Act either under section 36(1)(ii) or section 37(1) of the Income-tax Act, is allowable as business expenditure although the payment does not cover contractual or cus

the firms were started to avoid compulsory tax audit under Income Tax Act, 1961

The meaning of "experience”, “use” and “impart” considered in detail