Income Tax Case Law

SUPREME COURT CLARIFIES DEPRECIATION ON NON-COMPETE FEE U/S 32(1)(ii) OF INCOME TAX ACT

SUPREME COURT CLARIFIES DEPRECIATION ON NON-COMPETE FEE U/S 32(1)(ii) OF INCOME TAX ACT REPORTBALE SUPREME COURT OF INDIA  CIVIL APPEAL…

4 weeks ago

Head Office Expenditure of Non-Resident Companies in Relation to Indian Business Subject to the Deduction Cap Prescribed u/s 44C: Supreme Court

Head Office Expenditure of Non-Resident Companies in Relation to Indian Business Subject to the Deduction Cap Prescribed under Section 44C:…

1 month ago

TRUST REGISTRATION UNDER SECTION 12AA CANNOT BE DENIED FOR GENERATED SURPLUS PROFIT

TRUST REGISTRATION UNDER SECTION 12AA CANNOT BE DENIED FOR GENERATED SURPLUS PROFIT HIGH COURT OF JAMMU & KASHMIR ANDLADAKH AT…

5 months ago

ITAT SURAT HELD THAT LEGAL IGNORANCE NO EXCUSE FORDELAYED APPEAL FILING

ITAT SURAT HELD THAT LEGAL IGNORANCE NO EXCUSE FOR DELAYED APPEAL FILINGIN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH (SMC),…

5 months ago

ITAT BANGALORE : TDS CREDIT IS AVAILABLE IN THE INCOME OF THE REPORTING YEAR, IT CANNOT BE DEFERRED TO OTHER YEARS

TDS CREDIT IS AVAILABLE IN THE INCOME OF THE REPORTING YEAR, IT CANNOT BE DEFERRED TO OTHER YEARS THE INCOME…

6 months ago

ITAT JAIPUR:- QUASHES REASSESSMENT ORDER DUE TO NOTICE WAS ISSUED BY   AO NOT HAVING JURISDICTION

QUASHES REASSESSMENT ORDER DUE TO NOTICE WAS ISSUED BY   AO NOT HAVING JURISDICTION Sunil Chablani Versus Circle (Intl.Tax) (ITAT Jaipur) Appeal…

6 months ago

KERALA HIGH COURT : ASSESSING OFFICER CANNOT REOPEN ASSESSMENTS UNDER   SECTION 153 WITHOUT INCRIMINATING EVIDENCE

ASSESSING OFFICER CANNOT REOPEN ASSESSMENTS UNDER   SECTION 153 WITHOUT INCRIMINATING EVIDENCE Sunny Jacob Jewellers Gold Hyper Market Versus The Commissioner of…

6 months ago

ITAT DELHI:- REASSESSMENT NOTICE  UNDER SECTION 148 IS INVALID IF ISSUED AFTER FOUR YEARS OF RELEVANT ASSESSMENT YEAR

REASSESSMENT NOTICE  UNDER SECTION 148 IS INVALID IF ISSUED AFTER FOUR YEARS OF RELEVANT ASSESSMENT YEAR NTPC Ltd. Vs DCIT (ITAT…

6 months ago

KERALA HIGH COURT :- INTEREST ON LOAN FOR PURCHASING AGRICULTURAL LAND NOT ALLOWABLE U/S 36(III) OF INCOME TAX ACT

INTEREST ON LOAN FOR PURCHASING AGRICULTURAL LAND NOT ALLOWABLE U/S 36(III) OF INCOME TAX ACT Mini Muthoottu Credit India (P)…

6 months ago

ITAT AHMEDABAD :- ASSESSES ACCOUNTANT LEFT THE JOB: ITAT REMANDED CASES TO ASSESSING OFFICER

THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD Ramakushna Kiritbhai Tripathi Vs ITO (ITAT Ahmedabad) Appeal Number: ITA No. 1023/Ahd/2023 Date of…

6 months ago