Judgements and Orders, Supreme Court and High courts of India
Interest earned by bank on dated Govt. securities-Taxability
kavita jain 18 February 2008 at 09:50
Section 2(7), read with section 4, of the Interest-tax Act, 1974.
Allowability of Business expenditure .
kavita jain 17 February 2008 at 23:05
There are a number of tests which are required to be considered while deciding whether the expenditure was revenue or capital in nature. A number of judgments have been cited before us in that regard. However, in the absence of the requisite details
Interest earned by bank on dated Govt. securities-Taxability
kavita jain 17 February 2008 at 23:05
Section 2(7), read with section 4, of the Interest-tax Act, 1974.
Building-Partially let out partially used for business
Rahul Tibrewal 17 February 2008 at 13:05
Whether exemption allowed to partial let out building which is partialy used for the business.
Reversal of Modvat Credit
Rahul Tibrewal 16 February 2008 at 11:22
Whether the reversal of Modvat credit can be treated as non-availment of credit.
Sales made through export houses- Deduction u/s 80HHC(3).
kavita jain 16 February 2008 at 10:09
In the instant case, the matter was to be remitted to the Assessing Officer for the following reasons. Firstly, in the instant case there was no factual finding recorded by the High Court as to whether the ‘sales made through the export houses by the
S. 80HHC-DEDUCTION UNDER-EFFECT OF AMENDMENT OF 2005.
kavita jain 16 February 2008 at 10:09
It was not in dispute that when the order of the Commissioner was passed, there were two views on the word ‘profit’ in section 80HHC. The problem with section 80HHC is that it has been amended eleven times. Different views existed on day when the Com
Clearance of Damaged Goods on Payment of Duty
Garima 15 February 2008 at 14:27
ITAT holds RWAs are entitled to exemption under Income Tax A
Garima 15 February 2008 at 14:27
Block assessement- Block period 91-92 to 2000-01-Surcharge,
kavita jain 15 February 2008 at 14:27
The power to levy a surcharge on income-tax is traceable to article 271 read with entry 82 of list I of seventh schedule to the Constitution of India. That power is not traceable to section 4 of the 1961 Act. Every year the Finance Act is enacted by
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