Recent Judgements

CA Tilak Raj Sharma (Practising CA in Solan (H.P.))   (6374 Points)

25 May 2009  

1.      Bajaj Auto Ltd.

      BHC has admitted assessee's appeal challenging ITAT order interalia for whether assessee (auto  manufacturer) is liable for tax withholding u/s 194C on service charges paid to authorized service stations, for discharge of free service coupons.

(Click here for Judgment)

    

2.      Aditya Birla Nuvo Ltd.

      BHC has admitted assessee's appeal challenging ITAT order interalia for whether ITAT is justified in disallowing debenture issue expenses pertaining to convertible portion, holding them as capital in nature applying Ahd ITAT Special Bench ruling in Ashima Syntex case 100 ITD 247. In this connection, reference may be made to Raj HC ruling in case of Secure Meters Limited 175 Taxman 567.

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3.      Blue Star Limited.

     BHC has admitted assessee's appeal challenging ITAT’s order interalia for whether amount received by assessee on giving up its right in Joint Venture is liable to capital gains or is pure capital receipt non chargeable to tax.

      (Click here for Judgment) 

   

4.      S. R. Enterprises

BHC has admitted revenue's appeal challenging ITAT order interalia for whether amount received on sale of transferable development right is assessable to tax as business income or under the head capital gains.

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