Income Tax Judgements
Assessment based on Best Judgment basis u/s 144 of the Income Tax Act
Poojitha Raam Vinay 20 August 2021 at 09:43
This appeal filed by the assessee is directed against the order dated 21st February, 2017 of the CIT(A)-38, New Delhi relating to assessment year 2003-04.
Refund under section 237 of the Income Tax Act
Poojitha Raam Vinay 20 August 2021 at 09:43
This appeal filed by the assessee for the assessment year 2012-13 is directed against the order of Ld. CIT(A)-10, New Delhi dated 30.03.2017.
Deemed dividend under section 2(22)(e) of the Income Tax Act
Poojitha Raam Vinay 20 August 2021 at 09:43
This is an appeal by the assessee directed against the order of learned CIT(A) dated 30.9.2019 pertains to A.Y. 2020-11.
Loss set-off against the income from other heads
Poojitha Raam Vinay 20 August 2021 at 09:43
The present appeals have been filed by the assessee challenging the orders of even date 23rd October 2019, passed by the learned Commissioner of Income Tax (Appeals)–8, Mumbai, for the assessment year 2009–10 and 2010–11.
When is disallowance not sustainable in law as per settled legal position?
Poojitha Raam Vinay 20 August 2021 at 09:43
The only grievance of the assessee in aforesaid appeals for Assessment Year (AY) 2015-16 & 2016-17 is disallowance u/s 14A. The facts are pari-materia the same in both the years and therefore, the appeals were heard together and are now being dispose
Disallowance of 20% on account of bogus purchases
Poojitha Raam Vinay 20 August 2021 at 09:43
This appeal by the revenue is against order of learned CIT(A)-40, Mumbai dated 23/10/2019.
Book loss under section 115JB of the Income Tax Act
Poojitha Raam Vinay 20 August 2021 at 09:43
The above titled cross appeals have been preferred by the assessee as well as by Revenue against the order dated 20.11.2019 of the Commissioner of Income Tax.
The Hon’ble High Court of Rajasthan, the bench of Jaipur observed 'Taking into consideration the assessment order dated 21.04.2021, the contentions of learned counsel for the petitioner prima facie appears to be correct accordingly. In the meanwhile,
The judgment could pave the way for corporates under stress in the current environment to restructure their interest payment as debentures or other instruments, and deduct the same for income tax purposes. This is provided the lender recognises such
This appeal is filed by the ld. ACIT, Central Circle 27, New Delhi, raising the solitary ground of appeal that the ld.CIT (Appeals) has deleted the addition made by the ld. AO of Rs. 9,76,41,006/- under Section 68 of the Income TaxAct, 1961 (the Act)
Trending Online Classes
CAclubindia
