Judgements by Guest

Benefit of deduction u/s 54 of the Income Tax Act

Guest 13 July 2021 at 15:30

This appeal is filed by the assessee against the order of the Ld. CIT(A)-3, Hyderabad in appeal No. 10300/ITO-5/WGL/CIT(A)-3/2018-19, dated 7/6/2019 passed U/s. 143(3) r.w.s 263 of the Act for the A.Y. 2008-09.

Posted in Income Tax | 149 Views

What is the classification and rate of Hand Sanitizer under the Karnataka GST Act?

Guest 13 July 2021 at 11:57

At the outset we would like to make it clear that the provisions of CGST, Act 2017, and SGST, Act 2017 are in parametria and have the same provisions in the like matter and differ from each other only o a few specific provisions. Therefore, unless a

Posted in GST | 102 Views

Provisions of International Taxation for levying interest u/s 234A of the Income tax Act, 1961

Guest 13 July 2021 at 11:03

This appeal by the assessee is preferred against the order of the ld. CIT(A) – 43, New Delhi dated 29.02.2016 pertaining to Assessment Year 2006-07.

Posted in Income Tax | 113 Views

Transfer Pricing Adjustment under the Income Tax Act

Guest 13 July 2021 at 11:03

ITA No. 3492/del/2016 is filed by Revenue whereas ITA No.3152/del/2016 and C.O. No. 275/del/2016 are filed by the assessee and all these matters emanate from the order dated 16/3/2016 passed by learned Commissioner of Income Tax (Appeals)-42, New Del

Posted in Income Tax | 118 Views

Is 'equipment lost in hole' included in the gross revenue for computation of profits u/s 44BB of the IT Act?

Guest 13 July 2021 at 11:03

This appeal by the revenue is preferred against the order of the CIT(A)-2, Noida dated 31.10.2016 pertaining to A.Y. 2012-13.

Posted in Income Tax | 137 Views

Permanent Establishment under Article 5(2)(c) of the Double Taxation Avoidance Agreement between India and UAE

Guest 13 July 2021 at 11:03

This appeal filed by the revenue is preferred against the order of the CIT(A)-43, New Delhi dated 06.06.2017 for A.Y. 2011-12.

Posted in Income Tax | 72 Views

What is Royalty Income under the Income Tax Act?

Guest 13 July 2021 at 11:02

These two appeals by the assessee are preferred against the two separate orders of the Assessing Officer dated 14.12.2016 and 25.05.2017 framed u/s 143(3) r.w.s 144C(13) of the Income tax Act, 1961 [hereinafter referred to as 'The Act' for short] fo

Posted in Income Tax | 157 Views

Revised monetary limit of Rs. 50 lacs shall apply retrospectively to pending appeals also

Guest 13 July 2021 at 11:02

This appeal is filed by the Revenue against order dated 30/08/2017 passed by CIT(A)-New Delhi for assessment year 2012-13.

Posted in Income Tax | 93 Views

ITAT: Selective compliance to assert and enjoy one’s right of appeal is not the intent of the law and cannot be increased

Guest 13 July 2021 at 11:02

This appeal has been preferred by the assessee challenging the order dated 12/06/2019 passed by the learned Commissioner of Income Tax (Appeals)-13, New Delhi [in short ‘the Ld. CIT(A)’] for assessment year 2011-12 raising following grounds:

Posted in Income Tax | 82 Views

ITAT: In view of reasonable cause for failure to attend the hearing by the Authorised Representative, the assessee should not be penalized

Guest 13 July 2021 at 11:02

This appeal by the assessee is directed against order dated 10/10/2019 passed by the Learned Commissioner of Income Tax (Appeals), Ghaziabad [in short ‘the Ld. CIT(A)’] for assessment year 2010-11 raising following grounds:

Posted in Income Tax | 111 Views