Judgements and Orders, Supreme Court and High courts of India

Alleged liability of Genpact India under Sections 115-QA and 115-QB of the Income Tax Act, 1961

Poojitha Raam Vinay 11 September 2021 at 21:31

The above cross appeals by the assessee and revenue are preferred against the order of the Commissioner of Income Tax [Appeals] - 35, New Delhi dated 25.10.2017 pertaining to Assessment Year 2014-15.

Posted in Income Tax | 134 Views

Criteria for treating a lease as ‘operational lease’ or ‘financial lease’

Poojitha Raam Vinay 11 September 2021 at 21:30

This appeal by the revenue is preferred against the order of the Commissioner of Income Tax [Appeals] - 22, New Delhi dated 20.12.2017 pertaining to Assessment Year 2013-14.

Posted in Income Tax | 94 Views

Issue relating to deletion of penalty levied u/s 271(1)(c) of the Income tax Act, 1961

Poojitha Raam Vinay 11 September 2021 at 21:30

The above two separate appeals by the Revenue are preferred against the order of the Commissioner of Income Tax [Appeals] - 35, New Delhi dated 15.12.2017 pertaining to Assessment Years 2006-07 and 2007-08 respectively.

Posted in Income Tax | 105 Views

Interest u/s 234B and 234C for default in payment of advance tax

Poojitha Raam Vinay 11 September 2021 at 21:30

The present appeals have been fi led by the assessee against the orders of ld. CIT(A)-20, New Delhi dated 28.02.2018 and 28.03.2018.

Posted in Income Tax | 99 Views

Treatment of salary and incentives paid to the Directors u/s 40A(2)(a) of the IT Act

Poojitha Raam Vinay 11 September 2021 at 21:30

The present appeal has been filed by the assessee against the order of ld. CIT(A)-2, New Delhi dated 11.05.2018.

Posted in Income Tax | 93 Views

Reopening of case after recording reasons under section 147 of the I.T. Act, 1961

Poojitha Raam Vinay 11 September 2021 at 21:30

This appeal filed by the Assessee is directed against the Order Dated 29.07.2019 of the Ld. CIT(A)-10, New Delhi, relating to the A.Y. 2010-2011.

Posted in Income Tax | 103 Views

Disallowance of excess claim of development expenses by AO

Poojitha Raam Vinay 11 September 2021 at 21:30

This appeal filed by the Revenue is directed against the order passed by the learned CIT(A)-14, Chennai dated 26.03.2018 and pertains to assessment year 2008-09.

Posted in Income Tax | 83 Views

Kerala HC: No cancellation of GST registration in absence of proper enquiry by GST Authority

Bimal Jain 11 September 2021 at 09:33

In FR TRADE LINKS v. THE STATE TAX OFFICER [WP(C) NO. 28917 OF 2020 dated August 05, 2021], FR Trade Links ('the Petitioner') filed Writ Petition at the Hon’ble Kerala High Court challenging the orders cancelling his certificate of registration under

Posted in GST | 121 Views

When Amount received can be termed as proceeds of crime liable to be confiscated or for compensation

Bimal Jain 11 September 2021 at 09:30

In RAVINA AND ASSOCIATES PVT LTD & ANR. v. CENTRAL BUREAU OF INVESTIGATION & ANR. [CRL.M.C. 1372/2021 CRL.M.A. 8423/2021 dated September 2, 2021], RavinaAnd Associates Pvt Ltd. ("the Petitioner") were maintaining accounts with National WestMinister B

Posted in Income Tax | 109 Views

Kerala HC: No requirement of E-Way Bill for transportation of Used Personal Vehicle

Bimal Jain 11 September 2021 at 09:30

In Assistant State Tax Officer v. VST and Sons and Ors. [WA NO. 914 OF 2021 dated July 22, 2021], Assistant State Tax Officer ("the Petitioner") had filed an appeal challenging the judgement dated October 21, 2020 in WP(C) 22304/2020 in the Kerala Hi

Posted in GST | 122 Views