Judgements and Orders, Supreme Court and High courts of India

Stipends reimbursed by Trainer Companies doesn't attract GST

Bimal Jain 28 August 2021 at 13:06

In M/s. Yashaswi Academy for Skills [No. GST-ARA-83/2019-20/B-47 dated August 20, 2021], M/s. Yashaswi Academy for Skills ("the Applicant") has sought a clarification on the issue as to whether the reimbursement by the companies to the Appellant of t

Posted in GST | 200 Views

Can Corporate Management Fee be added u/s 40(a)(i) in the income computation statement?

Poojitha Raam Vinay 28 August 2021 at 09:33

The assessee has filed this appeal challenging the revision order dated 19.1.2017 passed by Ld. CIT(LTU), Bangalore for assessment year 2010-11 u/s 263 of the Income-tax Act,1961 ['the Act' for short]. The assessee is challenging the validity of same

Posted in Income Tax | 147 Views

Is R&D expenditure eligible for deduction under section 28 to 44DB of the Income Tax Act?

Poojitha Raam Vinay 28 August 2021 at 09:33

These seven appeals at the instance of the assessee and five cross objections preferred by the Revenue are directed against various orders of the CIT(A). The relevant assessment years are 2007-2008, 1010-2011 to 2015-2016.

Posted in Income Tax | 156 Views

Assessee appeals for grant of deduction u/s 80P(2)(a)(i)

Poojitha Raam Vinay 28 August 2021 at 09:33

This appeal by the assessee is directed against the order of CIT(Appeals), Belgaum dated 28.01.2019 for the assessment year 2013-14

Posted in Income Tax | 130 Views

Claim of deduction by assessee under section 35AD of the Income Tax Act

Poojitha Raam Vinay 28 August 2021 at 09:33

Present appeals are filed by assessee as well as revenue against order dated 30/04/2019 passed by the Ld.CIT (A)-2, Bangalore for assessment years 2012-13 and 2014-15.

Posted in Income Tax | 127 Views

Bogus bills issued by M/s Asian Tube Trading

Poojitha Raam Vinay 28 August 2021 at 09:33

Whether worthy Commissioner of Income Tax (Appeal) has not erred in law in not taking cognizance of assessee's own admission that M/s Asian Tube Trading is a fictitious firm of his parent Firm Mis Na yak Steel.

Posted in Income Tax | 114 Views

TDS u/s 194A of the Income Tax Act, 1961

Poojitha Raam Vinay 28 August 2021 at 09:33

This is an appeal by the assessee against the order dated 14.09.2017 of CIT(A)-7, Bengaluru, in relation to AY 2014-15.

Posted in Income Tax | 143 Views

Can transaction appearing in the bank account be treated as escaped income?

Poojitha Raam Vinay 28 August 2021 at 09:33

Revenue is in appeal before the Tribunal against order of the ld.CIT(A)-2, Ahmedabad dated 27.6.2016 passed for Asstt.Year 2007- 08.

Posted in Income Tax | 117 Views

Calculation of LTCG and STCG under the Income Tax Act

Poojitha Raam Vinay 28 August 2021 at 09:33

This assessee’s appeal for A.Y. 2012-13, arises from order of the CIT(A)-10, Ahmedabad dated 03-03-2017, in proceedings under section 143(3) of the Income Tax Act, 1961; in short “the Act”.

Posted in Income Tax | 119 Views