Judgements and Orders, Supreme Court and High courts of India

Private coachings for CA, CS, CMA etc. are not educational institution, liable to pay GST

Bimal Jain 21 July 2021 at 08:53

In Re: Logic Management Training Institutes Pvt. Ltd. [Order No. AAAR/13/21 dated May 05, 2021] the Logic Management Training Institutes Pvt. Ltd. ('the Appellant') appealed against the AAR, Kerala ruling wherein it was held that institutes imparting

Posted in GST | 131 Views

Interest on late payment of service tax is compensatory in nature and shall be treated as a permissible deduction

Bimal Jain 21 July 2021 at 08:53

The Hon’ble ITAT, New Delhi in DCIT v. Planman HR Pvt. Ltd. (ITA No.5152/Del/2017, dated July 15, 2021) disposed of the appeal filed by the Revenue Department ('the Respondent') and upheld the order passed by the Commissioner of Income Tax (Appeals)

Posted in Income Tax | 157 Views

Merely exercising option under composite scheme cannot prevent Revenue Department from demanding the recovery of GST

Bimal Jain 20 July 2021 at 17:43

The Hon'ble Andhra Pradesh High Court in Godway Furnicrafts vs. the State of AP [Writ Petition No.10350 of 2020, dated November 11, 2020] confirmed the demand for recovery of Goods and Services Tax ("GST") by Revenue Department and held that merely b

Posted in GST | 112 Views

HC directed to adjudicate matter before Tribunal as it involved adjudication on technical points w.r.t. business transactions

Bimal Jain 20 July 2021 at 17:41

In M/s BAPL Industries Limited v. Union of India [W.P. 27387/2011 and MP No. 1/2011 & 1/2013 decided on July 14, 2021], M/s BAPL Industries Limited ("the Petitioner"), a manufacturer and exporter filed a writ before Hon’ble High Court Madras to direc

Posted in GST | 144 Views

Valuation per share as per Rule 11UA of the Income Tax Rules, 1962

Guest 20 July 2021 at 14:03

This appeal by the Assessee is directed against the order of learned CIT(A)-06 dated 26.09.2018 and pertains to Assessment Year 2015-16.

Posted in Income Tax | 631 Views

Whether the income of the assessee club would be taxable at maximum marginal rate u/s.167B of the Act or at slab rates applicable to AOP?

Guest 20 July 2021 at 14:03

This appeal in ITA No.5431/Mum/2019 for A.Y.2014-15 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-53, Mumbai in appeal No.CIT(A)-53/IT-376/ACIT-18(2)/2018-19 dated 18/06/2019 (ld. CIT(A) in short) against the order of assess

Posted in Income Tax | 287 Views

Assessee filed for grounds of short credit for tax deducted at source.

Guest 20 July 2021 at 14:03

This appeal by the Assessee is directed against the order of learned CIT(A)-53 dated 12.04.2019 and pertains to Assessment Year 2011-12.

Posted in Income Tax | 165 Views

Long Term Capital Gain on the transfer of a residential house under the Income Tax Act

Guest 20 July 2021 at 14:02

This appeal by the Assessee is directed against the order of learned CIT(A)-45 dated 23.05.2019 and pertains to Assessment Year 2013-14.

Posted in Income Tax | 126 Views

Penalty and quantum assessment proceedings are distinct and separate, says ITAT

Guest 20 July 2021 at 14:02

The appeal of the assessee arises out of the order passed by the Ld. Commissioner of Income Tax (Appeals)-38, Mumbai [hereinafter referred to as ‘Ld. CIT(A)’] dated 28.01.2019 for assessment year 2014-15against the order of assessment framed by the L

Posted in Income Tax | 189 Views

What constitutes as 'current repairs' to claim deduction u/s.30(a)(ii) of the Income Tax Act?

Guest 20 July 2021 at 14:02

This appeal in ITA No.6370/Mum/2019 for A.Y.2009-10 arises outof the order by the ld. Commissioner of Income Tax (Appeals)-38,Mumbai in appeal No.CIT(A)-38/ITO-26(1)(2)/IT-10062/2018-19 dated14th May 2019 (ld. CIT(A) in short) in the matter of imposi

Posted in Income Tax | 121 Views