Judgements and Orders, Supreme Court and High courts of India

Disallowance u/s.14A and disallowance of interest u/s. 36 (1) (iii) of the Income Tax Act

Guest 18 January 2021 at 17:10

This appeal by the assessee is preferred against the order ofthe CIT(A)-38, New Delhi dated 23.10.2017 pertaining to A.Y. 2013-14.

Posted in Income Tax | 79 Views

GST would be levied on recovery of canteen services regardless "profit-making" aspect

Bimal Jain 18 January 2021 at 16:26

The Hon'ble Gujarat AAR, in the matter of M/s Amneal Pharmaceuticals Pvt. Ltd. [Advance Ruling No. GUJ/GAAR/R/50/2020, dated July 30, 2020] held that GST would be levied on recovery of amount from employee on account of third party canteen services p

Posted in GST | 106 Views

High Court declined to interfere in the matter of extension of the due date for filing Tax Audit Report and ITR

Bimal Jain 18 January 2021 at 10:44

The Hon'ble Gujarat High Court in All Gujarat Federation of Tax Consultants v. Union of India [R/Special Civil Application No. 13653 and 660 of 2021, dated January 13, 2021] dismissed the writ applications filed for extension of the due date of filin

Posted in Income Tax | 82 Views

No GST should be levied on notice pay received from employees in lieu of notice period

Bimal Jain 13 January 2021 at 12:39

The Hon'ble Gujarat AAR, in the matter of M/s Amneal Pharmaceuticals Pvt. Ltd. [Advance Ruling No. GUJ/GAAR/R/51/2020, dated July 30, 2020] recently held that GST at the rate of 18% is applicable on recovery of notice pay from the employees who leave

Posted in GST | 190 Views

Neel Kant Chaudhary, assessee has been allowed for the appeal following which the order of the authority has been set aside

Guest 13 January 2021 at 11:15

This appeal by assessee has been directed against the order of Ld. CIT(Appeals), Muzaffarnagar dated 14.11.2017 for AY 2012-13, challenging the reopening of the assessment u/s148 of the IT Act and addition of Rs. 18,78,400/- u/s 69A ofthe IT Act.

Posted in Income Tax | 154 Views

Manoj Kumar, assessee has been allowed with the appeal as the penalty imposed was not sustainable in the eyes of law and deleted.

Guest 13 January 2021 at 11:15

This appeal filed by the Assessee is directed against the impugned order dated 16.4.2019 passed by the Ld. Commissioner of Income Tax (Appeals)-20, New Delhi , pertaining to assessment year 2010-11.

Posted in Income Tax | 163 Views

Lucky Machine P. Ltd, the appeal of the assessee has been allowed with the judgement of Ld. DR being overruled

Guest 13 January 2021 at 11:15

This appeal by assessee has been directed against theorder of Ld. CIT(Appeals)-Faridabad dated 22.05.2019 for AY 2010-11.

Posted in Income Tax | 134 Views

Outokumpu India Pvt. Ltd., appeal of the assessee is allowed for statistical purposes under the Vivad se Vishwas Scheme, 2020.

Guest 13 January 2021 at 11:15

This appeal by the assessee is directed against order dated 24.06.2019 passed by the learned CIT(Appeals)-38, New Delhi [in short ‘the Ld. CIT(A)’] for assessment year 2016-17.

Posted in Income Tax | 140 Views

Dinesh Kumar Verma, the assessee’s appeal has been allowed as the impugned order is set aside for AY 2014-15.

Guest 13 January 2021 at 11:15

This appeal by the assessee is directed against the order ofCommissioner of Income Tax (Appeals)-3, Thane (in short ‘the CIT(A)’) dated 18/09/2018 for the assessment year 2014-15.

Posted in Income Tax | 240 Views