Judgements and Orders, Supreme Court and High courts of India

Mars Lifestyle Pvt Ltd takes immunity under Vivad Se Vishwas Scheme

Guest 18 January 2021 at 17:10

This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-17, Mumbai [in short ‘the CIT(A)’] dated 23.01.2019 for the Assessment year 2008-09.

Posted in Income Tax | 110 Views

Appeal Stands withdrawn as Kantaben R.Kakadia opts Vivad Se Vishwas Scheme

Guest 18 January 2021 at 17:10

Aforesaid appeal by assessee for Assessment Year 2015-16 contest the order of learned first appellate authority on certain grounds of appeal.

Posted in Income Tax | 101 Views

Non-Coverage of suspicious loan transaction in the exception’s clause of CBDT circular

Guest 18 January 2021 at 17:10

This appeal by the Revenue is directed against the order of ld. Commissioner of Income Tax (Appeals)(in short ‘Ld. CIT(A)-II, Indore dated 21.08.2019 pertaining to assessment year 2010-11. The assessee has raised following grounds of appeal:

Posted in Income Tax | 117 Views

Revenue’s appeal, prima-facie, is not maintainable in terms of low tax effect

Guest 18 January 2021 at 17:10

Aforesaid appeal by revenue for Assessment Year 2014-15 contest the order of learned first appellate authority on certain grounds of appeal. Upon perusal of Form-36, it is noted that thename of the assessee has erroneously been written as Shri Hirala

Posted in Income Tax | 140 Views

Tax effect in the appeal is less than the statutory limit of Rs.50,00,000/-

Guest 18 January 2021 at 17:10

This is Revenue’s appeal for the A.Y. 2013-14 against the order of Ld.CIT(A), Hyderabad dated 25.04.2019.

Posted in Income Tax | 82 Views

Disallowance of the loss from business being the interest paid to the firm on overdrawn capital balance in the firm.

Guest 18 January 2021 at 17:10

This is assessee’s appeal for the A.Y 2016-17 against the order of the CIT (A)-5, Hyderabad, dated 18.09.2019.

Posted in Income Tax | 100 Views

Disallowance of deduction u/s 10B of miscellaneous income

Guest 18 January 2021 at 17:10

These two appeals by the assessee are directed against acommon order dated 30/03/2017 passed by the learned CIT(Appeals)-31, New Delhi [in short ‘the Ld. CIT(A)’] for assessment years 2010-11 and 2011-12 respectively. As common issue in dispute are

Posted in Income Tax | 80 Views

Without serving a proper and valid notice u/s 148 of the Act, Assessment order u/s 147 is bad in law.

Guest 18 January 2021 at 17:10

This is assessee’s appeal for the A.Y 2011-12 against the order of the CIT (A)-7, Hyderabad, dated 7.10.2019.

Posted in Income Tax | 109 Views

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 | 84 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 | 124 Views