Judgements and Orders, Supreme Court and High courts of India

Held by the Hon`ble Court that, whenever there is concurrent finding by the below authorities no interference should be called for by the high court.

Held by the Hon`ble Bench that the income obtained was not merely because of the bare letting of the premises but also because of the facilities and services rendered and just as utilisation of accommodation for providing board and lodging facility t

Section 529A, read with section 457 of Companies Act, 1956 - Overriding preferential payments - Applicants were secured creditors of respondent company which was ordered to be wound up - As ordered by Court, Official liquidator sold assets of company

Section 65 of the Finance Act, 1994 - Clearing and forwarding agent’s services - Period 1-9-1999 to 31-7-2002 - Assessee entered into an agreement with Gas Authority of India Ltd. (GAIL) titled ‘Consignment Stockistship Agreement’ - Under said agreem

Section 205A of the Companies Act, 1956 - Unpaid dividend to be transferred to special dividend account - Respondent filed a complaint under section 205A alleging that petitioner-company had declared dividend but did not transfer amount of dividends

Section 80-IB of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial undertaking other than infrastructure development undertakings - Assessment year 2001-02 - Whether duty drawback is profit or gain derived from business of an

A return of income which is signed and verified by a person other than one authorized under Act, shall be treated to be defective which would be amenable to provisions of sections 292B and 139(B)

Where the Dept. is aggrieved by a finding of fact in a decision of the Tribunal, challenge to such finding must be specifically made before the High Court. Where the Dept. solely rests on the voluntary disclosure of income and the same is accepted w

M/s. Deloitte Tax Services India Pvt. Ltd. is a private limited company under 100% EOU registered with Software Technology Park of India, Hyderabad. They provided various services to M/s. Deloitte Tax LLP in USA