Delhi High Court: Assessment Order Cannot Be Directed Against Only One Of The Legal Heirs Of Deceased Assessee The Delhi High Court while adjudicating a writ petition has set aside the impugned...
Delhi High Court Directs Assessing Officer to Confront Vodafone Mauritius with Material to Invalidate the Validity of TRC The Delhi High Court by its division judges’ bench comprising of Justices...
Bombay High Court: Recovery Order Cannot be Sustained against Director of a Company Having Lack of Financial Control in the Company The Bombay High Court by its division judges’ bench of Justices...
Bombay High Court: Assessing Officer Holds No Jurisdiction to Reopen Assessment for Disputes Settled Under Kar Vivad Samadhan Scheme The Bombay High Court by its division judges bench comprising of...
Karnataka High Court: Notice & Assessment Order Passed in the Name of Non-Existing Company is Illegal & Without Jurisdiction The Karnataka High Court by its single judge Justice S. Sunil Dutt...
ITAT: Interest Subsidy Received under Technology Upgradation Fund Scheme is Not Chargeable to Tax The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that interest subsidy received...
ITAT: Co-Ownership of More than One House Does Not Bar Deduction Under Section 54 of Income Tax Act, 1961 The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has observed that co-ownership in...
ITAT BCCI Not Liable to Deduct Tax: Payment of Compensation to CSA Under Termination Agreement Is Not Taxable Under India-South Africa DTAA The Income Tax Appellate Tribunal (ITAT), Mumbai, by its...
Supreme Court: In Absence of Incriminating Material No Additions can be levied to Taxable Income The Supreme Court while adjudicating batch of appeals has observed that, in the case of...
ITAT: Under Section 14A of Income Tax Act, Disallowance Cannot Exceed the Exempt Income Earned by the Assessee The Income Tax Appellate Tribunal (ITAT), Mumbai has held that disallowance under...
Supreme Court: High Courts are not Precluded from Considering ITAT’s Determination of Arm’s Length Price under Section 260A of Income Tax Act, 1961 The Supreme Court in a significant ruling has held...
Supreme Court: Profit Earned from DEPB / Duty Drawback Schemes is not elgibile for Deduction under Section 80-IB of Income Tax Act The Supreme Court by its coram compisring of Justices M.R. Shah and...
