Madras High Court Waives 10% Pre-Deposit in Cooperative Bank's Writ Appeal Following Assessee's Payment of 10% of Demand The Madras High Court has waived the requirement for a 10% pre-deposit since...
ITAT: Premium on Issue Of Shares To Existing Shareholders Not Deemed Income If Beneficiary Derives No Revenue Cites the decision in a previous case to make its point The Delhi bench of the...
Delhi High Court: Services Offered by Irish Co to Indian Counterpart Not Technical The matter was relevant in the context of the India-Ireland Double Taxation Avoidance Agreement The Delhi High...
Interest on Borrowed Funds for Shares in Appellant’s Companies Ineligible for Deduction: Bombay High Court The Bombay High Court has ruled that interest paid on borrowed funds for investing in shares...
SEBI directs Vedanta India to pay Cairn UK Holdings Rs.77.62 Crores for Delayed Dividend Payout It has been ordered to reimburse the amount within 45 days to avoid further action The Securities...
ITAT: Employees’ Contributions Not Deposited Within Due Dates Under PF and ESIC Acts Not Eligible For Deduction The bench referred to the decision of the Supreme Court in a previous case The...
Patna High Court: Differentiation In Leave Encashment Exemption Between Government Employees And Others Does Not Violate Article 14 The Patna High Court has ruled that distinguishing between...
Gujarat High Court Declines To Intervene In Case Challenging Validity of Notices Issued Under Section 153C of the IT Act In a significant judgment, the Gujarat High Court has declined to intervene in...
Delhi High Court: Mere TDS Deduction On Grants by A Donor Doesn't Disqualify Assessee-NGO from Section 11 Income Tax Act Exemption The Delhi High Court has ruled that the mere deduction of TDS by a...
Bombay High Court: Interest Paid On A Loan Taken To Invest In Shares Of A Subsidiary As Part Of Regular Business Activities Is Allowable Expenditure The Bombay High Court has ruled that when an...
Delhi High Court: Mitsubishi Corporation Exempted From TDS Deduction for Non-Taxable Payments in India The Delhi High Court ruled that Mitsubishi Corporation is not obligated to deduct TDS under...
Jharkhand High Court: Reopening Notice U/S 148 IT Act Should Be Quashed If Barred By Limitation Period Prescribed Under Section 149 The Jharkhand High Court has determined that the initiation of...
