Payment for Computer Software Not Royalty, No TDS Deduction Required: Delhi High Court Introduction The Delhi High Court has reiterated that consideration paid by an Indian entity to a foreign...
Assessment Order Quashed for Failure to Allow Cross-Examination: ITAT Introduction The Income Tax Appellate Tribunal (ITAT) has set aside an assessment order due to the Assessing Officer’s failure...
Section 144C vs Section 153: Supreme Court's Divergent Views on Limitation Period Introduction The Supreme Court has delivered a split verdict on the interpretation of the limitation period under...
Delhi High Court Upholds Deductibility of License Fees Paid by Remfry & Sagar for Use of Founder’s Name and Goodwill Under IT ActThe Delhi High Court has dismissed appeals filed by the Principal...
Bombay High Court Overturns Assessment, Criticizes AO's Lack of Inquiry and CIT(A) & ITAT's Mechanical Endorsement of Expense DisallowanceThe Bombay High Court has quashed the Income Tax Appellate...
Income Tax Addition on Failure to Prove Genuineness of Creditors Who Gave Cash Loan Upheld by Jharkhand High CourtThe bench comprising of Justices Rongon Mukhopadhyay and Deepak Roshan has noted that...
Bombay High Court: AO Cannot Re-Open Assessment to Remedy Error Resulting from His Oversight in Assessment The Bombay High Court has ruled that the Assessing Officer cannot take recourse to reopen...
