ITAT: Merely because certain attributes like fixed remuneration, leaves, rules, fixed timings were applicable to doctors, they cannot be considered as employees in absence of master-servant relationsh…
ITAT: The case clearly falls beyond scope of Para 4(i) of Circular No. 10/2019 and since the Assessee failed to file any application for condonation of delay under Section 119(2)(b) as mandated in Para…
ITAT: Assessee could not be treated as an assessee in default for mere book entries passed within meaning of Section 201(1) and consequently interest under Section 201(1A) is liable to be deleted.
ITAT: The explanation offered by the Assessee constitutes a reasonable cause and the Assessee is eligible to the protection envisaged under Section 273B.
ITAT: Consideration paid in excess of the book value of the assets acquired consists of goodwill and the same is an intangible asset, eligible for depreciation.
HC: When a case is transferred under Section 127, all proceedings under this Act gets transferred, whereas such power is nowhere provided for under the aforesaid schemes.
ITAT: Revenue failed to place on record any contrary view and thus, there is no infirmity in CIT(A) order deleting the disallowance.
ITAT: There is no illegality or perversity in CIT(A) order directing AO to rectify mistake of omission to make addition of the unaccounted income, which was apparent from record.
ITAT: In case there is a failure to get the accounts audited for the purpose of Section 12A(1)(b), there is no penalty provision under the Act, however the benefit under Section 11/12 could be denied.
ITAT: Provision is in relation to claims incurred but yet to reported by the insured to the Assessee, on the basis of actuarial valuation as mandated by IRDA and the claims are now well settled.
ITAT: The burden to establish existence of fixed place PE is entirely on the Revenue and in the present case the Revenue failed to discharge the said burden.
ITAT: Effluent treatment plant shall be considered as part of water treatment plant and shall be eligible for deduction under Section 80-IA(4).
ITAT: Maintenance support services and training services do not fall in the ambit and nature of FTS within Article 12(4) of India-Singapore DTAA.
ITAT: Assessee is directed to furnish a bank guarantee of Rs.10 Cr. before the Revenue on or before Jun 2, 2023, which shall remain in force until the disposal of Assessee’s appeal.
ITAT: Exchange of Information provided for in the Protocol will be applicable for information relating to any fiscal year beginning on or after the Apr 1, 2011.
HC: Transfer of assessment to DCIT, Jaipur would cause inconvenience and hardship to the Assessee in terms of money and resources, accordingly, the order under Section 127 is liable to be set aside.
ITAT: Interest received by the Assessee cannot be treated as operational income as the interest received does not pertain to credit facilities provided to its members as stipulated in Section 80P(2)(a…
ITAT: Since the final assessment order passed by Revenue on Nov 10, 2017 refers only to the name of amalgamating company without any reference to the amalgamated company, the order suffers from illegality…
HC: The limited scope available under Article 226 of Constitution is to ascertain the existence of information in view of scheme of Section 148A and no other contrary construction can be culled out.
ITAT: If the Assessee has chosen to reap the fruits of the interpretation given by the High Court, the Assessee is also liable to face consequences, if interpretation given by the High Court is reversed…