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21,731 rulings

Desk: Both Direct Tax GST

Direct Tax ·ITAT Hyderabad · 04 Jan 2013
Penalty u/s. 271B not liable where Audit Report obtained before due date but return filed after due late.
M/s. B.D.Leasing & Finance Ltd. vs ACIT
(2013) TaxCorp(LJ) 1548 (ITAT-HYDERABAD) · Income Tax Section 44AB, 271B, 271F
Direct Tax ·ITAT Hyderabad · 24 Aug 2012
Penalty u/s 271(1)(c) is neither mandatory nor automatic, merely excepting the deficit cash balance found in the cash book, no other incriminating material was found during the survey operation penalty cannot be imposed.
Pooja Jewellers vs ITO
(2012) TaxCorp(LJ) 1547 (ITAT-HYDERABAD) · Income Tax Section 271(1)(c)
Direct Tax ·ITAT Delhi · 05 Feb 2013
Penalty proceedings and assessment proceedings are separate and distinct.
Lukesh Singh vs Addl. CIT
(2013) TaxCorp(LJ) 1546 (ITAT-DELHI) · Income Tax Section 271(1)(c)
Direct Tax ·Delhi High Court · 11 Jan 2013
When the Constitution confers on the High Court the power to give relief, it becomes the duty of the court to give such relief and that the existence of an alternative remedy is not always a sufficient reason for refusing a party quick relief by way of a
SIDDHARTH OPTICAL DISC PVT. LTD & OTHERS vs UOI
(2013) TaxCorp(LJ) 1545 (HC-DELHI)
Direct Tax ·Bombay High Court · 24 Jan 2013
S. 54F exemption acceptable even though the Bungalow demolished much before completing 3 years of purchase and no new bungalow was constructed.
The Commissioner of Income Tax vs Ms. Chhaya B. Parekh
(2013) TaxCorp(LJ) 1544 (HC-BOMBAY) · Income Tax Section 2(47), 54F
Direct Tax ·ITAT Delhi · 18 Jan 2013
CIT cannot purview Right of Children to Free and Compulsory Education Act, 2009 for rejection application u/s 12AA(1)(b)(ii) and also CIT had no jurisdiction to make the observations regarding aided/unaided schools, that there is no requirement u/s 12AA o
Shri Gian Ganga Vocational Educational Society vs CIT
(2012) TaxCorp(LJ) 1543 (ITAT-DELHI) · Income Tax Section 11, 12AA
Direct Tax ·ITAT Mumbai · 28 Dec 2012
The volume of transactions, frequency of transaction and period of holding etc., would not alter the nature of transaction from investment to trading and the share profit shows by the assessee in the AY under consideration of Rs. 29,04,561/- is assessable
Asst. C.I.T. Circle vs Mr. Pradip U. Patel
(2012) TaxCorp(LJ) 1542 (ITAT-MUMBAI)
Direct Tax ·ITAT Bangalore · 30 Nov 2012
S. 2(14) - Definition of Capital asset - the words ‘within such distance’ - taking the straight line (crow’s flight) or approach by road
The Income-tax Officer vs Shri Rinny Eapen
(2012) TaxCorp(LJ) 1541 (ITAT-BANGALORE) · Income Tax Section 2(14), Notification No.9447 dated 6.1.1994
Direct Tax ·ITAT Bangalore · 10 Dec 2012
S. 147: Non-supply of recorded reasons before passing reassessment order renders the reopening void. Subsequent supply does not validate reassessment order.
M/s Synopsys International Limited vs The Deputy Director of Income Tax
(2012) TaxCorp(LJ) 1540 (ITAT-BANGALORE) · Income Tax Section 143(3) rws 148, 147 and clause (iii) of Explanation 2 to section 9(1)(vi)
Direct Tax ·ITAT Indore · 27 Nov 2012
Mere assessee’s efforts to use residential property for commercial purposes also claim of deduction u/s 54F cannot be denied.
Income-tax Officer vs Shri Suresh Chand Kukreja
(2012) TaxCorp(LJ) 1539 (ITAT-INDORE) · Income Tax Section 54, 54F
Direct Tax ·ITAT Ahmedabad · 04 Sep 2012
Wealth Tax - Urban land exempt only if the construction of a building is not permissible under any law and not mere on urban land which is “subject to permission”
Shri Vijaybhai H. Shah vs The Dy. Commissioner of Wealth Tax
(2012) TaxCorp(LJ) 1538 (ITAT-AHMEDABAD) · Section 2(2)(ea)(v) of the Wealth Tax Act, 1957
Direct Tax ·Bombay High Court · 21 Sep 2011
Amount seized during search proceeding could be adjusted against the Advance Tax liability while computing the interest under sections 234B and 234C.
Commissioner of Income Tax vs. Shri Jyotindra B. Mody
(2013) TaxCorp(LJ) 1537 (HC-BOMBAY) · Income Tax Section 132, 234B, 234C
Direct Tax ·Supreme Court · 18 Feb 2013
TDS U/S 194A NOT DEDUCIBLE
CIT vs SAHIB CHITS(DELHI) P.LTD
(2013) TaxCorp(LJ) 1536 (SC) · Income Tax Section 194A
Direct Tax ·Madras High Court · 17 Jul 2013
Amendment in Tamil Nadu VAT Act, 2010 - Constitutional validity
Jayam and Others vs Assistant Commissioner (CT) and State of Tamil Nadu (Madras)
(2013) TaxCorp(LJ) 1535 (HC-MADRAS) · Section 19(20) as amended by Amendment Act 22 of 2010
Direct Tax ·MP High Court · 27 Jun 2013
Bogus s. 132 search due to "annoyance" of AO is abuse of power
Rajesh Rajora & Smt Sameeta Rajora vs UOI ans Others (MP)
(2013) TaxCorp(LJ) 1534 (HC-MP) · Income Tax Section 132, 153A
Direct Tax ·ITAT Mumbai · 13 Jun 2013
S. 194-I TDS: Lease premium paid to MMRDA is not "rent"
ITO (TDS) vs M/s. Wadhwa & Associates Realtors Pvt. Ltd (Mumbai)
(2013) TaxCorp(LJ) 1533 (ITAT-MUMBAI) · Income tax Section 194I, 201(1), 201(1A)
Direct Tax ·Delhi High Court · 11 Jul 2013
Explanation to s. 43(5)
CIT vs DLF Commercial Developers Limited (Delhi)
(2013) TaxCorp(LJ) 1532 (HC-DELHI)
Direct Tax ·ITAT Cuttack · 13 Jun 2013
Order passed u/s. 263
ARSS INFRASTRUCTURE PROJECTS LTD vs ACIT (Cuttack)
(2013) TaxCorp(LJ) 1531 (ITAT-CUTTACK) · Income Tax Section 263, 80IA(4)
Direct Tax ·Delhi High Court · 02 Jul 2013
Jurisdiction of the High Court depends on sites of AO
COMMISSIONER OF INCOME TAX vs M/S AAR BEE INDUSTRIES (Delhi)
(2013) TaxCorp(LJ) 1530 (HC-DELHI) · Income Tax Section 260A, 80B(4)
Direct Tax ·ITAT Bangalore · 05 Jul 2013
Income Tax Section 263, 10A, 115JB, 40(a)(i), 40(a)(ia)
IBM India Private Limited vs. Commissioner of Income Tax (LTU) (Bangalore)
(2013) TaxCorp(LJ) 1529 (ITAT-BANGALORE) · Income Tax Section 263, 10A, 115JB, 40(a)(i), 40(a)(ia)

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