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Latest Supreme Court Verdicts

  1. CIT vs. Suman Dhamija (Supreme Court) The appeals and review petitions preferred by the department before the High Court, were disposed of on the basis of the CIT vs. Meghalaya Steels Ltd (Supreme Court) High Courts being Courts of Record under Art. 215 of the Constitution of India, the power of review would in fact inhere in them. Section 260A(7) only states that all the provisions that would apply q .....

  2. CIT vs. Bhagat Construction Co. Pvt. Ltd (Supreme Court) It will be seen that under the provisions of Section 234B, the moment an assessee who is liable to pay advance tax has failed to pay such tax or where the advance tax paid by such an assessee is less .....

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Latest High Court Verdicts

  1. Mool Chand Khairati Ram Trust vs. DIT(E) (Delhi High Court) The expression “such purposes” in s. 11 clearly refers to the purposes for which the property is held in Trust. Both the conditions i.e. the income should be derived from the property held in Trus .....

  2. CIT vs. Noida Medicare Centre Ltd (Delhi High Court) The central question is whether the obligation to pay customs duty related back to the actual date of payment of customs duty or the date of import of the equipment and whether the said customs duty p .....

  3. Pr. CIT vs. Tupperware India Pvt. Ltd (Delhi High Court) The department’s contention that the judgement in mobile_phones

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    Latest ITAT Verdicts

    1. Hasmukh N. Gala vs. ITO (ITAT Mumbai) The word 'purchase' used in Section 54 of the Act should be interpreted pragmatically. The intention behind Section 54 was to give relief to a person who had transferred his residential house and had .....

    2. Infogain India Pvt. Ltd vs. DCIT (ITAT Delhi) The Profit Split Method (PSM) first identifies the profit to be split for the associated enterprise from the controlled transactions in which the AEs are engaged. It then splits these profits between .....

    3. Mitsui & Co. India Pvt. Ltd vs. DCIT (ITAT Delhi) The activities of purchase and sale i.e. trading involves risk and finance whereas in the activity of support services i.e. intending transactions the assessee has neither to incur any financial oblig .....

    Latest Useful Information

    1. Supreme Court Stays Bar Council’s Directive On Advocates’ Verification A Writ Petition No. 17361 of 2015 was filed by A. P. Ranganathan in the Karnataka High Court to challenge the Certificate and place of Practice (Verification) Rules, 2015. (copy of Writ Petition is av .....

    2. Imp Directive Of Bar Council For Practicing Advocates To Verify Themselves Before 15.09.2015 Or Face Suspension Bar Council of India has framed the “Bar Council of India Certificate and Place of Practice (Verification) Rules 2015”. A copy of the rules is available with the Bar Association. The necessary fo .....

    3. CBDT Notification On Computation Of Period Of Stay In India U/s 6(1) The CBDT has issued a Notification dated 17.08.2015 in which it has laid down rules on the computation of period of stay in India in certain cases. The rules come into effect with retrospective effect .....

    Latest Articles By Legal Luminaries

    1. Supreme Court Stays Bar Council’s Directive On Advocates’ Verification A Writ Petition No. 17361 of 2015 was filed by A. P. Ranganathan in the Karnataka High Court to challenge the Certificate and place of Practice (Verification) Rules, 2015. (copy of Writ Petition is av .....

    2. Imp Directive Of Bar Council For Practicing Advocates To Verify Themselves Before 15.09.2015 Or Face Suspension Bar Council of India has framed the “Bar Council of India Certificate and Place of Practice (Verification) Rules 2015”. A copy of the rules is available with the Bar Association. The necessary fo .....

    3. CBDT Notification On Computation Of Period Of Stay In India U/s 6(1) The CBDT has issued a Notification dated 17.08.2015 in which it has laid down rules on the computation of period of stay in India in certain cases. The rules come into effect with retrospective effect .....

    Latest Blog Posts

    1. Can Revenue Launch Prosecution Without Waiting For The Outcome Of Appellate Proceedings? The author expresses concern over the proposal of the Income-tax department to launch prosecution proceedings against taxpayers without waiting for the outcome of the appeals filed by them. He argues .....

    2. Non-Appointment Of ITAT Vice-Presidents Is Disturbing And Will Hinder Motive Of ‘Sulabh Nyay’ (Easy Justice) The author has raised the alarm that appointing the President and Members for the ITAT is not sufficient. He reminds the Government that it also needs to urgently appoint several Vice Presidents to fi .....

    3. Respected ITAT, We Solemnly Pledge To Restore Your Past Glory And Prestige The author, an eminent senior advocate, is deeply anguished that the ITAT, which was at one time hailed as a “Model Tribunal”, is today facing the ignominy of being subjected to repeated .....

    Latest Forum Discussions

    1. transactions of shares- whether capital gain or business dear members
      how to categorise the following  vis-a-vis dept.ciruclars and judicial precedents
      1. shares  purchase and sale on the single day - delivery based
      2. shares purcha .....

    2. Re: FTS from Hong Kong Thanks alot for your precious time Mr Singla ...just some confusion...Part II With heading " Rates For Deduction of Tax At Source in Certain Cases" does mention rates for section 193,194,194 .....

    Latest Digest Of Important Case Laws

    The Digest is prepered by our editorial team by scanning several journals such as BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Income Tax Review, SOT, Taxman, Taxation, TLR, TTJ, BCAJ, ACAJ, etc.

    Latest Constitution Of ITAT Benches And Cause Lists

    This is the scanned version of the printed Board, signed by the Assistant Registrar, and so it is as reliable as it can get.


    ITAT Bar Association,
    C/o Income Tax Appellate Tribunal,
    Old CGO Building, 4th Floor, Room No. 445 (Library), Maharashi Karve Road, Mumbai 400 020. Tel: (022) 2205 5138, Fax: (022) 2203 6119, E Mail: itatbarassociation@vsnl.com.

    Office Bearers for the year 2015-16: President: Shri. Subash Shetty; Vice Presidents: Smt. Arati Vissanji, Shri. P. J. Pardiwalla; Imm. Past President: Shri. Arun P. Sathe; Hon. Secretaries: Shri Haresh P. Shah & Shri. Nitesh Joshi; Hon. Treasurer: Shri Satish Modi. Advisors: Shri. Arvind H. Dalal, Shri. Y. P. Trivedi, Shri. S. E. Dastur & Dr. K. Shivaram

    Credit: We thank AIFTP for generously allowing us to host a lot of their research material.

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