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Latest Supreme Court Verdicts

  1. ITO vs. Urban Improvement Trust (Supreme Court) The High Court based its decision on the fact that functions carried out by the assessee are statutory functions and it is carrying on the functions for the benefit of the State Government for urban d .....

  2. CIT vs. Hapur Pilkhuwa Development Authority (Supreme Court) First of all this petition has been filed after a delay of 596 days. There is an inadequate and unconvincing explanation given for the delay in filing the petition. Secondly, it is mentioned in the pr .....

  3. CIT vs. Classic Binding Industries (Supreme Court) As pointed out above, once the assessees had started claiming deduction under Section 80-IC and the initial Assessment Year has commenced within the aforesaid period of 10 years, there cannot be anoth .....

Latest High Court Verdicts

  1. TLG India Private Limited vs. JCIT (Bombay High Court) While we allow withdrawal of these certificates and impugned in this Writ Petition with liberty to issue fresh certificates in accordance with law, we clarify that no functionary other than the office .....

  2. Surendra Kumar Jain vs. PCIT (Delhi High Court) The next question is whether the non-obstante clause under Section 153 of the Act, which prescribes a specific period of limitation to complete a search assessment for the block period concerned, coul .....

  3. Arun Arya Vs. ITO (J&K High Court) When a calculating tax dodger finds it a profitable proposition to carry on evading taxes over the years, if the only risk to which he is exposed is a monetary penalty in the year in which he happens .....

Latest ITAT Verdicts

  1. ITO vs. Iraisaa Hotels Pvt. Ltd (ITAT Mumbai) After the passing of the order of the Tribunal the Department has come forward with the final order of the SEBI by stating that, though, it was available at the time of hearing of appeal but it could .....

  2. Sudhir Menon vs. ACIT (ITAT Mumbai) In view of consistent view of jurisdictional High Court and Delhi High Court, in the absence of pending return of income, the provisions of section 143(2) of the Act is clear that notice can be issued .....

  3. Sunshine Metals & Alloys vs. ITO (ITAT Mumbai) The assessee has furnished the Name, Address, PAN no and Share Application Form to prove that the shares were allotted to the applicants. The assessee has also furnished its bank statement to show tha .....

Latest Useful Information

  1. ITAT Makes History – 7 Members Appointed Vice Presidents Together The Appointments Committee of the Cabinet (ACC) has approved the appointments of seven Members (Judicial/ Accountant) of the ITAT to the posts of Vice-President In the ITAT in level 16 of the Matrix w .....

  2. Chief Justice Of India Bans Judges From Taking Leave On Workdays Hon’ble Chief Justice of India Ranjan Gogoi has indicated a touch stance towards the practice of judges taking frequent leave from work. He has announced a new “no leave” formula for ju .....

  3. Bombay High Court To Get New Chief Justice Soon The Supreme Court Collegium has recommended that Mr. Justice N.H. Patil, the senior-most Judge from Bombay High Court, who is at present functioning as Acting Chief Justice of that High Court, be appo .....

Latest Articles By Legal Luminaries

  1. ITAT Makes History – 7 Members Appointed Vice Presidents Together The Appointments Committee of the Cabinet (ACC) has approved the appointments of seven Members (Judicial/ Accountant) of the ITAT to the posts of Vice-President In the ITAT in level 16 of the Matrix w .....

  2. Chief Justice Of India Bans Judges From Taking Leave On Workdays Hon’ble Chief Justice of India Ranjan Gogoi has indicated a touch stance towards the practice of judges taking frequent leave from work. He has announced a new “no leave” formula for ju .....

  3. Bombay High Court To Get New Chief Justice Soon The Supreme Court Collegium has recommended that Mr. Justice N.H. Patil, the senior-most Judge from Bombay High Court, who is at present functioning as Acting Chief Justice of that High Court, be appo .....

Latest Blog Posts

  1. Forget ‘Ease Of Doing Business’: It Will Take At Least 23 Years To Settle Your Tax Dispute! Dr. K. Shivaram, Sr. Advocate, has expressed shock that the Government’s promises of ushering in ‘ease of doing business’ is proving to be nothing more than empty rhetoric .....

  2. Dear ITAT Admin, Wake Up & Shake Off Your Apathy Dr. K. Shivaram, Senior Advocate, is distraught at the blatant disregard by the Government towards the welfare of the ITAT. He has revealed shocking facts about how the Govt has acted in defiance to t .....

  3. Independence Of ITAT Is Under Threat. We Have To Save It: Tax Lawyer Dr. K. Shivaram, Senior Advocate, has referred to a number of recent incidents which show that the ITAT is no longer as independent as it used to be in the past. He warns that if the ITAT loses its in .....

Latest Forum Discussions

  1. Department successfully invokes GAAR in merger proccedings before NCLT In case of Ajanta Pharma Ltd the NCLT has rejected a Scheme of Merger relying, among other things, on the Incxome-Tax Department's claim that GAAR was applicable. Please find a comprehensive anal .....

  2. IDS 2016 and Double taxation - s.148 M/s. M R Shah logistrics  Guj HC  SCA 21028/2017  Dt. 14/08/18

    Held that reopening in company not maintainable for amount accepted in IDS 2016 in case of share applicant.
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