Foster’s Australia vs. CIT (Supreme Court)

Related Judgements

1. M/s Ahmed Anis vs. CIT (Supreme Court) 

   Where the assessee had led satisfactory evidence that its business was that of a commission agent and not a trader and 10-11 years had passed, the assessee could not be held responsible for non-appearance of five traders to whom summons … M/s Ahmed Anis vs. CIT (Supreme…

2. K.C.C. Software Ltd vs. DIT (Inv.) (Supreme Court) 

   Cash in bank is conceptually different from cash in hand. It is not permissible for the Revenue to withdraw money from the attached bank accounts. However, as the order u/s 132B was not challenged, no relief given. Directions given for … K.C.C. Software Ltd vs. DIT (Inv.)…

3. Malayala Manorama vs. CIT (Supreme Court) 

   The AO has no jurisdiction u/s 115J of the Act to go behind the Profit & loss account of the assessee and to make adjustments therein beyond what is expressly provided in s. 115J. An assessee is entitled to provide for depreciation in its books at rates which are…

4. CIT vs. Gold Coin Health (Supreme Court – Larger Bench) 

   the amendment to Explanation 4 to s. 271(1)(c), though made with effect from 1st April 2003, should be treated as clarificatory and retrospective.Read more ›

5. State of H.P. vs. Sardara Singh (Supreme Court) 

   Where the High Court summarily dismissed an application without giving any reasons HELD that this manner of dealing left a lot to be desired. It was imperative to record reasons and the failure to do so rendered the order unsustainable. The emphasis on recording reasons is that if the…