Assessee cannot be asked to reverse input tax credit due to non-payment of taxes by the selling dealers Sri Lakshmi Textiles Vs. the Commis...
Showing posts with label Recent Judgements. Show all posts
Showing posts with label Recent Judgements. Show all posts
Important Circulars on Black Money
CBDT’s Explanatory Circular On The Provisions Of The Black Money Act, 2015 The CBDT has issued Circular No. 12 of 2015 dated 02.07....
CIT vs. Mahagun Technologies Pvt. Ltd (ITAT Delhi)
S. 271D: Section 269SS does not apply to non-monetary book entry transactions of loans and advances Section 269SS indicates that it a...
KPC Medical College & Hospital vs. DCIT (ITAT Kolkata)
S. 271(1)(c): Law on levy of penalty in a case where satisfaction is recorded in s. 153C/153D assessments by AO who is common to the searc...
P.M.S Diesels vs. CIT (P&H High Court)
S. 40(a)(ia): Argument that the disallowance for want of TDS can be made only for amounts "payable" as of 31st March and not f...
CBDT Orders For Promotion Of CCsIT & DGsIT To Pr. CCIT & Posting Orders
The CBDT has vide Order No. 90 of 2015 dated 30.06.2015 ordered the promotion of several officers in the grade of Chief Commissioner / Dir...
