High Court Supremacy over coordinate benches – different views different jurisdictions
With reference to claim for set-off of long term capital loss pertaining to the STT paid transfer of equity shares…
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Today's
Wrong reopening ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Amendment restricting exemption
In the decision reported in (2020], 16 ITR-OL 25 (Kar) question arose whether exemption u/s 54F would be available for…
......Read MoreDefect in notice -a mixed question of fact and law
In (2020] 16 ITR-OL 3 (Mad) the counsel of the assessee for the first time before the High Court stated…
......Read MoreConflict between test of commercial expediency and test of business compulsion
The Cuttack in 20 ITR (Trib)-OL 1 raised the question on the business compulsion of the assessee for incurring an…
......Read MoreUncontroverted and protected right to appeal and to file application for stay of demand
Vide Dwarka Minerals & Chemicals (P.) Ltd. v. CCE(A) [1997] 93 ELT 330 (Punj. & Har.) where the appellate authority…
......Read MoreDELAY AND LACHES IN SCRUTINY PROCEEDINGS
In carrying out the indepth scrutiny and run through of the sequence of dates and events of the scrutiny proceedings…
......Read MoreOn Jurisdiction and powers of Tribunal
The jurisdiction of the Tribunal in issuing certain directions while remanding the matter to the Assessing Officer are held as…
......Read MoreOmission in tax audit report
Tax audit report is an annexure to the return of income so that if there is any omission to furnish…
......Read MoreNew claim new possibilities
The Madras High Court in 16ITR-OL 1 held that appellate authorities like CIT (A) and ITAT are bound under the…
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