Calcutta HC reverses ITAT order, holds that remuneration received by assessee-individual (a non-resident individual, working as marine engineer in foreign waters) in his NRE account in India, not taxable for
Gujarat HC allows assessee’s petition challenging action of Income-tax Department not permitting assessee to correct error in PAN ( mistake in 5 characters of PAN) of one of the deductees
Delhi HC reverses ITAT order for AY 1995-96 and rules in favour of the Revenue, holds that amount received by assessee (running a manufacturing unit in a specified backward area) by
Bangalore ITAT dismisses assessee’s (partnership firm engaged in the business of manufacture and sale of herbal pharmaceutical products) preliminary ground for quashing final assessment order passed beyond the time limit
Delhi HC reverses ITAT order and rules in favour of Revenue, royalty payment made by ITC Ltd. (‘assessee’) to the Airport Authority of India (‘AAI’) for use of lounge premises,
Gujarat HC rejects assessee’s stand that before amendment w.e.f. June 1, 2005, Sec. 200A did not authorize AO to make adjustment towards levy of fees u/s 234E; Perusing the relevant
Delhi ITAT Special Bench (‘SB’) rules in favour of taxpayer-assessee (a finance and investment company) for AY 2008-09, holds that expenditure incurred to earn exempt income determined u/s. 14A cannot
Madras HC allows writ appeal filed by Revenue to uphold action u/s. 281, sets-aside writ court’s order allowing petitioner’s (land purchaser) writ and lifting the attachment on immovable property; Petitioner
Jaipur ITAT rules against a co-operative Bank (assessee, who was eligible for Sec. 80P exemption prior to subject AY 2007-08), upholds addition u/s. 41(1) with respect to transfer to Reserve
