Home

Rulings

Nov 29,2017

Bombay HC upholds ITAT order, rules that compensation received by 2 Parle Group companies (‘assessees’) in AY 1998-99 for breach of Right of First Refusal (‘ROFR’) granted by Coca Cola USA

Nov 28,2017

Delhi HC denies deduction to assessee (an Indian Arm of the GKN group based in Germany and engaged in manufacture and sale of axle assembly for vehicles) with respect to

Nov 28,2017

Kerala HC reverses ITAT order for AY 2008-09, grants Sec.80-IA benefit to assessee-company, rules that fulfilling any one of the conditions contained in clauses (a), (b) and (c) of Sec. 80-IA(4)(iv) is

Nov 28,2017

Uttarakhand HC denies Sec. 80-IC deduction to assessee-undertaking (engaged in manufacturing electric meters) during AY 2009-10 with respect to interest earned on fixed deposit with bank, rules that Sec.80-IC benefit

Nov 27,2017

Mumbai ITAT deletes capital gains addition u/s. 45(4) in the hands of assessee-firm (engaged in real-estate development) upon making payment to retiring partners on account of settlement of their accounts

Nov 27,2017

SC division bench of Justice Sanjay Kishan Kaul & Justice Rohinton Nariman departs from recent co-ordinate bench ruling in Gemini Distilleries,  dismisses Revenue's appeal to hold that CBDT Instruction 3/2011

Nov 24,2017

SC dismisses Revenue’s appeal and upholds Delhi & Calcutta HC rulings, rules that assessee is entitled to claim deduction u/s. 43B in respect of the excise duty paid in advance in the

Nov 24,2017

Chandigarh ITAT partly allows assessee’s (a State Infrastructure development company) appeal challenging addition on account of unclaimed refund of application money for allotment of plots during  AY 2005-06, directs AO

Nov 23,2017

Mumbai ITAT allows assessee’s (a leasing and investment company) claim of short-term capital loss for AY 1992-93, rejects application of Sec. 94(4) to assessee’s transaction of purchase and sale of

Pages

Top