INCOME TAX : Assessee has no right to choose his AO; Order u/s 127 for transfer of a case from AO to another is more an administrative order that a…
INCOME TAX: Where affidavit filed by assessee-trust before Tribunal revealed that assessee challenged method of accounting changed by revenue, submission advanced on behalf of assessee was required to be dealt…
INCOME TAX : Where assessee, a franchise of 'Domino's Pizza' and 'Dunkin Donuts', had take on lease bare shell premises of various entities and made extensive modifications in premises, considering…
EXCISE/ST/VAT : Appellant was neither related to import of goods nor any sale of goods and also nor concerned with payment against those goods, therefore, appellant not "Intermediary"EXCISE/ST/VAT : Appellant…
COMPANY LAW/SEBI : Where appellant-compliance officer of company did not intimate about transaction of sale of shares done by employee of company within two working days as stipulated under Prohibition…
EXCISE/ST/VAT : As no time limit prescribed for permitting amendment of shipping bills under section 149 of Customs Act, 1962, Department cannot rely upon circular to deny amendment on ground…
RBI has announced the increase in the policy repo rate under the liquidity adjustment facility (LAF) to 4.40 per cent with an immediate effect. Earlier the prescribed repo rate was…
INCOME TAX : Where assessee trust, formed with an objective of generating and propagating innovative ideas on housing, undertook construction activities and took funds for same and said activity became…
Issue of notice under Section 148 of Income Tax Act, 1961 (for brevity ‘ITA’) after 31.03.2021 under old provisions has created lot of litigation at various High Courts and currently…
INCOME TAX : Where assessee is involved in production and exhibition of tele-serials, expenditure incurred for production of tele-serials cannot be considered as capital in nature, because it does not…