Showing : 1-10 of 221 Results

SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1995, Section 2(35)- - Principal Officer - Service of Court's notice on Chartered Accountant admittedly being Power of Attorney Holder of Applicant/company who acts as its agent, is due service, as he is principal officer of Company...........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 143-- Return of income - Change of address - Assessee required to get PAN database updated in case of change of address...........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 143(2)-- Notice u/s 143(2) of the Act - Once notice is sent within period prescribed as per S.143(2) Proviso of the Act, actual service of notice upon assessee thereafter is immaterial...........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 143(2)-- Notice u/s 143(2) of the Act - Non-service of notice - Notice was sent by Assessing Officer to the assessee's address as mentioned in PAN database - However, case of assessee is that notice not served, as assessee changed its name and address and intimation of the same given to Assessing Officer..........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 143(2), 292BB-- Notice u/s 143(2) of the Act - If assesses participated in proceedings, notice would be deemed to be valid, even if there be infractions assailed in S.292-BB of the Act - For S.292-BB of the Act to apply notice must have emanated from department - It is only infirmities in the manner of service of..........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 143(2), 292BB-- Notice u/s 143(2) of the Act - No notice u/s 143(2) of the Act ever issued by Department - Entire proceedings would be invalid...........
KARNATAKA HIGH COURT
Year of decision: 2019
Details
Negotiable Instruments Act, 1881, Section 138-- Dishonour of cheque - Loan transaction - Accused and complainant known to each other and accused borrowed loan of Rs.1 lakh from complainant - Complainant is income tax assessee - However, no document forthcoming from side of complainant to show that he had source of income and capacity to lend..........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 35AC(7)-- Deduction - Amount of donation - S.35-AC(7) of the Act is prospective in its operation which disallow deductions on and after 1-4-2018 - All assesses were rightly allowed to claim deduction of amount paid by them to eligible projects from their total income during two financial years i.e 2015-2016..........
SUPREME COURT OF INDIA
Year of decision: 2019
Details
Income Tax Act, 1961, Section 260A(3)-- Appeal - Non-framing of substantial question of law by High Court as mandatorily required u/s 260-A(3) of the Act - High Court not decided the appeal in accordance with law - Impugned order of High Court set aside - Matter remanded to High Court for fresh hearing on merits...........
TRIPURA HIGH COURT
Year of decision: 2019
Details
Negotiable Instruments Act, 1881, Section 138-- Dishonour of cheque - Plea that loan not advanced through account payee cheque and thus violated the provision of S.269-SS of Income Tax Act - Advancing loan not in consonance with the provision of S.269-SS of Income Tax Act will not make the proceedings u/s 138 of the Act bad in law...........

Showing : 1-10 of 221 Results