by Administrator | May 19, 2016 | Case Brief, Taxation Laws
Court observed that ‘if component of increase in rates of petroleum ceases to exist, no benefit can be favoured under provision to Section 2(1) (zd) of Delhi VAT Act, 2004 Civil Appeal No. 5103 of 2016 Bench: Chief Justice of India T. S. Thakur; Justice Uday Umesh...
by Administrator | May 13, 2016 | Case Brief, Taxation Laws
‘Tips’ paid to the employees in Hotels, cannot be taken section 15 (b) of the Income- Tax Act for tax purpose Civil Appeal Nos. 4435-37 of 2016 Bench: Justice Kurian Joseph; Justice R. F. Nariman Case Brief: The present appeals are brought against the common judgement...
by Administrator | May 11, 2016 | Case Brief, Taxation Laws
Apex Court considered computation of limitation under section 158BE(2) of IT Act from final search date, as assessee never challenged the same Civil Appeal No. 2667 of 2007 Bench: Justice A. K. Sikri; Justice Rohinton Fali Nariman Case Brief: In the facts of the case,...
by Administrator | May 2, 2016 | Buy Law Books, Law Books, Taxation Laws
The financial structure of every country is required to be much stable and strong so as to strengthen the Nation and its status in the world, economy. In India, as there is a federal structure in the system, both the states and the Union formulates its budget for the...
by Administrator | Apr 27, 2016 | Case Brief, Taxation Laws
Transaction Charges which the Member of Stock Exchange pays to it are towards ‘facilities’ provided by it, thus no TDS deductible Civil Appeal No. 3141 of 2016 Bench: Justice Ranjan Gogoi; Justice Prafulla C. Pant Case Brief: The present appeal is brought out of the...
by Administrator | Mar 6, 2016 | Case Brief, Taxation Laws
Sales Tax: Extension of period of Assessment order under the provisions Section 11(10) of the Punjab General Sales Tax Act, 1948 Civil Appeal Nos. 2506-2511 of 2016 Bench: Chief Justice of India, T. S. Thakur; Justice A. K. Sikri; Justice R. Banumathi Case Brief: In...
