Search Results for "taxable income"

522 result(s) found

Scroll Down To Discover

Found 522 result(s)

© Image Copyrights Juris Services & Technology

High Court Quashes Penalty on Company Officials Under CGST Act Due to Lack of Personal Liability Evidence and Procedural Flaws. Petitioners Challenge Penalty Order for Fake Input Tax Credit Allegations

The petitioners, employees of M/s. Shemaroo Entertainment Limited, filed a writ petition challenging an order-in-original dated 1 February 2025 that i...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Department's Appeal in Permanent Establishment Tax Dispute Under India-Korea DTAA. Court Upholds ITAT's Finding of Permanent Establishment but Remands Profit Attribution for Fresh Assessment Due to Insufficient Material.

The dispute arose from the taxability of income attributable to a permanent establishment set up in India by Samsung Heavy Industries Co. Ltd., a Sout...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Revenue's Appeal in Income Tax Case — Upholds Addition Under Section 68 for Unexplained Share Capital. Assessee Failed to Prove Identity, Creditworthiness, and Genuineness of Investor Companies Despite Receiving Share Premium at Rs. 190 per Share.

The present appeal arises from a judgment of the Delhi High Court in an income tax appeal concerning the assessment year 2009-10. The respondent-asses...

© Image Copyrights Juris Services & Technology

High Court of Bombay at Goa Enhances Compensation in Motor Accident Claim for Fracture and Dislocation of Hip. Claimant awarded additional Rs. 1,24,522/- for medical expenses, loss of income, pain and suffering, and future treatment.

The appellant, Ramdas Verlekar, filed a claim petition before the Motor Accident Claims Tribunal, South Goa, Margao, seeking compensation of Rs. 6,91,...

© Image Copyrights Juris Services & Technology

Supreme Court Interprets 'Filed' in ITO Order as Termination of Proceedings Under Section 34 of Income-tax Act, 1922. The Order That a Case is 'Filed' Disposes of the Proceeding, Rendering Fresh Notice for Reassessment Valid.

The case arose from reassessment proceedings under the Income-tax Act, 1922. The Additional Income-tax Officer issued a notice under Section 34 and, a...