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Court Upholds Recruitment Rules of 2015, Dismisses Petition Challenging RFO Seniority List. Petitioners' reliance on superseded 1998 Rules and failure to include all affected parties lead to dismissal; seniority list validated under 2015 Rules.

The petitioners challenged the seniority list based on the Recruitment Rules of 1998, arguing against the application of the Recruitment Rules of 2015...

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Bombay High Court Allows Assessee's Appeal in Income Tax Penalty Case — Penalty Under Section 271(1)(c) Set Aside as Surrender of Income Was to Buy Peace, Not Concealment. Stock Difference Detected During Survey Was Not Deliberately Concealed and Related to Earlier Assessment Year.

The appellant-assessee, a partnership firm running a bar and restaurant, was subjected to a survey under Section 133A of the Income Tax Act, 1961 on 1...

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Supreme Court Dismisses Revenue's Appeal in Income Tax Assessment Nullity Case Due to Amalgamation. Assessment in Name of Non-Existent Entity Held Void Despite Participation by Successor Company.

The Supreme Court dismissed the appeal filed by the Revenue against the judgment of the Delhi High Court which had upheld the Income Tax Appellate Tri...