Search Results for "Section 38(3)"

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High Court of Karnataka considers power of Income Tax Appellate Tribunal to direct fresh enquiry under Section 254 of Income Tax Act, 1961 in a buy-back taxation case. The court formulates the substantial question of law regarding suo motu directions leading to potential enhancement of tax liability.

The appeal before the High Court of Karnataka arose from an order of the Income Tax Appellate Tribunal (ITAT) concerning the tax treatment of a buy-ba...

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Bombay High Court Allows Employee's Claim for Promotional Benefits Despite Delay in Tribe Certificate Validation. Clause (d) of Administrative Circular restricting benefits to date of production of validation certificate held ultra vires Articles 14, 16 and 39A of the Constitution.

The petitioner, an employee of the Maharashtra State Electricity Distribution Company Limited (the Company), belonged to a Scheduled Tribe. Throughout...