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Bombay High Court Considers GST Liability on Royalty Payments to Court Receiver in Commercial Property Dispute. The Court Examines Whether Payments to a Court Receiver Under Order XL CPC Constitute Taxable Supply Under the CGST Act, 2017 and Whether GST Should be Discharged via Reverse Charge Mechanism.

The Bombay High Court, in a Court Receiver's Report arising from a commercial suit for recovery of possession of three shops used as a restaurant, exa...

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Supreme Court Upholds Constitutional Validity of Section 43B(f) of Income Tax Act — Leave Encashment Deduction Allowed Only on Actual Payment. Clause (f) is not arbitrary or violative of Article 14 as it serves a legitimate purpose of preventing abuse and ensuring employee welfare.

The Supreme Court in this appeal considered the constitutional validity of clause (f) of Section 43B of the Income Tax Act, 1961, which was inserted b...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Revision Case — Tribunal's Order Not Erroneous or Prejudicial to Revenue. Transfer of Shares for Debt Settlement and Lease Premium Income Treated as Capital Receipts, Not Revenue.

The appeal by the revenue under Section 260A of the Income Tax Act, 1961 challenged the order of the Income Tax Appellate Tribunal (Tribunal) dated 21...

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Madras High Court Allows Appeals of Shareholders in Capital Receipt Case — One Million Euros Received from Vedior NV Held Exempt as Capital Receipt. Compensation for Loss of Right of First Refusal and Non-Compete Agreement Treated as Capital Receipt Not Chargeable to Tax Under Income Tax Act, 1961.

The case involves two appeals by shareholders (K. Pandiarajan and R. Hemalatha) against the order of the Income Tax Appellate Tribunal (ITAT) which up...

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Bombay High Court Allows Revenue's Appeal in Section 50C Valuation Dispute, Remands Case for Fresh Adjudication. ITAT's Rejection of Valuation Officer's Report without Hearing Violated Audi Alteram Partem Under Income Tax Act.

The dispute arose from an income tax appeal filed by the Revenue against an order of the Income Tax Appellate Tribunal (ITAT) dated 3 July 2009. The a...

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Bombay High Court Enhances Compensation for Motor Accident Victim with Amputated Hand - Tribunal's Assessment of Disability and Income Revised Upward. Functional disability assessed at 100% for a motor mechanic whose left hand was amputated, with 40% future prospects added under Motor Vehicles Act, 1988.

The appellant, Randhir Rambrij Sharma, a motor mechanic aged about 35 years, sustained severe injuries in a motor vehicle accident on 25 April 2000 wh...

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Bombay High Court Allows Appeal and Enhances Compensation for Minor Injured in Motor Accident — Permanent Disability Assessed at 70% with Multiplier of 18. The court held that the Tribunal erred in assessing disability at 30% and applied correct multiplier and future prospects as per law.

The appellant, Ketaki Milind Kulkarni, a minor aged 8 years at the time of the accident, filed a claim petition under the Motor Vehicles Act, 1988, se...

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Bombay High Court Allows Petition of Solicitor Firm in Income Tax E-Filing Dispute — Return Held Valid Despite Non-Receipt of ITRV Form by CPC. Assessee Complied with Department's Instructions to Send ITRV by Ordinary Post and Had Certificate of Posting; Department Cannot Treat Return as Invalid.

The petitioner, M/s. Crawford Bayley & Co., a firm of solicitors, filed a writ petition challenging a communication dated 21 March 2011 from the Incom...