Taxcharcha
Income TaxRecent Case Laws

It is irrelevant whether the assessee is a public sector undertaking. Unless specifically provided under law or intended by necessary implication under specific provisions of law, or held in binding judicial precedents; a public sector undertaking cannot legitimately claim a preferential treatment in determination of its tax liabilities.- ITAT Delhi

M/S ADMACH AUTO LIMITED, ITA NO. 9543/DEL/2019

 

 

 

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/ITAT-Delhi-23.03_03.odt” comments=”true” SVG=”true”]

Related posts

That the disallowance u/s 14A read with Rule 8D cannot exceed the actual exempt income received by the assessee during the year. We, therefore, set aside the order of the CIT(A) and direct the Assessing Officer – ITAT Delhi

Team Taxcharcha

GST entry error in GST TRAN -1 deprieved company from claiming credit of approx Rs. 9.75 crs, the petitioner seeks direction to correct the bonafide error – HC Karnataka

Team Taxcharcha

Excise & Customs : Exemption notifications should be interpreted strictly, assessee cannot take benefit of ambiguity in exemption notification – SC

Team Taxcharcha