Taxcharcha
Income TaxRecent Case Laws

When an amount is paid as Dharmada along with the sale price of goods, such payment is not made in consideration of the transfer of goods. Such payment is meant for charity and is received and held in trust by the seller – SC

BHARTI AIRTEL LIMITED W.P.(C) 6345/2018, CM APPL. 45505/2019

 

 

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/04/Supreme-Court-Civil-Appeal-No.-5282-of-2005.odt” comments=”true” SVG=”true”]

 

To Download order, Supreme Court Civil Appeal No. 5282 of 2005

Related posts

Service of notice upon a dead person under section 142(1) would not authorise him to assume jurisdiction to pass assessment order on the Legal Representatives – ITAT Ahemdabad

Team Taxcharcha

When the assessee company stands dissolved as defunct company u/s 560(5) of the Companies Act, 1956 (section 248(2) of the Companies Act, 2013) that doesn’t mean that income tax proceedings and appeals become infructuous. – Supreme Court of India

Team Taxcharcha

The Reopening of assessment is an entirely independent and vastly different jurisdiction and cannot be confused with the revisional powers of the higher authority – Bombay High Court

Team Taxcharcha