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20/04/2022

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10/06/2020

Hello friend, due to some reason this page was inactive, but now it come to you for providing more comfortable about tax. Here, we are doing E-filing of INCOME TAX, GST, PROFESSIONAL TAX , Affidavit, Agreement and others.
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10/07/2015

M/s Binani Cement Ltd. Versus Commissioner of Income Tax - 2015 (3) TMI 849 - CALCUTTA - Income Tax

Expenditure incurred for preparation of the feasibility study report and capital-work-in-progress disallowed - disallowing the expenditure by ITAT in the earlier years, but written off during the previous year corresponding to the assessment year 2002-03 since the proposed project was abandoned - Held that - The expenditure made for construction/acquisition of new facility subsequently abandoned at the work-inprogress stage was allowable as incurred wholly or exclusively for the purpose of assessment.......

10/07/2015

Smt. Kumudini Agarwal Versus Asst. CIT, CC-33 Mumbai - 2015 (7) TMI 323 - ITAT MUMBAI - Income Tax

Levy of penalty u/s. 271(1)(c) - unexplained jewellery found - whether the saving of Explanation 5 to section 271(1)(c) is attracted in the facts and circumstances of the case, which would prima facie apply inasmuch as the impugned jewellery was found during the course of search? - Held that - The assessee has not been able to; rather, has not even attempted to substantiate her explanation of the jewlery having been gifted on the occasion of weddings in the family, which would in the very least ......

10/07/2015

Commissioner of Income Tax, Versus. Shri Sunil Chand Gupta, - 2015 (7) TMI 352 - ITAT AGRA - Income Tax

Disallowance of expenditure - CIT(A) deleted the addition - Held that - We are not inclined to interfere in very well reasoned finding of the learned CIT(A). As he rightly observed, in the absence of Assessing Officer having pointed out any specific cases of non verifiable expenses or any specific cases where such expenses are not incurred for the purpose of business, the disallowance is indeed unsustainable in law. We approve learned CIT(A) s order on this issue. - Decided in favour of assessee.......

10/07/2015

State Of Haryana & Ors Versus Bharti Teletech Ltd - 2015 (7) TMI 346 - Supreme Court Of India - VAT and Sales Tax

Denial of exemption claim - sales tax exemption - Violation of Rule 28A (11) (a) (i) - failure to maintain, without convincing reasons, the requisite production - non-maintenance of average production after the expiry of the benefit period inasmuch as it had drastically come down to ₹ 9.06 crores from 17.52 crores. - Held that - The concept of exemption has been introduced for development of industrial activity and it is granted for a certain purpose to a unit for certain types of good.......

10/07/2015

Commissioner of Customs, Central Excise And Service Tax, Hyderabad-IV Versus Hyundai Motor India Engineering Pvt Ltd - 2015 (7) TMI 351 - CESTAT BANGALORE - Service Tax

Denial of refund claim - refund of unutilized the accumulated credit available - Notification No. 5/2006-CE N.T dated 1.3.2006 - bar of limitation - Revenue while allowing the refund of only 1 invoice took a view that claim has to be calculated by treating the number of days available in November as the difference between the date of invoice and the last date of the month - Commissioner allowed full refund - Held that - Refund should be limited to 3 days period as done by the original authority .......