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Rulings

Jul 19,2018  

SC dismisses assessee-company’s SLP against Allahabad HC judgement upholding addition u/s 68 with respect to share capital subscription as assessee failed to establish identity and genuineness of the investors; Noting

Jul 18,2018  

Bombay HC reverses ITAT order for AY 1997-98, allows assessee-manufacturer’s claim of double deduction under Sections 80IA and 80HHC in respect of its two new factories;  During relevant AY, assessee

Jul 21,2018  

Delhi ITAT allows Sec 11 benefit to Indian Olympic Association for AY 2011-12, holds that sponsorship contract for 2010 Asian Games and Youth Olympic Games does not constitute activity in

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Protocol amending India-Armenia DTAA amends EOI Article

Government of India notifies protocol amending DTAA with Armenia, which was entered into force on June 14, 2017; The Protocol

Jul 12,2018

Taxsutra Eye Share: MasterCard Ruling- A Substantialist Approach

Taxsutra Eye Share: MasterCard Ruling- A Substantialist Approach

Jul 11,2018

NCLT rules in Tata Sons' favour; Cyrus Mistry's conduct doesn't augur well for company's functioning

NCLT rules in favour of Tata Sons, holds that Board of Directors is competent to dismiss Executive Chairman; Remarks that

Jul 09,2018

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Litigation Tracker

Jul 20,2018  

SC to decide on NDTV's (assessee) SLP against Delhi HC order upholding re-opening of assessment for AY 2008-09;  HC had

Jul 16,2018  

SC issues notice to assessee upon SLP filed by Revenue challenging Himachal Pradesh HC judgment; HC had ruled in favour

Jul 12,2018  

SC admits Revenue’s SLP against Gujarat HC judgement in case of an infrastructure company involved in setting up an industrial

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