ITAT

November 24, 2022
jurishour.in

Assets Revalued Credit into capital accounts of partners can be said to be transfer, provisions of section 45(4) of Income Tax Shall Apply: Supreme Court

The Supreme Court held that the assets revalued and credit into capital accounts of the respective partners can be to be transfer and and the provisions […]
November 22, 2022
Delayed, tax, income, jurishour, law,

Delayed payment in respect of employees contribution to PF and ESI is not allowable: ITAT

The Income Tax Appellate Tribunal (ITAT), Cuttack Bench has ruled that the delayed payment in respect of employees contribution to PF and ESI is not allowable. […]
November 18, 2022
income tax

Supreme Court Allows Income Tax Deduction on Manufacturing of Polyurethane Foam

The Supreme Court allowed the Income Tax deduction on manufacturing of Polyurethane Foam. Background  The appellant – assessee is having a manufacturing unit at Pune in […]
November 14, 2022
jurishour

Section 12 AA Registration Can’t Be Cancelled on basis of the Set of Provision of Trust: Jharkhand High Court

The Jharkhand High Court ruled that the registration granted under section 12AA of the Income Tax Act 1961 cannot be cancelled on the basis of the […]