1497 9 july_2016
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This document provides a summary of recent legal landmarks from various courts and tribunals in India: 1. The Delhi ITAT held that sums received without consideration by an AOP could not be included as other source income under section 56(2)(vi). 2. The Hyderabad ITAT held that companies rendering different services or with different profit margins could not be accepted as comparable companies for transfer pricing purposes. 3. The Chennai ITAT held that advance money forfeited by a builder to acquire land for construction was a revenue loss deductible under section 37 as the land was acquired as stock-in-trade.
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1. The levy of penalty where the assessee voluntarily surrendered long term capital gains prior to a section 148 notice.
2. Whether a section 14A disallowance can be made without determining the purpose of an investment generating exempt income.
3. Whether cash received by retiring partners represented capital gains or income.
4. Whether the deletion of an income addition on pure findings of fact raises a substantial question of law.
5. Whether an appeal order should wait for the disposal of a pending SLP on the same question of law.
800 11 july_2014
The document summarizes recent legal landmarks from various High Courts and Income Tax Appellate Tribunals (ITAT) related to taxation. It lists 6 cases covering topics such as:
1) Allowing a deduction for outsourcing production under section 35DDA of the Income Tax Act.
2) Disallowing interest deductions paid to a holding company as an attempt to divert income.
3) Violating sections 269T and 271E by transferring a loan to a spouse through a journal entry.
4) Income tax dues not being recoverable from sums credited to a Provident Fund account.
5) The Assessing Officer not being able to exercise coercive measures during the period for filing an appeal
1524 10 aug_2016
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 cases covering topics like treatment of employer contributions under section 43B, consideration received for sale of computer software not being royalty, writ petitions needing to explain delays, AMP expenses not being an international transaction, usage of a second house as an office not denying section 54F relief, and rent receipts being taxable as business profits if letting out is the business of the assessee. Each case provides the authority, sections/rules discussed, ratio of the case, citation and subject matter.
789 28 june_2014
The document provides a summary of recent legal landmarks across various high courts and appellate tribunals in India. It includes 6 cases covering topics such as:
1. Withdrawing an appeal on a particular issue before the tribunal is treated as no appeal on that ground.
2. A delay of 373 days in filing an appeal due to gross negligence was not accepted.
3. Payment to a group company for use of an intranet facility was considered royalty income.
4. Benefit of a tax exemption section should be extended to the entire land compensation amount awarded by courts, not just the lower amount set by acquisition officers.
5. Question of fair market value of property converted to stock is
794 4 july_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It includes 6 cases covering topics like transfer pricing, deductions under various sections of the Income Tax Act, revision of book profits, tax deducted at source, and professional misconduct of chartered accountants. Each case provides the authority, relevant section/rule, ratio or key consideration from the ruling, citation details, and name of the assessed party.
776 13 june_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India:
1. The Mumbai ITAT ruled that a creditor's liability ceases to exist if they have not demanded payment for over 10 years, citing the case of Asht Laxmi Diamond & Jewellery.
2. The Karnataka HC ruled that expenses incurred under a terminated contract where no payment was received can be claimed as a business expenditure, citing the case of Asia Power Projects (P.) Ltd.
3. The Kolkata HC ruled that reasons given for reopening a tax case cannot be later amended through an affidavit, citing the case of Asiatic Oxygen Limited.
783 21 june_2014
This document provides a summary of recent legal landmarks across various authorities and cases. It lists 6 cases with details of the authority, sections/rules considered, ratio or key consideration of the case, citation, and name of the assessee. Case 1 discusses whether usance charges paid to a non-resident would be considered interest income. Case 2 considers whether gifts distributed by a company with its stamp would allow deduction of related expenses. Case 3 examines whether capital gains can be taxed based solely on a development agreement.
1494 6 july_2016
1. A surveying authority that never required a taxpayer to provide weighment facilities could not allege excess stock.
2. A deduction claimed in a belated return was allowable where the assessment was pending adjudication.
3. An exemption from tax payments could not be granted to a political party that was unable to maintain accounts or satisfy the conditions of section 13A of the Income Tax Act.
1493 5 july_2016
This document provides a summary of recent legal landmarks across various tax authorities in India. It lists 6 cases covering topics like the tax treatment of wheeling charges, eligibility for deductions under section 80-I, the taxability of income from carbon credits, condonation of delay in filing an appeal, determining the most appropriate transfer pricing method, and selection of comparable companies for transfer pricing studies. For each case, it provides the authority, relevant section/rules, ratio of the ruling, and case name.
1492 4 july_2016
This document provides a summary of recent legal landmarks across various authorities and cases. It lists 6 cases with details including the authority, section/rules discussed, ratios or principles established, and case names. The cases cover topics like securities transaction tax not being applicable to stock exchanges, penalty not being leviable due to mistakes in online tax return filing, appellate orders needing to consider precedents to avoid breaching natural justice, hotel income being eligible for business deductions, and securities needing to be treated consistently as investments or not business income year over year.
779 17 june_2014
This document lists recent legal landmarks from various courts in India. It summarizes 6 cases covering topics like agricultural income exemption, reassessment of completed assessments, accrual of retention amounts, tax treatment of interest income, objections to valuations for stamp duty, and order of credits and charges for minimum alternate tax. Each entry provides the authority, section/rule discussed, ratio or key consideration from the case, and citation details.
847 4 sep_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases with details of the authority, section/rules of the Indian Income Tax Act involved, key ratio decided, case name and citation. The cases relate to topics such as interest income earned by cooperative societies being deductible, interest income of finance companies being taxable as business income, interest on non-performing assets not being taxable, appropriate benchmark for interest on loans to foreign affiliates, interest paid after business operations not being capitalized, and internal transactional net margin method not being rejected solely due to insignificant non-affiliate transactions.
727 16 april_2014
This document provides a summary of recent legal landmarks across various authorities and courts in India. It lists 6 cases with details of the authority, section/rules of relevant law, ratio or key consideration of the court, case citation, and name of assessee. Some of the key rulings summarized include disallowing the use of a comparable company for transfer pricing without furnishing related information, treating income declared in a belated return after search as not undisclosed to the extent of advance tax paid, and upholding an addition under section 69B where an assessee admitted to unexplained stock during a survey.
844 1 sep_2014
This document provides a summary of recent legal landmarks related to taxation in India. It lists 6 cases with details of the authority, section/rules discussed, ratio or key consideration, and case name. Some of the cases covered include:
1) A Mumbai tribunal case allowing depreciation on a revalued asset to be transferred to a successor as it was previously allowed to the predecessor.
2) A Gujarat High Court case finding that a director is not liable for unpaid company taxes if the non-recovery is not due to gross negligence of the director.
3) A Delhi High Court case treating disclosure of bank accounts prior to a search as not an admission of undisclosed income.
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一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
Lincoln硕士毕业证成绩单【微信95270640】办理新西兰林肯大学毕业证原版一模一样、Lincoln毕业证制作【Q微信95270640】《新西兰林肯大学毕业证购买流程》《Lincoln成绩单制作》新西兰林肯大学毕业证书Lincoln毕业证文凭新西兰林肯大学
本科毕业证书,学历学位认证如何办理【留学国外学位学历认证、毕业证、成绩单、大学Offer、雅思托福代考、语言证书、学生卡、高仿教育部认证等一切高仿或者真实可查认证服务】代办国外（海外）英国、加拿大、美国、新西兰、澳大利亚、新西兰等国外各大学毕业证、文凭学历证书、成绩单、学历学位认证真实可查。
[留学文凭学历认证(留信认证使馆认证)新西兰林肯大学毕业证成绩单毕业证证书大学Offer请假条成绩单语言证书国际回国人员证明高仿教育部认证申请学校等一切高仿或者真实可查认证服务。
多年留学服务公司,拥有海外样板无数能完美1:1还原海外各国大学degreeDiplomaTranscripts等毕业材料。海外大学毕业材料都有哪些工艺呢？工艺难度主要由：烫金.钢印.底纹.水印.防伪光标.热敏防伪等等组成。而且我们每天都在更新海外文凭的样板以求所有同学都能享受到完美的品质服务。
国外毕业证学位证成绩单办理方法：
1客户提供办理新西兰林肯大学新西兰林肯大学毕业证学位证信息：姓名生日专业学位毕业时间等（如信息不确定可以咨询顾问：我们有专业老师帮你查询）；
2开始安排制作毕业证成绩单电子图；
3毕业证成绩单电子版做好以后发送给您确认；
4毕业证成绩单电子版您确认信息无误之后安排制作成品；
5成品做好拍照或者视频给您确认；
6快递给客户（国内顺丰国外DHLUPS等快读邮寄）
— — — — 我们是挂科和未毕业同学们的福音我们是实体公司精益求精的工艺！ — — — -
一真实留信认证的作用(私企外企荣誉的见证):
1：该专业认证可证明留学生真实留学身份同时对留学生所学专业等级给予评定。
2：国家专业人才认证中心颁发入库证书这个入网证书并且可以归档到地方。
3：凡是获得留信网入网的信息将会逐步更新到个人身份内将在公安部网内查询个人身份证信息后同步读取人才网入库信息。
4：个人职称评审加20分个人信誉贷款加10分。
5：在国家人才网主办的全国网络招聘大会中纳入资料供国家500强等高端企业选择人才。问山娃想买什么想吃什么山娃知道父亲赚钱很辛苦除了书籍和文具山娃啥也不要能牵着父亲的手满城闲逛他已心满意足了父亲连挑了三套童装叫山娃试穿山娃有点不想父亲说城里不比乡下要穿得漂漂亮亮爸怎么不穿得漂亮望着父亲山娃反问道父亲听了并不回答只是吃吃地笑山娃很精神越逛越起劲父亲却越逛越疲倦望着父亲呵欠连天的样子山娃也说困了累了回家吧小屋闷罐一般头顶上的三叶扇彻夜呜呜作响搅得满屋热气腾腾也搅得山娃心烦意乱父亲一的
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本公司拥有海外各大学样板无数，能完美还原。
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【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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Receivership and liquidation Accounts Prof. Oyedokun.pptx
1497 9 july_2016
- 1. VOLUME NO.: LLAT/1497 OF 2016-17 DATE: 9 July 2016 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Dear Client, We have pleasure in listing below some of the recent legal landmarks. SrNo Authority Section/Rules RATIO(S) Citation /Subject CASE(NAME OF ASSESSEE) 1.1 DEL ITAT 56 ITA Where A was an AOP; sum received by it without consideration could not be included in its total income within framework of section 56(2)(vi). 1.2 68TM376 Other source income Mridu Hari Dalmia Parivar Trust 2.1 HYD ITAT 92C ITA Where A rendering BPO services to its AE; company rendering KPO services and a company earning high profit margin on account of its brand value; could not be accepted as comparable company while determining ALP. 2.2 68TM378 Transfer Pricing C3i Support Services (P.) Ltd 3.1 CHENN ITAT 37(1), 36(1)(iii) ITA Where A-builder paid advance money to buy a land for construction of residential flats thereupon and said money was forfeited; such loss was to be treated as revenue loss as it was incurred to acquire stock-in-trade i.e. land. 3.2 69TM031 Deduction Vijayashanthi Builders Ltd 4.1 BOM HC 68, 263 ITA Mere fact that AO did not make any reference to issue of cash credit in assessment order though he properly enquired; would not entitle Commissioner to pass a revisional order. 4.2 69TM103 Revision Reliance Communication Ltd 5.1 MUM ITAT 9 ITA Payment received for providing web hosting services though involving use of certain scientific equipment cannot be treated as royalty under section 9(1)(vi). 5.2 69TM106 Deemed income Savvis Communication Corporation 6.1 SC 2(47), 45 ITA Since A had surrendered FAR in respect of said remaining portion of land area exclusively held by him and received advance; same would amount to transfer under section 2(47). 6.2 69TM118 Transfer Dinesh D. Rankha