 | ITO v. Executive Officer Cum Secretary Marketing Committee [ITA Nos. 1005 & 1006/Delhi of 2009] [2010] 6 taxmann.com 68 (NEW DELHI - ITAT) -
When assessee makes a provision of interest in its account, in account of creditor, provisions of s... - Person liable to pay interest shall be covered by section 194A, even if interest is credited in ‘In... Read More
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| Central Elect. Regulatory Commn. v. National Hydroelect. Power Corp. Ltd. [Civil Appeal No. of 2010] [2010] 6 taxmann.com 67 (SC) -
Service of Court Notice(s) may be effected by E-mail - On account of delay in process serving particularly in commercial cases, the above facility is bein... Read More
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| Walfort Financial Services Ltd. v. Addl. CIT [CIT ITA No. 847/M/2009] [2010] 6 taxmann.com 66 (MUM. - ITAT) -
Holding period for purposes of computation of capital gain is relevant only in relation to shares h... - Only in respect of shares held as investment, income from sale of shares with holding period of les... Read More
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| Equest India Pvt. Ltd. v. ITO [ITA No. 1548/Mum/06] [2010] 6 taxmann.com 65 (MUM. - ITAT) -
Raising a legal claim, even if it is ultimately found to be legally unacceptable, cannot amount to ... - The connotations of expression ‘particulars of income’ do not extend to the issues of interpretatio... Read More
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| McKinsey and Company Inc. v. Union of India [Writ Petition (L) No. 805 of 2010] [2010] 6 taxmann.com 64 (BOM.) -
Unless a sense of hierarchical discipline is observed, while implementing fiscal legislation, exerc... - In a case where the Assessing Officer has chosen to act in complete departure from a duly considere... Read More
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