Supreme Court in Topman Exports vs CIT vide its order dated 8 February 2012 has allowed a number of SLP filed against the order of Mumbai High Court in which the High Court favoured Income Tax Department overruling the decision of the Special Bench of ITAT Mumbai on the issue of nature of income with...
SC : Face value of DEPB Taxable in the Year of Receipt, Profit on it Taxable in the Year of Sale
February 20, 2012 by
Black Money Land Mark Judgment : 4 Directions Supreme Court Gave to Union of India
July 5, 2011 by
This is great time. When on institution is failing in its duty, other institution brings a balance and check in the rot.The 4th of July landmark order of Hon’ble Supreme Court of India in case of Ram Jethmalani and Ors. vs UOI and Ors. in Writ Petition (Civil) No. 176 of 2009 with I.A. No....
Did Government Misinterpret DTAA with Germany on Secrecy of Bank Account Holders ?
July 5, 2011 by
The government of India have repeatedly took the stance that revealing the names of bank account holders of bank in LGT located in Liechtenstein will jeopardize the future relation so far as the information sharing agreement between two countries are concerned. Supreme Court , in no uncertain term , has stated in its 4th July...
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