Income Tax Act, 1961 with Section 254(2)

Supreme Court clarifies the limited scope of Section 254(2) of the Income Tax Act in tax appeals: Commissioner of Income Tax vs. Reliance Telecom (2021)

Supreme Court Clarifies Scope of Section 254(2) of Income Tax Act in Reliance Telecom Case (2021) LEGAL ISSUE: Scope of power of Income Tax Appellate Tribunal to rectify its order under Section 254(2) of the Income Tax Act, 1961. CASE TYPE: Income Tax Appeal Case Name: Commissioner of Income Tax (IT-4), Mumbai vs. M/s Reliance […]

Supreme Court clarifies the limited scope of Section 254(2) of the Income Tax Act in tax appeals: Commissioner of Income Tax vs. Reliance Telecom (2021) Read Post »

Supreme Court Upholds Addition of Unexplained Cash Credits as Income: Vijay Kumar Talwar vs. Commissioner of Income Tax (2010)

December 6, 2010 / Code of Civil Procedure, 1908, D.K. Jain, Income Tax Act, 1961, Income Tax Act, 1961 with Section 254(2), Income Tax Act, 1961 with Section 260-A, Income Tax Act, 1961 with Section 68, Judges, T.S. Thakur

LEGAL ISSUE: Whether the Income Tax Appellate Tribunal’s (ITAT) order was based on sufficient evidence regarding unexplained cash credits, and if the High Court erred in dismissing the appeal for lack of a substantial question of law. CASE TYPE: Income Tax Law Case Name: Vijay Kumar Talwar vs. Commissioner of Income Tax, Delhi [Judgment Date]:

Supreme Court Upholds Addition of Unexplained Cash Credits as Income: Vijay Kumar Talwar vs. Commissioner of Income Tax (2010) Read Post »