Saturday, September 19, 2009 |
1. FRANCIS WACZIARG (Delhi High Court) [Related to section 80O/271(1)(C)] No concealment penalty even if tax stand taken by assessee contrary to Jurisdictional High Court ruling if Other High Courts are in favor of assessee and no Supreme Court ruling is there.
2. SENIOR INDIA (Delhi High Court) DHC has reserved its verdict on substantial question of law as to “Whether learned ITAT erred in holding that amount paid by the Assessee for Trademark was revenue expenditure”.
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"Voice of CA" CA. Kapil Goel, Moderator-Direct Taxes, Mob:9910272806, cakapilgoel@gmail.com CA. Sidharth Jain, Co-Moderator, Mob: 9810418700, sidhjasso@yahoo.com CA. Mukesh K Bansal, Co-Moderator-FEMA, mkak@rediffmail.com
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