Just a moment...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws---- ❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    June 26, 2026   Case Laws Income Tax
    Natural justice breach keeps writ open despite alternative remedy in assessment challenge; demand, penalty, and assessment were quashed.
    June 26, 2026   Case Laws Income Tax
    Limitation for consequential tax orders can abate assessment and nullify penalty when no valid order is passed.
    June 26, 2026   Case Laws Income Tax
    Transfer pricing re-characterisation of preference shares as loans rejected; interest disallowance on sister concern advances failed.
    June 26, 2026   Case Laws Income Tax
    Reassessment barred by change of opinion where audit objection reused issues already examined in scrutiny assessment.
    June 26, 2026   Case Laws Income Tax
    Bogus purchase additions limited to embedded profit component where bills were accommodation entries; restriction upheld on identical facts
    June 26, 2026   Case Laws Income Tax
    Mandatory hearing in rectification barred ex parte withdrawal of relief and made the order void
    June 26, 2026   Case Laws Income Tax
    Jurisdictional satisfaction for cash receipt penalty requires clear findings and independent proof; unsupported levy fails.
    June 26, 2026   Case Laws Income Tax
    Leave Fare Concession tax deduction: foreign-leg travel stays outside exemption, with default and interest following for non-deduction.
    June 26, 2026   Case Laws Income Tax
    Interest taxability on internal bank placements: payment-to-self receipts escaped tax, while bad-debt write-off and refund interest were addressed.
    June 26, 2026   Case Laws Income Tax
    Recorded satisfaction and corroborative proof are essential for section 271DA penalty on alleged cash-receipt violations.
    June 26, 2026   Case Laws Income Tax
    BOT road amortization must follow actual concession end date; debatable depreciation claim could not sustain penalty
    June 26, 2026   Case Laws Income Tax
    Section 80P deduction on bank-deposit interest follows when a co-operative credit society parks business funds temporarily.
    June 26, 2026   Case Laws Customs
    Customs supervision charges recoverable on Merchant Over Time basis when officers were used only part-day.
    June 26, 2026   Case Laws Customs
    Related-party import valuation: transaction value rejected, but Rule 8 revaluation largely failed under customs valuation rules
    June 26, 2026   Case Laws Customs
    Customs broker liability for export overvaluation rejected where KYC compliance, mandatory timelines and duplicate penalty all failed.
    June 26, 2026   Case Laws Money Laundering
    Quashing criminal mining and PMLA proceedings requires trial on disputed evidence, as laundering stands distinct.
    June 26, 2026   Case Laws Money Laundering
    PMLA initiation requires statutory satisfaction; predicate offence alone cannot compel ECIR registration or mandamus by a writ court
    June 26, 2026   Case Laws Money Laundering
    PMLA attachment over PACL assets yields to a special investor restitution framework and cannot continue in parallel.
    June 26, 2026   Case Laws Service Tax
    Minimum Average Balance is a contractual condition, not taxable consideration, and service tax notices were quashed.
    June 26, 2026   Case Laws Service Tax
    Service Tax on Factory Premises: PSU status gave no exemption, but limitation defeated the entire demand.
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
June 26, 2026   Case Laws Income Tax
Natural justice breach keeps writ open despite alternative remedy in assessment challenge; demand, penalty, and assessment were quashed.
June 26, 2026   Case Laws Income Tax
Limitation for consequential tax orders can abate assessment and nullify penalty when no valid order is passed.
June 26, 2026   Case Laws Income Tax
Transfer pricing re-characterisation of preference shares as loans rejected; interest disallowance on sister concern advances failed.
June 26, 2026   Case Laws Income Tax
Reassessment barred by change of opinion where audit objection reused issues already examined in scrutiny assessment.
June 26, 2026   Case Laws Income Tax
Bogus purchase additions limited to embedded profit component where bills were accommodation entries; restriction upheld on identical facts
June 26, 2026   Case Laws Income Tax
Mandatory hearing in rectification barred ex parte withdrawal of relief and made the order void
June 26, 2026   Case Laws Income Tax
Jurisdictional satisfaction for cash receipt penalty requires clear findings and independent proof; unsupported levy fails.
June 26, 2026   Case Laws Income Tax
Leave Fare Concession tax deduction: foreign-leg travel stays outside exemption, with default and interest following for non-deduction.
June 26, 2026   Case Laws Income Tax
Interest taxability on internal bank placements: payment-to-self receipts escaped tax, while bad-debt write-off and refund interest were addressed.
June 26, 2026   Case Laws Income Tax
Recorded satisfaction and corroborative proof are essential for section 271DA penalty on alleged cash-receipt violations.
June 26, 2026   Case Laws Income Tax
BOT road amortization must follow actual concession end date; debatable depreciation claim could not sustain penalty
June 26, 2026   Case Laws Income Tax
Section 80P deduction on bank-deposit interest follows when a co-operative credit society parks business funds temporarily.
June 26, 2026   Case Laws Customs
Customs supervision charges recoverable on Merchant Over Time basis when officers were used only part-day.
June 26, 2026   Case Laws Customs
Related-party import valuation: transaction value rejected, but Rule 8 revaluation largely failed under customs valuation rules
June 26, 2026   Case Laws Customs
Customs broker liability for export overvaluation rejected where KYC compliance, mandatory timelines and duplicate penalty all failed.
June 26, 2026   Case Laws Money Laundering
Quashing criminal mining and PMLA proceedings requires trial on disputed evidence, as laundering stands distinct.
June 26, 2026   Case Laws Money Laundering
PMLA initiation requires statutory satisfaction; predicate offence alone cannot compel ECIR registration or mandamus by a writ court
June 26, 2026   Case Laws Money Laundering
PMLA attachment over PACL assets yields to a special investor restitution framework and cannot continue in parallel.
June 26, 2026   Case Laws Service Tax
Minimum Average Balance is a contractual condition, not taxable consideration, and service tax notices were quashed.
June 26, 2026   Case Laws Service Tax
Service Tax on Factory Premises: PSU status gave no exemption, but limitation defeated the entire demand.

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Home › Highlights › Income Tax › 2014 › January, 2014 › This
Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters
Income Tax

Allowance of bad debts - Provision made was pre-matured - It was...

Provision for Bad Debts Denied as Expenditure: Classified as Contingent Liability under Income Tax Act.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

Income Tax January 17, 2014 Case Laws AT
Allowance of bad debts - Provision made was pre-matured - It was only contingent liability or notional loss which could not be allowed as an expenditure under provisions of I.T Act - AT
View Source View

Topics

Acts Income Tax
Next ➔