(CONTEMPT OF COURT AGAINST ATTORNEYS)

CONTEMPT OF COURT AGAINST ATTORNEYS.

The Allahabad High Court charges Kanpur attorneys with contempt for continuing their strike The Allahabad High Court issued contempt charges on Friday against Kanpur Bar Associations and Lawyers’ Association Kanpur Nagar office bearers for continuing their strike despite the HC’s order (to refrain from boycotting district courts) and for using Read more…

Segment 263 Annual Expense Act | Incorrect Request Of Surveying Official Making Bias Income Is Revisable By CIT : High Court

Segment 263 Annual Expense Act | Incorrect Request Of Surveying Official Making Bias Income Is Revisable By CIT : High Court.

Under Section 263 of the Income Tax Act, the Supreme Court ruled that the Commissioner of Income Tax can exercise revision powers over Assessing Officer orders that harm revenue interests. The Bombay High Court’s ruling that the assessee’s payment to its shareholders in lieu of settlement of litigation in accordance Read more…