In exercise of the powers conferred by clause (1) of Article 217 of the Constitution of India, the President has appointed (i) Shri Justice Paramjeet Singh, (ii) Shri Justice Naresh Kumar Sanghi, and (iii) Shri Justice Rameshwar Singh Malik, Additional Judges of the High Court of Punjab & Haryana, as Judges of that High Court with effect… Read More
Tags: Constitution of India, Corporate law, Haryana, India, Law, Punjab and Haryana High Court
In exercise of the powers conferred by clause (1) of article 217 of the Constitution of India, the President has appointed Shri Justice Sanjay Kishan Kaul, Judge of the High Court of Delhi, as the Chief Justice of the High Court of Punjab & Haryana with effect from the date he assumes charge of his… Read More
Tags: Constitution of India, Corporate law, Delhi High Court, Haryana, India, Law, President of the United States, Punjab and Haryana High Court
Ratio of the Case: In order to determine the true income of an Assessee in a transaction concerned with its Parent in another country, the Transfer Pricing Officer can select methods other then the ones used by Assessee to determine the actual income. CLR Editorial Notes: The assessee is a wholly owned subsidiary of a… Read More
Tags: Commonwealth Law Reports, Morgan Stanley, Punjab and Haryana High Court, Supreme Court, The Honourable, TNMM, TPO, transfer pricing
Circular No. 168/3 /2013 - ST F. No. 356/2/2013-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block New Delhi, 15th April, 2013 To, Chief Commissioners of Central Excise and Customs (All), Director General (Service Tax), Director General(Systems), Director General (Central Excise Intelligence), Director General… Read More
Tags: Andhra Pradesh, Andhra Pradesh High Court, Finance Act, Haryana, Pandal, Punjab and Haryana High Court, Supreme Court, Supreme Court of India
CLR Editorial Notes: In this case, it was noted that the assessee owned 6000 shares of a certain company. In the year 1982, he executed a deed of revocable transfer of shares in favour of another person. In this deed the assessee was permitted to exercise the power of revoking the gift, after completion of 74… Read More
Tags: Appeal, CIT, Income tax, India, Punjab and Haryana High Court, Supreme Court, The Honourable, Tribunal
CLR Editorial Notes: The Hon'ble Punjab and Haryana High Court had to two issues to consider in the writ petition filed by the assessee. (i) whether the revenue department is justified in initiating a recovery proceeding on the basis of a Circular dated 01.01.2013, even when an application for waiver of pre-deposit is pending before the Appellate… Read More
Tags: Case Law, CBEC, Punjab and Haryana High Court