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Showing posts from January, 2018

Updates: Income Tax, GST & Company Law (15th January 2018)

Updates: Income Tax, GST & Company Law (15 th January 2018) Income Tax 1.   ‘Cochin International Airport’ eligible for sec. 80-IA relief as it is maintaining an infrastructure facility(An airport is an infrastructure facility as contemplated in sub-section (2) of section 80-IA)- [2018] 89 taxmann.com 142 (Kerala) HIGH COURT OF KERALA, Cochin International Airport Ltd. v. Deputy Commissioner of Income-tax, Circle-1(1) Ernakulam, ANTONY DOMINIC AND DAMA SESHADRI NAIDU, JJ., IT APPEAL NOS. 163,169 AND 176 OF 2012, AUGUST  7, 2017 ] 2. HC granted waiver of sec. 234A interest as there was bona fide dispute to tax income in assessee's hands ( Where there was bona fide dispute which directly related to assessability of assessee to tax and due to same assessee did not file its return, assessee was entitled to waiver of interest under section 234A [2018] 89 taxmann.com 42 (Madras), HIGH COURT OF MADRAS, R. Mani v. Chief Commissioner of Income-tax, Tiruchirappalli, T.S. S