Here is Portfolio page of Ak, with all his work

Opinion at time of certificate grant can't debar AO from initiating proceedings.
Nov. 02, 2015
Assessee company worked on contract for PGCIL. AO reopened assessment. Assessee objected. AO rejected it on ground that authorization issued u/s 195/197 provisional in nature. HC held, no return had been filed. As per Sec.195 &197, clear that if any opinion expressed at time of grant of certificate, it is tentative or provisional or interim in nature would not debar AO from initiating proceeding u/s 147 due to change of opinion. -010551
Remember: Excise could be charged on a good, only if it satisfies these 3 points
Apr. 19, 2016
Government can charge excise duty on a good if it satisfies the following 3 conditions:1. The good should have been manufactured.2. The good should be marketable.3. The good should be listed in the first schedule and the second schedule of the Central Excise Tariff Act, 1985
In TP case, PLI held to be favourable in comparison to average comparable.
Nov. 02, 2015
Assessee ran business of designing packaged software & consultancy services. Ref. made to TPO, for determining arms length pricing u/s 92CA(3) in respect of international transaction entered into by assessee was accepted by AO. On appeal ITAT set aside AO decision holding, amount received from associates was reimbursement of payment of incentive & inextricably linked with corresponding expenses. PLI favourable as compared to average comparables....
View presented by AO held to be possible & plausible one, HC
Dec. 30, 2015
During search, various documents & loose papers belonging to assessee were seized. Assessee was main director of pvt. Co. 'MCP' which was engaged in construct'n business. CIT(A) held order passed by AO erroneous. On appeal ITAT upheld it. On appeal, Once inquiry was made & view taken by AO is demonstrated to be possible & plausible one, then Tribunal's order can't be termed as perverse or vitiated by any error of law apparent on face of record.00...
If done after banking hrs, bid amount can be deposited on next day of auction.
Nov. 05, 2015
On non payment of Loan amount. Bank auctioned mortgaged property of company. Petition was filed for setting aside sale. HC held, officer authorized by bank, which was conducting auction proceedings, had no option but to call upon second respondent to deposit 25 per cent of bid amount by next day. Such deposit has to be treated as deposit made immediately after bid of second respondent had been declared successful. Hence, petition was dismis...
Reduct'n in net profit rate by CIT(A) held justified as per facts of case,ITAT
Dec. 08, 2015
Assessee-company executed work contracts of civil construct'n, labor supply & shares trade. AO rejected books of a/c of assessee on ground of non product'n of complete vouchers & thumb impression of all payers were not in register.Thus, calculated net profit at 8% of gross contract receipt . CIT(A) reduced it to 4%. On appeal HC held, definitely there would be lower profit in case of assessee. Hence, CIT(A) rightly estimated net profit ra...
Definition of "Manufacture" (for Excise purposes) is different for jewellers
Apr. 19, 2016
Generally, for Excise purposes, manufacture means "a process in which original goods are transformed into some other goods which are distinctly known in commercial market". However, this definition is not complete when we think of jewellery manufacturing. In case of jewellery,"branding" of jewellery is considered as manufacturing. So, if a jewellery trader purchases a necklace & puts "his name" on it then he would be called as a manufacturer.
Commissioner is to perform quasi-judicial functions to decide allegations, HC.
Nov. 02, 2015
AO passed assessment order u/s 158BC on undisclosed income. Assessee filed application before Settlement Commission. It passed order accepting amount offered by assessee as undisclosed income. Show cause notice issued by commissioner. On writ HC held, it was Commissioner who was ultimately to perform quasi-judicial functions as per provisio. to decide about correctness or otherwise of allegations made by him. Show cause notice rightly issued.-010548
Validity of Rule2(xii) & (xvii) of Service Tax Rules upheld by SC.
Apr. 08, 2016
Petitioners utilized services of goods transport operators & of clearing & forwarding agents. They sought to impugn validity of Rule2(xii) & (xvii) of Service Tax Rules, as amended in 1997. SC held, The tax is on value of the services and it is only the person who is providing the service can be regarded as an assessee.The rules, cannot be so framed which do not carry out the purpose of the chapter and cannot foe in conflict with the ...