Day: January 28, 2019
Advances made to group companies who were short of funds in order to honour cheque not deemed dividend but advances for business purpose. ABCAUS Case Law Citation: ABCAUS 2755 (2019) (01) ITAT Important Case Laws Cited/relied upon by the parties Bright Enterprises Pvt. Ltd. Vs. CIT (2016), 381 …
Status of Official Assignees is of artificial juridical person u/s 2(31)(vii) and is required to file ITR applicable as such for each of estate of insolvent Circular No. 04 / 2019 Government of IndiaMinistry of Finance Department of RevenueCentral Board of Direct Taxes North Block, New Delhi, the …
Applicability of section 44AD for Railway Ticket Commission Agent upheld when in addition to booking he has to arrange conveyance to passengers and luggage ABCAUS Case Law Citation: ABCAUS 2754 (2019) (01) ITAT The assessee had challenged the order of the Commissioner of Income Tax (Appeals) on the …
Addition u/s 69 confirmed when assessee failed to establish link between cash withdrawn and cash found at the time of search ABCAUS Case Law Citation: ABCAUS 2753 (2019) (01) ITAT Important Case Laws Cited/relied upon by the parties Ms. Aishwarya K. Rai vs. DCIT (2007) 104 ITD 0166 …