Day: May 13, 2024
No enduring benefit arises when software project was abandoned due to change in technology. Supreme Court dismisses SLP of Department In a recent case, the Hon’ble Supreme Court has dismissed the Special Leave Petition (SLP) of the Revenue against the judgment of the Hon’ble High Court of Karnataka …
AO was justified to estimate profits of civil construction @10 percent applying provisions of section 44BBB In a recent judgment, ITAT has held that Assessing Officer was justified in estimating profits of civil construction @10 percent applying provisions of section 44BBB when books were rejected and the assessee …
Assessment order was set aside for not providing second opportunity of video conferencing In a recent judgment, the Hon’ble High Court of Kerala has set aside Assessment order was for not providing a second opportunity of video conferencing. ABCAUS Case Law Citation:ABCAUS 4010 (2024) (05) HC The Petitioner …
