Assessee was entitled to interest u/s 244A from 1st April of AY when return filed within extended due date -…
The debit entry cannot be added under Section 68 as it speaks about “Cash Credit” and not for debits entries…
Conversion of unsecured loan of wife against allotment of share in joint names in closely held company upheld The ITAT…
Penalty u/s 271D stayed as assessee denied having received cash loan and matter was pending in Civil Court In a…
Non allocation of common expenses for deduction u/s 80IA – ITAT quashed revision order Non allocation of common expenses to…
High price of land sold no reason tax it as business income when its class remained Krishi bhumi In a…
CIT(A) incorrect in not adjudicating the ground raised merely because AR agreed not to press it In a recent judgment,…
Confiscation of stock under GST Act cannot be made on the basis of eye estimation only Confiscation of stock u/s…
Residential Flats held as stock in trade-Municipal rateable value to be adopted for determining income from house property In a…
TDS u/s 194Q not related to sale-ITAT remands case of mismatch of turnover In a recent judgment, the ITAT has…