• Income Tax

Conversion of unsecured loan of wife against allotment of share in joint names upheld

3 years ago

Conversion of unsecured loan of wife against allotment of share in joint names in closely held company upheld The ITAT…

  • Income Tax

Penalty u/s 271D stayed as assessee denied receiving cash and matter pending in Civil Court

3 years ago

Penalty u/s 271D stayed as assessee denied having received cash loan and matter was pending in Civil Court In a…

  • Income Tax

Non allocation of common expenses in deduction u/s 80IA – ITAT quashed revision order

3 years ago

Non allocation of common expenses for deduction u/s 80IA – ITAT quashed revision order Non allocation of common expenses to…

  • Income Tax

High price of land no reason tax it as business income when its class remained Krishi bhumi

3 years ago

High price of land sold no reason tax it as business income when its class remained Krishi bhumi In a…

  • Income Tax

CIT(A) incorrect in not adjudicating ground raised merely because AR agreed not to press

3 years ago

CIT(A) incorrect in not adjudicating the ground raised merely because AR agreed not to press it In a recent judgment,…

  • GST

Confiscation of stock u/s 130 of GST Act cannot be made on the basis of eye estimation only

3 years ago

Confiscation of stock under GST Act cannot be made on the basis of eye estimation only Confiscation of stock u/s…

  • Income Tax

Flats held as stock in trade-Municipal rateable value to be income from house property

3 years ago

Residential Flats held as stock in trade-Municipal rateable value to be adopted for determining income from house property In a…

  • Income Tax

TDS u/s 194Q not related to sale-ITAT remands case of mismatch of turnover and TDS with 26AS

3 years ago

TDS u/s 194Q not related to sale-ITAT remands case of mismatch of turnover In a recent judgment, the ITAT has…

  • Income Tax

Assessee claimed a third party fraudulently filed his return – ITAT remands case to prove it

3 years ago

Assessee claimed a third party fraudulently filed his return - ITAT remands case to prove it In a recent judgment,…

  • Income Tax

ITAT allows commission paid for sale of property despite no written agreement

3 years ago

ITAT allows commission expenses in connection with sale of property despite no written agreement ITAT allows commission expenses as deduction…