Interest paid to legal heirs of deceased partner cannot be disallowed merely on ground of passing book entry on year…
Interests on capital account has to be calculated on daily product basis not on opening or closing balance of financial…
40 percent deduction for cash deposit in undisclosed bank account was very liberal as no details/evidences of expenses submitted by…
Entrance fee received by Club capital receipt not revenue. Supreme Court dismissed SLP of the Income Tax Department ABCAUS Case…
Addition for cash deposit upheld for absence of cash flow statement/cash book ABCAUS Case Law CitationABCAUS 3633 (2023) (01) ITAT…
Goods manufactured using advance modern/ technology not diversification i.e. different commercial activity – Supreme Court denies exemption u/s 4A of…
CBDT extends date for investment/construction/purchase claiming for capital gain exemption u/s 54 to 54GB . F. No. 225/49/2021-ITA-IIGovernment…
Customers can do KYC by submission of self-declaration through various non-face–to-face channels or fresh KYC remotely through V-CIP - RBI…
Trade Marks Agent Examination 2023 & Patent Agent Examination 2023 The office of the Controller General of Patents, Designs…
Revision u/s 263 to make additions substantively instead of protectively not sustainable - ITAT ABCAUS Case Law Citation ABCAUS 3631…