Supreme Court to decide difference between employees & employer contribution to PF, ESI for allowability under Section 43B of the…
There is no legislative mandate to collect tax at source under section 206C (1C) from the person involved in illegal…
In the absence of objection by donors to receipts mentioning that donations were towards corpus, it is assumed that donations…
Credit in assessee’s capital account consequent to book entry adjustments in the books of the partnership firm can not be…
Non-compliance of summons issued u/s 131 by investing companies is no ground to make addition under section 68 of the…
Assessee not obliged to demonstrate actual utilization of donation u/s 35(1)(ii) for scientific research made to an eligible institution In…
Phrase "genuineness of activities" has been interpreted liberally by various judicial forums including the ITAT and High Courts - ITAT…
If assessing officer rejects a reply, he had to offer an opportunity of personal hearing to the assessee– Allahabad High…
Business decisions such as withdrawal and redeposit of cash fall within the domain of commercial expediency and AO cannot substitute…
High Court has awarded interest @ 12% p.a. on excessive excise duty refunded after twelve years after petitioners was compelled…