• Income Tax

Allegations of delay in TDS deposit & person responsible must be tested at trial

2 weeks ago

Allegations of delay in TDS deposit, role of person responsible are disputed factual matters which must be tested at trial…

  • Income Tax

Generation & allotment of UIN in Form No. 121 declaration for payment without TDS

2 weeks ago

Procedure, formats and standards for generation and allotment of Unique Identification Number (UIN) in respect of Form No. 121 declaration…

  • Income Tax

Penalty u/s 270A deleted as AO failed to mention the relevant clause the case fall

2 weeks ago

Penalty u/s 270A deleted as AO failed to mention under which clause the case of the assessee fall. In a…

  • Income Tax

Income by deploying ex-servicemen as security guards not business activity

2 weeks ago

Income of section 25 company by deploying ex-servicemen as security guards was not business activity. In a recent judgment, Kerala…

  • Income Tax

Draft assessment order cannot give rise to any enforceable demand 

2 weeks ago

In absence of a valid final assessment order passed within statutory time frame, draft assessment order cannot give rise to…

  • Income Tax

No disallowance u/s 43B if expenditure not claimed in Profit and Loss Account

2 weeks ago

No disallowance u/s 43B can be made if expenditure has not been not claimed by the assessee in Profit and…

  • Income Tax

Assessee developing infrastructure facility of Govt. not contractor for denying 80IA deduction

2 weeks ago

Whether an assessee developing an infrastructure facility of Government is a contractor and ineligible for claim of deduction under Section…

  • Income Tax

Jurisdictional PCIT/CIT to condone delay in filing Form No. 10A for Registration u/s 12A

2 weeks ago

Jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax to condone delay in filing Form No. 10A for Registration u/s…

  • Income Tax

AO not justified in making addition by adopting extrapolation without any material evidence

2 weeks ago

AO was not justified in making addition by adopting method of extrapolation without bringing any material evidence in support -…

  • bankruptcy

Court can not sit over comparative financial attractiveness of rival offers decided by CoC

3 weeks ago

Court can not sit over comparative financial attractiveness of rival offers or to substitute its own view for the decision…