Assessee who inadvertently opted out of new tax regime eligible for deductions under chapter VIA though not claimed in the…
There is no reason to doubt that conditions of Explanations to section 43(5) fulfilled when statement of account from brokers…
Training workshop for performance management, and career management for employees are general training programs that cannot be considered as technical…
High Court directed closure of Capital Gain Deposit Scheme (CGDS) Account opened mistakenly by the assessee on wrong advice by…
Non application of correct section is a classic example of non-application of mind by Quasi-judicial authority – ITAT deleted addition…
Applicability of limitation for completion of assessment u/s 153 to a DRP proceeding under Section 144C – matter to be…
It is well-settled that once the source of cash is explained to be business receipts already accounted for and taxed,…
ITAT confirmed addition u/s 69C as unexplained expenditure over and above Gross Profit addition In a recent judgment, ITAT Hyderabad…
Merely non furnishing of purchase & sale register would not amount to escapement of income In a recent judgment, the…
Exemption u/s 54F allowed holding that assessee was owner of only one house at the time of transfer and became…