Advances made to group companies who were short of funds in order to honour cheque not deemed dividend but advances…
Status of Official Assignees is of artificial juridical person u/s 2(31)(vii) and is required to file ITR applicable as such…
Applicability of section 44AD for Railway Ticket Commission Agent upheld when in addition to booking he has to arrange conveyance…
Addition u/s 69 confirmed when assessee failed to establish link between cash withdrawn and cash found at the time of…
Without treating assessee as “assessee in default” u/s 201(1), no disallowance can be made u/s 40(a)(ia) for non deduction of…
Software expenses on Global Dealers Management System of Hyundai motor held to be revenue in nature as it was a…
Penalty u/s 271D unjustified when bank refused loan and cash was obtained for meeting urgent business expenses as it was…
Penalty u/s 271D was absurd when assessee himself was karta of HUF from where he obtained cash loan-ITAT deleted penalty…
Taxability of interest received u/s 28 of Land Acquisition Act 1894. ITAT quashed CIT order believing that division bench order…
Carry forward of unabsorbed depreciation beyond 8 years for periods prior to amendment to section 32(2)- SC dismisses SLP of…