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…
Reopening for verification of purchases from hawala dealer-Supreme Court dismisses SLP of the Department challenging dismissal of appeal by High…
Compliance must be made simpler for honest tax payers - Finance Minister stresses on simplification, transparency technology to smooth tax…
Supreme Court upheld Constitutional Validity of various provisions of the Insolvency and Bankruptcy Code, 2016 ABCAUS Case Law Citation: ABCAUS…
No penalty u/s 271D can be levied when cash loans were treated as undisclosed income of the assessee u/s 68…