Provision for discount allowed as expenses as it had been discharged fully in the subsequent Assessment Year. In a recent…
Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA…
Merely because vendor could not produce evidence for original purchase of software sold to assesssee, the depreciation thereon could not…
Absence of documentary proof would not lead to conclusion that cash amount was not paid when the receiver has executed…
Addition u/s 69C towards alleged bogus purchase deleted due to failure of AO to bring on record any material/evidence for…
Reopening on the allegation of non disclosure of illegal mining was quashed as Apex Court did not declare it illegal…
Order u/s 148A(d) set aside as sanctioning authority wrongly recorded that no response was filed in response to the notice…
Supreme Court declines to entertain inordinate delay of seven/six years in filing appeal by shifting responsibility of delay on counsel-…
When assessee is given immunity from disclosing chicken, can’t be asked to disclose eggs – ITAT deleted addition u/s 69A…
GST Council recommends changes in GST tax rates to provide relief to individuals, middle class and measures for facilitation of…