Disallowance under section 40(a)(ia) of the Income Tax Act, 1961 cannot be made applicable to short deduction of tax at…
The new Income Tax (No. 2) Bill 2025 has been passed in Lok Sabha. The new Bill was introduced in…
ITAT deleted addition on account of employer contribution to LIC for purchasing an annuity policy for assessee-payable in future In…
There is marked distinction between the expressions, “entitlement to” claim input tax credit and “entitled to avail” input tax credit.…
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…