Powers u/s 154 available for rectifying interest u/s 220 or 244 for miscalculation of interest which is, at best arithmetical…
Creditors not barred by limitation if liability acknowledged in accounts, creditors can rely on the said acknowledgment-High Court ABCAUS…
The High Court explains the law on levy of interest u/s 234B(3) when reassessment is done determing escaped income after…
Exempted income can not be taxed even if no revised return filed. AO in proceedings u/s 143 can not refuse…
Business expediency not a question of law, much less a substantial question of law-High Court. If expected fruits are not…
While considering the question of perversity of a finding of fact, the test applicable are strict-High Court ABCAUS Case Law…
High Court directs reopening of GST Portal for filing TRAN-1 of the Petitioner as the Portal did not respond on…
At the stage of admission, Settlement Commission not expected or be compelled to utilizing the machinery available to call records…
CBDT Compounding of offences Guidelines not illegal or arbitrary. Principle of proportionality also not apply as fee is paid to…
Mere categorisation of land as agricultural in revenue records not suffice for capital gain exemption. Whether a land is agricultural…