No Penalty u/s 271B for non Tax Audit when AO treated capital gain transaction as business income In a recent…
Employee of IRCTC entitled to full exemption of leave encashment u/s 10(10AA)(i) being employed with Central Government company. In a…
Exemption u/s 54EC allowed as delay in investment in REC Bonds was due to father of the assessee in ICU …
Non-response by payee to statutory notice u/s 133(6) directly issued by AO, is not within reach and control of assessee…
It is not open for CIT(A) to introduce a new source of income. ITAT deleted addition made section 69A changing…
Income returned under other sources can not be recharacterised as income u/s 69A and subjected to higher tax u/s 15BBE…
New allegation added in order passed u/s 148A(d) not present in show cause notice u/s 148A. High Court declines interference.…
Penalty u/s 270A can not be levied for additions made on estimation basis. Penalty on the basis of findings in…
Rectification application u/s 154 for claim of leave salary encashment exemption u/s 10(10AA) dismissed as barred by limitation In a…
Order held erroneous but not prejudicial despite depreciation allowed at higher rate because there was no taxable income on account…