Sale of land made by partnership firm can not be added in partner’s hand. Assessment has to be done in…
AO had inherent powers u/s 142(2C) to suo moto extend time for submission of special audit report directed u/s 142(2A),…
Loss by shop burglary arisen during the course of business allowed u/s 37(1) even when Insurance company assessed loss at…
Supreme Court dismisses SLP of Income Tax Department against Radhika Roy, wife of NDTV founder Prannoy Roy ABCAUS Case Law…
Deduction u/s 80IB allowed when assessee was not owner of the land and undertook housing project at their own risk…
Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s…
ITRs filed prior to 01.04.2019 as per decisions of various High Courts valid. Aadhaar-PAN linking mandatory from 01.04.2019 as per…
Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT…
Income Tax Offices throughout India (including the ASK Centres) shall remain open on 30th and 31st March, 2019 during normal…
Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148…