Directors equally responsible for furnishing of return of company as is the managing director. High Court declines to interfere prosecution…
Difference in cash deposits in bank and turnover declared in VAT return treated as income u/s 69A. High Court upheld…
ITAT explain the expression wholly and exclusively used in section 37. ‘Wholly” relates to quantification and “exclusively” refers to the…
TDS on payments to non-residents applicable at rates prescribed under DTAAs, not 20 per cent. Section 206AA not override provisions…
Justice Pradipkumar Premshankar Bhatt, Former Judge, High Court of Gujarat, appointed as President, ITAT MINISTRY OF LAW AND JUSTICE (DEPARTMENT OF…
Commissioner Appeals cannot not enhance assessment unless the assessee had a reasonable opportunity of showing cause against such enhancement -…
Compensation received from builder under settlement for failure to give possession of flat within stipulated time held not capital receipts…
Reopening u/s 148 where properties sold illegally and assessee did not received any sale consideration-High Court declines to interfere in…
Reopening by issue of notice u/s 148 on the basis of AIR information after sending query letter to assessee was…
Reopening notice after 4 year when escaped income less than 1 lakh is time barred and not tenable in the…