Booking of flat is not date of acquisition for claim of capital gain exemption u/s 54F. ITAT upheld denial of…
Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F. Term residential house include all…
The assessee was not prejudiced when AO disallowed only 10% of expenses instead of rejecting the books u/s 145 and…
Concealment Penalty u/s 271(1)(c) for claiming capital loss as business loss. No Penalty when the assessee disclosed all the material…
Criteria for income tax manual selection of returns for Complete Scrutiny during the financial-year 2018-2019- CBDT Guidelines Instruction No. 04/2018…
Seven instances where E-Proceeding not mandatory for assessment during FY 2018-19. When personal hearing/attendance may take place in E-Proceeding Instruction…
Addition for unexplained expenses incurred on marriage of daughter. High Court remands the matter to Tribunal for fresh adjudication ABCAUS…
Remand of the case by ITAT without setting aside the judgment of CIT(A). High Court directed assessee to move rectification…
Filing subsequent ITRs in time no reason for rejecting petition u/s 119(2)(b) to condone the delay for return filing for…
Demand notice quashed as due to absence of AO it did not precede any hearing as contemplated under Section 274…