CIT can not substitute his view over the view taken by AO in the revisionary jurisdiction u/s 263 as AO…
AO cannot remain quiet after issuing summons u/s 131 which went unanswered. Without resorting to further investigation no adverse inference…
Addition confirmed for non filing of affidavit stating that the assessee had not agreed for the addition during the assessment…
Prosecution u/s 277 if grave suspicion exists about involvement of the accused, it is expected to frame charge and put…
Assessee could not be taxed more than what it had received-High Court upholds Tribunal order allowing commission paid by the…
There is no provision in the Partnership Act requiring that Partnership Deed should contain the ratio of profit and loss…
Commission paid to represent assessee before govt agencies for getting work held not an offence u/s 37(1) - ITAT Judgment…
Non issuance of statutory notice u/s 274(1) vitiated levy of penalty u/s 271(1)(b). Mere proposal to initiate penalty proceedings not…
CBDT entered into nine more Unilateral Advance Pricing Agreements during the month of July, 2018. Total number of APAs has gone…
Unearthing of Black Money-Prosecution, search, survey initiated by ITD under the relevant provisions of the Income Tax Act, 1961, during…