Transaction entered in pursuance of MOU can not be said sham or colourable device to avoid tax when payments and…
Once depreciation is claimed, asset cannot move out of the Block of Assets even if no depreciation was claimed for many years thereafter – High Court affirms ITAT order ABCAUS Case Law…
Question affecting tax liability of assessee can be raised before the Tribunal first time and it is obliged to consider…
Tribunal not justified in remanding the case when documents are available with it. It was the duty of the tribunal…
Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders. The fiction not to be extended further for broadening the concept…
Reopening for not replying enquiry letter issued on AIR basis to verify source of investment in the property held invalid…
Charitable Trust registration us 12A-Amendment of Rule 17A and Form 10A. Draft Notification inviting comments and suggestions Government of India…
Income Tax CASS Scrutiny parameters for Returns received in FY 2017-18 DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor,…
Non speculative business loss can be set off against profits of any business including speculative business carried on by assessee…
Affidavit of assessee not accepted as it was signed by some one else on behalf of the assessee and not…