Addition on account of milling gain on adhoc basis without conducting any enquiry, without any cogent and specific reason or…
At the stage of admission, Settlement Commission not expected or be compelled to utilizing the machinery available to call records…
CBDT Compounding of offences Guidelines not illegal or arbitrary. Principle of proportionality also not apply as fee is paid to…
Additions made due to typing error in Form 3CD is not legally permissible where auditor of the assessee inadvertent committed…
The Income Tax Department has issued an advisory/warning for cash transactions in excess of prescribed limits. DO NOT ACCEPT cash…
Assessee cannot be penalized for non response or non attendance by creditors in response to notice when all details regarding…
No requirement to file Form-10B at the time of registration u/s 12AA. Audit Report in Form 10B is to be…
Educational qualification and age limit for TRP relaxed, incentive increased, non-refundable deposit made compulsory as per Return Preparer (Amendment) Scheme,…
No Addition for cash deposits in bank when sufficient cash is in hand. Assessee not supposed to keep track of…
Concealment penalty deleted as assessee was unaware of tax on sale of property. Assessee agreed to pay taxes on the…