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…
All pending appeals with CIT-A having tax effect of Rs 50 crore or more to be disposed off till 31st…
Supreme Court explains the concept of income tax on Joint development agreement and applicability u/s 2(47) and section 45 and…
Direct Tax Collections for F.Y. 2017-2018 show Growth of 15.8% up to September 2017 than net collections for corresponding period…
No addition for mismatch of income with 26AS form 16 16A for ITR1 u/s 143(1)(a)(vi) unless income is altogether not…
Cash transactions between husband-wife do not attract section 269SS if transactions are not for commercial use. Tribunal deleted penalty under…
ITAT comment against CA Profession was out of sheer desperation & frustration. Bombay High Court strongly criticises ITAT for its…
Transfer Pricing Documentation and Country-by-Country Reporting. Rules 10DA, 10DB and form nos. 3CEBA to 3CEBE proposed laying down guidelines for…
Assessee liable to penalty u/s 221(1) for non payment of self assessment tax under section 140A, where return is revised…