Revision us 263 set aside as CIT did not do homework. No record was called for examining the issue or…
Net profit ratio of 3 percent in contract business allowed as in earlier years even lower profit rate was consistently accepted…
Ban on publishing Aadhaar number and demographic details along with other Personal sensitive information in contravention of Aadhaar Act, 2016…
Deemed Dividend-Loan to firm where partners are shareholders of the company. Advances not considered deemed dividend u/s 2(22)(e) ABCAUS Case…
Agriculture income tax - Finance Minister denies any plan of the Government to impose such tax Ministry of Finance 26-April,…
Letting out buildings/developed space with other amenities in Industrial Park SEZ to be treated as business income Circular N o.…
Income Tax Rule 17CB Method of valuation of accreted income of the trust/institution for additional tax u/s 115TD(2) Chapter XII-EB…
Interest on personal loan taken for business purpose allowed as business expenditure. The assessee could very well attribute the interest…
Secretive commission payment not allowable us 37(1). It was in the nature of bribe to procure business which is prohibited…
Annual General Transfer List in the grade of JCIT-Addl CIT of Income Tax. Request Cases 36 Relaxation Cases 73 Mandatory…