NFAC order should be a speaking one, with adjudication on assessee’s submissions and applicability of laws therein - ITAT In…
Director’s remuneration allocation in ratio of turnover upheld for deduction u/s 80IA as director’s involvement was minimal In a recent…
Excel Utilities of ITR-1, ITR-2, ITR-4 and ITR-6 & Offline Utilities for ITR-1, ITR-2, ITR-4 and ITR 6 for AY…
New Personal Tax Regime made default one. Consequence and precautions to be taken by assessee before filing ITR for AY…
AMC charges not fee for technical services - No ITAT deletes disallowance u/s 40(a)(ia) In a recent judgment, ITAT has…
Mere higher cash deposits during demonization period does not make explanation of cash sales as bogus and unsustainable - ITAT…
Additions based on statement recorded u/s 132(4) without considering Retraction Affidavit with evidences deleted In a recent judgment, ITAT has…
Interest income on fixed deposits of the surplus funds put in FDRs cannot be treated as business income but income…
Income tax demand will be enforced qua the assets, if any, left behind by the deceased assessee - ITAT In…
Revision order u/s 263 upheld as substantial amount of cash was deposited in the bank accounts of all the investors…