Reassessment proceedings cannot be resorted to only to examine the facts of a case, no matter how desirable that be unless…
Itemized sale of the plant and machinery of chemical unit vide agreement was not the sale of the unit as a going…
Issuance of notice under Rule 19 of the ITAT Rules, 1961, itself does not make the appeal admissible. Non-attendance makes…
Deduction u/s 10A of the Income Tax Act, 1961 is allowable without setting off of brought forward losses/unabsorbed depreciation. When there are…
Assessee not liable to Long Term Capital Gain for being registered owner where the land was leased out to a builder…
In case there is no change in the facts, situation or in law, the Revenue cannot be allowed to adopt a…
Additions made for non furnishing name address details of raddi-wallas for purchases made deleted In case of purchases made from small…
Unexplained expendiure addition u/s 69C made for peak negative cash balance without giving benefit of capitalisation of sums disclosed in…
Deduction u/s 80IC available for manufacturing of PET bottles, Caps, jars etc. which are not plastic articles and do not…
Loans Advance given on interest not deemed dividend u/s 2(22)(e) as shareholder not derive benefit from funds of company When…