Input VAT credit reversal deduction to be allowed on payment basis u/s 43B irrespective of separate VAT account INCOME TAX…
AO if not satisfied must compute FMV 56(2)(viia) Rule 115UA himself. Where a method has been prescribed by the legislature,…
Interest on Fixed Deposit given as Bank Guarantee pre-requisite condition to pollution Board is capital receipt as business activities not…
Addition cannot be made on the basis of the statement recorded during survey under section 133A INCOME TAX APPELLATE TRIBUNAL…
Penalty-271(1)(c) - share application money received from different companies with common addresses The Explanation 1 to section 271(1)(c) raises rebuttable…
Penalty-2711c not imposable if income estimated u/s 144 where books of accounts not produced INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH;…
Penalty 271(1)(c) - Limitation provisions u/s 275(1A) apply as per law in force at the time of filing of return…
Order passed by CIT-Appeals without waiting for Remand Report called from AO quashed INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR…
TDS default Proceedings u/s 201/201A can not be initiated unless it is found that deductee has also failed to pay…
Addition for Unexplained Investment u/s 69 quashed as Muslims religion bars Interest income therefore cash was kept at home INCOME…