No penalty u/s 271E where persons are properly identified and transactions are genuine as there can be no attempt to…
Expenditure for earning interest income allowed u/s 57(ii) as nexus between loan taken and amount invested in FDR not was…
ALP determined in good faith and with due diligence by assessee was not liable to penalty u/s 271(1)(c) ABCAUS Case…
No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings ABCAUS Case Law Citation:ABCAUS…
No Penalty u/s 271(1)(c) on cancellation of automatic deduction u/s 24(a) on wrong classification of income under house property than…
Expenses incurred during lull business period can not be denied to assessee when he was not able to generate any…
Trust set up for providing benefits to a particular community no ground to deny Section 12AA registration ABCAUS Case Law…
Withdrawal of deduction u/s 54/54F beyond scope of rectification u/s 154. AO has no jurisdiction to re-appreciate evidences already considered. …
Exemption u/s 54/54F for house purchased in wife name, Deduction allowed for change in jurisdictional High Court with favourable judgment…
Tax paid in foreign country not eligible for benefit u/s 91 is expenditure eligible for deduction under section 37(1) of…