Doctrine of promissory estoppel inapplicable in larger public interest. Supreme Court upheld withdrawal of custom exemption notifications ABCAUS Case Law…
Addition u/s 68 where return is filed under presumptive section 44AF deleted. Addition can not be made based on entries…
Activity of arranging placement for ex-servicemen as security personnel/guards in different organizations was charitable u/s 2(15) of the Income Tax…
Addition u/s 68 upheld as cash was deposited in bank by the loan creditor immediately before transfer and was poor…
Law as on 1st day of assessment year not applicable to financial year in respect of amendments coming into force…
A company cannot have any personal expenditure. ITAT deleted ad hoc disallowance on vehicle running and maintenance expenditure ABCAUS Case…
SAT quashed SEBI order debarring by Price Waterhouse firms/other auditors from auditing listed Companies and Directions to listed Companies not…
Evidentiary value of a statement made on oath by the assessee to the income tax authority in survey proceedings u/s…
Prosecution u/s 276B set aside as intention of company was to deposit TDS, but due to bad financial condition the…
Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable,…