Pre-dating demand notice even before the assessment order was passed showed the assessee was denied any opportunity of hearing in…
Addition for unexplained cash credit u/s 68 deleted when assessee’s accountant wrongly passed such entries in the books of accounts…
IBBI debars Insolvency Professional for ten years as her husband assigned CIRPs of 15 CD and wife consented to act…
Penalty u/s 271(1)(c) deleted for claiming depreciation on assets for which invoices were raised by the vendor in the name…
Vacancy allowance u/s 23(1)(c) allowable for property not let out due to reasonable cause or despite effort. Municipal rate substituted…
When AO not submitted remand report, no adverse inference can be taken against assessee. The order of CIT-A was bizarre…
Purchaser of goods not entitled to claim refund of duty paid under protest by manufacturer after limitation period u/s 11B of the…
Computation of turnover for share/derivatives trading and applicability of Section 44AD. AO to either follow ICAI guidance note on tax…
Partners remuneration as allowable u/s 40(b)(v) in profit-sharing ratio. ITAT upheld the remuneration clause in the partnership deed ABCAUS Case…
Clandestine removal of goods without payment of excise duty can not be alleged on the basis of bilties/GRs recovered from…