AO exceeded jurisdiction in dropping penalty on issues pending in quantum appeal-ITAT upholds exercise of revisional powers by CIT u/s…
Fair Market Value of property as on 01.04.1981-ITAT follows Supreme Court Guidelines and adopts value as suggested by both Revenue…
Set off of expenses against surrendered income held erroneous and prejudicial to the interest of the revenue as assessee failed…
Interest u/s 234B on failure to deposit the advance tax in respect of tax payable u/s 115JB of Income Tax…
No revision u/s 263 without pointing out how assessment order is erroneous. Order quashed as CIT did not mention whether…
Prosecution u/s 276CC for not filing return-Sentence set aside and Trial Court directed to pass fresh judgment after consideration of…
Deduction u/s 54F denied for non deposit in capital gains accounts scheme allowed as investment in flat purchase was made…
High Court explains mandate of "reasons to suspect" and "reasons to believe" in income tax search, quashed warrants of authorization…
Re-assessment of Sonia/Rahul Gandhi in connection with Young Indian share allotment to be completed within limitation period but order not…
Appeal filed without paying tax due on returned income is only defective not void. On payment of taxes even after…