Prosecution u/s 276CC-Challenge to satisfaction note u/s 153C rejected. If view taken by trial court is reasonable possible view, it…
Limitation period not prescribed for service of assessment order but it must be served within reasonable time as held by…
Transfer of creditor balances to capital account for better bank loan facilities was not waiver of liability u/s 41(1) being…
Kind of expenditure a legal professional can legitimately and justly claim is entirely different from basic expenditure a commercial entity…
For recomputing income correctly u/s 153A no incriminating material necessary and AO can make corrections after giving opportunity to the…
Deduction u/s 80IA is mandatory for both assessee and revenue to allow/claim, once initial assessment year is selected as there…
Penalty proceedings u/s 271D without recording satisfaction in the assessment order held to be illegal following Supreme Court judgment ABCAUS…
Addition u/s 69C for unexplained marriage expenses deleted by ITAT noting that in Indian society, family members contribute to wedding…
Restriction that Auditor can not be an accountant to value FMV u/s 56 as provided in Rule 11UA is well founded…
Non-issue of Form 16 by employer-High Court asks Department to penalise defaulters u/s 405 of IPC and publish list of defaulters …