Settlement Commission order not perverse when every objection raised by the Commissioner, Income Tax as regarding non-disclosure by the assessee…
When entire investment/payments for flat purchase was made by the assessee in the name of his daughter, the capital gain…
Gypsum board is covered in amended Entry 56 Schedule IV of RVAT, read as ‘gypsum in all its forms’-Supreme Court…
Merely because some of vouchers did not bear the truck number or driver’s name the transport expenses was not ingenuine…
Higher Court cannot stay /quash orders in anticipation of being passed by an appellate authority. Supreme Court quashes High Court direction ABCAUS Case…
Tribunal declined to issue direction to AO to reopen cases under section 147 as Department have enough powers u/s 147,…
Reopening limitation period not stood extended merely for passing reference made by the ITAT when assessee was not a party…
Market value of property with encroachment would always be lower - ITAT directs adoption of valuation u/s 50C prevalent on…
When assessee surrendered exemption claimed on the condition that penalty proceedings u/s 271(1)(c) are not initiated there was no question…
Charges for Conversion of residential house usage to commercial revenue expenses as they are incurred on year-to-year basis and nor…