Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F. Term residential house include all…
The assessee was not prejudiced when AO disallowed only 10% of expenses instead of rejecting the books u/s 145 and…
Concealment Penalty u/s 271(1)(c) for claiming capital loss as business loss. No Penalty when the assessee disclosed all the material…
Addition for unexplained expenses incurred on marriage of daughter. High Court remands the matter to Tribunal for fresh adjudication ABCAUS…
Remand of the case by ITAT without setting aside the judgment of CIT(A). High Court directed assessee to move rectification…
Filing subsequent ITRs in time no reason for rejecting petition u/s 119(2)(b) to condone the delay for return filing for…
Demand notice quashed as due to absence of AO it did not precede any hearing as contemplated under Section 274…
High Court stays penalty proceedings during pendency of petition u/s 264 filed before Commissioner of Income Tax ABCAUS Case Law…
Capital gain Exemption u/s 54 can not be denied for new property purchased in joint names of self wife &…
Date of Agreement to purchase taken as date of acquisition for grant of exemption u/s 54F. Section 2(47) not stipulates…