Prosecution u/s 276B of directors as Principal Officer upheld as they failed to disclose who was managing the affairs of…
Educational institutions may take more creative steps to qualify their objectives as an “educational purpose” than objectives set out in…
High Court upheld inclusion and exclusion of comparables by TPO based on filters of losses, declining sales, segment reporting employee…
Unilateral writing off liability in the books of creditor can not be taxed u/s 41 in the hands of the…
AO not required to adjudicate oral objection on reopening of assessment u/s 148 in the absence of any specific objection…
Back dated seizure order under GST Act quashed by the High Court as e-Way Bill was downloaded and produced before the…
Repeated purchase of same scrip and immediate sale on daily basis to take advantage of the market fluctuations was business…
Roads and common facilities area in land development agreement also part of assessee’s share in land for capital gain purpose…
Order of prosecution for TDS late deposit open to judicial review but in a limited manner to ensure that the…
Penalty u/s 271B for sales disclosed during survey can not be levied for failure to get accounts audited u/s 44AB…