Reassessment upheld for non disclosure of Interest income set off against interest on loans and advances when production was not…
Explanation can not be rejected applying prudent mans behaviour test. High Court deletes addition made for cash deposits applying Principle…
Supreme Court explains the doctrine of mutuality. Receipts of non-occupancy charges, transfer charges, common amenity fund charges received by cooperative…
After enactment of GST, administrative Charges on Molasses can not be levied under the provision of the U.P. Sheera Niyantran…
Conviction u/s 278B of Income Tax Act against independent director set aside. Generally and vaguely stated allegations not sufficient to…
Person convicted u/s 276B, unless minor, can not be released on probation of good conduct. Order of the Trial Court…
Assessee in default u/s 201 not absolved if the resident who receives the payment without TDS files a loss return.…
Cash redeposits claimed out of withdrawals unlikely if deposited in remote bank branches not near to the assessee’s office or…
ICAI jurisdiction in disciplinary proceedings is confined to Show-Cause Notice. It can not ask response on applicability of Income Tax…
The Legislature cannot overturn a judgment by way of introducing an amendment to make the judgment wrong or a nullity-Supreme…