CIT can exercise powers u/s 263 despite assessee’s appeal on that or some other aspect if the same was the…
Findings of Disciplinary Committee of ICAI related to misconduct by chartered accountants would ordinarily not be disturbed unless found to…
Delhi High Court strucks down seven ICDS as ultra vires with CBDT Notification Nos. 87 and 88 dated 29th September…
No deemed abandoning of trade mark registration application on the ground that applicant failed to file counter to opposition filed…
CBDT cannot issue circular with retrospective effect-Supreme Court. Revised monetary limits for appeals to apply prospectively. CBDT vide Instruction No.…
No delay condonation application was required for appeals when the order was received late- ITAT restores appeals of the assessee…
Penalty can not be imposed on the basis of findings of assessment proceedings as they cannot automatically be adopted in…
Penalty for late filing VAT return-balance sheet held non compensatory and disallowed as per Explanation -1 to section 37 as…
Refund granted should be adjusted first towards interest component and balance left if any shall be adjusted towards the tax…
Addition based on judicial precedence in other cases unsustainable without first addressing the factual inadequacy of assessee’s explanation - ITAT…