The assessee entitled to claim deduction u/s 80HH with respect for profits derived from processing of cashew in the factories…
ITAT rejected cash flow statement for no household drawings made. Addition u/s 68 sustained for estimated amount of household drawings…
Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed sale consideration and order…
Disallowance u/s 40A(3) for cash payment to BSNL deleted as BSNL is a State and payments were made for business…
Concealment penalty u/s 271(1)(c) deleted on humanitarian grounds as the assessee had died, his business was closed and his widow…
No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…
TDS on testing and commissioning services deductible u/s 194C as contractual payments as not as fees for technical services u/s…
Section 55A related to DVO reference not apply in a reverse case when value claimed by assessee exceeds the fair…
Exclusion of genetic disorders in insurance contracts is illegal and unconstitutional. IRDA directed to ensure that insurance companies do not…
CA alleged as master mind of issuing bogus bills gets relief from Appellate Authority. ICAI had held Mumbai based CA…