Constitutional validity of Section 21A of the Banking Regulation Act upheld by Supreme Court. PIL challenged it on the ground…
Orders of Supreme Court, High Courts and CESTAT accepted by the CBEC and on which no review petitions, SLPs have…
Supreme Court explains the law on cancellation of certificate u/s 12AA. Grant of Registration u/s 12A is quasi judicial function…
Assessment made on revised ITR with fake figures filed for bank loan purpose quashed as the original return was belated…
Deduction u/s 36(1)(vii) allowed for sales tax component of bad debts written off in the books of accounts. in any…
Addition made for electricity variation with quantum of production deleted. Lower consumption of electricity for the same quantum of production…
Addition for investment in land deleted when it was purchased by the company in the name of director to facilitate…
Addition u/s 68 for not producing shareholders details deleted as in public issue company not expected to know every detail…
Sale of shares can not be treated as business income merely on the basis of notes to Audited Accounts. Five…
No doubt hopes of students have shattered-Delhi High Court dismisses writ against CA results expresses concern over circulation of maessages…