Television news software produced was eligible for deduction 80HHE as customized electronic data which is transmitted from India to a…
Profits from sale of investments by Insurance Company held exempt in view of CBDT Circular. The income so earned was…
Book entry transfer of share application money to capital reserve account could not be regarded as benefit or perquisite arising…
Interest on fixed deposits during construction period held not taxable as FDRs were made out of share application money and…
Unexplained Cash Credits in Bank Statements held taxable u/s 68. Non production of document is different from not maintaining Books of Account…
Penalty notice issued after completion of assessment proceedings illegal. Where no proceedings relevant to assessment year are pending penalty notice…
Right to privacy is fundamental right-Supreme Court Constitution Bench judgment.Right to privacy protected as an intrinsic part of the right to…
Recording AO satisfaction must for exempt income disallowance u/s 14A(2) and Rule 8(D) of the Income Tax Rules, 1962. High…
Commissioner ordered to pay VAT Special Audit Fee to CA Firm when assessee defaulted despite there was no provision for…
Penalty u/s 271(1)(c) invalid for assessment made in search cases u/s 158BC of the Income Tax Act. Penalty proceedings initiated…