If accounts are audited AO has to explain the rejection of profit with sufficient clarity. When there are audited accounts…
Limitation period for revision Petition 264 starts with service of intimation u/s 143(1) and not from the date when assessee…
Rejection of technical bid due to curable defect of missing notary stamp on some of the tender documents held as…
Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147…
Questions/expressions of Ram Jethmalani against Arun Jaitely declared indecent and scandalous by Delhi High Court ABCAUS Case Law Citation:…
SC directs ICAI to provide complainant’s statement to CA for alleged misconduct. High Court to interpret Regulation 16 of the…
Tribunal not competent to travel beyond the scope of appeal in making the addition It has to confined itself to questions…
What was not income in earlier years can not be written off as debt. The failure of share broker to…
No illegality if notice us 226(3)(iii) to assessee not issued simultaneously or prior to notice issued to bank for attachment…
Duplication in alleged entries was a classic case of non-application of mind by AO as he persisted with his belief…