Revision order us 263 on conducting additional enquiry on different pattern when AO conducted adequate enquiry and took view permissible…
Revenue cannot judge fee paid for business development services with respect to the benefit derived by the assessee in terms…
Deposits in Bank-Income estimated 10% of cash and 20% of cheque deposits as the assessee reasonably proved that he was…
Revision us 263-Student Development-Capitation Fees not reflected in Income Expenditure Account shown directly in the Balance Sheet held as erroneous…
Bogus Purchases-AO cannot sit back and make addition without enquiry simply relying on information from Sales Tax Deptt. and issuing…
Penalty 272A(2)(k)-Accountant left services was reasonable cause. If TDS + interest paid and statements filed though belatedly there was no…
Handling-distribution loss in dealing wholesale poly pack milk allowed. The nature of business demanded such losses and the percentage incurred…
Reopening us 147 on the basis of photocopy document bad as it has been judicially held that photo copies have…
Assessment us 153C based on paper not belonging to assessee held as bad. Shifting the burden on assessee without making…
The violation, if any, of the provision of a State Act, should not come in the way of processing the…