Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court in…
Order quashed for not deciding objections to reopening u/s 147. The objections filed by the assessee were not decide in…
Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment -…
Printing and distribution of text books is connected to education and not advancement of any other object of General Public…
CA held guilty of misconduct for forging income tax challan and recovering higher amount from clients. Allahabad High Court enhanced…
AO power to extend time for submission of special audit report u/s 142(2A). Power of suo moto extension was inserted…
Trust is entitled to deduction u/s 54F by fiction of section 161. Deduction can not be denied on the ground…
Section 14A applies to dividend income u/s 115-O on which tax is paid by the dividend paying company-Supreme Court explains …
Surety need not be Govt servant, blood relative or local. No property/vehicle papers required. Beggar too qualified if has acceptable…
Principles for writing off bad debts u/s 36(2) as laid down by Courts-ITAT explains. Writing off & claiming deduction are…