False return filed by loan consultant send to handwriting expert for verification of the signature of the assessee found on…
Guidelines for condonation of delay in appeal filing by Supreme Court and Calcutta High Court. In a recent judgment ITAT…
Original Assessment order merged with CIT order passed u/s 264. AO could not have rectified its original order passed u/s…
Section 68 applicability to share premium or share application money upheld. Section is widely worded to include capital account receipts-Calcutta…
Disallowance us 14A(2)-AO need not resort to Rule 8D always. AO is entitled to make disallowance u/s 14A(2), Rules cannot…
Concealment penalty deleted when income was received by cheque after deducting TDS. ITAT accepts that non disclosure was inadvertent not…
Disallowance us 40(a)(ia) deleted on non CA certificate basis. In the interest of justice and fair play ITAT set aside…
Appeal delay condonation-when assessee not stand to gain by delaying filing appeals, reasons stated under oath in affidavit cannot be…
Not allowing cross examination legally or factually incorrect. It was strange that FFA held that non providing such opportunity would…
Exemption us 11 can not be denied if not filled in Schedule-F when the verification clause of ITR-7 was duly…