Search warrant in the name of assessee and family members. The word 'family members' can not be stretched to include…
CA floated 90 companies for fake accommodation entries. However Reopening u/s 147 held bad as merely based on Investigation Wing…
Recording two separate reasons for reopening u/s 147 148 bad as it itself shows non-application of mind and assumption of…
No TDS liability us 194C for back to back contract in JV. Joint venture and its constituent members had no…
Commissioner can allow fresh deduction claim u/s 264 under revision petition without requirement of filing of revised income tax return…
Income Tax Appeal tax effect limit do not include cess. Applicability of CBDT instruction for tax effect to be worked…
The marginal fall in GP ratio compared to preceding year and non-incurring of expenditure like travelling, telephone, salary, etc. are…
Work assigned to sub-contractors or payments made to them not part of total turnover us 6B of the Karnataka Sales…
There is no hard and fast rule of earning same net profit rate over different years. Additions made without any…
Interest waiver-reduction u/s 220(2A) denial for threat by the assessee not justified. The satisfaction must be arrived at with reference to the…