50C provisions not apply to transfer of right in partnership firm. Sale deed was executed in favour of incoming partners…
Delhi HC-weddings cash withdrawal limits not unjustified and unwarranted as the rigid conditions apply only when payments exceeds Rs. 10000/-…
Imprest account not necessarily part of partner capital account as held by ITAT was based merely on partner's statement without…
National Anthem playing in cinema halls made mandatory. National Anthem be played before start of feature film and everyone must…
Interest on loan for declaring dividend allowable deduction u/s 36(1)(iii) even in absence of profits/reserves and the treatment of such…
No Penalty 271(1)(c) if primary information is furnished with ITR as held by Supreme Court in the case of Reliance…
Business income or STCG-Frequency-repetition of sale purchase not conclusive. Factors like main business / profession of assessee, intention while purchasing…
Depreciation claim disallowed-defective machine not ready to use. Legal ownership not a must but the machine if not used, should…
ITAT duty bound to grant relief even if no specific ground raised. Even without alternative submission, Tribunal must pass consequential…
Domestic Help to Former CJI and Judges of Supreme Court-Rules. Domestic Help.to be selected by Judges at her or his…