Company name struck off by ROC us 560 restored by Delhi High Court for want of notice u/s 560(1)(2) and…
Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved visavis the experience of the Advocate…
Additional depreciation u/s 32(1)(ii) on Capital Work in Progress converted into plant and machinery during the year is allowable -…
Forming opinion on the basis of information received by Investigation wing does not amount to satisfaction of the AO to…
Document pertaining to earlier year also constitutes record and if the same is over-looked, it amounts to a mistake apparent…
Unrecoverable out of pocket expenses allowable u/s 37(1) as business loss though not admissible as bad debts written off u/s s 36(1)(vii) -…
No disallowance us 40aia if Form 15G 15H not furnished to Commissioner as there is no liability to deduct TDS.…
Expenditure allowed in assessment proceedings can not be restricted/disallowed in rectification proceedings u/s 154 which has a limited scope - ITAT…
Wheel loaders, Graders are Motor vehicles and are certainly eligible for higher depreciation rate at 40% as per Appendix I…
No TDS late deposit interest if cheque deposited in bank within due date in view of CBDT Circular No. 261…