Share STCG not become business income by employment of Portfolio Management Service (PMS) for investment in shares. This was held…
In a recent judgment, ITAT has held that the sale of shares by the assessee was not business income but…
No Penalty us 2711c for additions made on DVO report basis as the DVO report is just an opinion or…
Notional interest Perquisite on Security deposit paid to landlord. Notional Interest on amount paid by employer for employee's accommodation not…
Interest 234B invalid if TDS deductible on entire income us 195 as there is no failure on the part of…
AO bound to furnish reopening reasons recorded us 147 within a reasonable time for initiation of reassessment proceedings u/s 147/148…
Addition us 68 remanded back by ITAT for short time lag between inquiry initiation and conclusion when the evidence was…
Gift received from Step Father not taxable us 562vi as income from other sources. The Explanation to section 56(2) would indicate…
Bad Debts written off as irrecoverable must form part of income. The assessee can claim bad debts by just writing off…
ICAI income exempt us 11. The institute is an educational institute and its coaching activities falls within the meaning of…