DVO Valuation report taking 2 Percent per month escalation for determining the value of property relying on nine month old sales…
Reopening us 147 for accommodation entries quashed. AO did not describe how and what manner assessee received entries from operators…
Basic Maxims-Principles of Natural Justice. Audi alteram partem, nemo judex in re sua Quoting the above maxim of natural justice…
Juridical seat of Arbitration attracts law of the location. In such cases Part I of the Arbitration Act would not…
Section 40(a)(i) is discriminatory not applicable to DTAA. This was held by the Delhi High Court, in a recent judgment as under:…
No difference between gift and settlement for capital gains purposes. In a recent judgment, ITAT, Chennai has held that there…
No mandatory show cause notice requirement us 263-SC. Only reasonable opportunity of hearing to be afforded to the assessee The…
15% deduction for CPWD and State PWD rate variation allowable when AO estimated the cost of building construction based on the report of…
The Word record us 154 include all records available with AO. Rectification of Mistake not confined to mere clerical or…
No Violation us 269SS-loan accepted passing journal entries. When the loan is accepted by acknowledgement of debt by passing journal…