Exemption u/s 54B denied for investment in agricultural land made in the name of wife. ITAT followed decision of jurisdictional…
Income Tax relief u/s 90 for tax paid in a foreign country can not be denied for mere delay in…
Merely because assessee accepted disallowance made by Assessing Officer, it cannot automatically lead to conclusion that assessee under reported income…
Disallowance u/s 50C can not be made by CPC by adjustment u/s 143(1) as it infringes statutory right of objection…
There is no provision in the Income Tax Act to tax the difference between value of jewellery declared and jewellery…
Deduction u/s 35(2AB) allowed as Form 3CL was issued late by the competent authority . Form 3CL issued by competent…
Bitumen not valuable article u/s 69A as it requires ownership in large quantity to treat it valuable - Supreme Court…
Power of revision u/s 263 cannot be exercised to collect more taxes by bringing income within the ambit of Sections…
Late fee u/s 234F for delay in filing of ITR deleted as CPC erred in considering due date applicable to…
Capital Gain Exemption u/s 54 wrongly claimed under section 54F allowed being bonafide typographical mistake ABCAUS Case Law Citation:ABCAUS 3739…