TDS not applicable on payment of bank guarantee commission to bank listed in second schedule to RBI Act as there…
Rejection of books due to admission of assessee being bogus accommodation entry provider is quiet correct - ITAT In the…
Education cess not a disallowable expenditure u/s 40(a)(ii) as the amendment proposed by Finance Bill 2022 is yet to take…
Receipts from transfer of the Carbon Credits are capital in nature and not are chargeable to tax. In the instant…
No addition u/s 68 for unsecured loan taken without payment of interest where assessee furnished name, address, PAN and transaction…
Reasons to believe escapement of income should be for the same assessment Year. Reasons recorded for earlier years can not…
Cash deposits by CA stated to be trading income added as unexplained income u/s 68 as ICAI does not allow…
Presumption that donors have meagre source of income because they are agriculturists may not be appropriate - ITAT ABCAUS Case…
Receipts for carrying out warehouse operations as per the terms of agreement was not rental income but were business receipts…
Passing of order giving effect to appellate order if time barred, original assessment order would stand and assessee would be…