No liability for TDS when buyers deducted commission and remit only net amount – ITAT quashed disallowance u/s 40(a)(ia) ABCAUS…
Statement recorded u/s 132(4) is not sacrosanct merely because assessee failed to demonstrate any coercion and duress - ITAT ABCAUS…
Assessee cannot be asked to explain the bank transactions of an unrelated party - ITAT deleted addition u/s 69A ABCAUS…
Determining tax liability under Section 74 of UPGST Act, following Income Tax guidelines is impermissible – Allahabad High Court ABCAUS…
Mere providing evidence relied upon by AO no substitute of fundamental right of opportunity for cross-examination - ITAT ABCAUS Case…
Section 69 & 115BBE not applicable on excess stock generated out of business income ABCAUS Case Law Citation:ABCAUS 3704 (2023)…
No penalty u/s 271C on mere delay in deposit of TDS after deduction – Supreme Court No penalty can be…
Sale of Agricultural land converted into commercial land held non taxable as agricultural operations were continued – SC dismisses SLP…
Income Tax assessment order passed u/s 143(3) supports that party was not bogus, very much existed and carried out business…
Payment made by family member for purchase of new property not a bar to assessee in claiming exemption u/s 54F.…