Appeal Fee to be paid to ITAT on appeal against Rectification order u/s 154– Residual clause of section 253(6)(d) not…
Cessation of Liability u/s 41 – Calcutta High Court demystifies the Income TaxLaw ABCAUS Neutral Case Law Citation:ABCAUS 3678 (2023)…
Assessing agriculture income as business income no basis for imposing penalty u/s 271A as it would not ipso facto lead…
Cash deposited on same day of sale deed execution has a prima facie direct nexus between source of cash deposit…
Reassessment proceedings u/s 148A under amended provisions and impact of the Taxation and Other Laws (Relaxation And Amendment of Certain…
Future refunds can not be adjusted for TDS mismatch in terms of Section 205 of the Income Tax Act 1961…
Delay in filing of Tax Audit Report due to computer data crash- Penalty u/s 271B quashed ABCAUS Case Law Citation:ABCAUS…
Onus was not on Revenue to demonstrate that the assessee paid commission, but on the assessee to demonstrate that he…
Loan obtained preceded by cash deposit of exact amount in lenders account held to be cash credit u/s 68 as…
Adhoc disallowance of estimated expenses was justified in the absence of substantiation of expenses by assessee ABCAUS Case Law Citation:ABCAUS…