Penalty u/s 271E deleted when loan was paid in cash to avoid default effecting CIBIL score as signed cheque books…
Reassessment held bad in law as assessee not given four weeks time to seek legal remedy after rejection of objections…
Non-filing of ITRs by lenders can give rise to suspicion for the lack of creditworthiness but not sufficient to draw…
Claim of agricultural income allowed in view of ownership of large land, girdwari and village sarpanch certificate ABCAUS Case Law…
Even a single transaction may constitute business as defined in section 2(13) of the Income Tax Act ABCAUS Case Law…
Gujarat High Court directs CBDT to decide on further due date extension by 12.01.2021. Writ Petition was filed by All…
Some tax evasion sought by assessee is a necessary condition for imposition of penalty u/s 271(1)(c). What has to be…
No TDS requirement u/s 195 on employee secondment agreement for payments for reimbursement to a non resident enterprises towards costs…
Based on only one fake tax invoice, evaded sales could not be assessed at 100% of the disclosed sales –…
Incorrect wrong and non-existing reasons recorded for reopening of assessment is non application of mind ABCAUS Case Law CitationABCAUS 3430…