Education cess & Secondary and Higher Education Cess are allowable deduction while computing income chargeable under the head of profits…
Exemption u/s 54F for investment in name of wife allowed when non-jurisdictional High Courts had different opinions and no decision…
Deeming provision of section 68 not apply if no sum is received in terms of any money, i.e., in cash…
Treating expenses bogus without appreciating replies received u/s 133(6) unfair. AO always expected to examine replies of the recipients of…
Penalty 271(1)(b) deleted as assessee had furnished medical certificate of treatment for depression and AO did not bring anything against…
Filing Income Tax Form with scanned signature held only procedural defect and curable in nature. ITAT allowed Form 35A filed…
Delay in Appeal against TDS CPC order downloaded after two years condoned as the order was never served on assessee…
Memorandum of Family Settlement not required to be registered – Supreme Court. Read essentials ingredients of a Family Settlement ABACUS…
No disallowance for bogus purchase when there is one to one reconciliation of purchase with sales - ITAT ABACUS Case…
Liability of TDS u/s 194C(2) of Transporters for further payments to trucks owners/operators. Supreme Court explains the Law ABCAUS Case…