Non filing appeal within statutory limitation period not a case of violation of fundamental right, much less statutory or legal…
Car mattings not classifiable as parts & accessories of motor vehicles. no need to apply common parlance/market test - SC…
Cash credit entries in books of a firm, in absence of material to indicate that they were its profits, could…
Goods movement under CST terminate when delivery is taken from carrier. There is no concept of constructive delivery-Supreme Court …
Witholding / Processing of refund on issue of notice u/s 143(2)-SC explains the Law. From AY 2017-18 onwards, recording of…
Doctrine of mutuality was vitiated by absence of right to participate in surplus. Supreme Court explains three basic tests to…
Quantum addition for unexplained cash credits u/s 68 quashed by the Supreme Court based on the findings of penalty proceedings…
No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings ABCAUS Case Law Citation:ABCAUS…
No Penalty u/s 271(1)(c) on cancellation of automatic deduction u/s 24(a) on wrong classification of income under house property than…
Expenses incurred during lull business period can not be denied to assessee when he was not able to generate any…