Expression “any previous year” in Section 68 refers to previous year relevant to the Assessment Year in question - High…
Organisations with no active politics cannot be denied access to foreign contributions. Legitimate means of dissent like bandh, hartal etc.…
Deduction 80IA allowed on conversion of partnership firm into company under Part IX of Companies Act 1956. Supreme Court upheld…
Where AO of searched person and other person same, there can be one satisfaction note prepared by the Assessing Officer…
Trader in scrap not liable to collect TCS u/s 206C if scrap not a result of manufacturing ABCAUS Case Law…
To obtain Judicial information through mechanism provided under High Court Rules, provisions of RTI Act not apply ABCAUS Case Law…
High Court has no power to waive pre deposit for entertaining appeal before DRAT as mandated by Section 18 of…
Indira Vikas Patra purchased in cash and lost then Post office rightly refused to encash Certificates as identity of initial…
Reversal of earlier order by ITAT based on judgment of non jurisdictional High Court. Question kept open though SLP dismissed…
Foreign exchange forward contract incidental to export business to cover up losses due to foreign exchange rate variation not speculative…