Penalty u/s 271B deleted. Books of Accounts not finalised due to TDS credit mismatch despite assessee made sincere attempts for…
Depreciation allowable u/s 11(6) when assessee has not claimed cost of fixed assets as application of income in any previous…
CIT(A) reduced income on appeal which clearly showed non application of mind by AO while recording the reasons, which made…
When all cash credits treated as turnover, capital introduction in cash and machinery purchased should also be considered out of…
Rent of land not appurtenant to building is taxable as income from other sources. Rent only from buildings and land…
ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance or non prosecution ABCAUS Case…
TDS deposited electronically within due time date shown on OLTAS irrelevant. There is no provision of waiver of interest for…
Backward area declared u/s 80HH(2) do not apply to section 80-IA(2)(iv)(c) as both sections are separate and have independent provisions…
Sales of entire year could not be estimated based on cash found during survey. By no means it could be…
Reopening quashed as AO not recorded reasons of assesse's failure to disclose material facts fully and truly but notice u/s…