Addition for jewellery found in search deleted as net weight found in search was lower than jewellery found during earlier…
Revised claim of deduction u/s 80IC allowed without revised return Judgment of Supreme Court applies to AO not appellate Authorities…
IBBI bans Insolvency Professional for three months for appointing unregistered valuer ABACUS Case Law CitationABCAUS 3372 (2020) (08) IBBI In…
Law does not debar assessee from making a claim which he believes is plausible and knowing that it will be…
Second reopening notice u/s 148 issued without completing earlier reassessment proceedings is invalid ABACUS Case Law CitationABCAUS 3370 (2020) (08)…
Capital gain to be computed first applying exemption and then provisions for set off of capital loss ABACUS Case Law…
Addition for unsecured loans tenable when profits are estimated as it is not trading account but balance sheet item ABACUS…
Inability to produce evidence by Legal representative of assessee alone should not be a basis to decide allowability of expenses. …
Limitation period for making application for initiation of CIRP is three years from date of default. IBC not a money…
Depreciation disallowed on VAT portion of capital goods suspected to be purchased from grey market ABACUS Case Law CitationABCAUS 3364…