Remuneration paid to partners cannot be disallowed for want of registration of firm. There is no requirement that partnership firm…
Company filing complaints/petitions against various CAs in organised manner fined with Rs. One lakhs to discourage making litigation a business.…
There is no requirement to obtain NOC from previous auditor. Dissuading other CAs from taking up audit not object of…
Set off of STCG loss with STCG allowed despite the assessee had not claimed it in his return of income…
Assessees maintaining and not maintaining stock register cannot be equated. ITAT directs addition on estimate basis for possible leakage of…
Exercise of power by CIT u/s 263 is barred when appeal u/s 250 is pending. “record” means what is available…
Failure of AO to issue summons u/s 131(1) on request of assessee in order to enable him to discharge his…
Non response to unauthorised enquiry letter issued without approval not constitute material forming belief of escapement of income u/s 147…
Affixture of income tax notice-essential conditions, procedure and law explained by ITAT. Unless notice is served on proper person in…
Revision 263 merely for difference in income as per P&L Account & TDS statement quashed as assessment order was not…