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…
Cheque not filled though signed by drawer no defence in trial of offence u/s 138 of NI Act. Accused must…
Opening GST Portal to allow filing/Revision of TRAN-1. Supreme Court dismisses SLP of the Government against order of Punjab &…
Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) if the facts justify…
Registration u/s 12AA can not be denied for non-commencement of activities. Registration can be applied for by a new trust.…
Penalty notice u/s 271AAB without specifying at what percentage the penalty will be levied makes it defective and invalid and…
Fixed medical allowance to employees taxable without proof that medical expenditure actually incurred. ITAT upheld addition u/s 201(1) for short…
Profit on Bogus purchase/ accommodation entries @ 5% upheld by the High Court. Only profit element embedded is to be…
For Revision u/s 263, records include records relating to assessment proceedings of preceding assessment years ABCAUS Case Law Citation:ABCAUS 3271…