Salary accrued to non-resident for services rendered outside India not taxable and included in the total income. ABCAUS Case Law…
Good Work Reward to employee held not constituting bonus u/s 36(1)(ii) and allowable as normal business expenditure u/s 37 of…
Claim for exemption u/s 54B allowed though not made in the return of income. AO had disallowed claim as revised…
No disallowance u/s 40(a)(ia) for short deduction of TDS made at less than prescribed rates. ITAT deleted addition following various…
Merely making cash payments cannot be a ground for disallowance if section 40A(3) not violated or no defects were found…
Disallowance u/s 40A(3) of payment of partners salary in cash. ITAT remands the case in view of Supreme Court judgment…
Is bank guarantee commission liable to TDS u/s 194H-SC dismisses SLP of the Department but keeps the Question of Law…
Disallowance u/s 40A(2) for unreasonable increase in directors remuneration deleted as AO not carried out exercise to determine fair remuneration…
Bogus purchases additions not based on average GP or NP declared by the assessee in preceding years or some reasonable…
Depreciation and provision for maintenance on BOT project allowable. ITAT distinguished decision of Bombay High Court & held in assessee's…